NYSE:GRP.U Granite Real Estate Inc. Staple (GRP.U) Stock Price, News & Analysis → Nvidia needs this one obscure firm (From Porter & Company) (Ad) Free GRP.U Stock Alerts $48.87 -6.14 (-11.16%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$48.30▼$49.2850-Day Range$48.36▼$56.9352-Week Range$45.35▼$62.46Volume1,819 shsAverage Volume18,061 shsMarket Capitalization$3.08 billionP/E Ratio19.39Dividend Yield4.58%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendHeadlinesTrendsStock AnalysisChartCompetitorsDividendHeadlinesTrends Get Granite Real Estate Inc. Staple alerts: Email Address Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Granite Real Estate Inc. Staple Stock (NYSE:GRP.U)Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing. Granite Real Estate Investment Trust, formerly known as Granite Real Estate Inc., is based in Toronto, Canada.Read More GRP.U Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GRP.U Stock News HeadlinesJune 9 at 4:02 AM | americanbankingnews.comGranite Real Estate Inc. Staple (NYSE:GRP.U) Shares Gap Down to $55.01May 22, 2024 | marketwatch.comGranite REIT Gets TSX Okay to Buy Back 10% of Public FloatMay 9, 2024 | msn.comGranite Point Mortgage Trust Inc. (NYSE:GPMT) Q1 2024 Earnings Call TranscriptMay 9, 2024 | msn.comGRP/U Stock Earnings: Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. Reported ...April 12, 2024 | msn.comSouthern California real estate hiring slows to a crawlMarch 15, 2024 | marketwatch.comGranite Point Mortgage Cuts Dividend by 25% to 15 CentsMarch 13, 2024 | msn.comGranite Construction maintains quarterly dividend of $0.13February 21, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: Realty Income (O) and Centerspace (CSR)February 21, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Real Estate Stocks: Public Storage (PSA), CoStar Group (CSGP)February 20, 2024 | msn.comIs Engineered Quartz the New Granite?February 20, 2024 | msn.comSale of Granite City treatment plant has residents paying double in billsFebruary 20, 2024 | seekingalpha.comGranite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend YieldFebruary 2, 2024 | tmcnet.comGranite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference CallJanuary 17, 2024 | msn.comGranite REIT declares CAD 0.275 dividendJanuary 6, 2024 | morningstar.comGranite Real Estate Investment Trust Stapled Units Cons of 1 Shs of Granite GRP.UDecember 20, 2023 | morningstar.comGranite Real Estate Investment Trust Stapled Units Cons of 1 Shs of GraniteDecember 19, 2023 | tmcnet.comGranite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business UpdateDecember 12, 2023 | bizjournals.comIncoming Granite Properties CEO pushes 'experiential real estate' amid lingering office concernsNovember 28, 2023 | news.yahoo.comGranite City steel mill expects to lay off 600 workers, company saysNovember 10, 2023 | msn.comNew owner of Granite Ridge hoping to use property to honor veteransOctober 31, 2023 | marketwatch.comGranite Construction Shares Pop 17% After 3Q ResultsOctober 29, 2023 | msn.comGranite Point Mortgage Offers An 11% Yield On Its Preferred SharesJuly 31, 2023 | bizjournals.comU.S. Steel gives projects update, including planned sale of Metro East blast furnacesJuly 8, 2023 | msn.comThere's granite on the moon. No one knows how it got there.June 16, 2023 | benzinga.comGranite REIT Declares Distribution for June 2023See More Headlines Receive GRP.U Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Granite Real Estate Inc. Staple and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/15 Dividend4/29/2024Dividend Payable5/15/2024Ex-Dividend for 6/14 Dividend5/31/2024Today6/09/2024Dividend Payable6/14/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:GRP.U CUSIPN/A CIKN/A Webwww.granitereit.com Phone64-7925-7500FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.52 Trailing P/E Ratio19.39 Forward P/E Ratio12.47 P/E GrowthN/ANet Income$101.24 million Net Margins40.76% Pretax Margin41.90% Return on Equity4.03% Return on Assets2.36% Debt Debt-to-Equity Ratio0.57 Current Ratio1.65 Quick Ratio1.65 Sales & Book Value Annual Sales$530.59 million Price / Sales5.80 Cash Flow$1.45 per share Price / Cash Flow33.73 Book Value$61.86 per share Price / Book0.79Miscellaneous Outstanding Shares63,009,000Free Float62,839,000Market Cap$3.08 billion OptionableNot Optionable Beta1.17 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key CompetitorsGaming and Leisure PropertiesNASDAQ:GLPILamar AdvertisingNASDAQ:LAMREquity LifeStyle PropertiesNYSE:ELSRegency CentersNASDAQ:REGCamden Property TrustNYSE:CPTView All Competitors GRP.U Stock Analysis - Frequently Asked Questions How have GRP.U shares performed in 2024? Granite Real Estate Inc. Staple's stock was trading at $57.71 at the start of the year. Since then, GRP.U stock has decreased by 15.3% and is now trading at $48.87. View the best growth stocks for 2024 here. When is Granite Real Estate Inc. Staple's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our GRP.U earnings forecast. How often does Granite Real Estate Inc. Staple pay dividends? What is the dividend yield for Granite Real Estate Inc. Staple? Granite Real Estate Inc. Staple announced a monthly dividend on Friday, May 17th. Shareholders of record on Friday, May 31st will be given a dividend of $0.20 per share on Friday, June 14th. This represents a $2.40 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date of this dividend is Friday, May 31st. Read our dividend analysis for GRP.U. Is Granite Real Estate Inc. Staple a good dividend stock? Granite Real Estate Inc. Staple (NYSE:GRP.U) pays an annual dividend of $2.24 per share and currently has a dividend yield of 4.08%. GRP.U has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GRP.U will have a dividend payout ratio of 52.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GRP.U. How do I buy shares of Granite Real Estate Inc. Staple? Shares of GRP.U stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:GRP.U) was last updated on 6/9/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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