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Granite Real Estate Investment Trust (GRT.UN) Competitors

C$67.55
-0.96 (-1.40%)
(As of 06/7/2024 ET)

GRT.UN vs. SMU.UN, DIR.UN, WIR.U, NXR.UN, FSV, CAR.UN, CIGI, REI.UN, CHP.UN, and TCN

Should you be buying Granite Real Estate Investment Trust stock or one of its competitors? The main competitors of Granite Real Estate Investment Trust include Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), WPT Industrial Real Estate Investment (WIR.U), Nexus Industrial REIT (NXR.UN), FirstService (FSV), Canadian Apartment Properties REIT (CAR.UN), Colliers International Group (CIGI), RioCan Real Estate Investment Trust (REI.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), and Tricon Residential (TCN). These companies are all part of the "real estate" sector.

Granite Real Estate Investment Trust vs.

Summit Industrial Income REIT (TSE:SMU.UN) and Granite Real Estate Investment Trust (TSE:GRT.UN) are both mid-cap real estate companies, but which is the better investment? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, risk, institutional ownership, profitability, earnings, dividends, media sentiment and valuation.

In the previous week, Summit Industrial Income REIT's average media sentiment score of 1.84 beat Granite Real Estate Investment Trust's score of 0.00 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Summit Industrial Income REIT Neutral
Granite Real Estate Investment Trust Very Positive

Granite Real Estate Investment Trust has a net margin of 40.71% compared to Granite Real Estate Investment Trust's net margin of 0.00%. Summit Industrial Income REIT's return on equity of 3.97% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Summit Industrial Income REITN/A N/A N/A
Granite Real Estate Investment Trust 40.71%3.97%2.74%

Granite Real Estate Investment Trust has a consensus price target of C$87.70, suggesting a potential upside of 29.83%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit Industrial Income REIT
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
3.22

Summit Industrial Income REIT has higher earnings, but lower revenue than Granite Real Estate Investment Trust. Summit Industrial Income REIT is trading at a lower price-to-earnings ratio than Granite Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Summit Industrial Income REITC$246.09M0.00C$501.55MC$2.64N/A
Granite Real Estate Investment TrustC$530.59M8.02C$216.01MC$3.4119.81

Summit Industrial Income REIT pays an annual dividend of C$0.57 per share. Granite Real Estate Investment Trust pays an annual dividend of C$3.30 per share and has a dividend yield of 4.9%. Summit Industrial Income REIT pays out 21.6% of its earnings in the form of a dividend. Granite Real Estate Investment Trust pays out 96.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Granite Real Estate Investment Trust received 178 more outperform votes than Summit Industrial Income REIT when rated by MarketBeat users. Likewise, 57.06% of users gave Granite Real Estate Investment Trust an outperform vote while only 53.33% of users gave Summit Industrial Income REIT an outperform vote.

CompanyUnderperformOutperform
Summit Industrial Income REITOutperform Votes
24
53.33%
Underperform Votes
21
46.67%
Granite Real Estate Investment TrustOutperform Votes
202
57.06%
Underperform Votes
152
42.94%

30.6% of Summit Industrial Income REIT shares are held by institutional investors. Comparatively, 74.5% of Granite Real Estate Investment Trust shares are held by institutional investors. 6.9% of Summit Industrial Income REIT shares are held by insiders. Comparatively, 0.3% of Granite Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Granite Real Estate Investment Trust beats Summit Industrial Income REIT on 13 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRT.UN vs. The Competition

MetricGranite Real Estate Investment TrustREIT IndustryReal Estate SectorTSE Exchange
Market CapC$4.26BC$3.06BC$1.44BC$5.36B
Dividend Yield4.71%6.21%7.71%5.58%
P/E Ratio19.81291.67231.1623.36
Price / Sales8.02768.411,706.372,143.06
Price / Cash17.7866.3359.4379.28
Price / Book0.790.801.413.46
Net IncomeC$216.01MC$11.37M-C$76.50MC$285.54M
7 Day Performance0.19%-0.78%-0.17%-0.93%
1 Month Performance-5.02%-0.33%1.40%-0.90%
1 Year Performance-18.49%-2.51%-0.27%26.09%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SMU.UN
Summit Industrial Income REIT
0 of 5 stars
N/AN/AN/AC$4.46BC$246.09M8.89N/A
DIR.UN
Dream Industrial Real Estate Invest Trst
2.5617 of 5 stars
C$12.63
-0.9%
C$15.94
+26.2%
-10.5%C$3.47BC$481.20M18.3090
WIR.U
WPT Industrial Real Estate Investment
0 of 5 stars
N/AN/AN/AC$1.84BC$217.88M4.6822High Trading Volume
NXR.UN
Nexus Industrial REIT
3.9095 of 5 stars
C$7.24
+0.3%
C$8.42
+16.3%
-17.3%C$498.76MC$157.72M3.11N/ANews Coverage
FSV
FirstService
0 of 5 stars
C$206.00
-0.5%
C$187.33
-9.1%
+6.0%C$9.27BC$4.47B74.9129,000
CAR.UN
Canadian Apartment Properties REIT
1.7531 of 5 stars
C$45.33
-0.9%
C$56.30
+24.2%
-12.3%C$7.58BC$1.08B-60.44908News Coverage
CIGI
Colliers International Group
1.5823 of 5 stars
C$149.55
-0.8%
C$150.00
+0.3%
+9.3%C$7.51BC$4.37B51.2219,230News Coverage
REI.UN
RioCan Real Estate Investment Trust
1.2075 of 5 stars
C$17.67
+0.6%
C$20.86
+18.0%
-16.5%C$5.31BC$1.21B103.94585
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.5325 of 5 stars
C$12.98
+0.2%
C$14.81
+14.1%
-5.3%C$4.26BC$1.45B14.11238
TCN
Tricon Residential
2.4047 of 5 stars
N/AC$12.39
+∞
N/AC$4.18BC$884.73M27.39978

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This page (TSE:GRT.UN) was last updated on 6/9/2024 by MarketBeat.com Staff

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