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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
TSE:GRT.UN

Granite Real Estate Investment Trust (GRT.UN) Competitors

C$80.10
+0.80 (+1.01%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$79.94
C$80.86
50-Day Range
C$79.30
C$85.95
52-Week Range
C$63.29
C$92.43
Volume
27,483 shs
Average Volume
90,043 shs
Market Capitalization
C$5.11 billion
P/E Ratio
N/A
Dividend Yield
4.00%
Price Target
C$97.63

GRT.UN vs. SMU.UN, DIR.UN, WIR.U, CIGI, CHP.UN, REI.UN, SRU.UN, DRG.UN, FCR.UN, and TCN

Should you be buying Granite Real Estate Investment Trust stock or one of its competitors? The main competitors of Granite Real Estate Investment Trust include Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), WPT Industrial Real Estate Investment (WIR.U), Colliers International Group (CIGI), Choice Properties Real Est Invstmnt Trst (CHP.UN), RioCan Real Estate Investment Trust (REI.UN), SmartCentres Real Estate Investment Trst (SRU.UN), Dream Global REIT (DRG.UN), First Capital Realty (FCR.UN), and Tricon Residential (TCN). These companies are all part of the "real estate" sector.

Granite Real Estate Investment Trust vs.

Summit Industrial Income REIT (TSE:SMU.UN) and Granite Real Estate Investment Trust (TSE:GRT.UN) are both mid-cap real estate companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, media sentiment, valuation, community ranking, profitability, analyst recommendations, earnings and dividends.

In the previous week, Granite Real Estate Investment Trust had 1 more articles in the media than Summit Industrial Income REIT. MarketBeat recorded 1 mentions for Granite Real Estate Investment Trust and 0 mentions for Summit Industrial Income REIT. Granite Real Estate Investment Trust's average media sentiment score of 1.08 beat Summit Industrial Income REIT's score of 0.00 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Summit Industrial Income REIT Neutral
Granite Real Estate Investment Trust Positive

Summit Industrial Income REIT has a net margin of 0.00% compared to Granite Real Estate Investment Trust's net margin of -69.71%. Summit Industrial Income REIT's return on equity of 0.00% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Summit Industrial Income REIT N/A N/A N/A
Granite Real Estate Investment Trust -69.71% -5.91% 2.46%

Summit Industrial Income REIT pays an annual dividend of C$0.57 per share. Granite Real Estate Investment Trust pays an annual dividend of C$3.20 per share and has a dividend yield of 4.0%. Summit Industrial Income REIT pays out 21.6% of its earnings in the form of a dividend. Granite Real Estate Investment Trust pays out -64.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Granite Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Granite Real Estate Investment Trust has a consensus target price of C$97.63, indicating a potential upside of 21.88%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit Industrial Income REIT
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17

Granite Real Estate Investment Trust received 161 more outperform votes than Summit Industrial Income REIT when rated by MarketBeat users. Likewise, 56.23% of users gave Granite Real Estate Investment Trust an outperform vote while only 53.33% of users gave Summit Industrial Income REIT an outperform vote.

CompanyUnderperformOutperform
Summit Industrial Income REITOutperform Votes
24
53.33%
Underperform Votes
21
46.67%
Granite Real Estate Investment TrustOutperform Votes
185
56.23%
Underperform Votes
144
43.77%

Summit Industrial Income REIT has higher earnings, but lower revenue than Granite Real Estate Investment Trust. Granite Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Summit Industrial Income REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Summit Industrial Income REITC$246.09 million0.00C$501.55 millionC$2.64N/A
Granite Real Estate Investment TrustC$476.60 million10.71-C$332.22 million-C$4.98-16.08

30.6% of Summit Industrial Income REIT shares are held by institutional investors. Comparatively, 74.4% of Granite Real Estate Investment Trust shares are held by institutional investors. 6.9% of Summit Industrial Income REIT shares are held by company insiders. Comparatively, 0.4% of Granite Real Estate Investment Trust shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Granite Real Estate Investment Trust beats Summit Industrial Income REIT on 11 of the 17 factors compared between the two stocks.


New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRT.UN vs. The Competition

MetricGranite Real Estate Investment TrustREIT IndustryReal Estate SectorTSE Exchange
Market CapC$5.11BC$2.71BC$1.41BC$4.62B
Dividend Yield3.92%5.30%6.55%5.05%
P/E Ratio-16.08287.21191.8423.57
Price / Sales10.71750.81350.391,320.26
Price / Cash17.7864.5570.0979.58
Price / Book0.940.821.193.54
Net Income-C$332.22M-C$175.94MC$126,476.19C$342.13M
7 Day Performance-1.81%-2.33%-1.08%-2.62%
1 Month Performance-4.94%-5.17%-3.50%-3.88%
1 Year Performance-11.10%-7.95%-19.54%6.67%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SMU.UN
Summit Industrial Income REIT
0 of 5 stars
C$23.48
+0.1%
N/AN/AC$4.46BC$246.09M8.89N/A
DIR.UN
Dream Industrial Real Estate Invest Trst
2.059 of 5 stars
C$14.02
+0.2%
C$17.25
+23.0%
-2.8%C$3.61BC$408.72M16.8990
WIR.U
WPT Industrial Real Estate Investment
0 of 5 stars
N/AN/AN/AC$1.84BC$217.88M4.6822High Trading Volume
CIGI
Colliers International Group
1.5556 of 5 stars
C$127.81
-0.3%
C$160.00
+25.2%
-14.2%C$5.43BC$4.46B96.1016,780
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.5194 of 5 stars
C$13.87
-0.4%
C$15.54
+12.0%
-8.0%C$4.55BC$1.34B15.94238
REI.UN
RioCan Real Estate Investment Trust
1.684 of 5 stars
C$20.21
+0.2%
C$24.65
+22.0%
-11.6%C$6.07BC$1.24B25.91585
SRU.UN
SmartCentres Real Estate Investment Trst
1.6944 of 5 stars
C$25.67
+0.0%
C$30.42
+18.5%
-13.1%C$3.71BC$826.83M14.26337
DRG.UN
Dream Global REIT
0 of 5 stars
N/AN/AN/AC$3.27BC$500.82M4.7865
FCR.UN
First Capital Realty
1.8132 of 5 stars
C$14.94
+0.1%
C$19.83
+32.8%
-4.4%C$3.17BC$712.20M-20.75364
TCN
Tricon Residential
2.0199 of 5 stars
C$10.84
-0.1%
C$12.79
+17.9%
-30.7%C$2.95BC$837.53M4.09968Analyst Revision
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This page (TSE:GRT.UN) was last updated on 5/28/2023 by MarketBeat.com Staff

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