Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Taylor John AOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-74,404Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Taylor John AOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-39,392Price:$4.79
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Taylor John AOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:74,404Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Morral Peter M.Ownership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Morral Peter M.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-20,257Price:$4.79
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Morral Peter M.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Alpart StephenOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Alpart StephenOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-20,257Price:$4.79
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Alpart StephenOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Plust StevenOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-39,682Price:--
Filings by filing date
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Taylor John AOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-74,404Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Taylor John AOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-39,392Price:$4.79
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Taylor John AOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:74,404Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Morral Peter M.Ownership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Morral Peter M.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-20,257Price:$4.79
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Morral Peter M.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Alpart StephenOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Alpart StephenOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-20,257Price:$4.79
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Alpart StephenOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:39,682Price:--
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Mar 15, 2024 (filed on Mar 19, 2024)Insider Name:Plust StevenOwnership Type:Direct OwnershipSecurities:Restricted Stock UnitsNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-39,682Price:--
News
Biz Brief
Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3 Bryant Park, Suite 2400A NEW YORK NY 10036 |
Tel: | 1-212-3645500 |
Website: | https://www.gpmtreit.com |
IR: | See website |
Key People | ||
John A. Taylor President, Chief Executive Officer, Director | Marcin Urbaszek Chief Financial Officer, Vice President, Treasurer, Head of Investor Relations | Steven Plust Chief Operating Officer, Vice President |
Stephen Alpart Chief Investment Officer, Vice President | Michael J. Karber Vice President, General Counsel, Secretary | Peter M. Morral Vice President, Chief Development Officer |
Business Overview |
Granite Point Mortgage Trust Inc. is an internally managed real estate finance company. The Company focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Its investment objective is to preserve its stockholder's capital while generating attractive risk-adjusted returns over the long term, primarily through dividends derived from current income produced by its investment portfolio. The Company provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancings and a range of business plans. It may also directly originate and invest in mezzanine loans, subordinated mortgage interests and other real estate securities, and may also invest in preferred equity investments and other investments. The Company's loan portfolio consisted of approximately 73 commercial real estate loan investments. |
Financial Overview |
For the fiscal year ended 31 December 2023, Granite Point Mortgage Trust Inc revenues increased 27% to $266.5M. Net loss applicable to common stockholders increased 40% to $77.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects (Provision for) benefit from credit loss increase of 51% to $104.8M (expense). |
Employees: | 35 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,988M as of Dec 31, 2023 |
Annual revenue (TTM): | $266.49M as of Dec 31, 2023 |
EBITDA (TTM): | -$63.34M as of Dec 31, 2023 |
Net annual income (TTM): | -$77.65M as of Dec 31, 2023 |
Free cash flow (TTM): | -$5.25M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,763M as of Dec 31, 2023 |
Shares outstanding: | 50,793,057 as of Feb 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |