Granite Point Mortgage Trust (Granite Point Mortgage Trust) Market Cap : $157.70 Mil (As of Jun. 08, 2024)

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What is Granite Point Mortgage Trust Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Granite Point Mortgage Trust's share price for the quarter that ended in Mar. 2024 was $4.77. Granite Point Mortgage Trust's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 51.03 Mil. Therefore, Granite Point Mortgage Trust's market cap for the quarter that ended in Mar. 2024 was $243.44 Mil.

Granite Point Mortgage Trust's quarterly market cap increased from Sep. 2023 ($251.70 Mil) to Dec. 2023 ($300.43 Mil) but then declined from Dec. 2023 ($300.43 Mil) to Mar. 2024 ($243.44 Mil).

Granite Point Mortgage Trust's annual market cap declined from Dec. 2021 ($629.88 Mil) to Dec. 2022 ($280.60 Mil) but then increased from Dec. 2022 ($280.60 Mil) to Dec. 2023 ($300.43 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Granite Point Mortgage Trust's Enterprise Value for Today is $1,077.31 Mil.

Granite Point Mortgage Trust Market Cap Historical Data

The historical data trend for Granite Point Mortgage Trust's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Granite Point Mortgage Trust Market Cap Chart

Granite Point Mortgage Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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1,008.20

551.50

629.88

280.60

300.43

Granite Point Mortgage Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Market Cap	Get a 7-Day Free Trial															255.57	273.32	251.70	300.43	243.44

Competitive Comparison of Granite Point Mortgage Trust's Market Cap

For the REIT - Mortgage subindustry, Granite Point Mortgage Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Granite Point Mortgage Trust's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Granite Point Mortgage Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Granite Point Mortgage Trust's Market Cap falls into.

Granite Point Mortgage Trust Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Granite Point Mortgage Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$5.94	*	50.5778
	=	$300.43

Granite Point Mortgage Trust's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )	=	Share Price (Q: Mar. 2024 )	*	Shares Outstanding (EOP) (Q: Mar. 2024 )
	=	$4.77	*	51.0348
	=	$243.44

Granite Point Mortgage Trust (NYSE:GPMT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Granite Point Mortgage Trust Market Cap Related Terms

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Granite Point Mortgage Trust (Granite Point Mortgage Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Point Mortgage Trust Inc (NYSE:GPMT) » Definitions » Market Cap

Comparable Companies

AOMR NREF REFI SEVN SACH IVR AAIC ORC AJX MITT NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

GPMTpA.PFD:USA G18:Germany

Address

3 Bryant Park, Suite 2400A, New York, NY, USA, 10036

Website

https://www.gpmtreit.com

Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically 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.

Executives

John A Taylor	director, officer: President and CEO	3 BRYANT PARK, #2400A, NEW YORK NY 10036
Marcin Urbaszek	officer: Chief Financial Officer	3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Sheila K. Mcgrath	director	3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036
William Reid Sanders	director	C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen Alpart	officer: Chief Investment Officer	3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Steven Plust	officer: Chief Operating Officer	3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Michael J. Karber	officer: General Counsel and Secretary	3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Peter M. Morral	officer: Chief Development Officer	3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036
Devin Chen	director	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Rebecca B Sandberg	officer: General Counsel and Secretary	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Brian Taylor	director	C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
William Roth	director	TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Investment Corp.	10 percent owner	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Capitol Acquisition Corp	10 percent owner	601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Operating Co Llc	10 percent owner	601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305