Granite Real Estate Investment Trust

NYSE:GRP.U Stock Report

Market Cap: US$3.8b

Granite Real Estate Investment Trust Future Growth

Future criteria checks 2/6

Granite Real Estate Investment Trust is forecast to grow earnings and revenue by 16.5% and 6.5% per annum respectively.

Key information

16.5%

Earnings growth rate

n/a

EPS growth rate

Industrial REITs earnings growth15.1%
Revenue growth rate6.5%
Future return on equityn/a
Analyst coverage

Low

Last updated12 Aug 2024

Recent future growth updates

No updates

Recent updates

Granite REIT: Solid Performance But Still Not Our First Choice

Jun 06

Granite Real Estate Investment FFO of $0.97 beats by $0.16, revenue of $111.6M beats by $30.51M

Nov 10

Granite Real Estate Investment declares CAD 0.2583 dividend

Sep 16

Granite REIT: Revisiting This Industrial REIT

Sep 01

Granite Real Estate Investment declares CAD 0.2583 dividend

Aug 17

Granite Real Estate Investment declares CAD 0.2583 dividend

Jul 18

Granite REIT: Good Growth Play

Dec 01

Earnings and Revenue Growth Forecasts

NYSE:GRP.U - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202663738948N/A4
12/31/202560335820N/A5
12/31/202456633735N/A5
6/30/2024541230322322N/A
3/31/2024531216313313N/A
12/31/2023521137313313N/A
9/30/2023517-21302303N/A
6/30/2023497-147295296N/A
3/31/2023477-332290291N/A
12/31/2022456156277277N/A
9/30/2022435623265266N/A
6/30/20224221,138266267N/A
3/31/20224061,578268268N/A
12/31/20213931,310262262N/A
9/30/20213811,136268269N/A
6/30/2021371820257258N/A
3/31/2021358579258259N/A
12/31/2020340430248249N/A
9/30/2020320353238239N/A
6/30/2020301362212213N/A
3/31/2020288385197198N/A
12/31/2019273382183183N/A
9/30/2019259377168168N/A
6/30/2019254421166166N/A
3/31/2019249471161161N/A
12/31/2018246465158158N/A
9/30/2018249613161161N/A
6/30/2018245506161161N/A
3/31/2018243400N/A150N/A
12/31/2017243358N/A159N/A
9/30/2017235154N/A151N/A
6/30/2017232253N/A151N/A
3/31/2017228268N/A157N/A
12/31/2016223281N/A160N/A
9/30/2016224297N/A165N/A
6/30/2016223193N/A169N/A
3/31/2016220184N/A168N/A
12/31/2015216196N/A160N/A
9/30/2015212171N/A164N/A
6/30/2015209128N/A124N/A
3/31/2015208106N/A140N/A
12/31/201420764N/A93N/A
9/30/201420838N/A82N/A
6/30/201420454N/A118N/A
3/31/201419867N/A89N/A
12/31/2013190143N/A128N/A
9/30/2013184162N/A124N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GRP.U's forecast earnings growth (16.5% per year) is above the savings rate (2.5%).

Earnings vs Market: GRP.U's earnings (16.5% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: GRP.U's earnings are forecast to grow, but not significantly.

Revenue vs Market: GRP.U's revenue (6.5% per year) is forecast to grow slower than the US market (8.7% per year).

High Growth Revenue: GRP.U's revenue (6.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GRP.U's Return on Equity is forecast to be high in 3 years time

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