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Granite Real Estate Investment Trust (GRT.UN) Competitors

Granite Real Estate Investment Trust logo
C$90.15 +0.23 (+0.26%)
As of 11:02 AM Eastern

GRT.UN vs. SMU.UN, DIR.UN, WIR.U, NXR.UN, and GRT

Should you buy Granite Real Estate Investment Trust stock or one of its competitors? Granite Real Estate Investment Trust's main competitors and comparable companies include Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), WPT Industrial Real Estate Investment (WIR.U), Nexus Industrial REIT (NXR.UN), and Granite Real Estate Investment Trust (GRT). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "industrial reits" industry.

How does Granite Real Estate Investment Trust compare to Summit Industrial Income REIT?

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 businesses based on the strength of their profitability, earnings, dividends, media sentiment, analyst recommendations, institutional ownership, risk and valuation.

In the previous week, Granite Real Estate Investment Trust had 2 more articles in the media than Summit Industrial Income REIT. MarketBeat recorded 2 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 1.68 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 Very Positive

30.6% of Summit Industrial Income REIT shares are held by institutional investors. Comparatively, 43.5% 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, 0.3% of Granite Real Estate Investment Trust shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Granite Real Estate Investment Trust has a consensus target price of C$103.50, suggesting a potential upside of 14.81%. Given Granite Real Estate Investment Trust's stronger consensus rating and higher possible upside, analysts clearly believe Granite Real Estate Investment Trust is more favorable than Summit Industrial Income REIT.

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)
0.00
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

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$3.49 per share and has a dividend yield of 3.9%. Summit Industrial Income REIT pays out 21.6% of its earnings in the form of a dividend. Granite Real Estate Investment Trust pays out 57.7% 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.

Summit Industrial Income REIT has higher earnings, but lower revenue than Granite Real Estate Investment Trust. Summit Industrial Income REIT is trading at a lower price-to-earnings ratio than Granite Real Estate Investment Trust, 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$246.09M0.00C$501.55MC$2.64N/A
Granite Real Estate Investment TrustC$645.70M8.67C$229.71MC$6.0514.91

Granite Real Estate Investment Trust has a net margin of 42.50% compared to Summit Industrial Income REIT's net margin of 0.00%. Granite Real Estate Investment Trust's return on equity of 4.28% beat Summit Industrial Income REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Summit Industrial Income REITN/A N/A N/A
Granite Real Estate Investment Trust 42.50%4.28%2.82%

Summary

Granite Real Estate Investment Trust beats Summit Industrial Income REIT on 13 of the 16 factors compared between the two stocks.

How does Granite Real Estate Investment Trust compare to Dream Industrial Real Estate Invest Trst?

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

43.5% of Granite Real Estate Investment Trust shares are held by institutional investors. Comparatively, 35.5% of Dream Industrial Real Estate Invest Trst shares are held by institutional investors. 0.3% of Granite Real Estate Investment Trust shares are held by insiders. Comparatively, 0.2% of Dream Industrial Real Estate Invest Trst shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Granite Real Estate Investment Trust has a net margin of 42.50% compared to Dream Industrial Real Estate Invest Trst's net margin of 37.00%. Granite Real Estate Investment Trust's return on equity of 4.28% beat Dream Industrial Real Estate Invest Trst's return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Real Estate Investment Trust42.50% 4.28% 2.82%
Dream Industrial Real Estate Invest Trst 37.00%3.88%2.70%

Granite Real Estate Investment Trust pays an annual dividend of C$3.49 per share and has a dividend yield of 3.9%. Dream Industrial Real Estate Invest Trst pays an annual dividend of C$0.70 per share and has a dividend yield of 5.0%. Granite Real Estate Investment Trust pays out 57.7% of its earnings in the form of a dividend. Dream Industrial Real Estate Invest Trst pays out 121.1% 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 currently has a consensus target price of C$103.50, indicating a potential upside of 14.81%. Dream Industrial Real Estate Invest Trst has a consensus target price of C$15.47, indicating a potential upside of 10.18%. Given Granite Real Estate Investment Trust's higher possible upside, equities research analysts plainly believe Granite Real Estate Investment Trust is more favorable than Dream Industrial Real Estate Invest Trst.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
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

In the previous week, Granite Real Estate Investment Trust and Granite Real Estate Investment Trust both had 2 articles in the media. Granite Real Estate Investment Trust's average media sentiment score of 1.68 beat Dream Industrial Real Estate Invest Trst's score of 1.30 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the media.

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

Granite Real Estate Investment Trust has a beta of 1.476862, indicating that its stock price is 48% more volatile than the broader market. Comparatively, Dream Industrial Real Estate Invest Trst has a beta of 1.153934, indicating that its stock price is 15% more volatile than the broader market.

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
Granite Real Estate Investment TrustC$645.70M8.67C$229.71MC$6.0514.91
Dream Industrial Real Estate Invest TrstC$520.17M7.56C$177.82MC$0.5824.29

Summary

Granite Real Estate Investment Trust beats Dream Industrial Real Estate Invest Trst on 13 of the 15 factors compared between the two stocks.

How does Granite Real Estate Investment Trust compare to WPT Industrial Real Estate Investment?

WPT Industrial Real Estate Investment (TSE:WIR.U) and Granite Real Estate Investment Trust (TSE:GRT.UN) are both real estate companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, media sentiment, earnings, dividends, profitability, valuation and risk.

WPT Industrial Real Estate Investment pays an annual dividend of C$0.76 per share. Granite Real Estate Investment Trust pays an annual dividend of C$3.49 per share and has a dividend yield of 3.9%. WPT Industrial Real Estate Investment pays out 16.3% of its earnings in the form of a dividend. Granite Real Estate Investment Trust pays out 57.7% 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 has a consensus price target of C$103.50, indicating a potential upside of 14.81%. Given Granite Real Estate Investment Trust's stronger consensus rating and higher possible upside, analysts plainly believe Granite Real Estate Investment Trust is more favorable than WPT Industrial Real Estate Investment.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
WPT Industrial Real Estate Investment
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

Granite Real Estate Investment Trust has a net margin of 42.50% compared to WPT Industrial Real Estate Investment's net margin of 0.00%. Granite Real Estate Investment Trust's return on equity of 4.28% beat WPT Industrial Real Estate Investment's return on equity.

Company Net Margins Return on Equity Return on Assets
WPT Industrial Real Estate InvestmentN/A N/A N/A
Granite Real Estate Investment Trust 42.50%4.28%2.82%

In the previous week, Granite Real Estate Investment Trust had 2 more articles in the media than WPT Industrial Real Estate Investment. MarketBeat recorded 2 mentions for Granite Real Estate Investment Trust and 0 mentions for WPT Industrial Real Estate Investment. Granite Real Estate Investment Trust's average media sentiment score of 1.68 beat WPT Industrial Real Estate Investment'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
WPT Industrial Real Estate Investment Neutral
Granite Real Estate Investment Trust Very Positive

43.5% of Granite Real Estate Investment Trust shares are held by institutional investors. 0.3% of Granite Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
WPT Industrial Real Estate InvestmentC$217.88M0.00C$392.18MC$4.65N/A
Granite Real Estate Investment TrustC$645.70M8.67C$229.71MC$6.0514.91

Summary

Granite Real Estate Investment Trust beats WPT Industrial Real Estate Investment on 14 of the 16 factors compared between the two stocks.

How does Granite Real Estate Investment Trust compare to Nexus Industrial REIT?

Nexus Industrial REIT (TSE:NXR.UN) and Granite Real Estate Investment Trust (TSE:GRT.UN) are both real estate companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, earnings, institutional ownership, media sentiment and dividends.

Nexus Industrial REIT currently has a consensus target price of C$8.50, indicating a potential upside of 6.12%. Granite Real Estate Investment Trust has a consensus target price of C$103.50, indicating a potential upside of 14.81%. Given Granite Real Estate Investment Trust's stronger consensus rating and higher probable upside, analysts plainly believe Granite Real Estate Investment Trust is more favorable than Nexus Industrial REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nexus Industrial REIT
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nexus Industrial REITC$180.81M4.30C$166.29MC$0.5414.77
Granite Real Estate Investment TrustC$645.70M8.67C$229.71MC$6.0514.91

In the previous week, Granite Real Estate Investment Trust had 2 more articles in the media than Nexus Industrial REIT. MarketBeat recorded 2 mentions for Granite Real Estate Investment Trust and 0 mentions for Nexus Industrial REIT. Granite Real Estate Investment Trust's average media sentiment score of 1.68 beat Nexus Industrial 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
Nexus Industrial REIT Neutral
Granite Real Estate Investment Trust Very Positive

Nexus Industrial REIT has a net margin of 99.45% compared to Granite Real Estate Investment Trust's net margin of 42.50%. Nexus Industrial REIT's return on equity of 16.47% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Nexus Industrial REIT99.45% 16.47% 2.87%
Granite Real Estate Investment Trust 42.50%4.28%2.82%

Nexus Industrial REIT has a beta of 1.291257, suggesting that its share price is 29% more volatile than the broader market. Comparatively, Granite Real Estate Investment Trust has a beta of 1.476862, suggesting that its share price is 48% more volatile than the broader market.

3.1% of Nexus Industrial REIT shares are held by institutional investors. Comparatively, 43.5% of Granite Real Estate Investment Trust shares are held by institutional investors. 32.9% of Nexus Industrial REIT shares are held by insiders. Comparatively, 0.3% of Granite Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Nexus Industrial REIT pays an annual dividend of C$0.64 per share and has a dividend yield of 8.0%. Granite Real Estate Investment Trust pays an annual dividend of C$3.49 per share and has a dividend yield of 3.9%. Nexus Industrial REIT pays out 118.0% 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 57.7% of its earnings in the form of a dividend.

Summary

Granite Real Estate Investment Trust beats Nexus Industrial REIT on 13 of the 18 factors compared between the two stocks.

How does Granite Real Estate Investment Trust compare to Granite Real Estate Investment Trust?

Granite Real Estate Investment Trust (TSE:GRT.UN) and Granite Real Estate Investment Trust (TSE:GRT) are both real estate companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, risk, analyst recommendations, media sentiment, earnings and profitability.

Granite Real Estate Investment Trust has a net margin of 42.50% compared to Granite Real Estate Investment Trust's net margin of 0.00%. Granite Real Estate Investment Trust's return on equity of 4.28% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Real Estate Investment Trust42.50% 4.28% 2.82%
Granite Real Estate Investment Trust N/A N/A N/A

Granite Real Estate Investment Trust currently has a consensus price target of C$103.50, suggesting a potential upside of 14.81%. Given Granite Real Estate Investment Trust's stronger consensus rating and higher probable upside, research analysts plainly believe Granite Real Estate Investment Trust is more favorable than Granite Real Estate Investment Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Real Estate Investment Trust
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)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Granite Real Estate Investment Trust has higher revenue and earnings than Granite Real Estate Investment Trust.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Granite Real Estate Investment TrustC$645.70M8.67C$229.71MC$6.0514.91
Granite Real Estate Investment TrustN/AN/AN/AN/AN/A

43.5% of Granite Real Estate Investment Trust shares are held by institutional investors. 0.3% of Granite Real Estate Investment Trust shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Granite Real Estate Investment Trust and Granite Real Estate Investment Trust both had 2 articles in the media. Granite Real Estate Investment Trust's average media sentiment score of 1.68 beat Granite Real Estate Investment Trust's score of 1.10 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Granite Real Estate Investment Trust
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Granite Real Estate Investment Trust
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Granite Real Estate Investment Trust beats Granite Real Estate Investment Trust on 10 of the 10 factors compared between the two stocks.

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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 TrustIndustrial REITs IndustryReal Estate SectorTSE Exchange
Market CapC$5.60BC$10.03BC$5.67BC$12.43B
Dividend Yield3.90%5.76%6.27%6.20%
P/E Ratio14.9147.9128.9339.79
Price / Sales8.67261.55127.099.86
Price / Cash17.7834.5934.5282.29
Price / Book1.041.431.904.72
Net IncomeC$229.71MC$298.42M-C$63.99MC$299.09M
7 Day Performance-1.41%-0.52%-0.56%0.18%
1 Month Performance-9.32%-2.46%-1.41%5.49%
1 Year Performance13.64%10.05%12.14%37.09%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRT.UN
Granite Real Estate Investment Trust
3.4955 of 5 stars
C$90.15
+0.3%
C$103.50
+14.8%
+13.9%C$5.60BC$645.70M14.9154
SMU.UN
Summit Industrial Income REIT
N/AN/AN/AN/AC$4.46BC$246.09M8.89N/A
DIR.UN
Dream Industrial Real Estate Invest Trst
3.3515 of 5 stars
C$13.85
-0.6%
C$15.47
+11.7%
+14.2%C$3.88BC$513.32M21.9890
WIR.U
WPT Industrial Real Estate Investment
N/AN/AN/AN/AC$1.84BC$217.88M4.6822
NXR.UN
Nexus Industrial REIT
N/AC$7.88
+1.2%
C$8.25
+4.7%
+1.3%C$765.06MC$176.21M13.28N/A

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This page (TSE:GRT.UN) was last updated on 8/20/2026 by MarketBeat.com Staff.
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