TSE:GRT.UN Granite Real Estate Investment Trust (GRT.UN) Stock Price, News & Analysis C$71.12 +0.64 (+0.91%) (As of 11:04 AM 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$70.45▼C$71.1250-Day RangeC$70.48▼C$79.2952-Week RangeC$64.50▼C$82.88Volume8,001 shsAverage Volume82,912 shsMarket CapitalizationC$4.46 billionP/E Ratio19.59Dividend Yield4.64%Price TargetC$89.72Consensus 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… Granite Real Estate Investment Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks75th Percentile Overall ScoreGRT.UN MarketRank™: Granite Real Estate Investment Trust scored higher than 75% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingBuy Consensus RatingGranite Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageGranite Real Estate Investment Trust has received no research coverage 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 19.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Real Estate Investment Trust is 19.53, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 244.14.Price to Book Value per Share RatioGranite Real Estate Investment Trust has a P/B Ratio of 0.82. 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 Media3.0 / 5News Sentiment1.37 News SentimentGranite Real Estate Investment Trust has a news sentiment score of 1.37. 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 0.64 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 1 people have searched for GRT.UN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 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 HeadlinesBrokerages Set Granite Real Estate Investment Trust (TSE:GRT.UN) Target Price at C$89.72December 22 at 1:55 AM | americanbankingnews.comGranite Real Estate Announces November 2024 DistributionNovember 16, 2024 | markets.businessinsider.comYour chance to get on the next “60-Second Trade”Ever heard of the “60-Second Trade”? It’s a unique cash flow strategy that lets regular traders target anywhere from $100 to a couple of thousand in extra cash flow in as little as 7 days… In on Monday, out on Friday!December 24, 2024 | WealthPress (Ad)Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024November 6, 2024 | theglobeandmail.comGranite Real Estate Investment Trust UnitOctober 22, 2024 | morningstar.comIs Granite REIT Stock a Buy for its 4.3% Dividend Yield?October 22, 2024 | msn.com3 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.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 decreased by 7.0% and is now trading at C$70.91. 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 12/16 Dividend11/27/2024Dividend Payable12/16/2024Today12/24/2024Get 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$89.72 High Stock Price TargetC$93.50 Low Stock Price TargetC$85.00 Potential Upside/Downside+26.5%Consensus RatingBuy Rating Score (0-4)3.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.63 Trailing P/E Ratio19.53 Forward P/E Ratio12.71 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 / Sales8.23 Cash FlowC$3.99 per share Price / Cash Flow17.78 Book ValueC$86.53 per share Price / Book0.82Miscellaneous Outstanding Shares62,740,000Free FloatN/AMarket CapC$4.45 billion OptionableNot Optionable Beta1.18 A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.Get This Free Report This page (TSE:GRT.UN) was last updated on 12/24/2024 by MarketBeat.com Staff From Our Partners"This looks and feels like 2000," says investing legendOur senior analyst Dan Ferris says a new surprise crisis could begin at any moment... and this time, he says i...Stansberry Research | SponsoredA.I. Trading System Helps Some Traders Pocket $1,100 per DAY!What if I told you 60 seconds a day could completely change your life? This AI-powered trading syst...Prosper Trading Academy | SponsoredURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. 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