Granite Real Estate Investment Trust (GRP.U)

GRP.U Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for GRP.U stock has a target of 86, which predicts a 50.88% increase from the current stock price of 57.

Price Target: $86 (+50.88%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$86	$86	$86	$86
Change	+50.88%	+50.88%	+50.88%	+50.88%

* Price targets were last updated on May 20, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for GRP.U is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25
Strong Buy	0	0	0
Buy	1	1	1
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Pammi Bir RBC Capital	RBC Capital	Buy Reiterates $86	Buy	Reiterates	$86	+50.88%	May 20, 2025
Pammi Bir RBC Capital	RBC Capital	Buy Maintains $91 → $86	Buy	Maintains	$91 → $86	+50.88%	Mar 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

617.80M

Increased by 8.64%

from 568.64M

Revenue Next Year

646.52M

Increased by 4.65%

from 617.80M

EPS This Year

5.27

Decreased by -8.29%

from 5.75

EPS Next Year

6.38

Increased by 21.07%

from 5.27

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	340.20M	393.49M	455.58M	521.25M	568.64M	617.80M	646.52M
Revenue Growth	24.70%	15.66%	15.78%	14.42%	9.09%	8.64%	4.65%
EPS	6.97	19.94	2.45	2.16	5.75	5.27	6.38
EPS Growth	-1.43%	186.19%	-87.74%	-11.78%	166.52%	-8.29%	21.07%
Forward PE	-	-	-	-	-	14.87	12.28
No. Analysts	-	-	-	-	-	2	2

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	644.7M	686.5M
Avg	617.8M	646.5M
Low	595.0M	608.4M

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.4%	11.1%
Avg	8.6%	4.6%
Low	4.6%	-1.5%

EPS Forecast

EPS	2025	2026	2027
High	5.48	6.64
Avg	5.27	6.38
Low	5.12	6.19

EPS Growth

EPS Growth	2025	2026	2027
High	-4.7%	25.9%
Avg	-8.3%	21.1%
Low	-11.0%	17.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.