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Granite Point Mortgage Trust Inc has a consensus price target of $4.42 based on the ratings of 5 analysts. The high is $6.5 issued by Raymond James on February 16, 2024. The low is $3.25 issued by Keefe, Bruyette & Woods on December 10, 2024. The 3 most-recent analyst ratings were released by UBS, Keefe, Bruyette & Woods, and UBS on February 25, 2025, December 10, 2024, and November 15, 2024, respectively. With an average price target of $3.58 between UBS, Keefe, Bruyette & Woods, and UBS, there's an implied 32.72% upside for Granite Point Mortgage Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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02/25/2025 | Buy Now | 29.63% | UBS | Douglas Harter68% | $3.75 → $3.5 | Maintains | Buy | Get Alert |
02/18/2025 | Buy Now | — | JMP Securities | Chris Muller58% | — | Reiterates | Market Perform → Market Perform | Get Alert |
01/10/2025 | Buy Now | — | JMP Securities | Chris Muller58% | — | Reiterates | Market Perform → Market Perform | Get Alert |
12/10/2024 | Buy Now | 20.37% | Keefe, Bruyette & Woods | Jade Rahmani67% | $3 → $3.25 | Upgrade | Underperform → Market Perform | Get Alert |
11/15/2024 | Buy Now | 48.15% | UBS | Douglas Harter68% | $3.5 → $4 | Maintains | Buy | Get Alert |
11/12/2024 | Buy Now | 11.11% | Keefe, Bruyette & Woods | Jade Rahmani67% | $2.75 → $3 | Maintains | Underperform | Get Alert |
08/12/2024 | Buy Now | 1.85% | Keefe, Bruyette & Woods | Jade Rahmani67% | $3.25 → $2.75 | Maintains | Underperform | Get Alert |
07/10/2024 | Buy Now | 20.37% | Keefe, Bruyette & Woods | Jade Rahmani67% | $3.85 → $3.25 | Maintains | Underperform | Get Alert |
04/10/2024 | Buy Now | 75.93% | Keefe, Bruyette & Woods | Jade Rahmani67% | $5 → $4.75 | Maintains | Underperform | Get Alert |
03/20/2024 | Buy Now | 122.22% | UBS | Douglas Harter68% | $6.5 → $6 | Maintains | Buy | Get Alert |
02/20/2024 | Buy Now | — | JMP Securities | Steven Delaney68% | — | Downgrade | Market Outperform → Market Perform | Get Alert |
02/16/2024 | Buy Now | 140.74% | Raymond James | Stephen Laws61% | $7 → $6.5 | Maintains | Outperform | Get Alert |
12/06/2023 | Buy Now | 140.74% | UBS | Douglas Harter68% | → $6.5 | Initiates | → Buy | Get Alert |
08/17/2023 | Buy Now | 233.33% | JMP Securities | Steven Delaney68% | → $9 | Reiterates | Market Outperform → Market Outperform | Get Alert |
05/12/2023 | Buy Now | 159.26% | Raymond James | Stephen Laws61% | $9 → $7 | Maintains | Outperform | Get Alert |
12/15/2022 | Buy Now | 122.22% | Keefe, Bruyette & Woods | Jade Rahmani67% | → $6 | Downgrade | Market Perform → Underperform | Get Alert |
12/13/2022 | Buy Now | 270.37% | JMP Securities | Steven Delaney68% | $12 → $10 | Maintains | Market Outperform | Get Alert |
11/11/2022 | Buy Now | 233.33% | Raymond James | Stephen Laws61% | $10 → $9 | Maintains | Outperform | Get Alert |
10/18/2022 | Buy Now | 270.37% | Raymond James | Stephen Laws61% | $13.5 → $10 | Maintains | Outperform | Get Alert |
09/15/2022 | Buy Now | 344.44% | JMP Securities | Steven Delaney68% | $13 → $12 | Maintains | Market Outperform | Get Alert |
07/18/2022 | Buy Now | 400% | Raymond James | Stephen Laws61% | $15 → $13.5 | Maintains | Outperform | Get Alert |
06/17/2022 | Buy Now | 381.48% | JMP Securities | Steven Delaney68% | $15 → $13 | Maintains | Market Outperform | Get Alert |
05/13/2022 | Buy Now | 455.56% | Raymond James | Stephen Laws61% | $16 → $15 | Maintains | Outperform | Get Alert |
The latest price target for Granite Point Mortgage (NYSE:GPMT) was reported by UBS on February 25, 2025. The analyst firm set a price target for $3.50 expecting GPMT to rise to within 12 months (a possible 29.63% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Granite Point Mortgage (NYSE:GPMT) was provided by UBS, and Granite Point Mortgage maintained their buy 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 February 25, 2025 so you should expect the next rating to be made available sometime around February 25, 2026.
While ratings are subjective and will change, the latest Granite Point Mortgage (GPMT) rating was a maintained with a price target of $3.75 to $3.50. The current price Granite Point Mortgage (GPMT) is trading at is $2.70, which is out of the analyst’s predicted range.
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