The latest price target for Granite Point Mortgage (NYSE:GPMT) was reported by Keefe, Bruyette & Woods on December 10, 2024. The analyst firm set a price target for $3.25 expecting GPMT to rise to within 12 months (a possible 10.92% upside). 9 analyst firms have reported ratings in the last year.

The latest analyst rating for Granite Point Mortgage (NYSE:GPMT) was provided by Keefe, Bruyette & Woods, and Granite Point Mortgage upgraded their market perform rating.

The last upgrade for Granite Point Mortgage Trust Inc happened on December 10, 2024 when Keefe, Bruyette & Woods raised their price target to $3.25. Keefe, Bruyette & Woods previously had an underperform for Granite Point Mortgage Trust Inc.

The last downgrade for Granite Point Mortgage Trust Inc happened on February 20, 2024 when JMP Securities changed their price target from N/A to N/A for Granite Point Mortgage Trust Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Granite Point Mortgage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Granite Point Mortgage was filed on December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.

While ratings are subjective and will change, the latest Granite Point Mortgage (GPMT) rating was a upgraded with a price target of $3.00 to $3.25. The current price Granite Point Mortgage (GPMT) is trading at is $2.93, which is out of the analyst’s predicted range.