Granite Real Estate Investment Trust (TSX: GRT.UN)
Canada
· Delayed Price · Currency is CAD | Market Cap | 4.30B |
| Revenue (ttm) | 521.25M |
| Net Income (ttm) | 136.66M |
| Shares Out | 63.28M |
| EPS (ttm) | 2.14 |
| PE Ratio | 31.50 |
| Forward PE | 13.85 |
| Dividend | 2.20 (3.24%) |
| Ex-Dividend Date | Apr 29, 2024 |
| Volume | 20,550 |
| Open | 68.04 |
| Previous Close | 68.05 |
| Day's Range | 67.53 - 68.27 |
| 52-Week Range | 62.72 - 83.90 |
| Beta | 1.14 |
| Analysts | n/a |
| Price Target | 88.28 (+30.01%) |
| Earnings Date | May 8, 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]
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 StatementsNews
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 ...
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...
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...
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 ...
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...
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 ...
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 ...
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...
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.
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 –...
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...
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...
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...
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...
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...
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...
Granite Announces Second Quarter 2023 Results and the Issuance of its 2022 Global ESG+R Report
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 six mo...
How Much Upside is Left in Granite Real Estate Inc. (GRP.U)? Wall Street Analysts Think 25.18%
The mean of analysts' price targets for Granite Real Estate Inc. (GRP.U) points to a 25.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreem...
Granite REIT Declares Distribution for July 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...
Granite REIT Notice of Conference Call for Second 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 second quarter ended June 30, 2023 after the cl...
Granite REIT Declares Distribution for June 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...
Granite REIT Announces Voting Results From Its 2023 Joint Annual General 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 of...
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...
Granite REIT Declares Distribution for May 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...
Granite Announces First Quarter 2023 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...