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Granite Real Estate (TSE:GRT.UN)
:GRT.UN
GRT.UN Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$64.50 - C$82.88
Previous CloseN/A
Volume56.45K
Average Volume (3M)146.46K
Market Cap
C$4.17B
Enterprise ValueC$8.14B
Total Cash (Recent Filing)C$126.17M
Total Debt (Recent Filing)C$3.11B
Price to Earnings (P/E)11.7
Beta0.91
Next Earnings
May 07, 2025EPS EstimateN/A
Last Dividend Ex-Date
Feb 28, 2025Dividend Yield4.93%
Share Statistics
EPS (TTM)5.73
Shares Outstanding62,265,785
10 Day Avg. Volume129,488
30 Day Avg. Volume146,463
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)N/A
Price to Sales (P/S)7.42
Price to Cash Flow (P/CF)14.80
P/FCF Ratio12.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$86.00Price Target Upside28.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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Bulls Say, Bears Say
Bulls Say
Earnings GrowthGranite REIT reported impressive year-end results that were ahead of expectations, with FFO per unit jumping 16% in the quarter.
Lease RenewalsStrong leasing spreads drive organic growth, with the REIT already renewing 66% of the leases set to expire at leasing spreads of 43%.
Bears Say
Interest ExpensesGreater interest expense from refinancing debt at higher interest rates partially offsets positive factors.
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Options Prices
Currently, No data available
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Ownership Overview
0.36% Insiders
2.24% Mutual Funds
24.91% Other Institutional Investors
61.14% Public Companies and
Individual Investors
GRT.UN FAQ
What was Granite Real Estate’s price range in the past 12 months?
Granite Real Estate lowest stock price was C$64.50 and its highest was C$82.88 in the past 12 months.
What is Granite Real Estate’s market cap?
Granite Real Estate’s market cap is C$4.17B.
When is Granite Real Estate’s upcoming earnings report date?
Granite Real Estate’s upcoming earnings report date is May 07, 2025 which is in 54 days.
How were Granite Real Estate’s earnings last quarter?
Granite Real Estate released its earnings results on Feb 26, 2025. The company reported C$1.329 earnings per share for the quarter, beating the consensus estimate of N/A by C$1.329.
Is Granite Real Estate overvalued?
According to Wall Street analysts Granite Real Estate’s price is currently Undervalued.
Does Granite Real Estate pay dividends?
Granite Real Estate pays a Monthly dividend of C$3.324 which represents an annual dividend yield of 4.93%. See more information on Granite Real Estate dividends here
What is Granite Real Estate’s EPS estimate?
Granite Real Estate’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Granite Real Estate have?
Granite Real Estate has 62,265,785 shares outstanding.
What happened to Granite Real Estate’s price movement after its last earnings report?
Granite Real Estate reported an EPS of C$1.329 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.792%.
Which hedge fund is a major shareholder of Granite Real Estate?
Currently, no hedge funds are holding shares in TSE:GRT.UN
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Granite Real Estate Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$86.00 (28.28% Upside)
C$86.00 (28.28% Upside)
Blogger Sentiment
Bullish
TSE:GRT.UN Sentiment 70%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth C$74.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 8.2%
Last 30 Days ▼ 8.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.79%
12-Months-Change
Fundamentals
Return on Equity
6.55%
Trailing 12-Months
Asset Growth
6.10%
Trailing 12-Months
Company Description
Granite Real Estate
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, and management of primarily industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's largest tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
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GRT.UN Stock 12 Month Forecast
Average Price Target
C$86.00
▲(28.28% Upside)
Technical Analysis
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Best Analysts Covering GRT.UN
1 Year
1 Year Success Rate
0/0 ratings generated profit
1 Year Average Return
-
a rating ―
Copying Mark Rothschild's trades and holding each position for 1 Year would result in - of your transactions generating a profit, with an average return of - per trade.
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