GRT-UN π Granite Real Estate - Overview
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA3874371147
GRT-UN: Industrial Properties, Warehouses, Logistics Facilities
Granite Real Estate Investment Trust, a Canadian-based entity, is focused on the acquisition, development, and management of a diverse portfolio of logistics, warehouse, and industrial properties. This strategic approach enables the trust to capitalize on the growing demand for industrial spaces in key markets. With a significant presence in North America and Europe, Granite has established itself as a major player in the industrial real estate sector.
The trust's portfolio comprises 143 investment properties, totaling approximately 62.9 million square feet of leasable area. This substantial footprint underscores Granite's commitment to providing high-quality industrial spaces that cater to the needs of a wide range of tenants. By maintaining a strong and diversified portfolio, Granite is well-positioned to generate stable cash flows and drive long-term growth. For more information, investors can visit the trust's website at https://www.granitereit.com.
In terms of its investment characteristics, Granite's common stock is listed under the ISIN code CA3874371147. As a member of the Industrial REITs sub-industry, Granite is categorized under the GICS classification system. This designation reflects the trust's specialized focus on industrial real estate, which is distinct from other types of real estate investment trusts. By concentrating on this specific sector, Granite is able to leverage its expertise and resources to deliver value to its shareholders and stakeholders.
Additional Sources for GRT-UN Stock
GRT-UN Stock Overview
Market Cap in USD | 3,042m |
Sector | Real Estate |
Industry | REIT - Industrial |
GiC Sub-Industry | Industrial REITs |
IPO / Inception |
GRT-UN Stock Ratings
Growth 5y | 30.9% |
Fundamental | 31.3% |
Dividend | 63.9% |
Rel. Strength Industry | -138 |
Analysts | - |
Fair Price Momentum | 65.14 CAD |
Fair Price DCF | 141.33 CAD |
GRT-UN Dividends
Dividend Yield 12m | 4.27% |
Yield on Cost 5y | 5.70% |
Annual Growth 5y | 0.83% |
Payout Consistency | 96.4% |
GRT-UN Growth Ratios
Growth Correlation 3m | -89.2% |
Growth Correlation 12m | 37.9% |
Growth Correlation 5y | 40.4% |
CAGR 5y | 5.98% |
CAGR/Mean DD 5y | 0.41 |
Sharpe Ratio 12m | -0.28 |
Alpha | -25.92 |
Beta | 0.78 |
Volatility | 20.84% |
Current Volume | 53.9k |
Average Volume 20d | 94.2k |
As of January 04, 2025, the stock is trading at CAD 70.91 with a total of 53,909 shares traded.
Over the past week, the price has changed by +2.14%, over one month by -5.29%, over three months by -10.45% and over the past year by -2.72%.
Neither. Based on ValueRay Fundamental Analyses, Granite Real Estate is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 31.32 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GRT-UN as of January 2025 is 65.14. This means that GRT-UN is currently overvalued and has a potential downside of -8.14%.
Granite Real Estate has no consensus analysts rating.
According to ValueRays Forecast Model, GRT-UN Granite Real Estate will be worth about 70.4 in January 2026. The stock is currently trading at 70.91. This means that the stock has a potential downside of -0.79%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 88.6 | 24.9% |
Analysts Target Price | - | - |
ValueRay Target Price | 70.4 | -0.8% |