Granite Point Mortgage Trust (NYSE: GPMT) is one of 32 publicly-traded companies in the “Mortgage REITs” industry, but how does it weigh in compared to its competitors? We will compare Granite Point Mortgage Trust to similar businesses based on the strength of its risk, valuation, dividends, profitability, analyst recommendations, institutional ownership and earnings.

Dividends

Granite Point Mortgage Trust pays an annual dividend of $0.32 per share and has a dividend yield of 1.8%. Granite Point Mortgage Trust pays out 35.2% of its earnings in the form of a dividend. As a group, “Mortgage REITs” companies pay a dividend yield of 9.6% and pay out 90.2% of their earnings in the form of a dividend.

Insider and Institutional Ownership

13.5% of Granite Point Mortgage Trust shares are owned by institutional investors. Comparatively, 57.0% of shares of all “Mortgage REITs” companies are owned by institutional investors. 3.6% of shares of all “Mortgage REITs” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Granite Point Mortgage Trust and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Granite Point Mortgage Trust N/A N/A N/A
Granite Point Mortgage Trust Competitors 55.36% 9.96% 1.92%

Analyst Recommendations

This is a breakdown of recent recommendations for Granite Point Mortgage Trust and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Point Mortgage Trust 0 1 4 0 2.80
Granite Point Mortgage Trust Competitors 120 869 899 35 2.44

Granite Point Mortgage Trust currently has a consensus price target of $19.50, suggesting a potential upside of 7.56%. As a group, “Mortgage REITs” companies have a potential upside of 5.18%. Given Granite Point Mortgage Trust’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Granite Point Mortgage Trust is more favorable than its competitors.

Earnings and Valuation

This table compares Granite Point Mortgage Trust and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Granite Point Mortgage Trust N/A N/A 19.92
Granite Point Mortgage Trust Competitors $371.19 million $190.39 million 2.09

Granite Point Mortgage Trust’s competitors have higher revenue and earnings than Granite Point Mortgage Trust. Granite Point Mortgage Trust is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Granite Point Mortgage Trust competitors beat Granite Point Mortgage Trust on 8 of the 13 factors compared.

About Granite Point Mortgage Trust

Granite Point Mortgage Trust Inc. is focused primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt, such as commercial real estate investments. The Company formed to continue and expand the commercial real estate lending business. The Company is a long-term, fundamental value-oriented investor. The Company constructs its own investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity and diversification available in the market. The Company provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing and a range of business plans including lease-up, renovation, repositioning and repurposing of the property. It generally targets the top 25-50, metropolitan statistical areas (MSA) in the United States.

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