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Granite Real Estate Investment Trust

GRP_u
View Detailed Chart
53.701USD
+0.406+0.76%
Close 11/21, 16:00ETQuotes delayed by 15 min
3.25BMarket Cap
11.20P/E TTM

Granite Real Estate Investment Trust

53.701
+0.406+0.76%
Intraday
1m
30m
1h
D
W
M
D

Today

+0.76%

5 Days

-1.92%

1 Month

-5.42%

6 Months

+12.23%

Year to Date

+10.63%

1 Year

+1.57%

View Detailed Chart

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Granite Real Estate Investment Trust's Score

Industry at a Glance

Industry Ranking
43 / 197
Overall Ranking
109 / 4593
Industry
Residential & Commercial REITs

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Analyst Rating

Based on 7 analysts
Buy
Current Rating
90.672
Target Price
+70.13%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Granite Real Estate Investment Trust Highlights

StrengthsRisks
Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 20.28% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 396.97M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 57.74%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 57.74%.
Fairly Valued
The company’s latest PE is 15.89, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.71M shares, decreasing 5.41% quarter-over-quarter.

Granite Real Estate Investment Trust News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Granite Real Estate Investment Trust Info

Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.
Ticker SymbolGRP_u
CompanyGranite Real Estate Investment Trust
CEOMr. Kevan S. Gorrie
Websitehttps://granitereit.com/

FAQs

What is the current price of Granite Real Estate Investment Trust (GRP_u)?

The current price of Granite Real Estate Investment Trust (GRP_u) is 53.701.

What is the symbol of Granite Real Estate Investment Trust?

The ticker symbol of Granite Real Estate Investment Trust is GRP_u.

What is the 52-week high of Granite Real Estate Investment Trust?

The 52-week high of Granite Real Estate Investment Trust is 82.450.

What is the 52-week low of Granite Real Estate Investment Trust?

The 52-week low of Granite Real Estate Investment Trust is 55.250.

What is the market capitalization of Granite Real Estate Investment Trust?

The market capitalization of Granite Real Estate Investment Trust is 3.25B.

What is the net income of Granite Real Estate Investment Trust?

The net income of Granite Real Estate Investment Trust is 360.61M.

Is Granite Real Estate Investment Trust (GRP_u) currently rated as Buy, Hold, or Sell?

According to analysts, Granite Real Estate Investment Trust (GRP_u) has an overall rating of Buy, with a price target of 90.672.

What is the Earnings Per Share (EPS TTM) of Granite Real Estate Investment Trust (GRP_u)?

The Earnings Per Share (EPS TTM) of Granite Real Estate Investment Trust (GRP_u) is 3.379.
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