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

Canada flag Canada · Delayed Price · Currency is CAD
83.33
+0.32 (0.39%)
Jan 6, 2026, 4:00 PM EST
17.52%
Market Cap5.05B
Revenue (ttm)604.17M
Net Income (ttm)290.62M
Shares Out60.59M
EPS (ttm)4.80
PE Ratio17.37
Forward PE13.95
Dividend3.55 (4.26%)
Ex-Dividend DateDec 31, 2025
Volume85,766
Average Volume69,719
Open83.42
Previous Close83.01
Day's Range82.78 - 83.68
52-Week Range55.25 - 83.95
Beta1.18
RSI73.82
Earnings DateFeb 25, 2026

About TSX:GRT.UN

Granite is a Canadian-based real estate investment trust ("REIT") focused on acquiring, the development, ownership and management of buildings, mainly logistics facilities, warehouses and industrial buildings in North America and Europe. As of November 5, 2025, Granite owned a gross leasable area of approximately 60.9 million square feet in 140 investment properties spread across in five countries. Granite has a highly integrated team of real estate professionals with extensive experience in operations, leasing, development, investment, and ass... [Read more]

Founded 2003
Employees 70
Stock Exchange Toronto Stock Exchange
Ticker Symbol GRT.UN
Full Company Profile

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 Statements

News

Granite REIT Notice of Conference Call for Fourth Quarter and Year-End 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 fourth quarter and year ended December 31, 2025...

15 days ago - Business Wire

Granite REIT Declares Distribution for December 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 $0.2958 per unit fo...

20 days ago - Business Wire

Granite Real Estate Investment Trust Announces Final Day of Trading on the NYSE

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite” or the “Trust”) (TSX: GRT.UN / NYSE: GRP.U) announced today that the last day of trading for Granite's trust units ("Units") o...

25 days ago - Business Wire

Granite Real Estate Investment Trust Announces Its Intention to Voluntarily Delist From the NYSE and Deregister From Its SEC Reporting Obligations

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite” or the “Trust”) (TSX: GRT.UN / NYSE: GRP.U) announced today its intention to voluntarily delist its trust units ("Units") from...

27 days ago - Business Wire

Granite REIT Declares Distribution for November 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...

7 weeks ago - Business Wire

Granite Real Estate Investment Trust (GRT.UN:CA) Q3 2025 Earnings Call Transcript

Granite Real Estate Investment Trust (GRT.UN:CA) Q3 2025 Earnings Call November 6, 2025 11:00 AM ESTCompany ParticipantsTeresa Neto - Chief Financial...

2 months ago - Seeking Alpha

Q3 2025 Granite Real Estate Investment Trust Earnings Call Transcript

Q3 2025 Granite Real Estate Investment Trust Earnings Call Transcript

2 months ago - GuruFocus

Granite REIT Announces 2025 Third Quarter Results and a 4.4% Distribution Increase Commencing in December 2025

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 and nine ...

2 months ago - Business Wire

BlackRock, Inc. Increases Stake in Granite Real Estate Investment Trust

BlackRock, Inc. Increases Stake in Granite Real Estate Investment Trust

2 months ago - GuruFocus

Granite REIT Declares Distribution for October 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...

2 months ago - Business Wire

Granite REIT Declares Distribution for September 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...

4 months ago - Business Wire

Granite REIT Declares Distribution for August 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 ...

5 months ago - Benzinga

Granite REIT Declares Distribution for August 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...

5 months ago - Business Wire

Granite REIT: Industrial Powerhouse Delivering Solid Results

Granite REIT delivered a strong Q2 2025 with rising occupancy, robust leasing spreads, and solid same-property NOI growth, reinforcing its global industrial portfolio strength. It continued its buybac...

5 months ago - Seeking Alpha

Granite REIT Announces 2025 Second Quarter Results, the Closing of $49.5 Million of New Acquisitions, and the Issuance of Its 2024 Global ESG+R Report

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 and six m...

5 months ago - Business Wire

Granite REIT Declares Distribution for July 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...

6 months ago - Business Wire

Granite REIT Notice of Conference Call for Second Quarter 2025 Results

TORONTO — 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, 2025 after the close of markets o...

6 months ago - Financial Post

Granite REIT Notice of Conference Call for Second 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 second quarter ended June 30, 2025 after the cl...

6 months ago - Business Wire

Granite REIT Declares Distribution for June 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...

7 months ago - Business Wire

Granite REIT Announces Voting Results From its 2025 Annual General Meeting of Unitholders

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite REIT” or “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today the results of the matters voted on at its annual general meeti...

7 months ago - Business Wire

Granite REIT Declares Distribution for May 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 ...

8 months ago - Benzinga

Granite REIT Declares Distribution for May 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...

8 months ago - Business Wire

Granite REIT: Pricing In Too Much Risk, Not Enough Resilience

Granite REIT's recent share price decline is overdone, presenting a buying opportunity with an attractive relative valuation and a well-covered 5.14% dividend yield. Granite's conservative debt levels...

8 months ago - Seeking Alpha