TSE:GRT.UN Granite Real Estate Investment Trust (GRT.UN) Stock Price, News & Analysis C$76.32 +0.22 (+0.29%) (As of 10/23/2024 05:27 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlines About Granite Real Estate Investment Trust Stock (TSE:GRT.UN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GRT.UN alerts:Sign Up Key Stats Today's RangeC$75.50▼C$76.9250-Day RangeC$70.90▼C$81.8252-Week RangeC$62.72▼C$82.88Volume68,495 shsAverage Volume82,420 shsMarket CapitalizationC$4.79 billionP/E Ratio21.02Dividend Yield4.32%Price TargetC$89.06Consensus RatingBuy Company OverviewGranite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 62.9 million square feet of leasable area.Read More… The gold trades I'm making right now (Ad)Back in November, gold made a tiny move of 1.6%. But using a special type of gold trade, I saw a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there were smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period.It's all about catching what I call "Acceleration Cycles." Granite Real Estate Investment Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks63rd Percentile Overall ScoreGRT.UN MarketRank™: Granite Real Estate Investment Trust scored higher than 63% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.6 / 5Analyst RatingBuy Consensus RatingGranite Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageGranite Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.Read more about Granite Real Estate Investment Trust's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Real Estate Investment Trust is 21.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Real Estate Investment Trust is 21.02, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 266.64.Price to Book Value per Share RatioGranite Real Estate Investment Trust has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for GRT.UN. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipGranite Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 4.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Granite Real Estate Investment Trust is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Granite Real Estate Investment Trust's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for GRT.UN. News and Social Media3.3 / 5News Sentiment0.90 News SentimentGranite Real Estate Investment Trust has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Granite Real Estate Investment Trust this week, compared to 0 articles on an average week.Search InterestOnly 2 people have searched for GRT.UN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Granite Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Granite Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.32% of the stock of Granite Real Estate Investment Trust is held by insiders.Percentage Held by Institutions72.38% of the stock of Granite Real Estate Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Granite Real Estate Investment Trust's insider trading history. Receive GRT.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Granite Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address GRT.UN Stock News HeadlinesGranite Real Estate Investment Trust UnitOctober 22 at 12:18 PM | morningstar.comIs Granite REIT Stock a Buy for its 4.3% Dividend Yield?October 22 at 2:14 AM | msn.comWatch this before it gets removed If you missed it, my emergency election broadcast is now available - but will be removed soonOctober 24, 2024 | Porter & Company (Ad)3 Top Canadian Stocks to Safeguard Your RetirementSeptember 23, 2024 | fool.caGranite Real Estate Investment Trust and Granite REIT Inc. Announce Effective Date of Proposed Unwind of Stapled Unit StructureSeptember 19, 2024 | finance.yahoo.comGranite Real Estate Investment Trust (4I7.DU)September 19, 2024 | finance.yahoo.com4 Canadian Stocks to Buy Now and Hold for LifeSeptember 18, 2024 | fool.caBeginner Investors: 3 Top Canadian Stocks for 2024August 22, 2024 | msn.comSee More Headlines GRT.UN Stock Analysis - Frequently Asked Questions How have GRT.UN shares performed this year? Granite Real Estate Investment Trust's stock was trading at C$76.28 at the beginning of 2024. Since then, GRT.UN stock has increased by 0.1% and is now trading at C$76.32. View the best growth stocks for 2024 here. How do I buy shares of Granite Real Estate Investment Trust? Shares of GRT.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. Company Calendar Ex-Dividend for 9/16 Dividend8/30/2024Dividend Payable9/16/2024Today10/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry REIT - Industrial Sub-IndustryReal Estate Current SymbolTSE:GRT.UN CUSIPN/A CIKN/A Webwww.graniterealestate.com Phone647-925-7500FaxN/AEmployees54Year FoundedN/APrice Target and Rating Average Stock Price TargetC$89.06 High Stock Price TargetC$93.50 Low Stock Price TargetC$84.00 Potential Upside/Downside+16.7%Consensus RatingBuy Rating Score (0-4)3.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.63 Trailing P/E Ratio21.02 Forward P/E Ratio13.68 P/E GrowthN/ANet IncomeC$229.71 million Net Margins42.50% Pretax MarginN/A Return on Equity4.28% Return on Assets2.82% Debt Debt-to-Equity Ratio57.74 Current Ratio0.35 Quick Ratio1.61 Sales & Book Value Annual SalesC$540.51 million Price / Sales8.86 Cash FlowC$4.29 per share Price / Cash Flow17.78 Book ValueC$86.53 per share Price / Book0.88Miscellaneous Outstanding Shares62,740,000Free FloatN/AMarket CapC$4.79 billion OptionableNot Optionable Beta1.18 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report This page (TSE:GRT.UN) was last updated on 10/24/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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