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TSE:GRT.UN

Granite Real Estate Investment Trust (GRT.UN) Stock Price, News & Analysis

C$74.51
-0.50 (-0.67%)
(As of 07/23/2024 ET)
Today's Range
C$74.19
C$75.01
50-Day Range
C$65.13
C$75.01
52-Week Range
C$62.72
C$80.81
Volume
48,928 shs
Average Volume
84,567 shs
Market Capitalization
C$4.69 billion
P/E Ratio
21.85
Dividend Yield
4.43%
Price Target
C$87.70

Granite Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.22 Rating Score
Upside/​Downside
17.7% Upside
C$87.70 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Granite Real Estate Investment Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.94 out of 5 stars

GRT.UN stock logo

About Granite Real Estate Investment Trust Stock (TSE:GRT.UN)

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 62.9 million square feet of leasable area.

GRT.UN Stock Price History

GRT.UN Stock News Headlines

Granite REIT Declares Distribution for July 2024
This AI made her leave her job
This AI trading tool is probably unlike anything you've ever seen before… It scans the entire market and finds hot stocks that you probably have never even heard of… …it recommends the best potential strategy to use on the names it finds (with historical data to prove it)
Granite REIT Declares Distribution for May 2024
Granite Announces 2024 First Quarter Results
Granite REIT: Rock Around The Clock
This AI made her leave her job
This AI trading tool is probably unlike anything you've ever seen before… It scans the entire market and finds hot stocks that you probably have never even heard of… …it recommends the best potential strategy to use on the names it finds (with historical data to prove it)
Granite REIT Declares Distribution for January 2024
Granite REIT Declares Distribution for November 2023
BMO Capital Thinks Granite Real Estate’s Stock is Going to Recover
How to Invest $10,000 Today for Decades of Safe Passive Income
Granite REIT Declares Distribution for August 2023
RBC Capital Keeps a Buy Rating on Granite Real Estate (GRT.UN)
Granite REIT Declares Distribution for July 2023
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/24/2024

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
Real Estate
Current Symbol
TSE:GRT.UN
CIK
N/A
Fax
N/A
Employees
54
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$87.70
High Stock Price Target
C$91.00
Low Stock Price Target
C$84.00
Potential Upside/Downside
+17.7%
Consensus Rating
Buy
Rating Score (0-4)
3.22
Research Coverage
9 Analysts

Profitability

Net Income
C$216.01 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$530.59 million
Cash Flow
C$4.19 per share
Book Value
C$85.05 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.69 billion
Optionable
Not Optionable
Beta
1.16
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Key Executives

  • Mr. Kevan S. Gorrie ICD.D (Age 55)
    P. Eng, President, CEO & Trustee
    Comp: $1.99M
  • Ms. Teresa Neto CA (Age 58)
    Chief Financial Officer
    Comp: $960.47k
  • Mr. Michael A. Ramparas
    Executive VP of Global Real Estate & Head of Investments
  • Mr. Lawrence Clarfield
    Executive VP, General Counsel & Corporate Secretary
  • Mr. Lorne Kumer
    Executive VP & Head of Global Real Estate
  • Andrea Sanelli
    Manager of Legal & Investor Services
  • Mr. Witsard Schaper
    Senior VP & Head of Europe
  • Ms. Kristy Boys
    Senior Vice President of Finance
  • Mr. Jon Sorg
    Senior VP & Head of U.S.
  • Mr. Keith Stephen
    Vice President of Sustainability & Environment

GRT.UN Stock Analysis - Frequently Asked Questions

How have GRT.UN shares performed this year?

Granite Real Estate Investment Trust's stock was trading at C$76.28 on January 1st, 2024. Since then, GRT.UN shares have decreased by 2.3% and is now trading at C$74.51.
View the best growth stocks for 2024 here
.

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

Shares of GRT.UN stock 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.

This page (TSE:GRT.UN) was last updated on 7/24/2024 by MarketBeat.com Staff

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