Granite Real Estate Investment Trust (TSX:GRT.UN)
96.42
+0.22 (0.23%)
At close: Jun 26, 2026
TSX:GRT.UN Stock Forecast
Stock Price Forecast
According to 10 analysts polled by S&P Global, TSX:GRT.UN stock has a consensus rating of "Buy" and an average price target of $104.60. The average 1-year stock price forecast is 8.48% higher than the current stock price, while the lowest is $101.00 (+4.75%) and the highest is $110.00 (+14.08%).
Price Target: $104.60 (+8.48%)
Analyst Consensus: Buy
* Price targets were last updated on May 11, 2026.
Analyst Ratings
The average analyst rating for TSX:GRT.UN stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $100.00 → $108.00 | Buy | Reiterates | $100.00 → $108.00 | +12.01% | May 11, 2026 |
| CIBC | CIBC | Buy Reiterates $98.00 → $105.00 | Buy | Reiterates | $98.00 → $105.00 | +8.90% | May 8, 2026 |
Unknown Analyst TD Cowen No rating | TD Cowen | Buy Maintains $96.00 → $101.00 | Buy | Maintains | $96.00 → $101.00 | +4.75% | May 7, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $100.00 | Buy | Maintains | $100.00 | +3.71% | Mar 16, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $97.00 | Buy | Maintains | $97.00 | +0.60% | Feb 26, 2026 |
Financial Forecast
Revenue This Year
668.40M
from 617.89M
Increased by 8.17%
Revenue Next Year
702.05M
from 668.40M
Increased by 5.03%
EPS This Year
6.27
EPS Next Year
6.64
from 6.27
Increased by 5.90%
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 672.5M | ||
| Avg | 668.4M | ||
| Low | 665.2M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.8% | ||
| Avg | 8.2% | ||
| Low | 7.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 6.27 | ||
| Low | - |
EPS Growth
| EPS Growth | 2027 | 2028 |
|---|---|---|
| High | - | |
| Avg | 5.9% | |
| Low | - |