Did This Crypto Millionaire Humiliate Himself?
On September 2022, crypto millionaire James Altucher published a video saying he had sold all his Bitcoin... and doubled down on this crypto instead. At the time, cryptos had already dropped 70%. But James still said this crypto was a good investment. Was he right? Or did he embarrass himself?
Financials
| Curr Year EPS Estimate | 1.06 |
| Next Quarter EPS Estimate | 0.28 |
| Profit Margin | -0.56 |
| Return on Assets | -0.01 |
| Return on Equity | -0.04 |
| Revenue | 72,185,000 |
| Earnings Per Share | -0.74 |
| Revenue Per Share | 1.31 |
| Gross Profit | 68,129,000 |
| Quarterly Revenue Growth | 0.26 |
General
| Name | Granite Point Mortgage Trust Inc |
| Ticker | GPMT |
| Exchange | NYSE |
| Sector | Real Estate |
| Industry | REIT-Mortgage |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
About Granite Point Mortgage Trust Inc
Granite Point Mortgage Trust Inc. originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. As of December 31, 2020, its investment portfolio includes 103 commercial real estate loan investments. The company intends to qualify as a real estate investment trust for federal income tax purposes. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
Dividend
Granite Point Mortgage Trust Inc pays out a dividend of $0.40 per share, with a dividend yield of 16.10%.
GPMT's last dividend payment was made to shareholders on January 22, 2021.
They pay out 55.56% of their earnings out as a dividend.
Recent Dividends
| Apr 15, 2024 | $0.15 |
| Jan 16, 2024 | $0.20 |
| Oct 16, 2023 | $0.20 |
| Jul 17, 2023 | $0.20 |
| Apr 17, 2023 | $0.20 |
| Jan 17, 2023 | $0.20 |
| Oct 17, 2022 | $0.25 |
| Jul 15, 2022 | $0.25 |
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