Granite 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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- Symbol: TSE:GRT
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Frequently Asked Questions for Granite Real Estate Investment Trust (TSE:GRT)
What is Granite Real Estate Investment Trust's stock symbol?
Granite Real Estate Investment Trust trades on the Tornton Stock Exchange (TSX) under the ticker symbol "GRT."
How often does Granite Real Estate Investment Trust pay dividends? What is the dividend yield for Granite Real Estate Investment Trust?
Granite Real Estate Investment Trust announced a monthly dividend on Tuesday, July 18th. Investors of record on Monday, July 31st will be paid a dividend of 0.217 per share on Tuesday, August 15th. This represents a $2.60 dividend on an annualized basis and a yield of 6.75%. The ex-dividend date is Thursday, July 27th. View Granite Real Estate Investment Trust's Dividend History.
When will Granite Real Estate Investment Trust make its next earnings announcement?
Who are some of Granite Real Estate Investment Trust's key competitors?
Some companies that are related to Granite Real Estate Investment Trust include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Canadian Natural Resources Limited (CNQ), Manulife Financial Corp. (MFC), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO) and Imperial Oil Ltd (IMO).
How do I buy Granite Real Estate Investment Trust stock?
Shares of Granite Real Estate Investment Trust 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.
What is Granite Real Estate Investment Trust's stock price today?
One share of Granite Real Estate Investment Trust stock can currently be purchased for approximately C$38.59.
MarketBeat Community Rating for Granite Real Estate Investment Trust (TSE GRT)MarketBeat's community ratings are surveys of what our community members think about Granite Real Estate Investment Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Granite Real Estate Investment Trust (TSE:GRT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Granite Real Estate Investment Trust (TSE:GRT)
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| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 7/27/2016 | Royal Bank Of Canada | Upgrade | Sector Perform -> Outperform | C$44.00 |  |
| 3/4/2016 | Desjardins | Downgrade | Buy -> Hold | | |
(Data available from 9/22/2015 forward)
Earnings History for Granite Real Estate Investment Trust (TSE:GRT)Earnings History by Quarter for Granite Real Estate Investment Trust (TSE GRT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
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| 11/1/2017 | | | | | | | | |
| 8/6/2014 | | C$0.83 | C$0.85 | | C$52.16 million | View | N/A | |
| 5/7/2014 | | C$0.81 | C$0.83 | | C$56.58 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Granite Real Estate Investment Trust (TSE:GRT)2017 EPS Consensus Estimate: $3.51
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.86 | $0.92 | $0.89 |
| Q2 2017 | 2 | $0.85 | $0.91 | $0.88 |
| Q3 2017 | 2 | $0.82 | $0.92 | $0.87 |
| Q4 2017 | 2 | $0.84 | $0.89 | $0.87 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Granite Real Estate Investment Trust (TSE GRT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
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| 7/18/2017 | Monthly | $0.22 | | 7/27/2017 | 7/31/2017 | 8/15/2017 |
| 6/19/2017 | Monthly | $0.22 | | 6/28/2017 | 6/30/2017 | 7/14/2017 |
(Data available from 1/1/2013 forward)
Insider Trading History for Granite Real Estate Investment Trust (TSE:GRT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Granite Real Estate Investment Trust (TSE:GRT)
Latest Headlines for Granite Real Estate Investment Trust (TSE:GRT)
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Granite Real Estate Investment Trust (GRT) Chart for Friday, September, 22, 2017
