Analyst Price Target is $2.50
▲ +42.45% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Granite Point Mortgage Trust in the last 3 months. The average price target is $2.50, with a high forecast of $2.50 and a low forecast of $2.50. The average price target represents a 42.45% upside from the last price of $1.76.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in Granite Point Mortgage Trust. This rating has held steady since January 2025, when it changed from a Moderate Buy consensus rating.
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. The company was founded in 2015 and is headquartered in New York, New York.
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