Granite Real Estate Investment Trust (TSX: GRT.UN)
Canada
· Delayed Price · Currency is CAD | Market Cap | 4.97B |
| Revenue (ttm) | 540.51M |
| Net Income (ttm) | 229.71M |
| Shares Out | 62.74M |
| EPS (ttm) | 3.66 |
| PE Ratio | 21.64 |
| Forward PE | 14.45 |
| Dividend | 3.30 (4.16%) |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 1,776 |
| Open | 79.02 |
| Previous Close | 79.24 |
| Day's Range | 79.02 - 79.73 |
| 52-Week Range | 62.72 - 80.14 |
| Beta | 1.18 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 6, 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: Still Rock-Solid
Bullish on Granite as GARP play with attractive valuation. Market sentiment improving with supply pipeline contracting. Units up 5%, trading at attractive levels, downgraded to Buy from Strong Buy due...
Granite REIT Declares Distribution for August 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 reports Q2 results
Granite Announces 2024 Second Quarter Results and the Issuance of its 2023 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...
Granite REIT Declares Distribution for July 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: Solid As A Rock
We are upgrading Granite REIT to Strong Buy due to an anticipated rebound in leasing fundamentals and its historically low valuation. Q1 earnings showed modest rent and revenue growth, stable occupanc...
Granite REIT Notice of Conference Call for Second 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 second quarter ended June 30, 2024 after the cl...
Granite Real Estate Investment declares CAD 0.275 dividend
Granite Real Estate Investment (GRP.UN) declares CAD 0.275/share monthly dividend, in line with previous. Payable July 15; for shareholders of record June 28; e
Granite REIT Declares Distribution for June 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 Court Approval of Proposed Unwind of Stapled Unit Structure
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 that the Supr...
Granite Announces Voting Results From Its 2024 Joint Annual General and Special 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 o...
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: Industrial Powerhouse Gets To The Right Multiple
Granite REIT's Q1-2024 report shows positive growth in revenue, NOI, and FFO. US side occupancy levels are at the low end of what we have seen for the last decade. We go over why Granite is about two ...
Granite REIT Declares Distribution for May 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 stapled unit for the month of May 20...
Granite REIT Declares Distribution for May 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 2024 First Quarter 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...
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 REIT: Rock Around The Clock
Granite REIT reported a strong Q4 '23 with impressive portfolio performance and rent growth. FFO and AFFO per unit increased, largely driven by one-time items such as favorable FX and elevated interes...
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: Rock Solid Performance At A Reasonable Price
Granite Real Estate Investment Trust is a Canadian REIT with a diversified portfolio of industrial assets in Canada, the US, Austria, Germany, and the Netherlands. Strong operating performance and tho...
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 ...