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GRT.UN

Granite Real Estate Investment Trust TSX:GRT.UN Stock Report

Last Price

CA$86.20

Market Cap

CA$5.5b

7D

4.7%

1Y

-12.8%

Updated

05 Feb, 2023

Data

Company Financials +

Granite Real Estate Investment Trust

TSX:GRT.UN Stock Report

Mkt Cap: CA$5.5b

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.

GRT.UN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance1/6
Financial Health2/6
Dividends5/6

My Notes

New

Notes are coming soon

Granite Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Granite Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$86.20
52 Week HighCA$100.90
52 Week LowCA$63.29
Beta0.99
1 Month Change21.99%
3 Month Change14.89%
1 Year Change-12.80%
3 Year Change18.07%
5 Year Change78.99%
Change since IPO221.64%

Recent News & Updates

Recent updates

Are Insiders Buying Granite Real Estate Investment Trust (TSE:GRT.UN) Stock?

Feb 16
Are Insiders Buying Granite Real Estate Investment Trust (TSE:GRT.UN) Stock?

What Is The Ownership Structure Like For Granite Real Estate Investment Trust (TSE:GRT.UN)?

Dec 25
What Is The Ownership Structure Like For Granite Real Estate Investment Trust (TSE:GRT.UN)?

Shareholder Returns

GRT.UNCA REITsCA Market
7D4.7%0.6%-0.05%
1Y-12.8%-8.1%-3.3%

Return vs Industry: GRT.UN underperformed the Canadian REITs industry which returned -8.1% over the past year.

Return vs Market: GRT.UN underperformed the Canadian Market which returned -3.3% over the past year.

Price Volatility

Is GRT.UN's price volatile compared to industry and market?
GRT.UN volatility
GRT.UN Average Weekly Movement3.8%
REITs Industry Average Movement3.3%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.0%
10% least volatile stocks in CA Market3.9%

Stable Share Price: GRT.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GRT.UN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aKevan Gorriehttps://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 108 investment properties representing approximately 45.3 million square feet of leasable area.

Granite Real Estate Investment Trust Fundamentals Summary

How do Granite Real Estate Investment Trust's earnings and revenue compare to its market cap?
GRT.UN fundamental statistics
Market CapCA$5.49b
Earnings (TTM)CA$623.25m
Revenue (TTM)CA$435.28m

8.8x

P/E Ratio

12.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GRT.UN income statement (TTM)
RevenueCA$435.28m
Cost of RevenueCA$71.04m
Gross ProfitCA$364.24m
Other Expenses-CA$259.01m
EarningsCA$623.25m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Mar 08, 2023

Earnings per share (EPS)9.78
Gross Margin83.68%
Net Profit Margin143.18%
Debt/Equity Ratio53.1%

How did GRT.UN perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

72%

Payout Ratio