Based on the key indicators related to Granite Point's liquidity, profitability, solvency, and operating efficiency, Granite Point Mortgage may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At this time, Granite Point's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Liabilities is likely to gain to about 2.1 B in 2024, whereas Other Liabilities is likely to drop slightly above 15.5 M in 2024. Key indicators impacting Granite Point's financial strength include:
The financial analysis of Granite Point is a critical element in measuring its lifeblood. Investors should not minimize Granite Point's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
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(60.04 Million)
Granite
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Understanding current and past Granite Point Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Granite Point's financial statements are interrelated, with each one affecting the others. For example, an increase in Granite Point's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Granite Point's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Granite Point Mortgage. Check Granite Point's Beneish M Score to see the likelihood of Granite Point's management manipulating its earnings.
Granite Point Stock Summary
Granite Point competes with MFA Financial, Angel Oak, Two Harbors, PennyMac Mortgage, and Chimera Investment. 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. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York. Granite Point operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 33 people.
The reason investors look at the income statement is to determine what Granite Point's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Granite Point's current stock value. Our valuation model uses many indicators to compare Granite Point value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Granite Point competition to find correlations between indicators driving Granite Point's intrinsic value. More Info.
Granite Point Mortgage is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Granite Point's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Granite Point by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Granite Point Mortgage Systematic Risk
Granite Point's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Granite Point volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Granite Point Mortgage correlated with the market. If Beta is less than 0 Granite Point generally moves in the opposite direction as compared to the market. If Granite Point Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Granite Point Mortgage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Granite Point is generally in the same direction as the market. If Beta > 1 Granite Point moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Granite Point Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Granite Point's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Granite Point growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Granite Point help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Granite Point Mortgage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Granite Point Mortgage based on widely used predictive technical indicators. In general, we focus on analyzing Granite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Granite Point's daily price indicators and compare them against related drivers.
When running Granite Point's price analysis, check to measure Granite Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.