For GPMT, its debt to operating expenses ratio is greater than that reported by 98.87% of US equities we're observing.
As for revenue growth, note that GPMT's revenue has grown -39.2% over the past 12 months; that beats the revenue growth of just 4.81% of US companies in our set.
Granite Point Mortgage Trust Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -359.03%, greater than the shareholder yield of just 1.56% of stocks in our set.
Stocks that are quantitatively similar to GPMT, based on their financial statements, market capitalization, and price volatility, are BLX, RWT, ACRE, MFA, and WHF.
Granite Point Mortgage Trust Inc. (GPMT) Company Bio
Granite Point Mortgage Trust Inc. is a REIT that originates, invests in, and manages senior floating-rate commercial mortgage loans and other commercial real-estate investments. The company is based in New York City, New York.
At this time, I would like to welcome everyone to the Granite Point Mortgage Trust first-quarter 2020 financial results conference call. Thank you for joining our call to discuss Granite Point's first-quarter 2020 financial results. With me on the call this morning are Jack Taylor, president and CEO; Marcin Urbaszek, our CFO; Steve Alpart, our CIO; and Steve Plust, our COO.
Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -5.88% and 4.61%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- Granite Point Mortgage Trust Inc. has tapped Evercore Inc. for strategic advice as it looks for ways to shore up its financial position, according to people familiar with the matter.The New York-based company, which originates, invests in and manages commercial real estate-linked debt, is exploring financing alternatives among other options, said one of the people, who requested anonymity because the matter is private.A representative for Granite Point declined to comment, while a spokesman for Evercore also declined to comment.Granite Point in March said it had agreed to internalize its management, which is currently externally managed by Pine River Capital Management LP. As of Wednesday’s close, the company’s share price has fallen 76% since the end of 2019 to $4.36, gi...