NYSE$GPMT

Granite Point Mortgage Trust Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Granite Point Mortgage Trust Inc reported Q2 2025 results with net interest income of $8.0 million and a net loss of $13.4 million.

The company generated total interest income of $33.8 million in the quarter ended June 30, 2025. The loan portfolio contracted to $1.67 billion carrying value after repayments and resolutions, with the allowance for credit losses at $155.1 million. Book value per common share stood at $7.99 including CECL reserves.

  • Reported GAAP net loss attributable to common stockholders of $17.0 million or $0.35 per share.
  • Loan portfolio unpaid principal balance declined to $1.83 billion with 97.5% floating rate exposure.
  • Total CECL reserve of $155.1 million after $36.1 million in write-offs during the quarter.
  • Maintained compliance with all financial covenants on secured financing facilities.

Headline financials

Total Revenue

$21.2M

Previous: $30.2M-29.7%
EPS (adj)

-$0.35

Previous: -$1.31+73.3%
Stabilized LTV

64.7%

No prior period
Floating Rate Loans

97.5%

No prior period
Total Loan Commitments

$1.91B

No prior period
Avg Risk Rating

2.8

No prior period
Total CECL Reserve

$155M

Previous: $9.70+1598680312.4%
Unrestricted Cash

$85.1M

No prior period
Total Leverage Ratio

2.1

No prior period
Weighted Avg All-in Yield

4.0%

No prior period
Net Income

-$13.4M

Previous: -$63.1M+78.8%
Operating Income

$15.4M

Previous: $25.6M-39.8%
Cash & Equivalents

$85.1M

No prior period
Total Assets

$1.92B

No prior period

Revenue & EPS history

Granite Point · Revenue · Quarterly

$21.2M

Q2 2025-29.7%vs Q2 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Company continues to monitor macroeconomic conditions and manage portfolio risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.0%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+0.3%

Avg return

30 days after

46%

16 / 35 earnings

Positive

+24.2%

Q3 2020

Best reaction

-15.1%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+4.3%-0.7%+6.3%
Q4 2025-11.5%-23.8%-30.8%
Q3 2025+4.6%+2.6%+3.8%
Q1 2025+15.3%+19.5%+37.4%
Q4 2024-9.1%-10.7%-11.3%
Q3 2024+2.3%+12.6%+9.6%
Q2 2024-8.5%-7.1%-6.4%
Q1 2024-13.0%-17.3%-29.1%
Q4 2023-4.3%-7.3%-5.7%
Q3 2023-1.1%-0.2%+18.9%
Q2 2023-1.1%-3.6%-5.3%
Q1 2023+3.2%+4.9%+27.3%
Q4 2022+0.0%-0.7%-18.6%
Q3 2022-15.1%-9.6%-9.7%
Q2 2022+1.1%-1.7%-13.9%
Q1 2022+1.7%+2.8%+11.0%
Q4 2021-1.2%-2.9%+0.6%
Q3 2021+0.4%-1.5%-10.5%
Q2 2021-8.2%-5.0%-4.0%
Q1 2021+1.7%-3.6%+14.3%
Q4 2020+0.5%+3.1%+6.4%
Q3 2020+24.2%+20.4%+44.6%
Q2 2020+5.2%+3.3%-13.2%
Q1 2020+10.4%+2.4%+66.9%
Q4 2019+3.4%-2.7%-78.1%
Q3 2019-1.7%-2.7%-1.9%
Q2 2019-1.4%-1.1%-3.0%
Q1 2019-1.0%-0.6%-2.3%
Q4 2018-0.4%-2.5%-2.4%
Q3 2018+1.7%+1.1%+0.7%
Q2 2018-0.9%-2.7%+1.0%
Q1 2018+2.0%+3.8%+8.9%
Q4 2017-3.2%-1.1%+2.2%
Q3 2017-1.5%-0.3%-1.1%
Q2 2017-0.7%-0.1%-0.6%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro