$GPMT

Granite Point Mortgage Trust (GPMT) shares fell 3.5% after announcing a 1-for-10 reverse stock split, reducing shares from 48.2M to 4.8M. The company is exploring strategic alternatives, including a sale or capital raise, but no timeline is set. The split, effective October 5, 2026, won't affect dividends or preferred stock. GPMT trades on NYSE under the same symbol post-split.

Mortgage REITs face challenges with high yields but declining book values. AGNC (AGNC) reported Q2 2026 distributable EPS of $0.40, with a $0.36 quarterly dividend. Orchid Island (ORC) reduced its dividend, and ARMOUR (ARR) is at breakeven. Invesco (IVR) missed earnings estimates, while New York Mortgage (NYMT) raised its dividend despite losses. Granite Point (GPMT) reported negative distributable earnings and a book value decline.

Granite Point Mortgage Trust (GPMT) reported Q2 2026 results on an earnings call. GAAP net loss was $62 million ($1.29/share) and distributable loss $37.7 million ($0.79/share). Book value fell to $5.70/share. CECL reserve rose to $165.8 million (11.4% of commitments). Management discussed legacy loan resolutions, JPMorgan CLO refinancing, and covenant cash levels.

Granite Point Mortgage Trust (NYSE:GPMT) reported Q2 updates on reserves and loan resolutions. About 78% of its allowance was for individually assessed loans. It had $253m principal on five risk-rated loans with CECL reserves of ~$120m (47.4%). The quarter saw ~$122m net portfolio reduction, $58m unrestricted cash, and leverage of 1.9x.

Granite Point Mortgage Trust Inc. (GPMT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Granite Point Mortgage Trust Inc. Reports Second Quarter 2026 Financial Results and Post Quarter-End Update NEW YORK, August 5, 2026 – Granite Point Mortgage Trust Inc. (NYSE: GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter e

Granite Point Mortgage Trust Inc. (GPMT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. JPMorgan Repurchase Facility On July 28, 2026, GP Commercial JPM LLC (“GPC”), a wholly owned subsidiary of Granite Point Mortgage Trust Inc. (the “Company”), entered into an amendment (the “MRA Amendment”) to that certain prev

Granite Point Mortgage Trust Inc. (GPMT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 exhibit101-msmra6292026.htm EX-10.1 Document EXECUTION VERSION FIFTEENTH AMENDMENT TO MASTER REPURCHASE AND SECURITIES CONTRACT AGREEMENT AND SIXTH AMENDMENT TO GUARANTY THIS FIFTEENTH AMENDMENT TO MASTER REPURCHASE AND SECURITIES CONTRACT AGREEMENT AND SIXTH AMENDMENT

Granite Point Mortgage Trust Inc. (GPMT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. false 0001703644 0001703644 2026-06-04 2026-06-04 0001703644 us-gaap:CommonStockMember 2026-06-04 2026-06-04 0001703644 gpmt:SeriesA700percentageFixedtoFloatingRateCumulativeRedeemablePreferredStockparvaluedollar001pershareMember 2026-06-04 2026-06-04 iso4217:USD xbrli:shares iso

Granite Point Mortgage Trust Inc. (GPMT) Chief Financial Officer Blake Johnson was granted 58,649 Restricted Stock Units (RSUs) on March 5, 2026, under the company's 2022 Omnibus Incentive Plan. These RSUs represent contingent rights to receive common stock on a 1-to-1 basis and will vest over three years: 33% in March 2027, 33% in March 2028, and 34% in March 2029. This award is a compensation-related equity grant, not an open-market transaction.

Michael J. Karber, General Counsel and Secretary of Granite Point Mortgage Trust (NYSE: GPMT), exercised 19,213 restricted stock units (RSUs) on March 15, 2026. A total of 9,452 shares were withheld for tax obligations, resulting in him directly holding 123,371 common shares. These RSUs were part of a 57,638-unit grant from March 15, 2023, with the final 34% vesting on March 15, 2026.