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Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
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S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
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)
Add
Compare
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
GRT.UN stock logo

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

1 Value Stock Every Canadian Investor Should Own
Forget the P/E Ratio: This is What Investors Need to Know
2 Stocks to Invest in U.S. Real Estate
Better Buy: Real Estate or REITs?
3 TSX Dividend Stocks Better Than a Rental Property
2 Great TSX Stocks You Can Buy for $100
3 of the Best Canadian REITs for 2022
See More Headlines
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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

Industry, Sector and Symbol

Industry
REIT - Industrial
Sub-Industry
N/A
Current Symbol
TSE:GRT.UN
CIK
N/A
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

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$421.94 million
Cash Flow
C$2.41 per share
Book Value
C$85.92 per share

Miscellaneous

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













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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