Equity Overview
Price & Market Data
Price: $1.64
Daily Change: -$0.12 / 7.32%
Range: $1.63 - $1.76
Market Cap: $79,385,672
Volume: 777,799
Performance Metrics
1 Week: -5.20%
1 Month: -40.36%
3 Months: -43.45%
6 Months: -44.22%
1 Year: -63.31%
YTD: -41.22%
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.