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

Canada flag Canada · Delayed Price · Currency is CAD
76.13
+0.23 (0.30%)
Sep 18, 2025, 4:00 PM EDT
0.30%
Market Cap4.60B
Revenue (ttm)593.05M
Net Income (ttm)334.19M
Shares Out60.59M
EPS (ttm)5.52
PE Ratio13.76
Forward PE13.15
Dividend3.40 (4.48%)
Ex-Dividend DateSep 29, 2025
Volume149,595
Average Volume81,693
Open76.22
Previous Close75.90
Day's Range75.91 - 76.75
52-Week Range55.25 - 82.88
Beta1.18
RSI43.67
Earnings DateNov 5, 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 141 investment properties representing approximately 60.6 million square feet of gross leasable area. [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 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...

2 days 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 ...

4 weeks 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...

4 weeks 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 weeks 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...

6 weeks 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...

2 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...

2 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...

2 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...

3 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...

3 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 ...

4 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...

4 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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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 ...

5 months ago - Benzinga

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

6 months ago - Benzinga

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...

6 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire