Granite Point Mortgage Trust Inc (GPMT) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Granite Point Mortgage Trust Inc stock $9.33, price $3.34, upside +179.3%, quality 55 out of 100. Rating: strongly undervalued. Calculated from audited financials with 5 of our 26 valuation models and 37 quality factors, updated daily.
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Granite Point Mortgage Trust Inc
GPMT · USThe stock costs 64% less than our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $3.34 – $81.18 · fair‑value band $9.33 – $36.76 · the $3.34 price screens below the $9.33 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Company profile
Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments in the United States.
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The company offers intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, such as lease-up, renovation, repositioning, and repurposing of the commercial property.
It also originates and invests in mezzanine loans, subordinated mortgage interests, and other real estate securities, as well as preferred equity investments, unsecured notes, and other investments that are subordinated or otherwise junior in an issuer's capital structure.
The company was founded in 2015 and is headquartered in New York, New York.
Stock analysis
Granite Point Mortgage Trust Inc (GPMT) currently trades at $3.34, while our model-based Fair Value estimate is $9.33, implying the stock looks roughly 64% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of $74.96 per share, and 5 of the 5 models we run sit above the $3.34 price.
Bear case: the Growth DCF group reads lowest at $15.76, and 0 of the 5 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $9.33 (bear) to $36.76 (bull), the price of $3.34 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Granite Point Mortgage Trust Inc reported revenue of $145M in FY2025 versus $87.5M in FY2021, a compound +13.5%/yr. Reported net income was −$41.2M in FY2025.
Key figures
Market cap $18.0M Micro · EPS (TTM) $−32.45 · Net margin −28.3% · Return on equity −15.3% · Return on assets (EBIT) −1.0% (5-year average) · Operating margin 124% · Revenue (TTM) −$29.0M · Revenue growth (YoY) +92.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (medium confidence).
What moves the price
The share trades about 87% below its 52-week high and at its 52-week low.
For context, the median of 10 Real Estate peers we cover trades at 56% fair-value upside, at 179%, GPMT screens cheaper than that median.
Fair Value models
All 5 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 2 officers or directors sold shares worth $55,647 and none bought.
- SaleStephen G KasnetDirector2× since Nov 12, 2025: 71,772 shares, avg. $2.24$160,673Jun 8, 2026
- SaleTanuja M DehneDirector10,827 shares at $1.48$16,024Jun 8, 202610b5-1 plan
- SaleHope B WoodhouseDirector14,674 shares at $2.70$39,620Nov 10, 2025
Plus 7 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
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Compare Granite Point Mortgage Trust Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Mortgage · 31 stocks
Valuation Multiplesvs REIT - Mortgage median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- PEG screener for stocks with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more REIT - Mortgage stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| MFA Financial, Inc MFA | $6.21 | $14.69 | +137% | vs GPMT |
| AGNC Investment Corp AGNC | $8.78 | $18.66 | +113% | vs GPMT |
| Starwood Property Trust, Inc STWD | $12.05 | $25.00 | +107% | vs GPMT |
| Orchid Island Capital, Inc ORC | $4.94 | $8.77 | +78% | vs GPMT |
| ARMOUR Residential REIT, Inc ARR | $12.60 | $19.59 | +56% | vs GPMT |
| Rithm Capital Corp RITM | $9.23 | $13.14 | +42% | vs GPMT |
| Annaly Capital Management, Inc NLY | $18.75 | $19.24 | +3% | vs GPMT |
| Ellington Financial Inc EFC | $11.26 | $11.12 | −1% | vs GPMT |
| Dynex Capital, Inc DX | $10.68 | $9.12 | −15% | vs GPMT |
| Ladder Capital Corp LADR | $8.91 | $7.56 | −15% | vs GPMT |
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Frequently asked questions
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Key figures of Granite Point Mortgage Trust Inc
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