TSE:GRT.UN Granite Real Estate Investment Trust (GRT.UN) Stock Price, News & Analysis C$63.58 +0.84 (+1.34%) As of 05/2/2025 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesBuy This Stock About Granite Real Estate Investment Trust Stock (TSE:GRT.UN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GRT.UN alerts:Sign Up Key Stats Today's RangeC$62.52▼C$63.8250-Day RangeC$57.46▼C$69.2652-Week RangeC$55.25▼C$82.88Volume79,442 shsAverage Volume129,219 shsMarket CapitalizationC$3.99 billionP/E Ratio17.52Dividend Yield5.19%Price TargetC$85.21Consensus RatingBuy Company OverviewGranite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 62.9 million square feet of leasable area.Read More… Granite Real Estate Investment Trust Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks65th Percentile Overall ScoreGRT.UN MarketRank™: Granite Real Estate Investment Trust scored higher than 65% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingGranite Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageGranite Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.Read more about Granite Real Estate Investment Trust's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Real Estate Investment Trust is 17.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Real Estate Investment Trust is 17.52, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 9.81.Price to Book Value per Share RatioGranite Real Estate Investment Trust has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for GRT.UN. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipGranite Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Granite Real Estate Investment Trust is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Granite Real Estate Investment Trust's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for GRT.UN. News and Social Media3.2 / 5News SentimentN/A News SentimentGranite Real Estate Investment Trust has a news sentiment score of 1.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for Granite Real Estate Investment Trust this week, compared to 1 article on an average week.Search Interest2 people have searched for GRT.UN on MarketBeat in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Granite Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.32% of the stock of Granite Real Estate Investment Trust is held by insiders.Percentage Held by Institutions72.38% of the stock of Granite Real Estate Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Granite Real Estate Investment Trust's insider trading history. Receive GRT.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Granite Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address GRT.UN Stock News HeadlinesGranite REIT: Back To A Buy As Yield Hits 5%March 7, 2025 | seekingalpha.comCIBC Reaffirms Their Buy Rating on Granite Real Estate (GRT.UN)March 2, 2025 | markets.businessinsider.comThink NVDA’s run was epic? You ain’t seen nothin’ yetAsk most investors and they’ll probably tell you Nvidia is the undisputed AI stock of the decade. In 2023, it surged 239%. And in 2024, it soared another 171% on the year… But what if I told you there was a way to target those types of “peak Nvidia” profit opportunities in 24 hours or less?May 5, 2025 | Timothy Sykes (Ad)2 TSX Stocks to Invest $25,000 and Create $1,230.57 in Passive IncomeFebruary 18, 2025 | msn.comGranite REIT announces February distributionFebruary 14, 2025 | msn.comIs Granite REIT Stock a Buy for Its 4.9% Dividend Yield?January 28, 2025 | msn.comGranite Real Estate Investment Trust (4I70.SG)January 12, 2025 | ca.finance.yahoo.comTransform Your TFSA Into a Money-Making Machine With Just $15,000January 8, 2025 | msn.comSee More Headlines GRT.UN Stock Analysis - Frequently Asked Questions How have GRT.UN shares performed this year? Granite Real Estate Investment Trust's stock was trading at C$69.76 at the start of the year. Since then, GRT.UN shares have decreased by 8.9% and is now trading at C$63.58. View the best growth stocks for 2025 here. 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. Company Calendar Ex-Dividend for 3/14 Dividend2/28/2025Record date for 3/14 Dividend3/14/2025Dividend Payable3/14/2025Ex-Dividend for 4/15 Dividend3/31/2025Record date for 4/15 Dividend4/15/2025Dividend Payable4/15/2025Today5/05/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry REIT - Industrial Sub-IndustryReal Estate Current SymbolTSE:GRT.UN CIKN/A Webwww.graniterealestate.com Phone647-925-7500FaxN/AEmployees54Year FoundedN/APrice Target and Rating Average Stock Price TargetC$85.21 High Stock Price TargetC$93.50 Low Stock Price TargetC$75.00 Potential Upside/Downside+34.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.63 Trailing P/E Ratio17.52 Forward P/E Ratio11.39 P/E GrowthN/ANet IncomeC$229.71 million Net Margins42.50% Pretax MarginN/A Return on Equity4.28% Return on Assets2.82% Debt Debt-to-Equity Ratio57.74 Current Ratio0.35 Quick Ratio1.61 Sales & Book Value Annual SalesC$540.51 million Price / Sales7.38 Cash FlowC$3.58 per share Price / Cash Flow17.78 Book ValueC$86.53 per share Price / Book0.73Miscellaneous Outstanding Shares62,740,000Free FloatN/AMarket CapC$3.99 billion OptionableNot Optionable Beta1.18 (Almost) Everything You Need To Know About The EV MarketLooking to profit from the electric vehicle mega-trend? 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