Granite Point Mortgage Trust stock fell 4.33 percent on October 16
Published on 10/17/2026 at 22:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTrading range and upcoming date
- Granite Point Mortgage Trust declined 4.33 percent on October 16, 2026.
- Its portfolio had USD 1.5 billion in total commitments and USD 1.4 billion in UPB as of June 30, 2026.
- Granite Point Mortgage Trust stock was USD 5.08 on October 16, 2026 at 4:00 p.m. ET on the NYSE, down 4.33 percent from USD 5.31.
- The next estimated earnings date is November 4, 2026.
Granite Point Mortgage Trust stock fell 4.33 percent on October 16, 2026, in the latest completed NYSE session. The stock was USD 5.08 at 4:00 p.m. ET, down from USD 5.31 at the prior close.
Portfolio commitments reach USD 1.5 billion
Granite Point's commercial real estate finance portfolio had USD 1.5 billion in total loan commitments and USD 1.4 billion in unpaid principal balance as of June 30, 2026, according to Granite Point Mortgage Trust. The company said 99.00 percent of the portfolio consisted of senior first mortgages and more than 97.00 percent of loans carried floating rates. Its reported realized portfolio yield was 6.00 percent for the same period.
Stock sits 82.18 percent below its high
The USD 5.08 price was 82.18 percent below the USD 28.50 52-week high and only 0.59 percent above the USD 5.05 low on October 16, 2026. Trading volume reached 30,793 shares, compared with an average volume of 29,144 shares.
Market value and November results
Granite Point Mortgage Trust had a USD 24.5 million market capitalization on October 16, 2026. MarketBeat lists November 4, 2026 as the estimated date for the third-quarter results and November 5, 2026 for the conference call. The same report gives a consensus revenue estimate of USD 5.90 million and adjusted earnings per share of minus USD 3.9399 for the quarter.
Comparison with peers
GPMT: minus 4.33 percent, USD 24.5 million market capitalization.
Vornado Realty Trust (NYSE, USD): minus 0.90 percent, USD 6.1 billion market capitalization.
STAG Industrial (NYSE, USD): plus 0.39 percent, USD 6.9 billion market capitalization.
What the price position says
Granite Point Mortgage Trust remains close to its 52-week low after the October 16 decline, while its loan portfolio retains a predominantly senior and floating-rate structure. The next scheduled report on November 4, 2026 provides the next dated operating checkpoint.
Granite Point Mortgage Trust last stood at USD 5.08 on October 16, 2026 at 4:00 p.m. ET on the NYSE, down 4.33 percent from USD 5.31.
Granite Point Mortgage Trust market details
- Company: Granite Point Mortgage Trust Inc.
- ISIN: US38741L1070
- Ticker: GPMT
- Primary exchange: NYSE
- Last NYSE price (as of October 16, 2026, 4:00 p.m. ET): USD 5.08
- Change versus the prior close: minus 4.33 percent
- 52-week range: USD 5.05-28.50
- Market capitalization: USD 24.5 million (as of October 16, 2026)
- Sector / Industry: Finance / Mortgage Real Estate Investment Trusts
Market context: Market report S&P 500.
More news and analyses on Granite Point Mortgage Trust stock
