Granite Point Mortgage Trust Inc. GPMT
Granite Point Mortgage Trust Inc. is a real estate finance company that originates, invests in and manages senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. As of December 31, 2025, its loan portfolio consisted of 43 commercial real estate loan investments with an aggregate principal balance of $1.7 billion, with 97.2% earning floating-rate interest. The company finances its business through public and private offerings of equity and debt securities, asset-backed financings and commercial real estate collateralized loan obligations, with repurchase and secured credit financing facilities providing an aggregate maximum borrowing capacity of $1.1 billion and outstanding securitized debt obligations of $0.6 billion.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-03-02 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Distributable Earnings (Loss) / leverage are from the Q1 2026 earnings release (filed 2026-05-05) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model GPMT yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $145.28M | $-41.15M | $0.00 | $56.88M | $2.67M |
| 2024 | $-165.53M | $-207.05M | $6.51M | $6.51M | $8.76M |
| 2023 | $-22.67M | $-63.20M | $3.49M | $3.49M | $52.10M |
| 2022 | $78.26M | $-40.83M | $0.00 | $0.00 | $58.90M |
| 2021 | $87.53M | $68.35M | $16.56M | $16.56M | $60.30M |
| 2020 | $104.93M | $-40.44M | $0.00 | $0.00 | $20.25M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-04-01 | 2026-04-01 | 2026-04-15 | 2026-03-13 | $0.05 | Quarterly |
| 2025-12-30 | 2025-12-30 | 2026-01-15 | 2025-12-17 | $0.05 | Quarterly |
| 2025-10-01 | 2025-10-01 | 2025-10-15 | 2025-09-17 | $0.05 | Quarterly |
| 2025-07-01 | 2025-07-01 | 2025-07-15 | 2025-06-17 | $0.05 | Quarterly |
| 2025-04-01 | 2025-04-01 | 2025-04-15 | 2025-03-13 | $0.05 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-19 | $0.05 | Quarterly |
| 2024-10-01 | 2024-10-01 | 2024-10-15 | 2024-09-20 | $0.05 | Quarterly |
| 2024-07-01 | 2024-07-01 | 2024-07-15 | 2024-06-18 | $0.05 | Quarterly |
| 2024-03-28 | 2024-04-01 | 2024-04-15 | 2024-03-14 | $0.15 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-12-19 | $0.20 | Quarterly |
| 2023-09-29 | 2023-10-02 | 2023-10-16 | 2023-09-20 | $0.20 | Quarterly |
| 2023-06-30 | 2023-07-03 | 2023-07-17 | 2023-06-22 | $0.20 | Quarterly |
| 2023-03-31 | 2023-04-03 | 2023-04-17 | 2023-03-16 | $0.20 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-17 | 2022-12-20 | $0.20 | Quarterly |
| 2022-09-30 | 2022-10-03 | 2022-10-17 | 2022-09-20 | $0.25 | Quarterly |
| 2022-06-30 | 2022-07-01 | 2022-07-15 | 2022-06-16 | $0.25 | Quarterly |
| 2022-03-31 | 2022-04-01 | 2022-04-15 | 2022-03-17 | $0.25 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-18 | 2021-12-16 | $0.25 | Quarterly |
| 2021-09-30 | 2021-10-01 | 2021-10-19 | 2021-09-15 | $0.25 | Quarterly |
| 2021-06-30 | 2021-07-01 | 2021-07-19 | 2021-06-15 | $0.25 | Quarterly |
| 2021-03-31 | 2021-04-01 | 2021-04-19 | 2021-03-18 | $0.25 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-22 | 2020-12-21 | $0.45 | Special |
| 2020-10-07 | 2020-10-08 | 2020-10-19 | 2020-09-28 | $0.20 | Quarterly |
| 2019-12-30 | 2019-12-31 | 2020-01-17 | 2019-12-18 | $0.42 | Quarterly |
Coverage (payout of operating cash flow): 358.98%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — GPMT
Granite Point Mortgage Trust Inc. Announces Second Quarter 2026 Common and Preferred Stock Dividends and Business Update
All You Need to Know About Granite Point Mortgage Trust (GPMT) Rating Upgrade to Buy
Granite Point Mortgage Trust (GPMT) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
Granite Point Mortgage Trust Q1 Earnings Call Highlights
Granite Point Mortgage Trust Inc. (GPMT) Q1 2026 Earnings Call Transcript
Granite Point Mortgage Trust (GPMT) Reports Q1 Loss, Beats Revenue Estimates
Granite Point Mortgage Trust Inc. Reports First Quarter 2026 Financial Results and Post Quarter-End Update
Granite Point Mortgage Trust Inc. Announces Above Par Sale of a Hotel Loan and Resolution of a Risk-Rated “5” Loan and Dates for First Quarter 2026 Earnings Release and Conference Call
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.