Granite Real Estate Investment Trust Stock Forecast, Price & News

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.

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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.
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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.

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.

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.

Some companies that are related to Granite Real Estate Investment Trust include SEGRO Plc (SGRO.L) (SGRO), Tritax Big Box REIT Plc (BBOX.L) (BBOX), Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), Big Yellow Group (BYG), Safestore (SAFE), WPT Industrial Real Estate Investment (WIR.U), UK Commercial Property REIT (UKCM), Warehouse REIT (WHR), Hansteen (HSTN), Big Yellow Group (BYLOF), BWP Trust (BWP), Centuria Industrial REIT (CIP), FIBRA Prologis (FBBPF) and National Storage REIT (NSR).
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Granite Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GRT.UN."

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

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

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

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

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