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Ticker
GRT-UN.TO

Price
61.87
Stock movement down
-2.93 (-4.52%)
Company name
Granite Real Estate Investment Trust
Exchange
(TO
,
Currency
CAD
)
Sector
Real Estate >
REIT - Industrial
Market cap
3.88B
Ent value
7.61B
Price/Sales
7.05
Price/Book
0.71
Div yield
3.89%
Div growth
-
Growth years
-
FCF payout
60.33%
Trailing P/E
12.60
Forward P/E
-
PEG
-
EPS growth
-26.77%
1 year return
-17.51%
3 year return
-13.74%
5 year return
2.90%
10 year return
3.70%
Last updated: 2025-04-05

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.41
Dividend yield3.89%
Payout frequency-
Maximum yield5.32%
Average yield3.85%
Minimum yield2.93%
Discount to avg yield1.12%
Upside potential1.13%
Yield as % of max yield73.19%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.89%
Current yield distribution47.62%
Yield at 100% (Min)2.93%
Yield at 90%3.18%
Yield at 80%3.37%
Yield at 50% (Median)3.87%
Yield at 20%4.28%
Yield at 10%4.53%
Yield at 0% (Max)5.32%

Dividend per share

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Dividend per share data
Years of growth-
CCC status-
Dividend per share2.41
Payout frequency-
Ex-div date31 Mar 2025
EPS (TTM)4.89
EPS (1y forward)-
EPS growth (5y)-26.77%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
GRT-UN.TOS&P500
DGR MR-24.80%-13.74%
DGR TTM-6.60%
DGR 3 years-3.68%5.24%
DGR 5 years-5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced292 days
EPS growth (5y)-26.77%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM67.18%60.33%
Average--
Forward--

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E12.60
Price to OCF11.32
Price to FCF11.31
Price to EBITDA15.35
EV to EBITDA30.10

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales7.05
Price to Book0.71
EV to Sales13.82

FINANCIALS

Per share

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Per share data
Current share count62.74M
EPS (TTM)4.89
FCF per share (TTM)5.45

Income statement

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Income statement data
Revenue (TTM)550.94M
Gross profit (TTM)460.26M
Operating income (TTM)422.97M
Net income (TTM)308.17M
EPS (TTM)4.89
EPS (1y forward)-

Margins

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Margins data
Gross margin (TTM)83.54%
Operating margin (TTM)76.77%
Profit margin (TTM)55.93%

Balance Sheet

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Balance Sheet data
Cash133.49M
Net receivables9.11M
Total current assets156.27M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets9.32B
Accounts payable6.96M
Short/Current long term debt3.12B
Total current liabilities946.82M
Total liabilities3.86B
Shareholder's equity5.45B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)342.97M
Capital expenditures (TTM)271.00K
Free cash flow (TTM)343.15M
Dividends paid (TTM)207.01M

Financial returns

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Financial returns data
Return on Equity5.65%
Return on Assets3.31%
Return on Invested Capital3.61%
Cash Return on Invested Capital4.02%

STOCK INFORMATION

Stock chart

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Stock price data
Open63.51
Daily high63.80
Daily low60.78
Daily Volume258K
All-time high105.68
1y analyst estimate90.05
Beta1.18
EPS (TTM)4.89
Dividend per share2.41
Ex-div date31 Mar 2025
Next earnings date6 May 2025

Downside potential

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Downside potential data
GRT-UN.TOS&P500
Current price drop from All-time high-41.46%-17.56%
Highest price drop-88.50%-56.47%
Date of highest drop4 Mar 20099 Mar 2009
Avg drop from high-20.12%-11.07%
Avg time to new high34 days12 days
Max time to new high1954 days1805 days
COMPANY DETAILS
GRT-UN.TO (Granite Real Estate Investment Trust) company logo
Marketcap
3.88B
Marketcap category
Mid-cap
Description
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.
Employees
69
Investor relations
-
CEO
Country
Canada
City
Stock type
-
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
TORONTO, March 17, 2025--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for...
March 17, 2025
TORONTO, February 26, 2025--Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) ("Granite" or the "Trust") announced today its consolidated combined results for the three month period and ...
February 26, 2025
TORONTO, February 14, 2025--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit ...
February 14, 2025
TORONTO, February 04, 2025--Granite Real Estate Investment Trust ("Granite" or the "REIT") (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Pa...
February 4, 2025
TORONTO, January 30, 2025--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership ("Gra...
January 30, 2025
TORONTO, January 17, 2025--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit f...
January 17, 2025
TORONTO, December 20, 2024--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the fourth quarter and year ended December 31, 20...
December 20, 2024
TORONTO, December 17, 2024--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit ...
December 17, 2024
TORONTO, November 15, 2024--Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per unit f...
November 15, 2024
TORONTO, November 06, 2024--Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) ("Granite" or the "Trust") announced today its combined results for the three and nine...
November 6, 2024
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