Granite Real Estate Investment Trust (TSX:GRT.UN)
Canada
· Delayed Price · Currency is CAD | Market Cap | 3.98B |
| Revenue (ttm) | 583.55M |
| Net Income (ttm) | 315.36M |
| Shares Out | 61.32M |
| EPS (ttm) | 5.10 |
| PE Ratio | 12.73 |
| Forward PE | 11.08 |
| Dividend | 3.40 (5.23%) |
| Ex-Dividend Date | Apr 30, 2025 |
| Volume | 94,994 |
| Average Volume | 105,587 |
| Open | 65.98 |
| Previous Close | 64.95 |
| Day's Range | 65.66 - 67.04 |
| 52-Week Range | 55.25 - 82.88 |
| Beta | 1.18 |
| RSI | 62.80 |
| Earnings Date | May 9, 2025 |
About TSX:GRT.UN
Granite 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 63.3 million square feet of gross leasable area. [Read more]
Financial Performance
In 2024, TSX:GRT.UN's revenue was 568.64 million, an increase of 9.09% compared to the previous year's 521.25 million. Earnings were 360.61 million, an increase of 163.87%.
Financial StatementsNews
Granite Announces 2025 First Quarter Results
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) ("Granite" or the "Trust") announced today its condensed consolidated combined results for the three month per...
Granite REIT Declares Distribution for April 2025
Granite Real Estate Investment Trust (" Granite ") ( TSX: GRT .UN / NYSE: GRP.U), ( TSX: GRT.UN / NYSE: GRP .U) announced today that its board of trustees has declared a distribution of CDN $0.2833 ...
Granite REIT Declares Distribution for April 2025
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit fo...
Granite REIT Notice of Conference Call for First Quarter 2025 Results
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the first quarter ended March 31, 2025 after the cl...
Granite REIT Declares Distribution for March 2025
Granite Real Estate Investment Trust (" Granite ") ( TSX: GRT .UN / NYSE: GRP.U), ( TSX: GRT.UN / NYSE: GRP .U) announced today that its board of trustees has declared a distribution of CDN $0.2833 ...
Granite REIT Declares Distribution for March 2025
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit fo...
Granite REIT: Back To A Buy As Yield Hits 5%
After rating Granite Real Estate Investment Trust a buy in September 2023 and March 2024, we downgraded it to a "Hold" in September 2024. Declines in US occupancy and slight downtrends in Canadian and...
Granite REIT Announces Fourth Quarter and Year End Results for 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) ("Granite" or the "Trust") announced today its consolidated combined results for the three month period and ye...
Granite REIT Declares Distribution for February 2025
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit fo...
Granite REIT Announces C$300 Million Offering of Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Gran...
Granite REIT Declares Distribution for January 2025
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit fo...
Granite REIT Notice of Conference Call for Fourth Quarter and Year-End 2024 Results
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the fourth quarter and year ended December 31, 2024...
Granite REIT: Dividend Hike And Improving Fundamentals
Granite remains a Buy due to attractive valuation, strong Q3 performance, and promising long-term fundamentals in the industrial real estate market. Q3 results show healthy rent growth, slight occupan...
Granite REIT Declares Distribution for December 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit fo...
Granite REIT Declares Distribution for November 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per unit for...
Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) announced today its combined results for the three and nine m...
Granite REIT Declares Distribution for October 2024
Granite Real Estate Investment Trust (" Granite ") (TSX: GRT , NYSE: GRP) announced today that its board of trustees has declared a distribution of CDN $0.275 per unit for the month of October 2024. ...
Granite REIT Declares Distribution for October 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per unit for...
Granite REIT Completes C$800 Million Offering of Senior Unsecured Debentures and Repayment of Its US$400 Million Term Loan
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Part...
Granite REIT Notice of Conference Call for Third Quarter 2024 Results
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the third quarter ended September 30, 2024 after th...
Granite REIT: Industrial Powerhouse REIT Delivers In A Timely Fashion
We had rated Granite REIT as a buy in our previous coverage. The REIT had a strong Q2-2024, though there was one notable weakness. We update our outlook for this one and give you our verdict.
Granite Real Estate Investment Trust and Granite REIT Inc. Announce Effective Date of Proposed Unwind of Stapled Unit Structure
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite REIT”) and Granite REIT Inc. (“Granite GP” and, together with Granite REIT, “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced to...
Granite REIT Declares Distribution for September 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled ...
Granite REIT: Still Rock-Solid
Bullish on Granite as GARP play with attractive valuation. Market sentiment improving with supply pipeline contracting. Units up 5%, trading at attractive levels, downgraded to Buy from Strong Buy due...
Granite REIT Declares Distribution for August 2024
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled ...