TSE:GRT.UNGranite Real Estate Investment Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Granite Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$69.74 +1.16 (+1.69 %) (As of 05/26/2020 08:48 AM ET) Add Compare Share Today's RangeC$68.91Now: C$69.74▼C$70.3650-Day RangeC$55.14MA: C$63.36▼C$68.5852-Week RangeC$40.77Now: C$69.74▼C$74.99Volume144,542 shsAverage Volume78,930 shsMarket CapitalizationC$3.74 billionP/E Ratio9.70Dividend Yield4.29%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendInsider TradesHeadlinesSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingGranite Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$72.08, Granite Real Estate Investment Trust has a potential upside of 3.4% from its current price of C$69.74.Amount of Analyst CoverageGranite Real Estate Investment Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesGranite Real Estate Investment Trust has received 134 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGranite Real Estate Investment Trust has received 232 “underperform” votes. (Add your “underperform” vote.)Community SentimentGranite Real Estate Investment Trust has received 63.39% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Granite Real Estate Investment Trust and other stocks. Vote “Outperform” if you believe GRT.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GRT.UN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipGranite Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Granite Real Estate Investment Trust is 40.35 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Granite Real Estate Investment Trust insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Granite Real Estate Investment Trust are expected to decrease by -100.00% in the coming year, from C$3.51 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Real Estate Investment Trust is 9.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Real Estate Investment Trust is 9.70, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.66.Price to Book Value per Share RatioGranite Real Estate Investment Trust has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.41 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry REIT - Industrial Sub-IndustryN/A SectorReal Estate Current SymbolTSE:GRT.UN Previous Symbol CUSIPN/A CIKN/A Webwww.graniterealestate.com Phone647-925-7500Debt Debt-to-Equity Ratio38.90 Current Ratio3.18 Quick Ratio3.12Price-To-Earnings Trailing P/E Ratio9.70 Forward P/E Ratio19.87 P/E GrowthN/A Sales & Book Value Annual SalesC$287.71 million Price / Sales12.99 Cash FlowC$4.59 per share Price / Cash Flow15.18 Book ValueC$62.85 per share Price / Book1.11Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees44 Outstanding Shares53,583,200Market CapC$3.74 billion Next Earnings DateN/A OptionableNot Optionable TSX:GRT.UN Rates by TradingView Receive GRT.UN News and Ratings via Email Sign-up to receive the latest news and ratings for GRT.UN and its competitors with MarketBeat's FREE daily newsletter. Granite Real Estate Investment Trust (TSE:GRT.UN) Frequently Asked Questions 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GRT.UN stock has increased by 10.2% and is now trading at C$69.74. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Granite Real Estate Investment Trust? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Real Estate Investment Trust in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Granite Real Estate Investment Trust. 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 announced a monthly dividend on Thursday, February 27th. Stockholders of record on Monday, March 16th will be paid a dividend of 0.242 per share on Monday, March 16th. This represents a $2.90 annualized dividend and a yield of 4.16%. The ex-dividend date is Thursday, February 27th. This is an increase from Granite Real Estate Investment Trust's previous monthly dividend of C$0.23. View Granite Real Estate Investment Trust's dividend history. What price target have analysts set for GRT.UN? 4 analysts have issued 1 year price objectives for Granite Real Estate Investment Trust's stock. Their forecasts range from C$68.00 to C$76.00. On average, they anticipate Granite Real Estate Investment Trust's stock price to reach C$72.08 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View analysts' price targets for Granite Real Estate Investment Trust. Has Granite Real Estate Investment Trust been receiving favorable news coverage? Media headlines about GRT.UN stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Granite Real Estate Investment Trust earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutGranite Real Estate Investment Trust. Who are some of Granite Real Estate Investment Trust's key competitors? Some companies that are related to Granite Real Estate Investment Trust include SEGRO (SGRO), Tritax Big Box REIT (BBOX), BWP Trust (BWP), Big Yellow Group (BYG), Dream Industrial Real Estate Invest Trst (DIR.UN), Safestore (SAFE), Summit Industrial Income REIT (SMU.UN), National Storage REIT Stapled Securities (NSR), WPT Industrial Real Estate Investment (WIR.U), Centuria Industrial Reit (CIP), UK Commercial Property REIT (UKCM), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Ind Re (PLYM) and Plymouth Industrial Reit (PLYM). View all competitors. 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 OfficerMr. Kevan S. Gorrie, Pres, CEO & Director (Age 50)Mr. Lyle Strachan, Exec. VP of Fin. of the Racing & Gaming DivisionMr. Don Mathew, VP, Real Estate InvestmentMr. George Haines, Interim Pres of Santa Anita Park & Golden Gate Fields 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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Granite Real Estate Investment Trust's stock price today? One share of GRT.UN stock can currently be purchased for approximately C$69.74. How big of a company is Granite Real Estate Investment Trust? Granite Real Estate Investment Trust has a market capitalization of C$3.74 billion and generates C$287.71 million in revenue each year. 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 5/26/2020 by MarketBeat.com Staff
