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S&P 500   3,768.47
DOW   30,924.14
QQQ   304.10
S&P 500   3,768.47
DOW   30,924.14
QQQ   304.10
S&P 500   3,768.47
DOW   30,924.14
QQQ   304.10
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TSE:GRT.UN

Granite Real Estate Investment Trust Stock Forecast, Price & News

C$72.89
+0.34 (+0.47 %)
(As of 03/4/2021 12:00 AM ET)
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Today's Range
C$72.15
Now: C$72.89
C$75.29
50-Day Range
C$72.55
MA: C$75.48
C$77.89
52-Week Range
C$40.77
Now: C$72.89
C$80.06
Volume443,787 shs
Average Volume171,735 shs
Market CapitalizationC$4.50 billion
P/E Ratio11.95
Dividend Yield4.14%
BetaN/A
Granite is a Canadian based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns over 85 investment properties representing approximately 34 million square feet of leasable area.
Granite Real Estate Investment Trust logo

Headlines

Canadian REIT plans 605K-SF warehouse in south Fort Worth
February 17, 2021 |  bizjournals.com
Granite Real Estate Investment Trust
January 17, 2021 |  cnbc.com
Granite REIT Declares Distribution for November 2020
November 17, 2020 |  businesswire.com
Granite REIT prices C$500M green bond offering
June 3, 2020 |  seekingalpha.com
Granite REIT: Rock Solid
April 1, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry REIT - Industrial
Sub-IndustryN/A
Current SymbolTSE:GRT.UN
CUSIPN/A
CIKN/A
Phone647-925-7500
Employees44
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$320.49 million
Cash FlowC$9.33 per share
Book ValueC$62.59 per share

Profitability

Miscellaneous

Market CapC$4.50 billion
Next Earnings DateN/A
OptionableNot Optionable

MarketRank

Overall MarketRank

1.63 out of 5 stars

Analyst Opinion: 2.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
C$72.89
+0.34 (+0.47 %)
(As of 03/4/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Granite Real Estate Investment Trust (TSE:GRT.UN) Frequently Asked Questions

Is Granite Real Estate Investment Trust a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Granite Real Estate Investment Trust in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Granite Real Estate Investment Trust stock.
View analyst ratings for Granite Real Estate Investment Trust
or view top-rated stocks.

What stocks does MarketBeat like better than Granite Real Estate Investment Trust?

Wall Street analysts have given Granite Real Estate Investment Trust a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Granite Real Estate Investment Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Granite Real Estate Investment Trust's stock been impacted by COVID-19 (Coronavirus)?

Granite Real Estate Investment Trust's stock was trading at C$63.29 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GRT.UN stock has increased by 15.2% and is now trading at C$72.89.
View which stocks have been most impacted by COVID-19
.

How often does Granite Real Estate Investment Trust pay dividends? What is the dividend yield for Granite Real Estate Investment Trust?

Granite Real Estate Investment Trust declared a monthly dividend on Friday, February 26th. Shareholders of record on Monday, March 15th will be given a dividend of 0.25 per share on Monday, March 15th. This represents a $3.00 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend is Friday, February 26th. This is a positive change from Granite Real Estate Investment Trust's previous monthly dividend of C$0.24.
View Granite Real Estate Investment Trust's dividend history
.

Is Granite Real Estate Investment Trust a good dividend stock?

Granite Real Estate Investment Trust pays an annual dividend of C$2.89 per share and currently has a dividend yield of 4.14%. GRT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Granite Real Estate Investment Trust is 47.32%. This payout ratio is at a healthy, sustainable level, below 75%.
View Granite Real Estate Investment Trust's dividend history.

What price target have analysts set for GRT.UN?

3 equities research analysts have issued 1-year price objectives for Granite Real Estate Investment Trust's shares. Their forecasts range from C$73.75 to C$88.50. On average, they anticipate Granite Real Estate Investment Trust's stock price to reach C$82.61 in the next year. This suggests a possible upside of 13.3% from the stock's current price.
View analysts' price targets for Granite Real Estate Investment Trust
or view top-rated stocks among Wall Street analysts.

Who are Granite Real Estate Investment Trust's key executives?

Granite Real Estate Investment Trust's management team includes the following people:
  • Mr. Ilias Konstantopoulos, Chief Financial Officer
  • Mr. Kevan S. Gorrie, Pres, CEO & Director (Age 50)
  • Mr. Lyle Strachan, Exec. VP of Fin. of the Racing & Gaming Division
  • Mr. Don Mathew, VP, Real Estate Investment
  • Mr. George Haines, Interim Pres of Santa Anita Park & Golden Gate Fields

Who are some of Granite Real Estate Investment Trust's key competitors?

What is Granite Real Estate Investment Trust's stock symbol?

Granite Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GRT.UN."

How do I buy shares of Granite Real Estate Investment Trust?

Shares of GRT.UN and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Granite Real Estate Investment Trust's stock price today?

One share of GRT.UN stock can currently be purchased for approximately C$72.89.

How much money does Granite Real Estate Investment Trust make?

Granite Real Estate Investment Trust has a market capitalization of C$4.50 billion and generates C$320.49 million in revenue each year.

How many employees does Granite Real Estate Investment Trust have?

Granite Real Estate Investment Trust employs 44 workers across the globe.

What is Granite Real Estate Investment Trust's official website?

The official website for Granite Real Estate Investment Trust is www.graniterealestate.com.

How can I contact Granite Real Estate Investment Trust?

The company can be reached via phone at 647-925-7500.


This page was last updated on 3/5/2021 by MarketBeat.com Staff

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