GRT.UN — Granite Real Estate Investment Trust Share Price
Last trade - 00:00- CA$4.37bn
- CA$7.36bn
- CA$521.25m
- 81
- 58
- 58
- 72
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 12.73 | ||
| PEG Ratio (f) | 0.3 | ||
| EPS Growth (f) | 74.26% | ||
| Dividend Yield (f) | 4.81% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.83 | ||
| Price to Tang. Book | 0.83 | ||
| Price to Free Cashflow | 13.95 | ||
| Price to Sales | 8.38 | ||
| EV to EBITDA | 18.68 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 3.69% | ||
| Return on Equity | 2.54% | ||
| Operating Margin | 61.48% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | CA$m | 273.68 | 340.2 | 393.49 | 455.58 | 521.25 | 551.31 | 586.46 | 16.06% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | -24.22 | -7.32 | +183.97 | -88.38 | -10.34 | +149.22 | +5.44 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 62.9 million square feet of leasable area. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. The Trust's investment properties consist of income-producing properties, properties under development and land held for development. The income producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.
Directors
- Kelly Marshall NEC (55)
- Kevan Gorrie PRE (52)
- Teresa Neto CFO (56)
- Lorne Kumer EVP
- Michael Ramparas EVP
- Lawrence Clarfield SVP
- Peter Aghar IND (53)
- Remco Daal IND (55)
- Fern Grodner IND (67)
- Aladin Mawani IND (69)
- Gerald Miller IND (65)
- Sheila Murray IND (65)
- Emily Pang IND
- Jennifer Warren IND (56)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- January 3rd, 2013
- Public Since
- August 20th, 2003
- No. of Employees
- 69
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
- Toronto Stock Exchange
- Shares in Issue
- 63,277,771
- Address
- Td Centre, 77 King St. West, Suite 4010, TORONTO, M5K 1H1
- Web
- https://granitereit.com/
- Phone
- +1 6479257522
- Contact
- Andrea Sanelli
- Auditors
- Deloitte LLP
Latest News for GRT.UN
Upcoming Events for GRT.UN
Dividend For GRT_u.TO - 0.2750 CAD
Q1 2024 Granite Real Estate Investment Trust Earnings Release
Q1 2024 Granite Real Estate Investment Trust Earnings Call
Granite Real Estate Investment Trust Extraordinary Shareholders Meeting
Granite Real Estate Investment Trust Annual Shareholders Meeting
Granite Real Estate Investment Trust Annual Shareholders Meeting
Q2 2024 Granite Real Estate Investment Trust Earnings Release
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FAQ
As of Today at 19:09 UTC, shares in Granite Real Estate Investment Trust are trading at CA$69.00. This share price information is delayed by 15 minutes.
Shares in Granite Real Estate Investment Trust last closed at CA$69.00 and the price had moved by -18.83% over the past 365 days. In terms of relative price strength the Granite Real Estate Investment Trust share price has underperformed the Toronto Stock Exchange 300 Composite Index by -22.98% over the past year.
The overall consensus recommendation for Granite Real Estate Investment Trust is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Granite Real Estate Investment Trust dividend yield is 4.65% based on the trailing twelve month period.
Last year, Granite Real Estate Investment Trust paid a total dividend of CA$3.21, and it currently has a trailing dividend yield of 4.65%.Looking ahead, shares in Granite Real Estate Investment Trust are due to go ex-dividend on 2024-04-29 and the next dividend pay date is 2024-05-15.
Granite Real Estate Investment Trust are due to go ex-dividend on 2024-04-29 and the next dividend pay date is 2024-05-15. The historic dividend yield on Granite Real Estate Investment Trust shares is currently 4.65%.
To buy shares in Granite Real Estate Investment Trust you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of CA$69.00, shares in Granite Real Estate Investment Trust had a market capitalisation of CA$4.37bn.
Here are the trading details for Granite Real Estate Investment Trust:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: GRT.UN
Based on an overall assessment of its quality, value and momentum Granite Real Estate Investment Trust is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Granite Real Estate Investment Trust is CA$88.72. That is 28.58% above the last closing price of CA$69.00.
Analysts covering Granite Real Estate Investment Trust currently have a consensus Earnings Per Share (EPS) forecast of CA$5.33 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Granite Real Estate Investment Trust. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -9.21%.
As of the last closing price of CA$69.00, shares in Granite Real Estate Investment Trust were trading -6.46% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Granite Real Estate Investment Trust PE ratio based on its reported earnings over the past 12 months is 12.73. The shares last closed at CA$69.00.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Granite Real Estate Investment Trust's management team is headed by:
- Kelly Marshall - NEC
- Kevan Gorrie - PRE
- Teresa Neto - CFO
- Lorne Kumer - EVP
- Michael Ramparas - EVP
- Lawrence Clarfield - SVP
- Peter Aghar - IND
- Remco Daal - IND
- Fern Grodner - IND
- Aladin Mawani - IND
- Gerald Miller - IND
- Sheila Murray - IND
- Emily Pang - IND
- Jennifer Warren - IND