Granite Point Revenue vs. Cash Per Share
| GPMT Stock | USD 3.52 0.05 1.44% |
Total Revenue | First Reported 2015-12-31 | Previous Quarter 49.6 M | Current Value 10.3 M | Quarterly Volatility 11.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.87 | 0.9576 |
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For Granite Point profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Granite Point to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Granite Point Mortgage utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Granite Point's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Granite Point Mortgage over time as well as its relative position and ranking within its peers.
Granite |
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Point. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Dividend Share 0.45 | Earnings Share (3.86) | Revenue Per Share (2.76) | Quarterly Revenue Growth 0.827 |
The market value of Granite Point Mortgage is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Point's value that differs from its market value or its book value, called intrinsic value, which is Granite Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Point's market value can be influenced by many factors that don't directly affect Granite Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Granite Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Granite Point Mortgage Cash Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Granite Point's current stock value. Our valuation model uses many indicators to compare Granite Point value to that of its competitors to determine the firm's financial worth. Granite Point Mortgage is rated # 5 in revenue category among its peers. It is rated below average in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Granite Point Mortgage is about 92,854,007 . At this time, Granite Point's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Granite Point by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Granite Revenue vs. Competition
Granite Point Mortgage is rated # 5 in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 3.3 Billion. Granite Point holds roughly 266.49 Million in revenue claiming about 8% of equities under Financials industry.
Granite Cash Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Granite Point |
| = | 266.49 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Granite Point |
| = | 2.87 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Granite Cash Per Share Comparison
Granite Point is currently under evaluation in cash per share category among its peers.
Granite Point Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Granite Point, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Granite Point will eventually generate negative long term returns. The profitability progress is the general direction of Granite Point's change in net profit over the period of time. It can combine multiple indicators of Granite Point, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -506 K | -531.3 K | |
| Operating Income | 121.9 M | 73.7 M | |
| Net Loss | -56 M | -53.2 M | |
| Income Before Tax | -63.1 M | -59.9 M | |
| Total Other Income Expense Net | -185 M | -175.7 M | |
| Net Loss | -49.8 M | -47.3 M | |
| Net Loss | -63.2 M | -60 M | |
| Income Tax Expense | 95 K | 115.6 K | |
| Net Interest Income | 85.7 M | 98.3 M | |
| Interest Income | 263.7 M | 208.9 M | |
| Non Operating Income Net Other | -80 M | -76 M | |
| Change To Netincome | 10 M | 10.5 M | |
| Net Loss | (1.22) | (1.16) | |
| Income Quality | (0.82) | (0.78) | |
| Net Income Per E B T | 1.00 | 0.77 |
Granite Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Granite Point. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Granite Point position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Granite Point's important profitability drivers and their relationship over time.
Use Granite Point in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Granite Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Granite Point will appreciate offsetting losses from the drop in the long position's value.Granite Point Pair Trading
Granite Point Mortgage Pair Trading Analysis
The ability to find closely correlated positions to Granite Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Granite Point when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Granite Point - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Granite Point Mortgage to buy it.
The correlation of Granite Point is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Granite Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Granite Point Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Granite Point can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Granite Point position
In addition to having Granite Point in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.