XNYSGPMTpA
Market cap148mUSD
Dec 24, Last price
17.85USD
1D
-0.61%
1Q
1.08%
IPO
-29.08%
Name
Granite Point Mortgage Trust Inc
Chart & Performance
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. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 266,491 240.52% | 78,259 -10.60% | 87,535 -16.57% | ||||||
Cost of revenue | 33,001 | 51,204 | 51,562 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 233,490 | 27,055 | 35,973 | ||||||
NOPBT Margin | 87.62% | 34.57% | 41.10% | ||||||
Operating Taxes | 95 | 17 | 192 | ||||||
Tax Rate | 0.04% | 0.06% | 0.53% | ||||||
NOPAT | 233,395 | 27,038 | 35,781 | ||||||
Net income | (63,198) 54.80% | (40,825) -159.73% | 68,353 -269.03% | ||||||
Dividends | (57,346) | (65,871) | (66,758) | ||||||
Dividend yield | 18.69% | 7.25% | 10.38% | ||||||
Proceeds from repurchase of equity | (11,264) | 71,807 | 569,672 | ||||||
BB yield | 3.67% | -7.90% | -88.57% | ||||||
| Debt | |||||||||
Debt current | 84,000 | 100,000 | 1,530,671 | ||||||
Long-term debt | 991,780 | 1,315,662 | 2,262,254 | ||||||
Deferred revenue | 2,469,431 | 2,974,335 | |||||||
Other long-term liabilities | 728,952 | (1,183,662) | (2,261,208) | ||||||
Net debt | 887,410 | (2,067,620) | 3,600,994 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 52,096 | 58,898 | 60,301 | ||||||
CAPEX | |||||||||
Cash from investing activities | 561,429 | 408,631 | 139,770 | ||||||
Cash from financing activities | (554,474) | (531,657) | (324,971) | ||||||
FCF | 233,395 | 902,274 | (474,136) | ||||||
| Balance | |||||||||
Cash | 188,370 | 3,483,282 | 191,931 | ||||||
Long term investments | |||||||||
Excess cash | 175,045 | 3,479,369 | 187,554 | ||||||
Stockholders' equity | (339,025) | (218,645) | (112,058) | ||||||
Invested Capital | 3,171,821 | 6,242,177 | 5,893,232 | ||||||
ROIC | 4.96% | 0.45% | 0.58% | ||||||
ROCE | 8.24% | 0.76% | 0.71% | ||||||
| EV | |||||||||
Common stock shares outstanding | 51,642 | 53,012 | 54,929 | ||||||
Price | 5.94 -65.36% | 17.15 46.46% | 11.71 17.22% | ||||||
Market cap | 306,751 -66.26% | 909,152 41.34% | 643,219 16.73% | ||||||
EV | 1,194,368 | (1,158,261) | 4,244,384 | ||||||
EBITDA | 236,982 | 39,467 | 52,532 | ||||||
EV/EBITDA | 5.04 | 80.80 | |||||||
Interest | 181,735 | 126,129 | 105,580 | ||||||
Interest/NOPBT | 77.83% | 466.19% | 293.50% | ||||||