Granite Real Estate Investment Trust (GRT.UN) Competitors

C$71.23
+0.11 (+0.15%)
(As of 04:00 PM ET)

GRT.UN vs. DIR.UN, CHP.UN, TCN, BEI.UN, REI.UN, SRU.UN, FCR.UN, CSH.UN, HR.UN, and AIF

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 Dream Industrial Real Estate Invest Trst (DIR.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), Tricon Residential (TCN), Boardwalk REIT (BEI.UN), RioCan Real Estate Investment Trust (REI.UN), SmartCentres Real Estate Investment Trst (SRU.UN), First Capital Real Estate Investment Trust (FCR.UN), Chartwell Retirement Residences (CSH.UN), H&R Real Estate Investment Trust (HR.UN), and Altus Group (AIF). These companies are all part of the "real estate" sector.

Granite Real Estate Investment Trust vs.

Dream Industrial Real Estate Invest Trst (TSE:DIR.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 businesses based on the strength of their risk, profitability, valuation, analyst recommendations, dividends, media sentiment, community ranking, earnings and institutional ownership.

Dream Industrial Real Estate Invest Trst received 89 more outperform votes than Granite Real Estate Investment Trust when rated by MarketBeat users. Likewise, 64.38% of users gave Dream Industrial Real Estate Invest Trst an outperform vote while only 57.06% of users gave Granite Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Dream Industrial Real Estate Invest TrstOutperform Votes
291
64.38%
Underperform Votes
161
35.62%
Granite Real Estate Investment TrustOutperform Votes
202
57.06%
Underperform Votes
152
42.94%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dream Industrial Real Estate Invest TrstC$443.11M8.05C$104.30MC$0.3636.28
Granite Real Estate Investment TrustC$521.25M8.66C$136.66MC$2.1632.98

31.0% of Dream Industrial Real Estate Invest Trst shares are held by institutional investors. Comparatively, 74.9% of Granite Real Estate Investment Trust shares are held by institutional investors. 3.2% of Dream Industrial Real Estate Invest Trst shares are held by company insiders. Comparatively, 0.3% of Granite Real Estate Investment Trust shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Granite Real Estate Investment Trust has a net margin of 26.22% compared to Granite Real Estate Investment Trust's net margin of 23.54%. Dream Industrial Real Estate Invest Trst's return on equity of 2.57% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Dream Industrial Real Estate Invest Trst23.54% 2.31% 2.51%
Granite Real Estate Investment Trust 26.22%2.57%2.67%

Dream Industrial Real Estate Invest Trst has a beta of 1.24, suggesting that its share price is 24% more volatile than the S&P 500. Comparatively, Granite Real Estate Investment Trust has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500.

In the previous week, Granite Real Estate Investment Trust had 1 more articles in the media than Dream Industrial Real Estate Invest Trst. MarketBeat recorded 2 mentions for Granite Real Estate Investment Trust and 1 mentions for Dream Industrial Real Estate Invest Trst. Granite Real Estate Investment Trust's average media sentiment score of 1.32 beat Dream Industrial Real Estate Invest Trst's score of 0.87 indicating that Dream Industrial Real Estate Invest Trst is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dream Industrial Real Estate Invest Trst
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Granite Real Estate Investment Trust
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Dream Industrial Real Estate Invest Trst presently has a consensus price target of C$15.94, suggesting a potential upside of 22.22%. Granite Real Estate Investment Trust has a consensus price target of C$87.70, suggesting a potential upside of 24.36%. Given Dream Industrial Real Estate Invest Trst's stronger consensus rating and higher probable upside, analysts clearly believe Granite Real Estate Investment Trust is more favorable than Dream Industrial Real Estate Invest Trst.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dream Industrial Real Estate Invest Trst
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
3.22

Dream Industrial Real Estate Invest Trst pays an annual dividend of C$0.70 per share and has a dividend yield of 5.4%. Granite Real Estate Investment Trust pays an annual dividend of C$3.30 per share and has a dividend yield of 4.6%. Dream Industrial Real Estate Invest Trst pays out 194.4% 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 pays out 152.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Granite Real Estate Investment Trust beats Dream Industrial Real Estate Invest Trst on 13 of the 20 factors compared between the two stocks.

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$4.51BC$2.53BC$1.28BC$5.39B
Dividend Yield4.32%5.96%7.58%5.53%
P/E Ratio32.98284.03241.1622.73
Price / Sales8.66814.411,114.091,752.58
Price / Cash17.7855.5554.9179.27
Price / Book0.860.871.353.10
Net IncomeC$136.66MC$7.79M-C$90.39MC$289.60M
7 Day Performance2.21%0.51%0.10%1.36%
1 Month Performance-6.61%0.03%0.13%-0.06%
1 Year Performance-11.55%-3.64%-2.62%22.70%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DIR.UN
Dream Industrial Real Estate Invest Trst
2.1774 of 5 stars
C$12.80
-0.5%
C$15.94
+24.5%
-7.6%C$3.50BC$443.11M35.5690News Coverage
CHP.UN
Choice Properties Real Est Invstmnt Trst
2.0989 of 5 stars
C$13.03
-0.9%
C$14.81
+13.7%
-8.0%C$4.27BC$1.45B14.16238Positive News
TCN
Tricon Residential
2.7048 of 5 stars
N/AC$12.39
+∞
N/AC$4.18BC$884.73M27.39978Upcoming Earnings
BEI.UN
Boardwalk REIT
3.447 of 5 stars
C$73.10
+1.1%
C$84.42
+15.5%
+23.5%C$3.61BC$544.55M5.031,700Analyst Forecast
News Coverage
REI.UN
RioCan Real Estate Investment Trust
2.154 of 5 stars
C$17.64
-2.2%
C$21.21
+20.3%
-12.0%C$5.30BC$1.18B135.69585
SRU.UN
SmartCentres Real Estate Investment Trst
1.5068 of 5 stars
C$22.54
-1.7%
C$26.64
+18.2%
-11.3%C$3.26BC$929.40M9.28337Analyst Forecast
FCR.UN
First Capital Real Estate Investment Trust
0.9609 of 5 stars
C$15.09
-2.3%
C$18.08
+19.8%
+2.1%C$3.20BC$755.87M-23.95364News Coverage
CSH.UN
Chartwell Retirement Residences
0.1798 of 5 stars
C$12.70
-0.6%
C$14.00
+10.2%
+36.0%C$3.03BC$736.74M-48.8514,600News Coverage
HR.UN
H&R Real Estate Investment Trust
1.905 of 5 stars
C$9.11
-1.3%
C$11.60
+27.3%
-19.3%C$2.39BC$903.63M39.61728Positive News
AIF
Altus Group
1.8544 of 5 stars
C$49.17
+0.2%
C$53.11
+8.0%
+19.7%C$2.24BC$772.84M223.503,000Gap Down

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This page (TSE:GRT.UN) was last updated on 5/10/2024 by MarketBeat.com Staff

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