Analysts who follow Granite Point Mortgage Trust Inc (GPMT) on average expect it to rise 68.19% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns GPMT an Analyst Ranking of 26, which means it ranks higher than 26 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating GPMT a Buy today. Find out what this means to you and get the rest of the rankings on GPMT!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Granite Point Mortgage Trust Inc Stock Today?
Granite Point Mortgage Trust Inc (GPMT) stock is lower by -1.58% while the S&P 500 is higher by 0.3% as of 11:06 AM on Wednesday, Oct 4. GPMT has fallen -$0.07 from the previous closing price of $4.43 on volume of 145,936 shares. Over the past year the S&P 500 is higher by 11.90% while GPMT has fallen -38.07%. GPMT lost -$1.43 per share the over the last 12 months.
Click Here to get the full Stock Report for Granite Point Mortgage Trust Inc stock.
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