NYSE:GRP.U Granite Real Estate Inc. Staple (GRP.U) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free GRP.U Stock Alerts $51.89 -0.21 (-0.40%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$51.68▼$51.8950-Day Range$49.55▼$57.5652-Week Range$45.35▼$62.55Volume574 shsAverage Volume22,048 shsMarket Capitalization$3.28 billionP/E Ratio20.59Dividend Yield4.43%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendHeadlinesSocial MediaStock AnalysisChartCompetitorsDividendHeadlinesSocial Media Get Granite Real Estate Inc. Staple alerts: Email Address Ad True Market InsidersThe CHIPS Act MotherlodeIf you haven’t heard yet, the CHIPS Act is the US government pouring $280 BILLION into the manufacturing of US semiconductors. A lot of companies will make a fortune from this.Click here to see my #1 investment for 2024. 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 HeadlinesMay 17 at 4:24 AM | americanbankingnews.comDesjardins Equities Analysts Lower Earnings Estimates for Granite Real Estate Inc. Staple (NYSE:GRP.U)May 16 at 1:46 AM | americanbankingnews.comQ2 2024 Earnings Forecast for Granite Real Estate Inc. Staple (NYSE:GRP.U) Issued By DesjardinsMay 12, 2024 | americanbankingnews.comStockNews.com Upgrades Granite Real Estate Inc. Staple (NYSE:GRP.U) to "Buy"May 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.See 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 4/15 Dividend3/27/2024Dividend Payable4/15/2024Ex-Dividend for 5/15 Dividend4/29/2024Dividend Payable5/15/2024Today5/19/2024Next 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 Ratio20.59 Forward P/E Ratio13.24 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$386.07 million Price / Sales8.51 Cash Flow$1.44 per share Price / Cash Flow35.96 Book Value$63.23 per share Price / Book0.82Miscellaneous Outstanding Shares63,280,000Free Float63,107,000Market Cap$3.28 billion OptionableNot Optionable Beta1.15 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key CompetitorsEPR PropertiesNYSE:EPRBlackstone Mortgage TrustNYSE:BXMTTangerNYSE:SKTSabra Health Care REITNASDAQ:SBRAHoward HughesNYSE:HHHView 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 beginning of the year. Since then, GRP.U stock has decreased by 10.1% and is now trading at $51.89. 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 declared a monthly dividend on Wednesday, April 17th. Investors of record on Tuesday, April 30th will be given a dividend of $0.203 per share on Wednesday, May 15th. This represents a $2.44 annualized dividend and a yield of 4.69%. The ex-dividend date is Monday, April 29th. 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 $2.30 per share and currently has a dividend yield of 4.43%. 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 91.27%. 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 54.12% 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 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBuy this small stock before coming AI Tidal WaveChaikin AnalyticsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHow Biden has already won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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