With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $3.215 whereas the lowest price it dropped to was $3.11. The 52-week range on GPMT shows that it touched its highest point at $6.41 and its lowest point at $2.46 during that stretch. It currently has a 1-year price target of $3.25. With its current market cap of 157.61 million, GPMT has annualized dividend of $0.60 while the current yield stands at 19.29%. Beta for the stock currently stands at 1.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GPMT was up-trending over the past week, with a rise of 4.36%, but this was up by 23.41% over a month. Three-month performance surged to 9.12% while six-month performance fell -34.94%. The stock lost -38.90% in the past year, while it has lost -47.64% so far this year. A look at the trailing 12-month EPS for GPMT yields -3.68 with Next year EPS estimates of -0.97. For the next quarter, that number is -0.53. This implies an EPS growth rate of -359.28% for this year and 35.82% for next year.
Float and Shares Shorts:
At present, 50.58 million GPMT shares are outstanding with a float of 49.27 million shares on hand for trading. On 2024-08-30, short shares totaled 0.91 million, which was 179.99999999999997 higher than short shares on 1722384000. In addition to Mr. John A. Taylor J.D. as the firm’s President, CEO & Director, Mr. Marcin Urbaszek C.F.A. serves as its VP, CFO, Head of IR & Treasurer.
Institutional Ownership:
Through their ownership of 0.53911996 of GPMT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GPMT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
