Granite Point Mortgage Trust (GPMT)
(Delayed Data from NYSE)
$3.14 USD
-0.02 (-0.63%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $3.14 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth C Momentum F VGM
Granite Point Mortgage Trust (GPMT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$3.25 | $3.50 | $2.75 | 3.50% |
Price Target
Based on short-term price targets offered by three analysts, the average price target for Granite Point Mortgage Trust comes to $3.25. The forecasts range from a low of $2.75 to a high of $3.50. The average price target represents an increase of 3.5% from the last closing price of $3.14.
Analyst Price Targets (3 )
Broker Rating
Granite Point Mortgage Trust currently has an average brokerage recommendation (ABR) of 2.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 2.50 a month ago based on four recommendations.
Of the four recommendations deriving the current ABR, one is Strong Buy and one is Buy. Strong Buy and Buy each account for 25% of all recommendations. A month ago, Strong Buy made up 25%, while Buy represented 25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.50 | 2.50 | 2.50 | 2.50 | 2.50 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/20/2024 | UBS | Douglas Harter | Strong Buy | Strong Buy |
8/7/2024 | JMP Securities | Steven C Delaney | Hold | Hold |
7/10/2024 | Keefe Bruyette & Woods | Jade J Rahmani | Moderate Sell | Moderate Sell |
5/28/2024 | Raymond James | Stephen Laws | Moderate Buy | Moderate Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.50 |
ABR (Last week) | 2.50 |
# of Recs in ABR | 4 |
Average Target Price | $3.25 |
LT Growth Rate | NA |
Industry | REIT and Equity Trust |
Industry Rank by ABR | 142 of 253 |
Current Quarter EPS Est: | -0.96 |
GPMT FAQs
Granite Point Mortgage Trust Inc. (GPMT) currently has an average brokerage recommendation (ABR) of 2.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 4 brokerage firms.
The average price target for Granite Point Mortgage Trust Inc. (GPMT) is $3.25. The current on short-term price targets is based on 1 reports.
The forecasts for Granite Point Mortgage Trust Inc. (GPMT) range from a low of $2.75 to a high of $3.5. The average price target represents a increase of $3.50 from the last closing price of $3.14.
The current UPSIDE for Granite Point Mortgage Trust Inc. (GPMT) is 3.50%
Based on short-term price targets offered by three analysts, the average price target for Granite Point Mortgage Trust comes to $3.25. The forecasts range from a low of $2.75 to a high of $3.50. The average price target represents an increase of 3.5% from the last closing price of $3.14.