GPMT News and Press, Granite Point Mortgage Trust Inc. From 05/16/24

2024-05-16 10:00:00 ET Summary Over 200 U.S. REITs and homebuilders have reported first-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. A microcosm of the past two years in REIT w...

2024-05-12 09:00:00 ET Summary U.S. equity markets advanced for a third straight week as investors weighed solid corporate earnings results and moderately dovish Fed commentary against surprisingly downbeat economic data. The S&P 500 rallied 1.9% on the week to bring the bench...

2024-05-12 06:43:57 ET Summary Granite Point Mortgage Trust reduced its quarterly cash dividend by 25% to $0.15 per share. The mREIT saw its book value decline by 13.7% sequentially following an increase in provision for credit losses of $75.6 million. I still own a significan...

2024-05-09 07:34:08 ET Summary Quick takes on 7 mortgage REITs and 3 equity REITs. We have 5 preferred shares that hit the overpriced level. I'll name all 5. CCI shareholders should reject the campaign by Boots Capital. Fast article. Quick takes on each stock. I ...

2024-05-08 15:34:37 ET Granite Point Mortgage Trust Inc. (GPMT) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Chris Petta – Investor Relations Jack Taylor – President and Chief Executive Officer Steve Alpart – ...

2024-05-08 12:00:07 ET More on Real Estate: XLRE: Quality Beats Quantity Once Again XLRE: Could You Do Better? Real estate stocks outperform major market averages as rate hikes ruled out, earnings continue to grow 16 out of 20 S&P 500 real estate stocks p...

2024-05-07 17:06:06 ET More on Granite Point Mortgage Trust Granite Point Mortgage Trust: Write-Offs Are Accelerating Granite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend Yield Granite Point Mortgage Trust Inc. (GPMT) Q4 2023 Earnings ...

Granite Point Mortgage Trust Inc. (NYSE: GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ending March 31, 2024, and provided an update on its activities subsequent to quarter-end. A presentation containing first quarter 2024 financial resul...

Aterian Inc. (ATER) is expected to report for Q1 2024 Dorman Products Inc. (DORM) is expected to report $0.82 for Q1 2024 Hillman Solutions Corp. (HLMN) is expected to report $0.08 for Q1 2024 Wake Forest Bancshares, Inc. (WAKE) is expected to report for quarter end 2024-03-31 Inn...

2024-05-01 07:00:00 ET Summary Bernie Madoff's Ponzi scheme is a cautionary tale about "sucker yields" and unrealistic returns in investment opportunities. Financial analyst Harry Markopolos was able to identify Madoff's fraud through mathematical modeling and the suspicious consi...