Granite Point Mortgage Stock Buy Hold or Sell Recommendation
| GPMT Stock | USD 3.55 0.03 0.84% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Granite Point Mortgage is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Granite Point Mortgage given historical horizon and risk tolerance towards Granite Point. When Macroaxis issues a 'buy' or 'sell' recommendation for Granite Point Mortgage, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Granite Point Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Granite and provide practical buy, sell, or hold advice based on investors' constraints. Granite Point Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Granite |
Execute Granite Point Buy or Sell Advice
The Granite recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Granite Point Mortgage. Macroaxis does not own or have any residual interests in Granite Point Mortgage or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Granite Point's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Granite Point Trading Alerts and Improvement Suggestions
| Granite Point appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 266.49 M. Net Loss for the year was (63.2 M) with profit before overhead, payroll, taxes, and interest of 10.7 M. | |
| On 15th of October 2024 Granite Point paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 67567 shares by Stephen Kasnet of Granite Point subject to Rule 16b-3 |
Granite Point Returns Distribution Density
The distribution of Granite Point's historical returns is an attempt to chart the uncertainty of Granite Point's future price movements. The chart of the probability distribution of Granite Point daily returns describes the distribution of returns around its average expected value. We use Granite Point Mortgage price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Granite Point returns is essential to provide solid investment advice for Granite Point.
| Mean Return | 0.57 | Value At Risk | -3.73 | Potential Upside | 6.55 | Standard Deviation | 3.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Granite Point historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Granite Stock Institutional Investors
The Granite Point's institutional investors refer to entities that pool money to purchase Granite Point's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | D. E. Shaw & Co Lp | 2024-09-30 | 568.9 K | Northern Trust Corp | 2024-09-30 | 462.5 K | Camelot Funds, Llc | 2024-06-30 | 415.5 K | Amvescap Plc. | 2024-06-30 | 346.1 K | Two Sigma Advisers, Llc | 2024-06-30 | 308 K | Penserra Capital Management, Llc | 259.1 K | Ameriprise Financial Inc | 2024-06-30 | 230.7 K | Cresset Asset Management, Llc | 2024-09-30 | 211.3 K | Palogic Value Management Lp | 2024-09-30 | 205.4 K | Blackrock Inc | 2024-06-30 | 5.3 M | Vanguard Group Inc | 2024-09-30 | 2.9 M |
Granite Point Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 36.3M | 169.4M | (124.9M) | (64.1M) | 59.1M | 76.1M | |
| Net Borrowings | (182.7M) | 52.3M | 713.9M | (874.1M) | (786.7M) | (747.4M) | |
| Free Cash Flow | 64.2M | 20.3M | 60.3M | 58.9M | 52.1M | 54.7M | |
| Depreciation | 266K | 6.4M | 16.6M | 12.4M | 3.5M | 4.8M | |
| Other Non Cash Items | 7.6M | 61.1M | (19.7M) | 78.2M | 104.8M | 110.0M | |
| Dividends Paid | 86.4M | 34.2M | 66.8M | 65.9M | (57.3M) | (54.5M) | |
| Net Income | 70.2M | (40.4M) | 68.4M | (40.8M) | (63.2M) | (60.0M) | |
| End Period Cash Flow | 159.8M | 329.2M | 204.3M | 140.2M | 199.2M | 168.6M | |
| Change To Netincome | 4.8M | 22.2M | 7.6M | 8.7M | 10.0M | 10.5M | |
| Investments | (1.0B) | 341.6M | 143.9M | 409.3M | 625.3M | 656.6M | |
| Change Receivables | (1.1M) | (1.1M) | 1.7M | (2.7M) | (3.1M) | (3.3M) |
Granite Point Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Granite Point or Mortgage Real Estate Investment Trusts (REITs) sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Granite Point's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Granite stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 3.05 | |
Ir | Information ratio | 0.15 |
Granite Point Volatility Alert
Granite Point Mortgage currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Granite Point's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Granite Point's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Granite Point Fundamentals Vs Peers
Comparing Granite Point's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Granite Point's direct or indirect competition across all of the common fundamentals between Granite Point and the related equities. This way, we can detect undervalued stocks with similar characteristics as Granite Point or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Granite Point's fundamental indicators could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Granite Point to competition |
| Fundamentals | Granite Point | Peer Average |
| Return On Equity | -0.23 | -0.31 |
| Return On Asset | -0.0669 | -0.14 |
| Operating Margin | 1.53 % | (5.51) % |
| Current Valuation | 1.67 B | 16.62 B |
| Shares Outstanding | 49.96 M | 571.82 M |
| Shares Owned By Insiders | 2.52 % | 10.09 % |
| Shares Owned By Institutions | 50.76 % | 39.21 % |
| Number Of Shares Shorted | 1.22 M | 4.71 M |
| Price To Earning | 37.88 X | 28.72 X |
| Price To Book | 0.27 X | 9.51 X |
| Price To Sales | 8.76 X | 11.42 X |
| Revenue | 266.49 M | 9.43 B |
| Gross Profit | 10.7 M | 27.38 B |
| EBITDA | 121.89 M | 3.9 B |
| Net Income | (63.2 M) | 570.98 M |
| Cash And Equivalents | 150.19 M | 2.7 B |
| Cash Per Share | 2.87 X | 5.01 X |
| Total Debt | 1.95 B | 5.32 B |
| Debt To Equity | 2.88 % | 48.70 % |
| Current Ratio | 66.98 X | 2.16 X |
| Book Value Per Share | 13.37 X | 1.93 K |
| Cash Flow From Operations | 52.1 M | 971.22 M |
| Short Ratio | 3.07 X | 4.00 X |
| Earnings Per Share | (3.86) X | 3.12 X |
| Target Price | 3.67 | |
| Number Of Employees | 36 | 18.84 K |
| Beta | 1.82 | -0.15 |
| Market Capitalization | 178.85 M | 19.03 B |
| Total Asset | 2.85 B | 29.47 B |
| Retained Earnings | (339.74 M) | 9.33 B |
| Working Capital | (1.07 B) | 1.48 B |
| Current Asset | 111.04 M | 9.34 B |
| Current Liabilities | 1.18 B | 7.9 B |
Note: Acquisition by W Sanders of 23388 shares of Granite Point subject to Rule 16b-3 [view details]
Granite Point Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Granite . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Granite Point Buy or Sell Advice
When is the right time to buy or sell Granite Point Mortgage? Buying financial instruments such as Granite Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Granite Stock Analysis
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.