With 1.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. The 52-week range on GPMT shows that it touched its highest point at $3.66 and its lowest point at $1.61 during that stretch. It currently has a 1-year price target of $2.75. With its current market cap of 114.24 million, GPMT has annualized dividend of $0.20 while the current yield stands at 8.47%. Beta for the stock currently stands at 1.79.
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 down-trending over the past week, with a drop of -7.45%, but this was down by -2.07% over a month. Three-month performance dropped to -17.77% while six-month performance fell -31.20%. The stock lost -23.38% in the past year, while it has lost -15.41% so far this year. A look at the trailing 12-month EPS for GPMT yields -3.08 with Next year EPS estimates of -0.47. For the next quarter, that number is -0.85. This implies an EPS growth rate of 15.51% for this year and 80.29% for next year.
Float and Shares Shorts:
At present, 48.39 million GPMT shares are outstanding with a float of 45.20 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GPMT since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.08339 being high and -$2.35409 being low. For GPMT, this leads to a yearly average estimate of -$2.19554.
