Head-To-Head Survey: Granite Point Mortgage Trust (NYSE:GPMT) versus Alpine Income Property Trust (NYSE:PINE)

Granite Point Mortgage Trust (NYSE:GPMT) and Alpine Income Property Trust (NYSE:PINE) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, earnings, profitability and valuation.

Dividends

Granite Point Mortgage Trust pays an annual dividend of $0.20 per share and has a dividend yield of 6.7%. Alpine Income Property Trust pays an annual dividend of $1.12 per share and has a dividend yield of 6.3%. Granite Point Mortgage Trust pays out -5.5% of its earnings in the form of a dividend. Alpine Income Property Trust pays out -2,800.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Risk and Volatility

Granite Point Mortgage Trust has a beta of 1.79, suggesting that its share price is 79% more volatile than the S&P 500. Comparatively, Alpine Income Property Trust has a beta of 0.8, suggesting that its share price is 20% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for Granite Point Mortgage Trust and Alpine Income Property Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Granite Point Mortgage Trust	1	1	2	0	2.25
Alpine Income Property Trust	0	2	7	0	2.78

Granite Point Mortgage Trust currently has a consensus target price of $5.08, suggesting a potential upside of 70.01%. Alpine Income Property Trust has a consensus target price of $19.25, suggesting a potential upside of 7.96%. Given Granite Point Mortgage Trust’s higher possible upside, research analysts clearly believe Granite Point Mortgage Trust is more favorable than Alpine Income Property Trust.

Insider & Institutional Ownership

51.6% of Granite Point Mortgage Trust shares are owned by institutional investors. Comparatively, 60.5% of Alpine Income Property Trust shares are owned by institutional investors. 2.3% of Granite Point Mortgage Trust shares are owned by insiders. Comparatively, 0.7% of Alpine Income Property Trust shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Granite Point Mortgage Trust and Alpine Income Property Trust”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Point Mortgage Trust	$263.73 million	0.57	-$63.20 million	($3.65)	-0.82
Alpine Income Property Trust	$50.02 million	4.86	$2.92 million	($0.04)	-445.75

Alpine Income Property Trust has lower revenue, but higher earnings than Granite Point Mortgage Trust. Alpine Income Property Trust is trading at a lower price-to-earnings ratio than Granite Point Mortgage Trust, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Granite Point Mortgage Trust and Alpine Income Property Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Granite Point Mortgage Trust	-74.38%	2.45%	0.70%
Alpine Income Property Trust	6.72%	1.23%	0.59%

About Granite Point Mortgage Trust

Granite Point Mortgage Trust Inc., a real estate investment trust, 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. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2015 and is headquartered in New York, New York.

About Alpine Income Property Trust

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased properties that are predominately leased to high-quality publicly traded and credit-rated tenants.