Martin Kamarck - Granite Point Independent Director

GPMT Stock  USD 3.52  0.05  1.44%   

Director

Mr. Martin A. Kamarck is an Independent Director of the Company. Mr. Kamarck has over 40 years of experience in business and law in both the public and private sectors. He has served as the head of structuring at Elanus Capital Management, LLC, an alternative asset manager since January 2011. Prior to that time, from 1999 to 2005 Mr. Kamarck was the President of Radian Asset Assurance Inc., the financial guarantee arm of Radian Group Inc. . Prior to his time at Radian, Mr. Kamarck served as Chairman of the ExportImport Bank of the United States and CoHead of Structured Finance and General Counsel at Financial Guaranty Insurance Company. Mr. Kamarck began his professional career as an attorney with Morrison Foerster LLP at which he ultimately became a Partner and head of the securitization practice
Age 70
Address 3 Bryant Park, New York, NY, United States, 10036
Phone212 364 5500
Webhttps://www.gpmtreit.com
Kamarck received a B.A. in English Literature from Haverford College in 1971 and a J.D. from Stanford Law School in 1975. We believe Mr. Kamarck is qualified to serve as a director because of his background in the financial services industry and experience serving in executive management roles.

Granite Point Management Efficiency

The company has return on total asset (ROA) of (0.0669) % which means that it has lost $0.0669 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2331) %, meaning that it created substantial loss on money invested by shareholders. Granite Point's management efficiency ratios could be used to measure how well Granite Point manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.04 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.02). Liabilities And Stockholders Equity is likely to gain to about 3.3 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 93.2 M in 2024.
Granite Point Mortgage currently holds 1.95 B in liabilities with Debt to Equity (D/E) ratio of 2.89, implying the company greatly relies on financing operations through barrowing. Granite Point Mortgage has a current ratio of 65.64, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Granite Point's use of debt, we should always consider it together with its cash and equity.

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Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York. Granite Point operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 33 people. Granite Point Mortgage (GPMT) is traded on New York Stock Exchange in USA. It is located in 3 Bryant Park, New York, NY, United States, 10036 and employs 36 people. Granite Point is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

Granite Point Mortgage Leadership Team

Elected by the shareholders, the Granite Point's board of directors comprises two types of representatives: Granite Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Granite. The board's role is to monitor Granite Point's management team and ensure that shareholders' interests are well served. Granite Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Granite Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tanuja Dehne, Independent Director
Martin Kamarck, Independent Director
Steven Plust, Chief Operating Officer, Vice President
Stephen Alpart, Chief Investment Officer, Vice President
Devin Chen, Director
Chris Petta, Investor Officer
John Taylor, President, Chief Executive Officer, Director
Peter Morral, Vice President Chief Development Officer
Stephen Kasnet, Independent Chairman of the Board
John JD, CEO President
Marcin Urbaszek, Chief Financial Officer, Vice President, Treasurer
Hope Woodhouse, Independent Director
W Sanders, Independent Director
Marcin CFA, CFO, VP
Michael JD, General VP
Michael Karber, Vice President General Counsel, Secretary

Granite Stock Performance Indicators

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