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Granite Point Mortgage Trust (GPMT) Competitors

$3.15
+0.09 (+2.94%)
(As of 05/31/2024 ET)

GPMT vs. GMRE, DHC, NYMT, FPI, UHT, OLP, LAND, PKST, ORC, and IVR

Should you be buying Granite Point Mortgage Trust stock or one of its competitors? The main competitors of Granite Point Mortgage Trust include Global Medical REIT (GMRE), Diversified Healthcare Trust (DHC), New York Mortgage Trust (NYMT), Farmland Partners (FPI), Universal Health Realty Income Trust (UHT), One Liberty Properties (OLP), Gladstone Land (LAND), Peakstone Realty Trust (PKST), Orchid Island Capital (ORC), and Invesco Mortgage Capital (IVR). These companies are all part of the "real estate investment trusts" industry.

Granite Point Mortgage Trust vs.

Global Medical REIT (NYSE:GMRE) and Granite Point Mortgage Trust (NYSE:GPMT) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, media sentiment, valuation, risk, community ranking, analyst recommendations and dividends.

57.5% of Global Medical REIT shares are owned by institutional investors. Comparatively, 51.6% of Granite Point Mortgage Trust shares are owned by institutional investors. 8.2% of Global Medical REIT shares are owned by company insiders. Comparatively, 2.3% of Granite Point Mortgage Trust shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Granite Point Mortgage Trust had 1 more articles in the media than Global Medical REIT. MarketBeat recorded 1 mentions for Granite Point Mortgage Trust and 0 mentions for Global Medical REIT. Granite Point Mortgage Trust's average media sentiment score of 0.00 equaled Global Medical REIT'saverage media sentiment score.

Company Overall Sentiment
Global Medical REIT Neutral
Granite Point Mortgage Trust Neutral

Global Medical REIT has a net margin of 13.77% compared to Global Medical REIT's net margin of -40.36%. Granite Point Mortgage Trust's return on equity of 3.54% beat Global Medical REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Global Medical REIT13.77% 3.54% 1.50%
Granite Point Mortgage Trust -40.36%2.75%0.79%

Global Medical REIT pays an annual dividend of $0.84 per share and has a dividend yield of 9.1%. Granite Point Mortgage Trust pays an annual dividend of $0.60 per share and has a dividend yield of 19.0%. Global Medical REIT pays out 365.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Point Mortgage Trust pays out -26.0% of its earnings in the form of a dividend. Global Medical REIT has raised its dividend for 2 consecutive years. Granite Point Mortgage Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Global Medical REIT presently has a consensus target price of $11.25, suggesting a potential upside of 21.23%. Granite Point Mortgage Trust has a consensus target price of $6.56, suggesting a potential upside of 108.33%. Given Global Medical REIT's higher possible upside, analysts clearly believe Granite Point Mortgage Trust is more favorable than Global Medical REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Global Medical REIT
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Granite Point Mortgage Trust
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Global Medical REIT has a beta of 1.13, suggesting that its share price is 13% more volatile than the S&P 500. Comparatively, Granite Point Mortgage Trust has a beta of 1.8, suggesting that its share price is 80% more volatile than the S&P 500.

Global Medical REIT received 76 more outperform votes than Granite Point Mortgage Trust when rated by MarketBeat users. Likewise, 63.57% of users gave Global Medical REIT an outperform vote while only 58.07% of users gave Granite Point Mortgage Trust an outperform vote.

CompanyUnderperformOutperform
Global Medical REITOutperform Votes
281
63.57%
Underperform Votes
161
36.43%
Granite Point Mortgage TrustOutperform Votes
205
58.07%
Underperform Votes
148
41.93%

Global Medical REIT has higher earnings, but lower revenue than Granite Point Mortgage Trust. Granite Point Mortgage Trust is trading at a lower price-to-earnings ratio than Global Medical REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Global Medical REIT$141.05M4.32$20.61M$0.2340.35
Granite Point Mortgage Trust$263.73M0.61-$63.20M-$2.31-1.36

Summary

Global Medical REIT beats Granite Point Mortgage Trust on 13 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GPMT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GPMT vs. The Competition

MetricGranite Point Mortgage TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$156.17M$6.53B$9.50B$17.57B
Dividend Yield19.61%7.00%6.16%3.54%
P/E Ratio-1.3628.0843.8421.44
Price / Sales0.616.24183.4910.19
Price / Cash3.2816.1916.6818.95
Price / Book0.219.223.285.90
Net Income-$63.20M$151.15M$1.01B$976.46M
7 Day Performance2.61%1.11%0.33%0.57%
1 Month Performance-27.00%2.33%2.91%4.71%
1 Year Performance-34.51%2.67%17.12%23.99%

Granite Point Mortgage Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GMRE
Global Medical REIT
3.5036 of 5 stars
$8.90
+2.8%
$11.25
+26.4%
+6.4%$583.73M$141.05M38.7026
DHC
Diversified Healthcare Trust
3.5891 of 5 stars
$2.30
flat
$4.50
+96.1%
+78.7%$551.70M$1.41B-1.68N/AShort Interest ↑
News Coverage
Positive News
NYMT
New York Mortgage Trust
2.5958 of 5 stars
$5.90
+2.3%
$8.00
+35.6%
-39.1%$538.25M$258.66M-3.1979Short Interest ↑
News Coverage
Positive News
FPI
Farmland Partners
3.2944 of 5 stars
$10.93
-0.2%
$15.00
+37.2%
-4.4%$526.47M$57.47M21.4325Short Interest ↑
UHT
Universal Health Realty Income Trust
2.2541 of 5 stars
$37.34
+1.4%
N/A-14.0%$516.23M$95.57M31.91N/ANews Coverage
OLP
One Liberty Properties
2.3202 of 5 stars
$23.11
-0.3%
$25.00
+8.2%
+17.2%$486.84M$90.65M16.9910Positive News
LAND
Gladstone Land
2.7578 of 5 stars
$13.32
-0.1%
$16.00
+20.1%
-14.6%$477.36M$90.40M222.04N/A
PKST
Peakstone Realty Trust
1.2516 of 5 stars
$12.68
-1.2%
$21.00
+65.6%
-48.4%$460.36M$254.28M-0.8235News Coverage
ORC
Orchid Island Capital
2.2617 of 5 stars
$8.57
+1.9%
N/A-14.8%$453.99M$177.57M-16.172,018Short Interest ↓
IVR
Invesco Mortgage Capital
0.3669 of 5 stars
$9.15
+3.2%
$9.25
+1.1%
-12.2%$446.76M$277.93M-13.07N/APositive News

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This page (NYSE:GPMT) was last updated on 6/1/2024 by MarketBeat.com Staff

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