To allow for flexibility, areas can be sectioned off to allow smaller gatherings in private rooms.The company's CEO announced the plans in a tweet, but did not provide any details about plans for a Lincoln location.The number of Lincoln companies that made the list was the same as last year. TRANSFER AGENT. Overall, the team has an average of over 12 years of experience in the commercial real estate debt markets.
Granite Point Mortgage Trust Inc. is a Maryland corporation that focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans … Box 64856 St. Paul, MN 55164-0856 A quarter ago, it was expected that this real estate investment trust would post earnings of $0.34 per share when it actually produced earnings of $0.32, delivering a surprise of -5.88%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Granite Point Mortgage Trust, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $34.38 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 21.92%.
Earnings, adjusted for non-recurring costs and stock option expense, were 25 cents per share.The real estate investment trust posted revenue of $60.9 million in the period. Granite Point Mortgage Trust Inc. has tapped Evercore Inc. for strategic advice as it looks for ways to shore up its financial position, according to people familiar with the matter. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The P/E ratio of Granite Point Mortgage Trust is 25.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.14. NEW YORK (AP) — Granite Point Mortgage Trust Inc. (GPMT) on Monday reported a second-quarter loss of $1.7 million, after reporting a profit in the same period a year earlier.The New York-based company said it had a loss of 3 cents per share. In the final minutes of trading on Monday, shares hit $7.71, a drop of 59% in the last 12 months.
{{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}} Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Granite Point Mortgage Trust focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments.“Granite Point employs a successful investment philosophy that has been tested through several economic, interest rate and real estate cycles.”Senior investment team with a long-tenured presence in the commercial real estate debt market across multiple economic and real estate cyclesFundamentally driven and credit focused investment process with robust underwriting, structuring and asset management capabilitiesCRE market environment providing enduring investment opportunitiesDifferentiated direct origination platform with strong sourcing capabilities targeting primary and secondary marketsHigh credit quality and well-diversified initial portfolio ofAttractive return profile supported by substantial capital baseGranite Point is a leading commercial real estate lending platform benefitting from the team’s long standing presence in the commercial real estate finance market and their reputation.Our senior management team is complemented by a group of professionals with broad investment management expertise and extensive industry relationships.
Spray said of the dispute between the business and Lincoln-Lancaster County Health Department.Home sales are down only slightly from last year's pace, despite the economic turmoil caused by coronavirus along with the restrictions that have made it difficult to see homes in person.Get up-to-the-minute news sent straight to your device.
ET to discuss second quarter 2020 financial results and related information. Granite Point Mortgage Trust Inc. 3 Bryant Park, 24th Floor New York, NY 10036 212-364-5500. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. Granite Point Mortgage Trust focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Granite Point Mortgage Trust (GPMT) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.22 per share. Granite Point Mortgage Trust Inc.
In the final minutes of trading on Monday, shares hit $7.71, a drop of 59% in the last 12 months. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.64%. Granite Point Mortgage Trust, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $34.38 million for the quarter ended … Granite Point Mortgage Trust: 2Q Earnings Snapshot
This compares to year-ago revenues of $27.83 million. Enjoy more articles from Lincoln's Most Trusted Information Source. Granite Point Mortgage Trust Inc. (NYSE: GPMT) today provided an update on its overall business operations and its first quarter 2020 common stock dividend in …
Marcin Urbaszek, Chief Financial Officer 212-364-5500 investors@gpmortgagetrust.com NYSE: GPMT. Equiniti Trust Company P.O.