TSE:GRT.UN - Granite Real Estate Investment Trust Stock Price, News, & Analysis

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C$62.37 -0.14 (-0.22 %)
(As of 05/22/2019 02:31 PM ET)
Previous CloseC$62.51
Today's RangeC$62.25 - C$62.59
52-Week RangeC$45.03 - C$52.69
Volume43,105 shs
Average Volume78,930 shs
Market CapitalizationC$2.85 billion
P/E Ratio4.65
Dividend Yield4.81%
BetaN/A
Granite is a Canadian based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns over 85 investment properties representing approximately 34 million square feet of leasable area.

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Industry, Sector and Symbol

Industry REIT - Industrial
Sub-IndustryN/A
SectorReal Estate
Current SymbolTSE:GRT.UN
CUSIPN/A
CIKN/A
Phone647-925-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$227.19 million
Cash FlowC$4.61 per share
Book ValueC$52.16 per share

Profitability

Miscellaneous

Employees44
Market CapC$2.85 billion
Next Earnings DateN/A
OptionableNot Optionable

Granite Real Estate Investment Trust (TSE:GRT.UN) 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.UN."

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 Friday, December 28th. Shareholders of record on Tuesday, January 15th will be paid a dividend of 0.233 per share on Tuesday, January 15th. This represents a $2.80 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Friday, December 28th. This is a positive change from Granite Real Estate Investment Trust's previous monthly dividend of $0.23. View Granite Real Estate Investment Trust's Dividend History.

What price target have analysts set for GRT.UN?

5 analysts have issued 12-month target prices for Granite Real Estate Investment Trust's stock. Their forecasts range from C$55.00 to C$72.00. On average, they anticipate Granite Real Estate Investment Trust's stock price to reach C$66.08 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Price Targets for Granite Real Estate Investment Trust.

What is the consensus analysts' recommendation for Granite Real Estate Investment Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Real Estate Investment Trust in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Granite Real Estate Investment Trust.

Has Granite Real Estate Investment Trust been receiving favorable news coverage?

Media headlines about GRT.UN stock have been trending somewhat negative this week, according to InfoTrie. The research group rates the sentiment of media 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 negative five to five, with scores closest to five being the most favorable. Granite Real Estate Investment Trust earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

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

What other stocks do shareholders of Granite Real Estate Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Real Estate Investment Trust investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Wheaton Precious Metals (WPM), Rogers Communications (RCI) and Open Text (OTEX).

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

Granite Real Estate Investment Trust's management team includes the folowing people:
  • Mr. Ilias Konstantopoulos, Chief Financial Officer
  • Mr. Kevan S. Gorrie, Pres, CEO & Director (Age 50)
  • Mr. Lyle Strachan, Exec. VP of Fin. of the Racing & Gaming Division
  • Mr. Don Mathew, VP, Real Estate Investment
  • Mr. George Haines, Interim Pres of Santa Anita Park & Golden Gate Fields

How do I buy shares of Granite Real Estate Investment Trust?

Shares of GRT.UN 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 GRT.UN stock can currently be purchased for approximately C$62.37.

How big of a company is Granite Real Estate Investment Trust?

Granite Real Estate Investment Trust has a market capitalization of C$2.85 billion and generates C$227.19 million in revenue each year. Granite Real Estate Investment Trust employs 44 workers across the globe.

What is Granite Real Estate Investment Trust's official website?

The official website for Granite Real Estate Investment Trust is http://www.graniterealestate.com/.

How can I contact Granite Real Estate Investment Trust?

The company can be reached via phone at 647-925-7500.


MarketBeat Community Rating for Granite Real Estate Investment Trust (TSE GRT.UN)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  316
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 GRT.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRT.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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