Granite Real Estate Investment Trust (TSX:GRT.UN)
| Market Cap | 5.19B +9.6% |
| Revenue (ttm) | 644.43M +8.7% |
| Net Income | 364.76M +9.1% |
| EPS | 5.95 +7.8% |
| Shares Out | 62.08M |
| PE Ratio | 14.06 |
| Forward PE | 13.34 |
| Dividend | 3.55 (4.25%) |
| Ex-Dividend Date | Sep 29, 2026 |
| Volume | 108,464 |
| Open | 84.02 |
| Previous Close | 83.99 |
| Day's Range | 82.98 - 84.87 |
| 52-Week Range | 75.00 - 101.50 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 106.30 (+27.17%) |
| Earnings Date | Nov 4, 2026 |
About TSX:GRT.UN
Granite Real Estate Investment Trust 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 145 investment properties representing approximately 61.5 million square feet of leasable area. Granite Real Estate Investment Trust was established in 2003 and was incorporated in Canada. [Read more]
Financial Performance
In 2025, TSX:GRT.UN's revenue was 617.89 million, an increase of 8.66% compared to the previous year's 568.64 million. Earnings were 342.34 million, a decrease of -5.07%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for GRT.UN stock is "Buy." The 12-month stock price target is $106.30, which is an increase of 27.17% from the latest price.
News
Granite Real Estate Investment Trust Transcript: Financial Services Virtual Investor Conference
A diversified industrial REIT with a $9.6 billion portfolio across North America and Europe is focusing growth on the U.K. and U.S. Southeast, maintaining over 98% occupancy and strong NOI growth. Strategic capital allocation, sustainability leadership, and disciplined development underpin continued outperformance and stability.
Granite REIT Notice of Conference Call for Third Quarter 2026 Results
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) expects to announce its financial results for the third quarter ended September 30, 2026 after the close of mar...
Granite REIT Declares Distribution for September 2026
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of...
Granite REIT Declares Distribution for August 2026
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of...
Granite Real Estate Investment Trust Earnings Call Transcript: Q2 2026
Q2 2026 results met guidance with strong same-property NOI growth, improved leverage, and robust leasing spreads. Guidance for 2026 was raised, with FFO and AFFO per unit expected to grow 7–8% and 4–6%, respectively, and liquidity remains high.
Granite Real Estate Investment Trust Registration statement: Q2 2026
Granite Real Estate Investment Trust filed a registration statement on August 6, 2026, providing details about a securities offering with the SEC.
Granite Real Estate Investment Trust Registration statement: Q2 2026
Granite Real Estate Investment Trust filed a registration statement on August 6, 2026, providing details about a securities offering with the SEC.
Granite Real Estate Investment Trust Earnings release: Q2 2026
Granite Real Estate Investment Trust released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Granite Real Estate Investment Trust Slides: Q2 2026
Granite Real Estate Investment Trust has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Granite REIT Announces 2026 Second Quarter Results and the Issuance of Its 2025 Corporate Sustainability Report
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN) ("Granite" or the "Trust") announced today its condensed consolidated results for the three and six month periods ended Jun...
Granite REIT Declares Distribution for July 2026
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of...
Granite REIT Notice of Conference Call for Second Quarter 2026 Results
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) expects to announce its financial results for the second quarter ended June 30, 2026 after the close of markets...