Granite Real Estate Investment Trust (TSX:GRT.UN)
Canada flag Canada · Delayed Price · Currency is CAD
99.60
+0.18 (0.18%)
Jul 21, 2026, 12:45 PM EST

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 $105.30. The average 1-year stock price forecast is 5.72% higher than the current stock price, while the lowest is $101.00 (+1.41%) and the highest is $112.00 (+12.45%).

Price Target: $105.30 (+5.72%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$101.00$105.30$105.00$112.00
Change+1.41%+5.72%+5.42%+12.45%
* 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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy555555
Buy555555
Hold000000
Sell000000
Strong Sell000000
Total101010101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Buy
Reiterates
$100.00$108.00
BuyReiterates$100.00$108.00+8.43%May 11, 2026
CIBC
CIBC
Buy
Reiterates
$98.00$105.00
BuyReiterates$98.00$105.00+5.42%May 8, 2026
Unknown Analyst
TD Cowen
No rating
TD Cowen
Buy
Maintains
$96.00$101.00
BuyMaintains$96.00$101.00+1.41%May 7, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$100.00
BuyMaintains$100.00+0.40%Mar 16, 2026
BMO Capital
BMO Capital
Buy
Maintains
$97.00
BuyMaintains$97.00-2.61%Feb 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
668.68M
from 617.89M
Increased by 8.22%
Revenue Next Year
702.19M
from 668.68M
Increased by 5.01%
EPS This Year
6.27
from 5.57
Increased by 12.47%
EPS Next Year
6.64
from 6.27
Increased by 5.90%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
393.49M455.58M521.25M568.64M617.89M668.68M
Revenue Growth
15.66%15.78%14.42%9.09%8.66%8.22%
Net Income
1.31B155.77M136.66M360.61M342.34M392.00M
EPS
----5.576.27
EPS Growth
-----12.47%
Dividend / Share
3.013.123.213.323.413.56
Dividend Growth
-3.82%2.74%3.47%2.77%4.26%
Free Cash Flow
165.89M144.22M292.75M230.70M214.91M-12.00M
FFO
251.30M289.30M317.60M343.90M363.00M387.65M
FFO / Share
3.934.434.975.445.916.37
P/FFO
---11.9913.5615.64
No. Analysts
-----4
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High672.5M
Avg668.7M
Low665.2M

Revenue Growth

Revenue Growth202620272028
High
8.8%
Avg
8.2%
Low
7.7%

EPS Forecast

EPS202620272028
High6.27
Avg6.27
Low6.27

EPS Growth

EPS Growth202620272028
High
12.5%
Avg
12.5%
Low
12.5%