The latest price target for Granite Point Mortgage (NYSE:GPMT) was reported by UBS on November 15, 2024. The analyst firm set a price target for $4.00 expecting GPMT to rise to within 12 months (a possible 16.96% 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.

There is no last upgrade for Granite Point Mortgage

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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.

While ratings are subjective and will change, the latest Granite Point Mortgage (GPMT) rating was a maintained with a price target of $3.50 to $4.00. The current price Granite Point Mortgage (GPMT) is trading at is $3.42, which is out of the analyst’s predicted range.