Granite Real Estate (GRP.U) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $51.88 to $52.27
• 50-Day Range: $44.57 to $54.03
• 52-Week Range: $38.37 to $65.63
• Volume: 6,196 shs
• Average Volume: 11,700 shs
• Market Capitalization: $3.21 billion
• P/E Ratio: 14.45
• Dividend Yield: 1.15%
• Price Target: N/A
• Consensus Rating: N/A

GRP.U Stock Analysis - Frequently Asked Questions

How have GRP.U shares performed this year?

Granite Real Estate's stock was trading at $48.54 at the start of the year. Since then, GRP.U shares have increased by 7.7% and is now trading at $52.2990.

How were Granite Real Estate's earnings last quarter?

Granite Real Estate Inc. (NYSE:GRP.U) released its quarterly earnings results on Wednesday, November, 6th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.31. The firm had revenue of $104.02 million for the quarter. Granite Real Estate had a net margin of 54.25% and a trailing twelve-month return on equity of 5.66%.
Read the conference call transcript.

How do I buy shares of Granite Real Estate?

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.

Company Calendar

• Last Earnings: 11/06/2024
• Record date for 6/16 Dividend: 5/30/2025
• Ex-Dividend for 6/16 Dividend: 5/30/2025
• Dividend Payable: 6/16/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Today: 7/13/2025
• Dividend Payable: 7/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Real Estate
• Current Symbol: NYSE:GRP.U
• CIK: N/A
• Web: www.granitereit.com
• Phone: 64-7925-7500
• Fax: N/A
• Employees: 54
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $3.62
• Trailing P/E Ratio: 14.45
• Forward P/E Ratio: 13.73
• P/E Growth: N/A
• Net Income: $263.17 million
• Net Margins: 54.25%
• Pretax Margin: 59.07%
• Return on Equity: 5.66%
• Return on Assets: 3.33%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 1.25
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $415.37 million
• Price / Sales: 7.72
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $66.73 per share
• Price / Book: 0.78

Miscellaneous

• Outstanding Shares: 61,320,000
• Free Float: 61,154,000
• Market Cap: $3.21 billion
• Optionable: Not Optionable
• Beta: N/A