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Granite Point Mortgage Trust (Granite Point Mortgage Trust) FCF Yield % : 27.63 (As of Jun. 05, 2024)


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What is Granite Point Mortgage Trust FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Granite Point Mortgage Trust's Trailing 12-Month Free Cash Flow is $43.28 Mil, and Market Cap is $156.68 Mil. Therefore, Granite Point Mortgage Trust's FCF Yield % for today is 27.63%.

The historical rank and industry rank for Granite Point Mortgage Trust's FCF Yield % or its related term are showing as below:

GPMT' s FCF Yield % Range Over the Past 10 Years
Min: 0.96   Med: 6.8   Max: 29.27
Current: 27.63


During the past 9 years, the highest FCF Yield % of Granite Point Mortgage Trust was 29.27%. The lowest was 0.96%. And the median was 6.80%.

GPMT's FCF Yield % is ranked better than
94.3% of 859 companies
in the REITs industry
Industry Median: 6.77 vs GPMT: 27.63

Granite Point Mortgage Trust's FCF Margin % for the quarter that ended in Mar. 2024 was 13.43%.


Granite Point Mortgage Trust FCF Yield % Historical Data

The historical data trend for Granite Point Mortgage Trust's FCF Yield % 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.

* Premium members only.

Granite Point Mortgage Trust FCF Yield % Chart

Granite Point Mortgage Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only 6.14 3.67 9.57 20.99 17.34

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
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.38 23.31 25.47 12.89 2.71

Competitive Comparison of Granite Point Mortgage Trust's FCF Yield %

For the REIT - Mortgage subindustry, Granite Point Mortgage Trust's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the REITs Industry

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

* The bar in red indicates where Granite Point Mortgage Trust's FCF Yield % falls into.



Granite Point Mortgage Trust FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Granite Point Mortgage Trust's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=52.096 / 300.432132
=17.34%

Granite Point Mortgage Trust's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=1.651 * 4 / 243.435996
=2.71%

* 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.


Granite Point Mortgage Trust FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Granite Point Mortgage Trust FCF Yield % Related Terms

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

Traded in Other Exchanges
Address
3 Bryant Park, Suite 2400A, New York, NY, USA, 10036
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

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