Granite Point Mortgage Trust (GPMT) Convertible Debt (2017 - 2023)
Granite Point Mortgage Trust (GPMT) posted Convertible Debt of $131.6 million for Q3 2023, little changed on a QoQ basis from $131.4 million in Q2 2023, and down 52.02% year-over-year from $274.3 million in Q3 2022.
Granite Point Mortgage Trust (GPMT) Convertible Debt (2017 - 2023) Analysis & Trends
Granite Point Mortgage Trust's Convertible Debt history runs 7 years deep, the most recent figure standing at $131.6 million for Q3 2023.
- Quarterly Convertible Debt fell 52.02% year-over-year to $131.6 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $131.6 million (down 52.02% YoY) and the FY2022 annual result came in at $130.9 million, down 52.03% from the prior year.
- Convertible Debt was $131.6 million for Q3 2023 at Granite Point Mortgage Trust, roughly flat from $131.4 million in the prior quarter.
- Across five years, Convertible Debt topped out at $274.3 million in Q3 2022 and bottomed at $130.9 million in Q4 2022.
- A 5-year average of $241.8 million and a median of $270.4 million in 2020 frame the typical range for Convertible Debt.
- Annual changes were most pronounced in 2019 — Convertible Debt surged 92.15% — and 2022, when it slumped 52.03%.
- Granite Point Mortgage Trust's Convertible Debt stood at $269.6 million in 2019, then advanced by 0.6% to $271.2 million in 2020, then advanced by 0.62% to $272.9 million in 2021, then slumped by 52.03% to $130.9 million in 2022, then rose by 0.52% to $131.6 million in 2023.
- Business Quant data shows GPMT's Convertible Debt at $131.6 million in Q3 2023, $131.4 million in Q2 2023, and $131.1 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | Granite Point Mortgage Trust | 64.36 Mn | 556.52 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 131.60 Mn |
| Jun 30, 2023 | 131.37 Mn |
| Mar 31, 2023 | 131.13 Mn |
| Dec 31, 2022 | 130.92 Mn |
| Sep 30, 2022 | 274.29 Mn |
| Jun 30, 2022 | 273.82 Mn |
| Mar 31, 2022 | 273.37 Mn |
| Dec 31, 2021 | 272.94 Mn |
| Sep 30, 2021 | 272.51 Mn |
| Jun 30, 2021 | 272.10 Mn |
| Mar 31, 2021 | 271.65 Mn |
| Dec 31, 2020 | 271.25 Mn |
| Sep 30, 2020 | 270.80 Mn |
| Jun 30, 2020 | 270.44 Mn |
| Mar 31, 2020 | 270.03 Mn |
| Dec 31, 2019 | 269.63 Mn |
| Sep 30, 2019 | 269.20 Mn |
| Jun 30, 2019 | 268.86 Mn |
| Mar 31, 2019 | 268.48 Mn |
| Dec 31, 2018 | 268.10 Mn |