Equity Overview
Price & Market Data
Price: $1.79
Daily Change: +$0.025 / 1.40%
Range: $1.71 - $1.79
Market Cap: $85,683,280
Volume: 200,008
Performance Metrics
1 Week: 2.01%
1 Month: -34.74%
3 Months: -38.15%
6 Months: -41.23%
1 Year: -59.84%
YTD: -36.38%
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.