Equity Overview
Price & Market Data
Price: $2.55
Daily Change: -$0.06 / 2.35%
Range: $2.52 - $2.62
Market Cap: $123,435,040
Volume: 451,796
Performance Metrics
1 Week: 0.79%
1 Month: 16.97%
3 Months: -8.60%
6 Months: -22.26%
1 Year: -18.27%
YTD: -8.60%
Company Details
Employees: 33
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.