Granite Real Estate Investment Trust (TSX:GRT.UN)
Market Cap | 4.21B |
Revenue (ttm) | 583.55M |
Net Income (ttm) | 315.36M |
Shares Out | 60.90M |
EPS (ttm) | 5.10 |
PE Ratio | 13.56 |
Forward PE | 12.96 |
Dividend | 3.40 (4.91%) |
Ex-Dividend Date | Jun 30, 2025 |
Volume | 120,682 |
Average Volume | 72,546 |
Open | 69.13 |
Previous Close | 69.13 |
Day's Range | 68.38 - 69.75 |
52-Week Range | 55.25 - 82.88 |
Beta | 1.18 |
RSI | 53.47 |
Earnings Date | Aug 6, 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 144 investment properties representing approximately 63.3 million square feet of gross leasable area. [Read more]
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 StatementsNews
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...

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...

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...

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...
Granite Real Estate Investment declares CAD 0.2833 dividend
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 ...

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...

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...

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...
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 ...

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...

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...
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 ...

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...

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...

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...

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...

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...

Granite REIT Declares Distribution for January 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...

Granite REIT Notice of Conference Call for Fourth Quarter and Year-End 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 fourth quarter and year ended December 31, 2024...

Granite REIT: Dividend Hike And Improving Fundamentals
Granite remains a Buy due to attractive valuation, strong Q3 performance, and promising long-term fundamentals in the industrial real estate market. Q3 results show healthy rent growth, slight occupan...

Granite REIT Declares Distribution for December 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 $0.2833 per unit fo...

Granite REIT Declares Distribution for November 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 unit for...

Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024
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 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 unit for the month of October 2024. ...