Granite Real Estate Investment Trust (GRT.UN) Competitors

C$68.68
-0.56 (-0.81%)
(As of 04/25/2024 ET)

GRT.UN vs. DIR.UN, CHP.UN, TCN, BEI.UN, REI.UN, SRU.UN, FCR.UN, CSH.UN, HR.UN, and AIF

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 Dream Industrial Real Estate Invest Trst (DIR.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), Tricon Residential (TCN), Boardwalk REIT (BEI.UN), RioCan Real Estate Investment Trust (REI.UN), SmartCentres Real Estate Investment Trst (SRU.UN), First Capital Realty (FCR.UN), Chartwell Retirement Residences (CSH.UN), H&R Real Estate Investment Trust (HR.UN), and Altus Group (AIF). These companies are all part of the "real estate" sector.

Granite Real Estate Investment Trust vs.

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dream Industrial Real Estate Invest TrstC$443.11M7.62C$104.30MC$0.3634.31
Granite Real Estate Investment TrustC$521.25M8.35C$136.66MC$2.1631.80

Dream Industrial Real Estate Invest Trst currently has a consensus target price of C$16.17, indicating a potential upside of 30.90%. Granite Real Estate Investment Trust has a consensus target price of C$87.33, indicating a potential upside of 27.16%. Given Granite Real Estate Investment Trust's higher probable upside, research analysts clearly believe Dream Industrial Real Estate Invest Trst is more favorable than Granite Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dream Industrial Real Estate Invest Trst
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
3.22

In the previous week, Dream Industrial Real Estate Invest Trst had 1 more articles in the media than Granite Real Estate Investment Trust. MarketBeat recorded 7 mentions for Dream Industrial Real Estate Invest Trst and 6 mentions for Granite Real Estate Investment Trust. Dream Industrial Real Estate Invest Trst's average media sentiment score of 0.55 beat Granite Real Estate Investment Trust's score of 0.21 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dream Industrial Real Estate Invest Trst
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Granite Real Estate Investment Trust
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Dream Industrial Real Estate Invest Trst received 89 more outperform votes than Granite Real Estate Investment Trust when rated by MarketBeat users. Likewise, 64.38% of users gave Dream Industrial Real Estate Invest Trst an outperform vote while only 57.39% of users gave Granite Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Dream Industrial Real Estate Invest TrstOutperform Votes
291
64.38%
Underperform Votes
161
35.62%
Granite Real Estate Investment TrustOutperform Votes
202
57.39%
Underperform Votes
150
42.61%

Dream Industrial Real Estate Invest Trst has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500. Comparatively, Granite Real Estate Investment Trust has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500.

Granite Real Estate Investment Trust has a net margin of 26.22% compared to Granite Real Estate Investment Trust's net margin of 23.54%. Dream Industrial Real Estate Invest Trst's return on equity of 2.57% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Dream Industrial Real Estate Invest Trst23.54% 2.31% 2.51%
Granite Real Estate Investment Trust 26.22%2.57%2.67%

31.0% of Dream Industrial Real Estate Invest Trst shares are owned by institutional investors. Comparatively, 74.9% of Granite Real Estate Investment Trust shares are owned by institutional investors. 3.2% of Dream Industrial Real Estate Invest Trst shares are owned by insiders. Comparatively, 0.3% of Granite Real Estate Investment Trust shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dream Industrial Real Estate Invest Trst pays an annual dividend of C$0.70 per share and has a dividend yield of 5.7%. Granite Real Estate Investment Trust pays an annual dividend of C$3.30 per share and has a dividend yield of 4.8%. Dream Industrial Real Estate Invest Trst pays out 194.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Real Estate Investment Trust pays out 152.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Granite Real Estate Investment Trust beats Dream Industrial Real Estate Invest Trst on 12 of the 20 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.
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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$4.35BC$2.40BC$1.68BC$5.30B
Dividend Yield4.32%5.92%7.48%5.51%
P/E Ratio31.80253.82209.6423.91
Price / Sales8.35713.561,189.801,420.89
Price / Cash17.7852.1753.3979.34
Price / Book0.820.861.333.11
Net IncomeC$136.66MC$9.84M-C$95.41MC$296.70M
7 Day Performance-0.46%0.33%2.13%0.36%
1 Month Performance-9.07%-4.19%0.16%14.23%
1 Year Performance-17.61%-7.61%-5.05%21.66%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DIR.UN
Dream Industrial Real Estate Invest Trst
2.8912 of 5 stars
C$12.59
-0.5%
C$16.28
+29.3%
-16.8%C$3.44BC$443.11M34.9790Analyst Report
News Coverage
Positive News
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.8761 of 5 stars
C$13.08
-0.1%
C$15.00
+14.7%
-11.0%C$4.29BC$1.43B12.00238Analyst Report
News Coverage
TCN
Tricon Residential
0.3286 of 5 stars
C$15.08
-0.3%
C$12.39
-17.8%
+44.2%C$4.11BC$884.73M26.93978
BEI.UN
Boardwalk REIT
3.1207 of 5 stars
C$74.03
+0.1%
C$84.36
+14.0%
+25.1%C$3.66BC$544.55M5.091,700Analyst Report
News Coverage
REI.UN
RioCan Real Estate Investment Trust
1.7477 of 5 stars
C$17.83
-0.5%
C$21.71
+21.8%
-16.9%C$5.36BC$1.18B137.15585Analyst Report
News Coverage
SRU.UN
SmartCentres Real Estate Investment Trst
1.3166 of 5 stars
C$22.68
-0.5%
C$27.00
+19.0%
-15.5%C$3.28BC$929.40M9.33337Analyst Report
News Coverage
FCR.UN
First Capital Realty
1.931 of 5 stars
C$15.12
-0.1%
C$18.41
+21.7%
-5.1%C$3.21BC$755.87M-24.00364Analyst Report
News Coverage
Positive News
CSH.UN
Chartwell Retirement Residences
0.9239 of 5 stars
C$12.59
+0.2%
C$14.00
+11.2%
+40.5%C$3.01BC$736.74M-48.4214,600Dividend Announcement
HR.UN
H&R Real Estate Investment Trust
1.891 of 5 stars
C$9.22
-0.2%
C$11.60
+25.8%
-23.4%C$2.41BC$903.63M40.09728
AIF
Altus Group
0.7876 of 5 stars
C$51.31
+1.5%
C$53.28
+3.8%
-5.2%C$2.34BC$772.84M233.233,000Upcoming Earnings

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This page (TSE:GRT.UN) was last updated on 4/26/2024 by MarketBeat.com Staff

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