Granite Real Estate Investment Trust (GRT.UN) Stock Price, News & Analysis

Company Overview

Granite 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 147 investment properties representing approximately 62.6 million square feet of leasable area.

Key Stats

• Today's Range: C$95.63 to C$97.13
• 50-Day Range: C$89.57 to C$96.96
• 52-Week Range: C$69.05 to C$98.29
• Volume: 71,512 shs
• Average Volume: 107,886 shs
• Market Capitalization: C$5.82 billion
• P/E Ratio: 14.87
• Dividend Yield: 3.60%
• Price Target: C$99.64
• Consensus Rating: Buy

Granite Real Estate Investment Trust Stock Analysis - MarketRank™

Granite Real Estate Investment Trust scored higher than 61% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Buy

Consensus Rating

Granite Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 8 buy ratings, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Granite Real Estate Investment Trust is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Granite Real Estate Investment Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Granite Real Estate Investment Trust is 14.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Granite Real Estate Investment Trust is 14.87, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 29.71.

Price to Book Value per Share Ratio

Granite Real Estate Investment Trust has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GRT.UN.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Granite Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 3.68%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Granite Real Estate Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Granite Real Estate Investment Trust is 53.53%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Granite Real Estate Investment Trust has a news sentiment score of 1.11. 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 0.68 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Granite Real Estate Investment Trust this week, compared to 1 article on an average week.

Search Interest

1 people have searched for GRT.UN on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Granite Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Granite Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.32% of the stock of Granite Real Estate Investment Trust is held by insiders.

Percentage Held by Institutions

43.51% 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.

Company Calendar

• Ex-Dividend for 4/15 Dividend: 3/31/2026
• Record date for 4/15 Dividend: 4/15/2026
• Dividend Payable: 4/15/2026
• Last Earnings: 5/06/2026
• Today: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Industrial
• Sub-Industry: Real Estate
• Current Symbol: TSE:GRT.UN
• CIK: N/A
• Web: www.graniterealestate.com
• Phone: 647-925-7500
• Fax: N/A
• Employees: 54
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Granite Real Estate Investment Trust: C$99.64
• High Price Target: C$110.00
• Low Price Target: C$85.00
• Potential Upside/Downside: +4.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): C$6.44
• Trailing P/E Ratio: 14.87
• Forward P/E Ratio: 17.17
• P/E Growth: N/A
• Net Income: C$229.71 million
• Net Margins: 42.50%
• Pretax Margin: N/A
• Return on Equity: 4.28%
• Return on Assets: 2.82%

Debt

• Debt-to-Equity Ratio: 57.74
• Current Ratio: 0.35
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: C$629.87 million
• Price / Sales: 9.23
• Cash Flow: C$5.39 per share
• Price / Cash Flow: 17.78
• Book Value: C$86.53 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 60,710,000
• Free Float: N/A
• Market Cap: C$5.82 billion
• Optionable: Not Optionable
• Beta: 1.45