Granite Point Mortgage Trust Q3 Earnings Snapshot

GPMT Stock  USD 3.55  0.03  0.84%   
Slightly above 62% of Granite Point's investor base is looking to short. The analysis of the overall investor sentiment regarding Granite Point Mortgage suggests that many traders are alarmed. Granite Point's investing sentiment can be driven by a variety of factors including economic data, Granite Point's earnings reports, geopolitical events, and overall market trends.
  
NEW YORK Granite Point Mortgage Trust Inc. GPMT on Wednesday reported a loss of 31 million in its third quarter. On a per-share basis, the New York-based company said it had a loss of 69 cents.

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Granite Point Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Granite Point can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Granite Point Fundamental Analysis

We analyze Granite Point's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Point based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Annual Yield

Annual Yield Comparative Analysis

Granite Point is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Granite Point Mortgage Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Granite Point stock to make a market-neutral strategy. Peer analysis of Granite Point could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics with similar companies.

Peers

Granite Point Related Equities

AOMRAngel Oak   1.98   
0%
100.0%
IVRInvesco Mortgage   0.85   
0%
42.0%
TWOTwo Harbors   0.77   
0%
38.0%
ARRARMOUR Residential   0.75   
0%
37.0%
PMTPennyMac Mortgage   0.22   
0%
11.0%
ORCOrchid Island   0.13   
6.0%
0%
MFAMFA Financial   0.36   
18.0%
0%
EARNEllington Residential   0.59   
29.0%
0%
RCReady Capital   0.67   
33.0%
0%
CIMChimera Investment   1.00   
50.0%
0%
NYMTNew York   1.29   
65.0%
0%

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.