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Granite Point Mortgage Analyst Ratings

Benzinga ·  Aug 17, 2023 08:09
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/17/2023 76.82% JMP Securities → $9 Reiterates Market Outperform → Market Outperform
05/12/2023 37.52% Raymond James $9 → $7 Maintains Outperform
12/15/2022 17.88% Keefe, Bruyette & Woods → $6 Downgrades Market Perform → Underperform
12/13/2022 96.46% JMP Securities $12 → $10 Maintains Market Outperform
11/11/2022 76.82% Raymond James $10 → $9 Maintains Outperform
10/18/2022 96.46% Raymond James $13.5 → $10 Maintains Outperform
09/15/2022 135.76% JMP Securities $13 → $12 Maintains Market Outperform
07/18/2022 165.23% Raymond James $15 → $13.5 Maintains Outperform
06/17/2022 155.4% JMP Securities $15 → $13 Maintains Market Outperform
05/13/2022 194.7% Raymond James $16 → $15 Maintains Outperform
03/01/2022 175.05% Credit Suisse $15 → $14 Maintains Outperform
05/18/2021 214.34% Raymond James $13.5 → $16 Maintains Outperform
05/14/2021 194.7% Credit Suisse $12 → $15 Upgrades Neutral → Outperform
03/17/2021 135.76% Credit Suisse $10.5 → $12 Maintains Neutral
03/09/2021 165.23% Raymond James $11 → $13.5 Maintains Outperform
11/12/2020 116.11% Raymond James $9.5 → $11 Maintains Outperform
08/12/2020 86.64% Raymond James $9 → $9.5 Maintains Outperform
04/13/2020 76.82% Raymond James $19.5 → $9 Maintains Outperform
03/26/2020 -50.88% Citigroup $16 → $2.5 Maintains Neutral
03/26/2020 96.46% JMP Securities → $10 Upgrades Market Perform → Market Outperform
03/04/2020 283.1% Raymond James $20.5 → $19.5 Maintains Outperform
01/08/2020 253.63% Credit Suisse → $18 Initiates Coverage On → Neutral
01/02/2020 JMP Securities Downgrades Market Outperform → Market Perform
08/14/2019 302.75% Raymond James $21 → $20.5 Downgrades Strong Buy → Outperform
01/16/2019 283.1% JP Morgan → $19.5 Downgrades Overweight → Neutral
10/24/2018 283.1% JP Morgan $19 → $19.5 Maintains Overweight
10/09/2018 BTIG Initiates Coverage On → Neutral

What is the target price for Granite Point Mortgage (GPMT)?

The latest price target for Granite Point Mortgage (NYSE: GPMT) was reported by JMP Securities on August 17, 2023. The analyst firm set a price target for $9.00 expecting GPMT to rise to within 12 months (a possible 76.82% upside). 7 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Granite Point Mortgage (GPMT)?

The latest analyst rating for Granite Point Mortgage (NYSE: GPMT) was provided by JMP Securities, and Granite Point Mortgage reiterated their market outperform rating.

When is the next analyst rating going to be posted or updated for Granite Point Mortgage (GPMT)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Granite Point Mortgage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Granite Point Mortgage was filed on August 17, 2023 so you should expect the next rating to be made available sometime around August 17, 2024.

Is the Analyst Rating Granite Point Mortgage (GPMT) correct?

While ratings are subjective and will change, the latest Granite Point Mortgage (GPMT) rating was a reiterated with a price target of $0.00 to $9.00. The current price Granite Point Mortgage (GPMT) is trading at is $5.09, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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