Granite Real Estate Investment Trust Stock Price, News & Analysis (TSE:GRT)

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 Investment Trust (TSE:GRT)

Granite Real Estate Investment Trust 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

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding SharesN/A

Granite Real Estate Investment Trust (TSE:GRT) Frequently Asked Questions

What is Granite Real Estate Investment Trust's stock symbol?

Granite Real Estate Investment Trust trades on the Toronto 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 declared a monthly dividend on Tuesday, July 18th. Stockholders 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 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend 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?

Granite Real Estate Investment Trust is scheduled to release their next quarterly earnings announcement on Wednesday, March, 7th 2018. View Earnings Estimates for Granite Real Estate Investment Trust.

Who are some of Granite Real Estate Investment Trust's key competitors?

Who are Granite Real Estate Investment Trust's key executives?

Granite Real Estate Investment Trust'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 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.

How can I contact Granite Real Estate Investment Trust?

Granite Real Estate Investment Trust'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 Investment Trust (GRT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  49 (Vote Underperform)
Total Votes:  80
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.

Analyst Ratings

Granite Real Estate Investment Trust (TSE:GRT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.002.50
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: C$44.00C$44.00C$44.00C$44.00
Price Target Upside: 14.02% upside14.02% upside14.02% upside14.02% upside

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

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

Granite Real Estate Investment Trust (TSE:GRT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
7/27/2016Royal Bank of CanadaUpgradeSector Perform -> OutperformC$44.00View Rating Details
3/4/2016DesjardinsDowngradeBuy -> HoldView Rating Details
(Data available from 12/14/2015 forward)

Earnings

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

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

Granite Real Estate Investment Trust (TSE GRT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/7/2018        
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
(Data available from 1/1/2011 forward)

Estimates

Granite Real Estate Investment Trust (TSE:GRT) Earnings Estimates

2017 EPS Consensus Estimate: $3.51
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.86$0.92$0.89
Q2 20172$0.85$0.91$0.88
Q3 20172$0.82$0.92$0.87
Q4 20172$0.84$0.89$0.87
(Data provided by Zacks Investment Research)

Dividends

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

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/18/2017Monthly$0.227/27/20177/31/20178/15/2017
6/19/2017Monthly$0.226/28/20176/30/20177/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Granite Real Estate Investment Trust (TSE GRT)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Granite Real Estate Investment Trust (TSE GRT) News Headlines

Source:
DateHeadline
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 Investment Trust (TSE:GRT) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Granite Real Estate Investment Trust (TSE GRT) Stock Chart for Thursday, December, 14, 2017

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This page was last updated on 12/14/2017 by MarketBeat.com Staff

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