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GPMT - Granite Point Mortgage Trust Inc.

NYSE -> Real Estate -> REIT—Mortgage
New York, United States
Type: Equity

GPMT price evolution
GPMT
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $199.22 $283.55 $276.85 $226.78
Short term investments
Net receivables $12.38 $12.96 $13.2 $13.87
Inventory
Total current assets $200.75 $270.56 $249.04 $237.3
Long term investments
Property, plant & equipment $16.94 $17.53 $18.16
Goodwill & intangible assets
Total noncurrent assets
Total investments $2583.82 $2778.54 $2966.09 $3182.38
Total assets $2846.93 $3130.62 $3310.86 $3475.34
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $912.21 $962.92 $1109.44 $1226.52
Long term debt $1075.7 $1276.96 $1276.97 $1316.36
Total noncurrent liabilities
Total debt $1951.14 $2198.31 $2349.1 $2507.93
Total liabilities $1987.91 $2239.88 $2386.41 $2542.88
Shareholders' equity
Retained earnings -$339.74 -$312.13 -$276.86 -$267.54
Other shareholder equity
Total shareholder equity $858.9 $890.62 $924.32 $931.33
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $199.22 $140.16 $204.29 $329.19
Short term investments
Net receivables $12.38 $13.41 $10.72 $12.39
Inventory
Total current assets $200.75 $146.55 $202.65 $273.8
Long term investments
Property, plant & equipment $16.94
Goodwill & intangible assets
Total noncurrent assets
Total investments $2583.82 $3267.82 $3741.31 $3847.8
Total assets $2846.93 $3454.1 $3988.52 $4219.65
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $912.21 $1054.85 $713.13 $1756.9
Long term debt $1075.7 $1414.58 $2261.21 $1527.92
Total noncurrent liabilities
Total debt $1951.14 $2430.15 $2938.49 $3236.79
Total liabilities $1987.91 $2469.56 $2974.34 $3284.8
Shareholders' equity
Retained earnings -$339.74 -$219.38 -$112.77 -$125
Other shareholder equity -$228.17
Total shareholder equity $858.9 $983.54 $1013.06 $933.85
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue -$9.96 $16.48 -$23.26
Cost of revenue $3.56 $2.98 $1.38
Gross Profit -$13.52 $13.5 -$24.64
Operating activities
Research & development
Selling, general & administrative $7.4 $8.39 $9.18
Total operating expenses $7.4 $8.39 $9.18
Operating income -$20.92 $5.11 -$33.82
Income from continuing operations
EBIT -$20.92 $5.11 -$33.82
Income tax expense $0.01 $0.07 $0.01
Interest expense
Net income
Net income -$20.94 $5.04 -$33.83
Income (for common shares) -$24.54 $1.42 -$37.45
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue -$19.81 -$4.11 $103.82 $55.27
Cost of revenue $11.29 $5.72 $5.17 $19.84
Gross Profit -$31.1 -$9.83 $98.64 $35.43
Operating activities
Research & development
Selling, general & administrative $32 $30.98 $30.1 $29.02
Total operating expenses $32 $30.98 $30.1 $75.28
Operating income -$63.1 -$40.81 $68.55 -$39.85
Income from continuing operations
EBIT -$63.1 -$40.81 $68.55 -$39.85
Income tax expense $0.1 $0.02 $0.19 $0.59
Interest expense
Net income
Net income -$63.2 -$40.83 $68.35 -$40.44
Income (for common shares) -$77.65 -$55.33 $67.56 -$40.54
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income -$13.47 -$20.94 $5.04 -$33.83
Operating activities
Depreciation $3.49
Business acquisitions & disposals
Stock-based compensation $1.07 $1.57 $2.39 $1.96
Total cash flows from operations $9.68 $16.02 $15.93 $10.46
Investing activities
Capital expenditures
Investments $173.47 $156.65 $188.56 $42.74
Total cash flows from investing $173.47 $156.65 $211.8 $19.51
Financing activities
Dividends paid -$10.74 -$10.73 -$10.71 -$10.72
Sale and purchase of stock -$5.18 -$5.12
Net borrowings -$247.97 -$151.65 -$162.24 $76.99
Total cash flows from financing -$267.48 -$165.98 -$177.65 $56.64
Effect of exchange rate
Change in cash and equivalents -$84.33 $6.7 $50.07 $86.61
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$63.2 -$40.83 $68.35 -$40.44
Operating activities
Depreciation $3.49
Business acquisitions & disposals
Stock-based compensation $6.98 $7.03 $7.59 $5.28
Total cash flows from operations $52.1 $58.9 $60.3 $20.25
Investing activities
Capital expenditures
Investments $561.43 $409.32 $143.88 $341.62
Total cash flows from investing $561.43 $408.63 $139.77 $341.62
Financing activities
Dividends paid -$42.9 -$54.28 -$66.66 -$34.08
Sale and purchase of stock -$10.3 -$15.71 -$49.94 $4.54
Net borrowings -$484.86 -$535.86 -$317.72 -$162.81
Total cash flows from financing -$554.47 -$531.66 -$324.97 -$192.44
Effect of exchange rate
Change in cash and equivalents $59.05 -$64.13 -$124.9 $169.43
Fundamentals
Market cap $280.51M
Enterprise value $2.03B
Shares outstanding 58.81M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 0.33
Book/Share 14.61
Cash/Share 3.39
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 2.31
Net debt/EBITDA N/A
Current ratio 0.22
Quick ratio 0.22