Granite Historical Income Statement

GPMT Stock  USD 4.32  0.03  0.70%   
Historical analysis of Granite Point income statement accounts such as Selling General Administrative of 20.6 M or Total Revenue of 279.8 M can show how well Granite Point Mortgage performed in making a profits. Evaluating Granite Point income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Granite Point's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Granite Point Mortgage latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Granite Point Mortgage is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Granite Point Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About Granite Income Statement Analysis

Granite Point Mortgage Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Granite Point shareholders. The income statement also shows Granite investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Granite Point Income Statement Chart

Granite Point Mortgage Income Statement is one of the three primary financial statements used for reporting Granite's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Granite Point Mortgage revenue and expense. Granite Point Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Granite Point's Total Operating Expenses is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 115.6 K in 2024, despite the fact that Net Loss is likely to grow to (53.2 M).

Total Revenue

Total revenue comprises all receipts Granite Point Mortgage generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Granite Point Mortgage minus its cost of goods sold. It is profit before Granite Point operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Granite Point Mortgage. It is also known as Granite Point overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Granite Point's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Granite Point Mortgage current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Granite Point Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Granite Point's Total Operating Expenses is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 115.6 K in 2024, despite the fact that Net Loss is likely to grow to (53.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit57.4M47.3M255.2M268.0M
Total Revenue87.5M78.3M266.5M279.8M

Granite Point income statement Correlations

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0.160.790.640.990.880.87-0.380.870.880.480.07-0.42-0.98-0.430.150.650.780.220.9-0.71-0.85
0.110.710.560.990.860.88-0.410.880.890.370.15-0.45-0.95-0.460.10.550.70.210.95-0.67-0.89
0.550.690.440.880.860.56-0.620.560.580.44-0.29-0.64-0.85-0.650.550.680.730.230.79-0.82-0.75
-0.280.650.620.870.880.56-0.141.01.00.320.5-0.18-0.84-0.19-0.290.410.60.040.8-0.48-0.76
-0.38-0.160.25-0.38-0.41-0.62-0.14-0.14-0.120.040.061.00.371.0-0.37-0.02-0.140.27-0.550.790.54
-0.280.650.620.870.880.561.0-0.141.00.320.5-0.18-0.84-0.19-0.290.410.60.040.8-0.48-0.76
-0.250.650.630.880.890.581.0-0.121.00.330.47-0.16-0.85-0.17-0.250.430.610.110.81-0.46-0.77
0.360.740.770.480.370.440.320.040.320.33-0.430.04-0.580.040.360.810.770.150.11-0.5-0.15
-0.86-0.22-0.140.070.15-0.290.50.060.50.47-0.430.04-0.020.04-0.86-0.55-0.33-0.310.30.17-0.29
-0.36-0.180.22-0.42-0.45-0.64-0.181.0-0.18-0.160.040.040.411.0-0.36-0.03-0.160.25-0.590.80.57
-0.16-0.87-0.72-0.98-0.95-0.85-0.840.37-0.84-0.85-0.58-0.020.410.41-0.15-0.69-0.85-0.16-0.850.750.78
-0.36-0.180.22-0.43-0.46-0.65-0.191.0-0.19-0.170.040.041.00.41-0.36-0.04-0.170.25-0.60.810.58
1.00.240.00.150.10.55-0.29-0.37-0.29-0.250.36-0.86-0.36-0.15-0.360.510.340.470.02-0.38-0.04
0.510.850.820.650.550.680.41-0.020.410.430.81-0.55-0.03-0.69-0.040.510.930.270.3-0.53-0.29
0.340.980.860.780.70.730.6-0.140.60.610.77-0.33-0.16-0.85-0.170.340.930.180.49-0.66-0.41
0.470.130.110.220.210.230.040.270.040.110.15-0.310.25-0.160.250.470.270.180.160.24-0.15
0.020.520.310.90.950.790.8-0.550.80.810.110.3-0.59-0.85-0.60.020.30.490.16-0.63-0.95
-0.38-0.66-0.34-0.71-0.67-0.82-0.480.79-0.48-0.46-0.50.170.80.750.81-0.38-0.53-0.660.24-0.630.59
-0.04-0.4-0.26-0.85-0.89-0.75-0.760.54-0.76-0.77-0.15-0.290.570.780.58-0.04-0.29-0.41-0.15-0.950.59
Click cells to compare fundamentals

Granite Point Account Relationship Matchups

Granite Point income statement Accounts

201920202021202220232024 (projected)
Interest Expense137.0M112.9M105.6M126.1M181.7M98.9M
Selling General Administrative36.4M15.8M21.5M20.2M21.7M20.6M
Total Revenue106.8M104.9M87.5M78.3M266.5M279.8M
Gross Profit85.3M75.9M57.4M47.3M255.2M268.0M
Other Operating Expenses36.6M144.8M19.0M36.7M148.1M155.5M
Operating Income70.2M(39.8M)68.5M85.3M223.2M234.4M
Net Income From Continuing Ops70.2M(40.4M)68.4M(40.8M)(56.0M)(53.2M)
Ebit70.2M(39.8M)68.5M85.3M223.2M234.4M
Ebitda70.5M(33.4M)85.1M70.8M226.6M237.9M
Cost Of Revenue21.5M29.0M30.1M31.0M11.3M20.7M
Total Operating Expenses(36.6M)(144.8M)(19.0M)10.8M32M33.6M
Income Before Tax70.2M(39.8M)68.5M(40.8M)(63.1M)(59.9M)
Total Other Income Expense Net(137.0M)(112.9M)(105.6M)(126.1M)(286.3M)(272.0M)
Net Income Applicable To Common Shares70.1M(40.5M)67.6M(55.3M)(49.8M)(47.3M)
Net Income70.2M(40.4M)68.4M(40.8M)(64.9M)(61.6M)
Net Interest Income109.3M124.8M92.7M84.7M85.7M98.3M
Interest Income246.3M237.7M198.3M210.9M263.7M208.9M
Depreciation And Amortization266K6.4M16.6M(14.5M)3.4M3.6M
Non Operating Income Net Other1.2M(69.5M)11.1M(88.8M)(80.0M)(76.0M)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Granite Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Granite Point's short interest history, or implied volatility extrapolated from Granite Point options trading.

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When determining whether Granite Point Mortgage is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Granite Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Granite Point Mortgage Stock. Highlighted below are key reports to facilitate an investment decision about Granite Point Mortgage Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Granite Point Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Granite Point's industry 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
0.8
Earnings Share
(1.50)
Revenue Per Share
(0.44)
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.