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.
Industry, Sector and Symbol
Stock Exchange TSE
Industry N/A
Sub-IndustryN/A
SectorN/A
Current SymbolTSE:GRT
Previous Symbol
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 / Cash FlowN/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
Market CapC$0.00
OptionableNot Optionable
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 Friday, November 16th. Shareholders of record on Friday, November 30th will be given a dividend of 0.227 per share on Friday, December 14th. This represents a $2.72 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, November 29th. View Granite Real Estate's Dividend History.
How were Granite Real Estate's earnings last quarter?
Granite Real Estate (TSE:GRT) posted its quarterly earnings results on Tuesday, November, 6th. The real estate investment trust reported $3.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $2.56. The real estate investment trust earned $63.82 million during the quarter. View Granite Real Estate's Earnings History.
When is Granite Real Estate's next earnings date?
Has Granite Real Estate been receiving favorable news coverage?
Media coverage about GRT stock has trended somewhat positive on Friday, InfoTrie reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Granite Real Estate earned a news impact score of 1.4 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
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)
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.
What is Granite Real Estate's official website?
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 (TSE GRT)
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.
