Granite Real Estate Investment Trust (TSX: GRT.UN)

Canada flag Canada · Delayed Price · Currency is CAD
67.78
-0.01 (-0.01%)
Jul 2, 2024, 11:29 AM EDT
-10.98%
Market Cap 4.27B
Revenue (ttm) 530.59M
Net Income (ttm) 216.01M
Shares Out 62.76M
EPS (ttm) 3.39
PE Ratio 19.94
Forward PE 13.85
Dividend 2.14 (3.15%)
Ex-Dividend Date Jun 28, 2024
Volume 13,474
Open 66.98
Previous Close 67.79
Day's Range 66.98 - 67.80
52-Week Range 62.72 - 80.81
Beta 1.16
Analysts n/a
Price Target 87.67 (+29.34%)
Earnings Date Aug 7, 2024

About 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 62.9 million square feet of leasable area. [Read more]

Sector Real Estate
CEO Kevan S. Gorrie ICD.D, P. Eng
Employees 69
Stock Exchange Toronto Stock Exchange
Ticker Symbol GRT.UN
Full Company Profile

Financial Performance

In 2023, GRT.UN's revenue was 521.25 million, an increase of 14.41% compared to the previous year's 455.58 million. Earnings were 136.66 million, a decrease of -12.27%.

Financial Statements

News

Granite REIT Notice of Conference Call for Second 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 second quarter ended June 30, 2024 after the cl...

12 days ago - Business Wire

Granite Real Estate Investment declares CAD 0.275 dividend

Granite Real Estate Investment (GRP.UN) declares CAD 0.275/share monthly dividend, in line with previous. Payable July 15; for shareholders of record June 28; e

14 days ago - Seeking Alpha

Granite REIT Declares Distribution for June 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 ...

15 days ago - Business Wire

Granite Real Estate Investment Trust and Granite REIT Inc. Announce Court Approval of Proposed Unwind of Stapled Unit Structure

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite REIT”) and Granite REIT Inc. (“Granite GP”) (collectively, “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that the Supr...

22 days ago - Business Wire

Granite Announces Voting Results From Its 2024 Joint Annual General and Special Meetings of Stapled Unitholders

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite REIT”) and Granite REIT Inc. (“Granite GP”) (collectively, “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today the results o...

26 days ago - Business Wire

Granite Announces Renewal of Normal Course Issuer Bid

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN / NYSE: GRP.U) (“Granite REIT” and “Granite GP”, and collectively, “Granite”) today announced the acce...

5 weeks ago - Business Wire

Granite REIT Declares Distribution for May 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 stapled unit for the month of May 20...

6 weeks ago - Benzinga

Granite REIT Declares Distribution for May 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 ...

6 weeks ago - Business Wire

Granite Announces 2024 First Quarter Results

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 month peri...

7 weeks ago - Business Wire

Granite REIT Declares Distribution for April 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 ...

2 months ago - Business Wire

Granite Real Estate Investment Trust and Granite REIT Inc. Announce Proposal to Unwind 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 tod...

2 months ago - Business Wire

Granite REIT Notice of Conference Call for First 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 first quarter ended March 31, 2024 after the cl...

3 months ago - Business Wire

Granite REIT Declares Distribution for March 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 ...

3 months ago - Business Wire

Granite Announces Fourth Quarter and Year End Results for 2023 and the Appointment of a New Trustee

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 month peri...

4 months ago - Business Wire

Granite REIT Declares Distribution for January 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 ...

5 months ago - Business Wire

Granite REIT Declares Distribution for December 2023

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 ...

7 months ago - Business Wire

Granite REIT Declares Distribution for November 2023

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 $0.2667 per stapled...

8 months ago - Business Wire

Granite Real Estate Investment Trust 2023 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Granite Real Estate Investment Trust in conjunction with their 2023 Q3 earnings call.

8 months ago - Seeking Alpha

Granite Real Estate Investment Trust (GRP.UN) Q3 2023 Earnings Call Transcript

Granite Real Estate Investment Trust (NYSE:NYSE:GRP.UN) Q3 2023 Earnings Conference Call November 9, 2023 11:00 AM ETCompany ParticipantsKevan Gorrie –...

8 months ago - Seeking Alpha

Granite Announces Third Quarter 2023 Results and a 3.125% Distribution Increase Commencing in December 2023

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...

8 months ago - Business Wire

Granite REIT Declares Distribution for October 2023

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 $0.2667 per stapled...

9 months ago - Business Wire

Granite REIT Announces C$400 Million Green Bond Offering and Closing of New €70 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...

9 months ago - Business Wire

Granite REIT Notice of Conference Call for Third Quarter 2023 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, 2023 after th...

9 months ago - Business Wire

Granite REIT Declares Distribution for September 2023

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 $0.2667 per stapled...

10 months ago - Business Wire

Granite REIT Declares Distribution for August 2023

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 $0.2667 per stapled...

11 months ago - Business Wire