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TSE:GRT.UNGranite Real Estate Investment Trust Stock Price, Forecast & News

C$71.34
+1.28 (+1.83 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
C$70.56
Now: C$71.34
C$71.88
50-Day Range
C$63.09
MA: C$67.27
C$70.99
52-Week Range
C$40.77
Now: C$71.34
C$74.99
Volume138,452 shs
Average Volume78,930 shs
Market CapitalizationC$4.13 billion
P/E Ratio9.93
Dividend Yield4.28%
BetaN/A
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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Granite Real Estate Investment Trust logo

Beat the Market (BTM) Rank

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

Industry REIT - Industrial
Sub-IndustryN/A
Current SymbolTSE:GRT.UN
CUSIPN/A
CIKN/A
Phone647-925-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$287.71 million
Cash FlowC$4.80 per share
Book ValueC$62.85 per share

Profitability

Miscellaneous

Employees44
Market CapC$4.13 billion
Next Earnings DateN/A
OptionableNot Optionable

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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. Since then, GRT.UN stock has increased by 12.7% and is now trading at C$71.34. 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 declared a monthly dividend on Thursday, May 28th. Shareholders of record on Monday, June 15th will be given a dividend of 0.242 per share on Monday, June 15th. This represents a $2.90 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, May 28th. View Granite Real Estate Investment Trust's dividend history.

What price target have analysts set for GRT.UN?

4 equities research analysts have issued 1-year target prices for Granite Real Estate Investment Trust's stock. Their forecasts range from C$72.00 to C$76.00. On average, they anticipate Granite Real Estate Investment Trust's share price to reach C$74.63 in the next twelve months. This suggests a possible upside of 4.6% 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 stories about GRT.UN stock have been trending somewhat negative recently, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Granite Real Estate Investment Trust earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Granite Real Estate Investment Trust.

Who are some of Granite Real Estate Investment Trust's key 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 Officer
  • Mr. Kevan S. Gorrie, Pres, CEO & Director (Age 50)
  • 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

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$71.34.

How big of a company is Granite Real Estate Investment Trust?

Granite Real Estate Investment Trust has a market capitalization of C$4.13 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 7/3/2020 by MarketBeat.com Staff

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