GRT.UN Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Granite Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$70.73 |
| 52 Week High | CA$83.90 |
| 52 Week Low | CA$62.72 |
| Beta | 1.16 |
| 1 Month Change | -2.12% |
| 3 Month Change | -5.31% |
| 1 Year Change | -13.29% |
| 3 Year Change | -13.01% |
| 5 Year Change | 13.42% |
| Change since IPO | 163.92% |
Recent News & Updates
Shareholder Returns
| GRT.UN | CA Industrial REITs | CA Market | |
|---|---|---|---|
| 7D | -0.5% | 2.5% | -0.04% |
| 1Y | -13.3% | -7.8% | 10.3% |
Return vs Industry: GRT.UN underperformed the Canadian Industrial REITs industry which returned -8.7% over the past year.
Return vs Market: GRT.UN underperformed the Canadian Market which returned 10.1% over the past year.
Price Volatility
| GRT.UN volatility | |
|---|---|
| GRT.UN Average Weekly Movement | 3.2% |
| Industrial REITs Industry Average Movement | 3.2% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: GRT.UN has not had significant price volatility in the past 3 months.
Volatility Over Time: GRT.UN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 69 | Kevan Gorrie | www.granitereit.com |
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.
Granite Real Estate Investment Trust Fundamentals Summary
| GRT.UN fundamental statistics | |
|---|---|
| Market cap | CA$4.43b |
| Earnings (TTM) | CA$216.01m |
| Revenue (TTM) | CA$530.59m |
20.6x
P/E Ratio8.4x
P/S RatioIs GRT.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRT.UN income statement (TTM) | |
|---|---|
| Revenue | CA$530.59m |
| Cost of Revenue | CA$88.28m |
| Gross Profit | CA$442.30m |
| Other Expenses | CA$226.29m |
| Earnings | CA$216.01m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.43 |
| Gross Margin | 83.36% |
| Net Profit Margin | 40.71% |
| Debt/Equity Ratio | 57.4% |
How did GRT.UN perform over the long term?
See historical performance and comparison