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Granite Real Estate Investment Trust (GRT.UN) Competitors

C$67.42
+0.14 (+0.21%)
(As of 05/31/2024 ET)

GRT.UN vs. SMU.UN, DIR.UN, WIR.U, NXR.UN, FSV, CIGI, CAR.UN, REI.UN, TCN, and CHP.UN

Should you be buying Granite Real Estate Investment Trust stock or one of its competitors? The main competitors of Granite Real Estate Investment Trust include Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), WPT Industrial Real Estate Investment (WIR.U), Nexus Industrial REIT (NXR.UN), FirstService (FSV), Colliers International Group (CIGI), Canadian Apartment Properties REIT (CAR.UN), RioCan Real Estate Investment Trust (REI.UN), Tricon Residential (TCN), and Choice Properties Real Est Invstmnt Trst (CHP.UN). These companies are all part of the "real estate" sector.

Granite Real Estate Investment Trust vs.

Summit Industrial Income REIT (TSE:SMU.UN) and Granite Real Estate Investment Trust (TSE:GRT.UN) are both mid-cap real estate companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, community ranking, institutional ownership, risk, valuation, media sentiment, earnings and analyst recommendations.

Summit Industrial Income REIT pays an annual dividend of C$0.57 per share. Granite Real Estate Investment Trust pays an annual dividend of C$3.30 per share and has a dividend yield of 4.9%. Summit Industrial Income REIT pays out 21.6% of its earnings in the form of a dividend. Granite Real Estate Investment Trust pays out 96.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

In the previous week, Granite Real Estate Investment Trust had 3 more articles in the media than Summit Industrial Income REIT. MarketBeat recorded 3 mentions for Granite Real Estate Investment Trust and 0 mentions for Summit Industrial Income REIT. Summit Industrial Income REIT's average media sentiment score of 1.44 beat Granite Real Estate Investment Trust's score of 0.00 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Summit Industrial Income REIT Neutral
Granite Real Estate Investment Trust Positive

Summit Industrial Income REIT has higher earnings, but lower revenue than Granite Real Estate Investment Trust. Summit Industrial Income REIT is trading at a lower price-to-earnings ratio than Granite Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Summit Industrial Income REITC$246.09M0.00C$501.55MC$2.64N/A
Granite Real Estate Investment TrustC$530.59M7.98C$216.01MC$3.4119.72

Granite Real Estate Investment Trust has a net margin of 40.71% compared to Granite Real Estate Investment Trust's net margin of 0.00%. Summit Industrial Income REIT's return on equity of 3.97% beat Granite Real Estate Investment Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Summit Industrial Income REITN/A N/A N/A
Granite Real Estate Investment Trust 40.71%3.97%2.74%

30.6% of Summit Industrial Income REIT shares are owned by institutional investors. Comparatively, 74.5% of Granite Real Estate Investment Trust shares are owned by institutional investors. 6.9% of Summit Industrial Income REIT shares are owned by company insiders. Comparatively, 0.3% of Granite Real Estate Investment Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Granite Real Estate Investment Trust has a consensus price target of C$87.70, suggesting a potential upside of 31.25%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit Industrial Income REIT
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
3.22

Granite Real Estate Investment Trust received 178 more outperform votes than Summit Industrial Income REIT when rated by MarketBeat users. Likewise, 57.06% of users gave Granite Real Estate Investment Trust an outperform vote while only 53.33% of users gave Summit Industrial Income REIT an outperform vote.

CompanyUnderperformOutperform
Summit Industrial Income REITOutperform Votes
24
53.33%
Underperform Votes
21
46.67%
Granite Real Estate Investment TrustOutperform Votes
202
57.06%
Underperform Votes
152
42.94%

Summary

Granite Real Estate Investment Trust beats Summit Industrial Income REIT on 14 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRT.UN vs. The Competition

MetricGranite Real Estate Investment TrustREIT IndustryReal Estate SectorTSE Exchange
Market CapC$4.24BC$2.60BC$1.26BC$5.36B
Dividend Yield4.71%5.98%7.59%5.58%
P/E Ratio19.72267.07238.7423.64
Price / Sales7.98827.761,600.692,498.25
Price / Cash17.7856.8054.9179.73
Price / Book0.790.861.323.51
Net IncomeC$216.01MC$11.37M-C$73.68MC$285.97M
7 Day Performance-1.18%0.24%-0.24%-0.63%
1 Month Performance-1.20%3.24%2.42%2.22%
1 Year Performance-15.60%-0.16%0.95%31.05%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SMU.UN
Summit Industrial Income REIT
0 of 5 stars
N/AN/AN/AC$4.46BC$246.09M8.89N/A
DIR.UN
Dream Industrial Real Estate Invest Trst
2.908 of 5 stars
C$12.22
+0.8%
C$15.94
+30.4%
-11.0%C$3.36BC$481.20M17.7190Positive News
WIR.U
WPT Industrial Real Estate Investment
0 of 5 stars
N/AN/AN/AC$1.84BC$217.88M4.6822High Trading Volume
NXR.UN
Nexus Industrial REIT
4.1418 of 5 stars
C$7.06
+0.4%
C$8.42
+19.2%
-16.9%C$486.36MC$157.72M3.03N/APositive News
FSV
FirstService
0 of 5 stars
C$196.56
+1.1%
C$187.33
-4.7%
-0.5%C$8.84BC$4.47B71.4829,000
CIGI
Colliers International Group
0.9974 of 5 stars
C$151.99
+0.6%
C$150.00
-1.3%
+20.0%C$7.63BC$4.37B52.0519,230Positive News
CAR.UN
Canadian Apartment Properties REIT
1.1173 of 5 stars
C$43.76
+1.5%
C$56.30
+28.7%
-10.0%C$7.31BC$1.08B-58.35908
REI.UN
RioCan Real Estate Investment Trust
2.2451 of 5 stars
C$17.03
+1.2%
C$20.86
+22.5%
-14.8%C$5.12BC$1.21B100.18585Positive News
TCN
Tricon Residential
1.7188 of 5 stars
N/AC$12.39
+∞
N/AC$4.18BC$884.73M27.39978
CHP.UN
Choice Properties Real Est Invstmnt Trst
0 of 5 stars
C$12.67
+1.0%
C$14.81
+16.9%
-7.2%C$4.15BC$1.45B13.77238

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This page (TSE:GRT.UN) was last updated on 5/31/2024 by MarketBeat.com Staff

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