Granite Point Mortgage Stock Retained Earnings

GPMT Stock

USD 3.52 0.05 1.44%

Granite Point Mortgage fundamentals help investors to digest information that contributes to Granite Point's financial success or failures. It also enables traders to predict the movement of Granite Stock. The fundamental analysis module provides a way to measure Granite Point's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Granite Point stock.

	Last Reported	Projected for Next Year
Retained Earnings	-339.7 M	-322.8 M
Retained Earnings Total Equity	-315.1 M	-330.8 M

Retained Earnings is likely to gain to about (322.8 M) in 2024. Retained Earnings Total Equity is likely to drop to about (330.8 M) in 2024.

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Granite Point Mortgage Company Retained Earnings Analysis

Granite Point's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Granite Point Retained Earnings

(339.74 M)

Most of Granite Point's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Granite Point Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Granite Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Granite Point is extremely important. It helps to project a fair market value of Granite Stock properly, considering its historical fundamentals such as Retained Earnings. Since Granite Point's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Granite Point's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Granite Point's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt Total	Long Term Investments	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.91	-0.23	0.89	-0.52	0.82	0.9	0.86	0.48	0.93	0.82	-0.68	0.28	0.41	-0.95	0.91	0.74	0.67	0.9	0.91	0.77
Total Stockholder Equity	0.96		0.96	-0.28	0.84	-0.61	0.8	0.85	0.78	0.59	0.91	0.88	-0.8	0.38	0.3	-0.96	0.91	0.8	0.74	0.9	0.9	0.82
Net Tangible Assets	0.91	0.96		-0.36	0.8	-0.72	0.83	0.81	0.8	0.66	0.88	0.89	-0.77	0.33	0.24	-0.95	0.86	0.79	0.85	0.85	0.9	0.85
Current Deferred Revenue	-0.23	-0.28	-0.36		-0.19	0.78	-0.27	-0.2	-0.33	-0.66	-0.25	-0.24	0.17	0.07	0.2	0.34	-0.26	-0.33	-0.52	-0.3	-0.4	-0.54
Net Debt	0.89	0.84	0.8	-0.19		-0.53	0.78	1.0	0.81	0.62	0.8	0.59	-0.57	0.32	0.54	-0.76	0.77	0.44	0.71	0.98	0.89	0.83
Retained Earnings	-0.52	-0.61	-0.72	0.78	-0.53		-0.7	-0.55	-0.63	-0.89	-0.48	-0.55	0.47	-0.38	-0.05	0.62	-0.41	-0.46	-0.91	-0.62	-0.71	-0.87
Accounts Payable	0.82	0.8	0.83	-0.27	0.78	-0.7		0.81	0.78	0.56	0.61	0.7	-0.66	0.35	0.61	-0.78	0.57	0.53	0.8	0.82	0.84	0.82
Long Term Debt	0.9	0.85	0.81	-0.2	1.0	-0.55	0.81		0.82	0.63	0.8	0.61	-0.58	0.31	0.56	-0.78	0.77	0.45	0.73	0.98	0.9	0.84
Net Receivables	0.86	0.78	0.8	-0.33	0.81	-0.63	0.78	0.82		0.58	0.84	0.72	-0.32	0.42	0.33	-0.84	0.67	0.59	0.74	0.77	0.84	0.78
Short Term Investments	0.48	0.59	0.66	-0.66	0.62	-0.89	0.56	0.63	0.58		0.48	0.5	-0.39	0.42	0.1	-0.56	0.4	0.4	0.85	0.68	0.65	0.85
Total Liab	0.93	0.91	0.88	-0.25	0.8	-0.48	0.61	0.8	0.84	0.48		0.78	-0.56	0.33	0.1	-0.92	0.93	0.75	0.63	0.8	0.86	0.7
Deferred Long Term Liab	0.82	0.88	0.89	-0.24	0.59	-0.55	0.7	0.61	0.72	0.5	0.78		-0.62	0.28	0.24	-0.92	0.78	0.91	0.66	0.64	0.66	0.66
Short Long Term Debt	-0.68	-0.8	-0.77	0.17	-0.57	0.47	-0.66	-0.58	-0.32	-0.39	-0.56	-0.62		-0.18	-0.24	0.69	-0.69	-0.61	-0.54	-0.7	-0.71	-0.59
Total Current Assets	0.28	0.38	0.33	0.07	0.32	-0.38	0.35	0.31	0.42	0.42	0.33	0.28	-0.18		-0.08	-0.31	0.09	0.16	0.42	0.32	0.35	0.47
Short Term Debt	0.41	0.3	0.24	0.2	0.54	-0.05	0.61	0.56	0.33	0.1	0.1	0.24	-0.24	-0.08		-0.25	0.16	0.05	0.19	0.5	0.29	0.29
Common Stock	-0.95	-0.96	-0.95	0.34	-0.76	0.62	-0.78	-0.78	-0.84	-0.56	-0.92	-0.92	0.69	-0.31	-0.25		-0.87	-0.9	-0.7	-0.81	-0.87	-0.74
Long Term Debt Total	0.91	0.91	0.86	-0.26	0.77	-0.41	0.57	0.77	0.67	0.4	0.93	0.78	-0.69	0.09	0.16	-0.87		0.74	0.56	0.8	0.8	0.66
Long Term Investments	0.74	0.8	0.79	-0.33	0.44	-0.46	0.53	0.45	0.59	0.4	0.75	0.91	-0.61	0.16	0.05	-0.9	0.74		0.45	0.51	0.6	0.47
Capital Surpluse	0.67	0.74	0.85	-0.52	0.71	-0.91	0.8	0.73	0.74	0.85	0.63	0.66	-0.54	0.42	0.19	-0.7	0.56	0.45		0.76	0.8	0.93
Net Invested Capital	0.9	0.9	0.85	-0.3	0.98	-0.62	0.82	0.98	0.77	0.68	0.8	0.64	-0.7	0.32	0.5	-0.81	0.8	0.51	0.76		0.92	0.88
Net Working Capital	0.91	0.9	0.9	-0.4	0.89	-0.71	0.84	0.9	0.84	0.65	0.86	0.66	-0.71	0.35	0.29	-0.87	0.8	0.6	0.8	0.92		0.86
Capital Stock	0.77	0.82	0.85	-0.54	0.83	-0.87	0.82	0.84	0.78	0.85	0.7	0.66	-0.59	0.47	0.29	-0.74	0.66	0.47	0.93	0.88	0.86

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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

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Retained Earnings Over Time

Based on the latest financial disclosure, Granite Point Mortgage has a Retained Earnings of (339.74 Million). This is 49.58% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly lower than that of the Financials industry. The retained earnings for all United States stocks is 103.64% higher than that of the company.

Granite Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Point's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Granite Point could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics of similar companies.

Granite Point is currently under evaluation in retained earnings category among its peers.

Granite Point Current Valuation Drivers

We derive many important indicators used in calculating different scores of Granite Point from analyzing Granite Point's financial statements. These drivers represent accounts that assess Granite Point's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Granite Point's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	975.7M	551.0M	639.3M	284.1M	306.8M	291.4M
Enterprise Value	2.4B	1.8B	2.7B	1.6B	2.1B	1.5B

Granite Point ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Granite Point's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Granite Point's managers, analysts, and investors.

Environmental

Governance

Social

Granite Fundamentals

	Return On Equity	-0.23
	Return On Asset	-0.0669
	Operating Margin	1.53 %
	Current Valuation	1.67 B
	Shares Outstanding	49.96 M
	Shares Owned By Insiders	2.52 %
	Shares Owned By Institutions	50.75 %
	Number Of Shares Shorted	1.25 M
	Price To Earning	37.88 X
	Price To Book	0.26 X
	Price To Sales	8.76 X
	Revenue	266.49 M
	Gross Profit	10.7 M
	EBITDA	121.89 M
	Net Income	(63.2 M)
	Cash And Equivalents	150.19 M
	Cash Per Share	2.87 X
	Total Debt	1.95 B
	Debt To Equity	2.88 %
	Current Ratio	66.98 X
	Book Value Per Share	13.37 X
	Cash Flow From Operations	52.1 M
	Short Ratio	3.99 X
	Earnings Per Share	(3.86) X
	Target Price	3.67
	Number Of Employees	36
	Beta	1.82
	Market Capitalization	175.85 M
	Total Asset	2.85 B
	Retained Earnings	(339.74 M)
	Working Capital	(1.07 B)
	Current Asset	111.04 M
	Current Liabilities	1.18 B
	Annual Yield	0.06 %
	Five Year Return	9.49 %
	Net Asset	2.85 B
	Last Dividend Paid	0.45

About Granite Point Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Granite Point Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Point Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Granite Stock Analysis

When running Granite Point's price analysis, check to measure Granite Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.

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