GRP.U 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Granite Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$53.14 |
| 52 Week High | CA$65.63 |
| 52 Week Low | CA$48.52 |
| Beta | 0 |
| 11 Month Change | -3.39% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -10.77% |
Recent News & Updates
Recent updates
Shareholder Returns
| GRP.U | US Industrial REITs | US Market | |
|---|---|---|---|
| 7D | -0.8% | 1.0% | -1.2% |
| 1Y | n/a | 3.0% | 30.4% |
Return vs Industry: Insufficient data to determine how GRP.U performed against the US Industrial REITs industry.
Return vs Market: Insufficient data to determine how GRP.U performed against the US Market.
Price Volatility
| GRP.U volatility | |
|---|---|
| GRP.U Average Weekly Movement | 7.9% |
| Industrial REITs Industry Average Movement | 3.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GRP.U has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: Insufficient data to determine GRP.U's volatility change 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
| GRP.U fundamental statistics | |
|---|---|
| Market cap | US$3.33b |
| Earnings (TTM) | US$220.42m |
| Revenue (TTM) | US$394.07m |
15.1x
P/E Ratio8.4x
P/S RatioIs GRP.U overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRP.U income statement (TTM) | |
|---|---|
| Revenue | CA$550.94m |
| Cost of Revenue | CA$90.05m |
| Gross Profit | CA$460.90m |
| Other Expenses | CA$152.73m |
| Earnings | CA$308.17m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.91 |
| Gross Margin | 83.66% |
| Net Profit Margin | 55.93% |
| Debt/Equity Ratio | 57.0% |
How did GRP.U perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield62%
Payout RatioDoes GRP.U pay a reliable dividends?
See GRP.U dividend history and benchmarks| Granite Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Nov 27 2024 |
| Dividend Pay Date | Dec 16 2024 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 25 days |
Does GRP.U pay a reliable dividends?
See GRP.U dividend history and benchmarks