TSE:GRT.UN

Granite Real Estate Investment Trust - GRT.UN Stock Forecast, Price & News

C$66.67

+1.79 (+2.76%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: C$65.00
▼
C$67.20
50-Day Range: C$64.88
▼
C$82.64
52-Week Range: C$64.73
▼
C$105.79

Volume: 335,022 shs
Average Volume: 167,942 shs
Market Capitalization: C$4.36 billion

P/E Ratio: 3.96
Dividend Yield: 4.65%
Price Target: C$101.86

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

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.

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GRT.UN Stock News Headlines

October 1, 2022 | americanbankingnews.com

Granite Real Estate Investment Trust (TSE:GRT.UN) Receives C$101.86 Consensus Price Target from Brokerages

September 24, 2022 | ca.finance.yahoo.com

1 Value Stock Every Canadian Investor Should Own

September 22, 2022 | msn.com

2 Promising Real Estate Stocks to Buy at a Discounted Price

September 14, 2022 | ca.finance.yahoo.com

Forget the P/E Ratio: This is What Investors Need to Know

September 14, 2022 | msn.com

3 Valuable TSX Stocks for Solid TFSA Passive Income

September 9, 2022 | msn.com

Got $6,000? Create $33 in Passive Income Every Month for Life

August 8, 2022 | finance.yahoo.com

Granite Point Mortgage Trust (GPMT) Matches Q2 Earnings Estimates

August 8, 2022 | ca.finance.yahoo.com

2 Stocks to Invest in U.S. Real Estate

July 27, 2022 | fool.ca

Recession or Not, These 2 Real Estate Stocks Are Already Ultra-Cheap

June 23, 2022 | msn.com

Real Estate Is About to Get Ugly: The Decades Long Bull Run Is Over

June 8, 2022 | fool.ca

Passive Income: 1 Top REIT for Steady Monthly Dividends

May 30, 2022 | fool.ca

Better Buy: Real Estate or REITs?

May 21, 2022 | fool.ca

Undervalued REITs to Buy as Markets Plunge Into a Bear Market

May 16, 2022 | msn.com

2 REITs Could Double Your Capital Within a Decade

May 13, 2022 | msn.com

Rental vs. REIT Income: Which 1 Is Right for You?

May 8, 2022 | fool.ca

2 Dirt-Cheap REITs to Stash in Your TFSA

April 27, 2022 | msn.com

The 2 Best Canadian REITs to Buy for Reliable Passive Income

April 25, 2022 | fool.ca

3 Growth Stock REITs to Buy for the Next Decade

April 16, 2022 | ca.investing.com

3 TSX Dividend Stocks Better Than a Rental Property

January 11, 2022 | msn.com

Get Monthly Passive Income From 2 Canadian REITs

December 22, 2021 | fool.ca

2 Great TSX Stocks You Can Buy for $100

December 6, 2021 | msn.com

3 of the Best Canadian REITs for 2022

November 15, 2021 | msn.com

Retirees: 3 Super Dividend Stocks to Own for Passive Income

August 4, 2021 | finance.yahoo.com

What Kind Of Shareholders Hold The Majority In Granite Real Estate Investment Trust's (TSE:GRT.UN) Shares?

July 28, 2021 | fool.ca

Dividend Income Investors: 5 Top Canadian Stocks to Buy Now

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GRT.UN Company Calendar

Ex-Dividend for 9/15 Dividend: 8/30/2022
Dividend Payable: 9/15/2022
Today: 10/02/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Industrial
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:GRT.UN
CUSIP: N/A
CIK: N/A
Web: www.graniterealestate.com
Phone: 647-925-7500
Fax: N/A
Employees: 44
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$101.86
High Stock Price Forecast: C$115.00
Low Stock Price Forecast: C$90.00
Forecasted Upside/Downside: +52.8%
Consensus Rating: Buy
Rating Score (0-4): 3.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 3.96
Forward P/E Ratio: 18.99
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 48.12
Current Ratio: 2.36
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: C$421.94 million
Price / Sales: 10.34
Cash Flow: C$2.41 per share
Price / Cash Flow: 27.68
Book Value: C$85.92 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 65,420,800
Free Float: N/A
Market Cap: C$4.36 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Ilias Konstantopoulos
Chief Financial Officer

Mr. Kevan S. Gorrie (Age 50)
Pres, CEO & Director

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

Key Competitors

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GRT.UN Stock - Frequently Asked Questions

Should I buy or sell Granite Real Estate Investment Trust stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Granite Real Estate Investment Trust in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GRT.UN shares.
View GRT.UN analyst ratings or view top-rated stocks.
What is Granite Real Estate Investment Trust's stock price forecast for 2022?: 6 equities research analysts have issued 1 year price objectives for Granite Real Estate Investment Trust's shares. Their GRT.UN share price forecasts range from C$90.00 to C$115.00. On average, they anticipate the company's stock price to reach C$101.86 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price.
View analysts price targets for GRT.UN or view top-rated stocks among Wall Street analysts.
How have GRT.UN shares performed in 2022?: Granite Real Estate Investment Trust's stock was trading at C$105.40 on January 1st, 2022. Since then, GRT.UN shares have decreased by 36.7% and is now trading at C$66.67.
View the best growth stocks for 2022 here.
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 Tuesday, August 30th. Investors of record on Thursday, September 15th will be paid a dividend of 0.2583 per share on Thursday, September 15th. This represents a $3.10 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend is Tuesday, August 30th.
Read our dividend analysis for GRT.UN.

Is Granite Real Estate Investment Trust a good dividend stock?: Granite Real Estate Investment Trust (TSE:GRT.UN) pays an annual dividend of C$3.10 per share and currently has a dividend yield of 4.65%. GRT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GRT.UN.
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 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.
What is Granite Real Estate Investment Trust's stock price today?: One share of GRT.UN stock can currently be purchased for approximately C$66.67.
How much money does Granite Real Estate Investment Trust make?: Granite Real Estate Investment Trust (TSE:GRT.UN) has a market capitalization of C$4.36 billion and generates C$421.94 million in revenue each year.
How can I contact Granite Real Estate Investment Trust?: The official website for the company is www.graniterealestate.com. The company can be reached via phone at 647-925-7500.

This page (TSE:GRT.UN) was last updated on 10/2/2022 by MarketBeat.com Staff

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