TSE:GRT - Granite Real Estate Stock Price, Price Target & More

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Previous CloseN/A
Today's RangeN/A
52-Week RangeC$30.78 - C$38.97
VolumeN/A
Average Volume79,490 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Granite Real Estate (TSE:GRT)

Granite Real Estate logoGranite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc. and its automotive operating units. It is a service REIT with an international portfolio consisting of over 100 properties. It provides a range of services that includes sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing. In November 2013, Granite Real Estate Investment Trust completed its acquisition of a 2.5 million square foot portfolio of seven properties located in Germany and the Netherlands from funds managed by AEW Europe.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:GRT
CUSIPN/A
Phone+1-647-9257540

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding SharesN/A

Granite Real Estate (TSE:GRT) Frequently Asked Questions

What is Granite Real Estate's stock symbol?

Granite Real Estate trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GRT."

How often does Granite Real Estate pay dividends? What is the dividend yield for Granite Real Estate?

Granite Real Estate declared a monthly dividend on Thursday, May 17th. Shareholders of record on Thursday, May 31st will be given a dividend of 0.227 per share on Friday, June 15th. This represents a $2.72 dividend on an annualized basis and a yield of Infinity. The ex-dividend date is Wednesday, May 30th. View Granite Real Estate's Dividend History.

How were Granite Real Estate's earnings last quarter?

Granite Real Estate (TSE:GRT) released its quarterly earnings data on Thursday, March, 1st. The real estate investment trust reported $4.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.84 by $4.13. The real estate investment trust earned $57.20 million during the quarter. View Granite Real Estate's Earnings History.

When is Granite Real Estate's next earnings date?

Granite Real Estate is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Granite Real Estate.

Who are Granite Real Estate's key executives?

Granite Real Estate's management team includes the folowing people:
  • Michael Forsayeth, Chief Executive Officer, Trustee (Age 62)
  • Ilias Konstantopoulos, Chief Financial Officer
  • John De Aragon, Chief Operating Officer, Co-Head Global Real Estate
  • Lorne Kumer, Executive Vice-President - Co-Head Global Real Estate
  • Stefan Wierzbinski, Executive Vice President - Europe
  • Donald E. Clow, Independent Trustee (Age 55)
  • Gerald J. Miller, Independent Trustee (Age 62)

Has Granite Real Estate been receiving favorable news coverage?

Headlines about GRT stock have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Granite Real Estate earned a media sentiment score of 0.07 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 45.41 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

How do I buy shares of Granite Real Estate?

Shares of GRT and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How can I contact Granite Real Estate?

Granite Real Estate's mailing address is 77 King Street West Suite 4010 Stn Toronto Dom PO Box 159, TORONTO, ON M5K 1H1, Canada. The real estate investment trust can be reached via phone at +1-647-9257540.


MarketBeat Community Rating for Granite Real Estate (GRT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  69 (Vote Underperform)
Total Votes:  122
MarketBeat's community ratings are surveys of what our community members think about Granite Real Estate and other stocks. Vote "Outperform" if you believe GRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRT will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Granite Real Estate (TSE:GRT) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/AN/AN/A
Consensus Rating Score: N/AN/AN/AN/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Granite Real Estate (TSE:GRT) Consensus Price Target History

Price Target History for Granite Real Estate (TSE:GRT)

Granite Real Estate (TSE:GRT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
7/27/2016Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$44.00View Rating Details
(Data available from 5/24/2016 forward)

Earnings

Granite Real Estate (TSE:GRT) Earnings History and Estimates Chart

Earnings by Quarter for Granite Real Estate (TSE:GRT)

Granite Real Estate (TSE:GRT) Earnings Estimates

2018 EPS Consensus Estimate: $3.52
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.81$0.81$0.81
Q2 20181$0.88$0.88$0.88
Q3 20181$0.91$0.91$0.91
Q4 20181$0.92$0.92$0.92

Granite Real Estate (TSE GRT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2018        
3/1/2018Q4 2017C$0.84C$4.97C$57.20 millionViewN/AView Earnings Details
11/7/2017Q3 2017C$0.82C$1.08C$55.32 millionViewN/AView Earnings Details
8/2/2017Q2 2017C$0.85C$0.91C$54.99 millionViewN/AView Earnings Details
5/9/2017Q1 2017C$0.86C$0.64C$55.20 millionViewN/AView Earnings Details
3/1/2017Q4 2016C$0.89C$0.62C$54.30 millionViewN/AView Earnings Details
11/2/2016Q3 2016C$0.87C$3.19C$56.35 millionViewN/AView Earnings Details
8/3/2016Q2 2016C$0.86C$1.22C$56.39 millionViewN/AView Earnings Details
5/4/2016Q1 2016C$0.87C$0.92C$56.38 millionViewN/AView Earnings Details
3/2/2016Q4 2015C$0.84C$0.97C$54.94 millionViewN/AView Earnings Details
11/4/2015Q3 2015C$0.83C$1.00C$54.85 millionViewN/AView Earnings Details
8/12/2015Q2 2015C$0.81C$1.02C$53.47 millionViewN/AView Earnings Details
5/6/2015Q1 2015C$0.81C$1.16C$53.04 millionViewN/AView Earnings Details
3/4/2015Q4 2014C$0.80C$0.46C$51.02 millionViewN/AView Earnings Details
11/5/2014Q3 2014C$0.80C$0.08C$51.30 millionViewN/AView Earnings Details
8/6/2014C$0.83C$0.85C$52.16 millionViewN/AView Earnings Details
5/7/2014C$0.81C$0.83C$56.58 millionViewN/AView Earnings Details
3/5/2014Q4 2013C$0.80C($0.06)C$52.00 millionC$54.68 millionViewN/AView Earnings Details
11/6/2013Q3 2013C$0.78C$0.21C$48.90 millionC$50.97 millionViewN/AView Earnings Details
8/7/2013Q2 2013C$0.93C$49.48 millionViewN/AView Earnings Details
5/8/2013Q1 2013C$2.01C$48.12 millionViewN/AView Earnings Details
3/5/2013Q4 2012C$0.54C$0.32ViewN/AView Earnings Details
11/7/2012Q3 2012C$0.56C$0.40ViewN/AView Earnings Details
8/8/2012Q2 2012C$0.51C$0.40ViewN/AView Earnings Details
5/9/2012Q1 2012C$0.60C$0.40ViewN/AView Earnings Details
3/9/2012Q4 2011C$0.08ViewN/AView Earnings Details
11/10/2011Q3 2011C$0.52C$0.34ViewN/AView Earnings Details
8/11/2011Q2 2011C$0.58ViewN/AView Earnings Details
5/12/2011Q1 2011C$0.26ViewN/AView Earnings Details
3/10/2011Q4 2010C($1.25)ViewN/AView Earnings Details
11/11/2010Q3 2010C$0.18ViewN/AView Earnings Details
5/7/2010Q1 2010C$0.33ViewN/AView Earnings Details
3/29/2010Q4 2009C$0.46ViewN/AView Earnings Details
11/10/2009Q3 2009C$1.01C$0.64ViewN/AView Earnings Details
8/13/2009Q2 2009C$1.06C$0.74ViewN/AView Earnings Details
5/8/2009Q1 2009C$0.78C$0.28ViewN/AView Earnings Details
3/27/2009Q4 2008C$1.96ViewN/AView Earnings Details
11/7/2008Q3 2008C$0.32ViewN/AView Earnings Details
5/7/2008Q1 2008C$0.14ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Granite Real Estate (TSE:GRT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/17/2018Monthly$0.22705/30/20185/31/20186/15/2018
4/17/2018Monthly$0.22704/27/20184/30/20185/15/2018
2/16/2018Monthly$0.22702/27/20182/28/20183/15/2018
1/17/2018Monthly$0.22701/30/20181/31/20182/15/2018
12/18/2017Monthly$0.227012/28/201712/29/20171/16/2018
7/18/2017Monthly$0.21707/27/20177/31/20178/15/2017
6/19/2017Monthly$0.21706/28/20176/30/20177/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Granite Real Estate (TSE GRT) Insider Trading and Institutional Ownership History

Insider Trading History for Granite Real Estate (TSE:GRT)

Granite Real Estate (TSE GRT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Granite Real Estate (TSE GRT) News Headlines

Source:
DateHeadline
FY2018 EPS Estimates for Granite Real Estate (GRT) Increased by DesjardinsFY2018 EPS Estimates for Granite Real Estate (GRT) Increased by Desjardins
www.americanbankingnews.com - May 24 at 8:32 AM
Q2 2018 EPS Estimates for Granite Real Estate Boosted by Analyst (GRT)Q2 2018 EPS Estimates for Granite Real Estate Boosted by Analyst (GRT)
www.americanbankingnews.com - May 23 at 6:48 AM
Granite Real Estate Investment declares CAD 0.227 dividendGranite Real Estate Investment declares CAD 0.227 dividend
seekingalpha.com - May 17 at 5:28 PM
Granite Real Estate Investment reports Q1 resultsGranite Real Estate Investment reports Q1 results
seekingalpha.com - May 14 at 12:01 AM
Granite Real Estate (GRT) to Release Quarterly Earnings on FridayGranite Real Estate (GRT) to Release Quarterly Earnings on Friday
www.americanbankingnews.com - May 4 at 1:08 AM
Granite Real Estate (GRT) Declares $0.23 Monthly DividendGranite Real Estate (GRT) Declares $0.23 Monthly Dividend
www.americanbankingnews.com - April 22 at 9:29 AM
Equities Analysts Issue Forecasts for Granite Real Estate Investment Trusts Q1 2018 Earnings (GRT)Equities Analysts Issue Forecasts for Granite Real Estate Investment Trust's Q1 2018 Earnings (GRT)
www.americanbankingnews.com - March 5 at 1:28 AM
Granite Real Estate Investment Trust to Issue Monthly Dividend of $0.23 (GRT)Granite Real Estate Investment Trust to Issue Monthly Dividend of $0.23 (GRT)
www.americanbankingnews.com - February 22 at 12:06 PM
Granite Real Estate Investment Trust (GRT) Set to Announce Earnings on ThursdayGranite Real Estate Investment Trust (GRT) Set to Announce Earnings on Thursday
www.americanbankingnews.com - February 22 at 2:14 AM
Granite Real Estate Investment Trust Plans Monthly Dividend of $0.23 (GRT)Granite Real Estate Investment Trust Plans Monthly Dividend of $0.23 (GRT)
www.americanbankingnews.com - January 25 at 10:46 AM
Stock Review for REITs Investors -- Granite Point Mortgage Trust, New Residential Investment, Two Harbors Investment, and UDR Inc.Stock Review for REIT's Investors -- Granite Point Mortgage Trust, New Residential Investment, Two Harbors Investment, and UDR Inc.
www.bizjournals.com - January 17 at 8:28 AM
Granite Real Estate Investment Trust (GRT) to Issue Dividend Increase - $0.23 Per ShareGranite Real Estate Investment Trust (GRT) to Issue Dividend Increase - $0.23 Per Share
www.americanbankingnews.com - December 23 at 11:21 PM
Granite REIT Declares December 2017 DistributionGranite REIT Declares December 2017 Distribution
finance.yahoo.com - December 19 at 8:47 AM
Granite REIT Declares November 2017 Distribution - PR Newswire (press release)Granite REIT Declares November 2017 Distribution - PR Newswire (press release)
www.prnewswire.com - November 18 at 11:28 PM
FY2017 EPS Estimates for Granite Real Estate Investment Trust Lifted by Analyst (GRT)FY2017 EPS Estimates for Granite Real Estate Investment Trust Lifted by Analyst (GRT)
www.americanbankingnews.com - November 13 at 2:12 AM
Canadian REIT buys Greater Cincinnati buildings for $80 millionCanadian REIT buys Greater Cincinnati buildings for $80 million
www.bizjournals.com - November 11 at 7:59 AM
Granite Announces 2017 Third Quarter Results and Increases DistributionGranite Announces 2017 Third Quarter Results and Increases Distribution
www.marketwatch.com - November 8 at 8:25 AM
Granite Real Estate Investment Trust (GRT) Scheduled to Post Quarterly Earnings on TuesdayGranite Real Estate Investment Trust (GRT) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - October 31 at 10:48 AM
Desjardins Equities Analysts Lift Earnings Estimates for Granite Real Estate Investment Trust (GRT)Desjardins Equities Analysts Lift Earnings Estimates for Granite Real Estate Investment Trust (GRT)
www.americanbankingnews.com - September 20 at 8:08 AM
Granite Real Estate Investment Trust to Post Q3 2017 Earnings of $0.82 Per Share, Desjardins Forecasts (GRT)Granite Real Estate Investment Trust to Post Q3 2017 Earnings of $0.82 Per Share, Desjardins Forecasts (GRT)
www.americanbankingnews.com - September 19 at 7:30 AM
Granite Real Estate Investment Trust (GRT) Set to Announce Quarterly Earnings on WednesdayGranite Real Estate Investment Trust (GRT) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 27 at 4:37 PM
Granite Real Estate Investment Trust Declares Monthly Dividend of $0.22 (TSE:GRT)Granite Real Estate Investment Trust Declares Monthly Dividend of $0.22 (TSE:GRT)
www.americanbankingnews.com - July 19 at 10:44 AM
ISS Recommends Granite REIT Investors Vote for Dissidents SlateISS Recommends Granite REIT Investors Vote for Dissident's Slate
www.bloomberg.com - June 3 at 9:16 AM
BRIEF-Two Harbors Investment announces proposed contribution of its commercial real estate assets to Granite Point MortgageBRIEF-Two Harbors Investment announces proposed contribution of its commercial real estate assets to Granite Point Mortgage
www.reuters.com - May 24 at 11:53 AM
Form SC 13D/A GRANITE REAL ESTATE INVE Filed by: FrontFour Capital Group LLC - StreetInsider.comForm SC 13D/A GRANITE REAL ESTATE INVE Filed by: FrontFour Capital Group LLC - StreetInsider.com
www.streetinsider.com - May 8 at 5:17 PM
FrontFour Moves on Largest Commercial REIT in CanadaFrontFour Moves on Largest Commercial REIT in Canada
www.barrons.com - May 6 at 10:01 AM
Activist FrontFour Targets Granite REIT, Pushes for ChangesActivist FrontFour Targets Granite REIT, Pushes for Changes
www.bloomberg.com - May 3 at 5:18 PM
Boralex at 52-Week High on News - Baystreet.caBoralex at 52-Week High on News - Baystreet.ca
www.baystreet.ca - April 7 at 5:26 PM
2 Great Dividend Stocks I’d Buy Today2 Great Dividend Stocks I’d Buy Today
www.fool.ca - March 28 at 5:10 PM
Granite Announces 2016 Fourth Quarter and Year End ResultsGranite Announces 2016 Fourth Quarter and Year End Results
www.marketwatch.com - March 1 at 10:15 PM
Katanga, eCobalt at 52-Week Highs - Baystreet.caKatanga, eCobalt at 52-Week Highs - Baystreet.ca
www.baystreet.ca - February 22 at 11:06 PM
Theratechnologies at 52-Week High - Baystreet.caTheratechnologies at 52-Week High - Baystreet.ca
www.baystreet.ca - February 17 at 4:07 PM
2 Excellent Dividend Stocks to Buy for 2017 and Beyond - The Motley Fool Canada2 Excellent Dividend Stocks to Buy for 2017 and Beyond - The Motley Fool Canada
www.fool.ca - December 28 at 11:14 AM
Granite REIT Declares Monthly Distribution - PR Newswire (press release)Granite REIT Declares Monthly Distribution - PR Newswire (press release)
www.prnewswire.com - December 18 at 10:40 PM
Granite Prices Offering Of $400 Million 3.873% Senior Debentures Due 2023 And Issues Notice Of Redemption Of Senior Debentures Due 2018Granite Prices Offering Of $400 Million 3.873% Senior Debentures Due 2023 And Issues Notice Of Redemption Of Senior Debentures Due 2018
www.marketwatch.com - December 6 at 10:41 AM
Granite Real Estate Investment Trust (GRT-UN) Shares Cross 6% Yield MarkGranite Real Estate Investment Trust (GRT-UN) Shares Cross 6% Yield Mark
www.forbes.com - August 5 at 5:28 PM
Granite REIT Names Ilias Konstantopoulos as CFOGranite REIT Names Ilias Konstantopoulos as CFO
www.nasdaq.com - July 26 at 8:10 AM
Granite Announces Election of Trustees and DirectorsGranite Announces Election of Trustees and Directors
www.marketwatch.com - June 16 at 5:18 PM
Granite REIT Declares Monthly DistributionGranite REIT Declares Monthly Distribution
www.thestreet.com - January 18 at 6:08 PM

SEC Filings

Granite Real Estate (TSE:GRT) SEC Filings

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Social Media

Financials

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Chart

Granite Real Estate (TSE GRT) Stock Chart for Thursday, May, 24, 2018

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This page was last updated on 5/24/2018 by MarketBeat.com Staff

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