(GRP-UN) Granite Real Estate - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock •

GRP-UN: Logistics, Warehouses, Industrial Properties

Granite Real Estate Investment Trust (NYSE:GRP-UN) is a Canadian-based REIT specializing in the acquisition, development, and management of industrial properties, with a focus on logistics and warehouse facilities. The trust owns a diversified portfolio of 143 properties, spanning approximately 63.3 million square feet of gross leasable area across North America and Europe. This strategic footprint positions Granite to capitalize on the growing demand for industrial space driven by e-commerce expansion and supply chain optimization.

With a market capitalization of $3.014 billion, Granite operates with a price-to-earnings (P/E) ratio of 14.05 and a forward P/E of 11.92, indicating expectations of future growth. The trusts price-to-book (P/B) ratio of 0.79 suggests that its stock is trading below its book value, potentially signaling undervaluation. The price-to-sales (P/S) ratio of 5.47 reflects the premium investors are placing on its revenue generation capabilities, though this metric should be evaluated in the context of the broader industrial real estate market.

As a REIT, Granites performance is closely tied to the strength of its tenant base and the ability to maintain high occupancy rates in its properties. Investors should consider the trusts ability to adapt to evolving industrial real estate trends, such as the rise of automation and the need for modern, efficient logistics facilities. Additionally, Granites geographic diversification across North America and Europe provides exposure to multiple markets, which can mitigate regional economic risks.

For more information, visit their website: https://www.granitereit.com.

Additional Sources for GRP-UN Stock

GRP-UN Stock Overview

Market Cap in USD 2,892m
Sector Real Estate
Industry REIT - Industrial
GiC Sub-Industry Real Estate Development
IPO / Inception

GRP-UN Stock Ratings

Growth 5y 9.88%
Fundamental 44.6%
Dividend 70.8%
Rel. Strength Industry -16.5
Analysts 5/5
Fair Price Momentum 45.62 USD
Fair Price DCF 125.44 USD

GRP-UN Dividends

Dividend Yield 12m 4.73%
Yield on Cost 5y 7.26%
Annual Growth 5y 2.59%
Payout Consistency 99.5%

GRP-UN Growth Ratios

Growth Correlation 3m -58.4%
Growth Correlation 12m -24.7%
Growth Correlation 5y -0.2%
CAGR 5y 8.18%
CAGR/Max DD 5y 0.19
Sharpe Ratio 12m -0.12
Alpha -16.32
Beta 0.59
Volatility 31.09%
Current Volume 4.5k
Average Volume 20d 12.7k
What is the price of GRP-UN stocks?
As of March 16, 2025, the stock is trading at USD 47.24 with a total of 4,464 shares traded.
Over the past week, the price has changed by -1.52%, over one month by -1.87%, over three months by -5.55% and over the past year by -8.27%.
Is Granite Real Estate a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Granite Real Estate (NYSE:GRP-UN) is currently (March 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 44.64 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GRP-UN as of March 2025 is 45.62. This means that GRP-UN is currently overvalued and has a potential downside of -3.43%.
Is GRP-UN a buy, sell or hold?
Granite Real Estate has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy GRP-UN.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
What are the forecast for GRP-UN stock price target?
According to ValueRays Forecast Model, GRP-UN Granite Real Estate will be worth about 49.3 in March 2026. The stock is currently trading at 47.24. This means that the stock has a potential upside of +4.3%.
Issuer Forecast Upside
Wallstreet Target Price 65.3 38.3%
Analysts Target Price 65.3 38.3%
ValueRay Target Price 49.3 4.3%