Granite Real Estate Investment Trust

TSX:GRT.UN Stock Report

Market Cap: CA$3.9b

Granite Real Estate Investment Trust Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:GRT.UN Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
25 Mar 25BuyCA$20,559Kevan GorrieIndividual300CA$68.53
21 Mar 25BuyCA$6,731Kevan GorrieIndividual100CA$67.31
11 Mar 25BuyCA$19,770Michael RamparasIndividual300CA$65.90
07 Mar 25BuyCA$6,878Kevan GorrieIndividual100CA$68.78
07 Mar 25BuyCA$47,747Kevan GorrieIndividual700CA$68.21

Insider Trading Volume

Insider Buying: GRT.UN insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of GRT.UN?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders259,7880.414%
General Public23,423,99537.4%
Institutions39,018,60162.2%

Dilution of Shares: GRT.UN only recently listed within the past 12 months, with total shares outstanding growing by -2.8% in the past year.

Top Shareholders

Top 25 shareholders own 53.46% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.01%
1832 Asset Management L.P.
5,021,098CA$313.8m7.98%0.3%
5.89%
BMO Asset Management Corp.
3,690,844CA$230.7m3.85%0.07%
5.6%
CIBC Asset Management Inc.
3,508,715CA$219.3m4.84%0.29%
4.87%
RBC Dominion Securities Inc., Asset Management Arm
3,051,978CA$190.8m5.09%0.16%
4.53%
The Vanguard Group, Inc.
2,841,707CA$177.6m0.29%no data
2.75%
Mackenzie Financial Corporation
1,722,899CA$107.7m-0.11%0.08%
2.65%
Fidelity International Ltd
1,659,878CA$103.7m-11%0.03%
2.44%
AGF Management Limited
1,532,352CA$95.8m6.85%0.31%
2.22%
Connor, Clark & Lunn Investment Management Ltd.
1,390,973CA$86.9m-3.77%0.27%
2.05%
RBC Global Asset Management Inc.
1,282,478CA$80.2m-0.54%0.04%
1.74%
FMR LLC
1,088,546CA$68.0m0%no data
1.52%
Mawer Investment Management Ltd.
953,206CA$59.6m0%0.1%
1.27%
Norges Bank Investment Management
798,627CA$49.9m-0.55%no data
1.26%
Intact Investment Management Inc.
788,110CA$49.3m26.2%1.11%
1.03%
Massachusetts Financial Services Company
644,832CA$40.3m-1.14%0.01%
0.78%
Canadian Imperial Bank of Commerce, Asset Management Arm
488,019CA$30.5m4.59%0.05%
0.68%
Toronto-Dominion Bank, Banking Investments
424,892CA$26.6m-0.09%0.04%
0.65%
Manulife Asset Management
410,257CA$25.6m6.18%0.01%
0.59%
Middlefield Capital Corporation
370,000CA$23.1m1,180%1.1%
0.55%
Legal & General Investment Management Limited
344,937CA$21.6m-10.6%no data
0.51%
MD Private Trust Company
317,173CA$19.8m0%1.15%
0.51%
CI Global Asset Management
317,045CA$19.8m0.04%0.03%
0.5%
Cardinal Capital Management, Inc.
315,590CA$19.7m-0.25%0.47%
0.44%
Dimensional Fund Advisors LP
278,546CA$17.4m2.69%no data
0.44%
Guardian Capital LP
275,225CA$17.2m-1.44%0.28%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 10:56
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Granite Real Estate Investment Trust is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
J. ChenBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity