GRANITE REAL ESTATE INVESTME (GRP.U) Stock Price, Forecast & Analysis
NYSE:GRP.U • CA3874372053
GRP.U Key Statistics, Chart & Performance
The current stock price of GRP.U is 59.19 USD. In the past month the price increased by 9.75%. In the past year, price increased by 21.46%.
GRP.U Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to GRP.U. When comparing the yearly performance of all stocks, GRP.U turns out to be only a medium performer in the overall market: it outperformed 68.32% of all stocks.
GRP.U Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to GRP.U. While GRP.U has a great profitability rating, there are some minor concerns on its financial health.
GRP.U Financial Highlights
Over the last trailing twelve months GRP.U reported a non-GAAP Earnings per Share(EPS) of 4.17. The EPS increased by 9.59% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 48.08% | ||
| ROA | 3.02% | ||
| ROE | 5.28% | ||
| Debt/Equity | 0.56 |
GRP.U Forecast & Estimates
13 analysts have analysed GRP.U and the average price target is 66.63 USD. This implies a price increase of 12.56% is expected in the next year compared to the current price of 59.19.
For the next year, analysts expect an EPS growth of -11.01% and a revenue growth 8.37% for GRP.U
GRP.U Ownership
GRP.U Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| PLD | PROLOGIS INC | 41.82 | 130.07B | ||
| EGP | EASTGROUP PROPERTIES INC | 36.95 | 10.182B | ||
| LINE | LINEAGE INC | N/A | 9.234B | ||
| REXR | REXFORD INDUSTRIAL REALTY IN | 32.86 | 8.589B | ||
| FR | FIRST INDUSTRIAL REALTY TR | 33.82 | 8.276B | ||
| STAG | STAG INDUSTRIAL INC | 37.41 | 7.201B | ||
| TRNO | TERRENO REALTY CORP | 40.22 | 6.904B | ||
| COLD | AMERICOLD REALTY TRUST INC | 266.27 | 3.74B | ||
| LXP | LXP INDUSTRIAL TRUST | 247.48 | 2.9B | ||
| IIPR | INNOVATIVE INDUSTRIAL PROPER | 13.04 | 1.479B |
Related stock screener links
View all stocks in the Industrial REITs Industry | View all stocks in the Real Estate Sector | View all stocks on the New York Stock Exchange Exchange | Find stocks with similar TA and Setup ratings on the USA exchanges | Find stocks with similar Fundamental rating on the USA exchanges | Find the competitors with the best technical ratings on the USA exchanges | Find the competitors with the best fundamentals on the USA exchanges | Find the competitors with the best valuation on the USA exchanges | Find the competitors with the best dividend on the USA exchanges | Find the competitors with the best analyst ratings on the USA exchanges
About GRP.U
Company Profile
Granite Real Estate Investment Trust engages in the development, management, rental, and ownership of industrial, warehouse, and logistic properties. The company is headquartered in Toronto, Ontario and currently employs 70 full-time employees. The company went IPO on 2003-08-20. 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 approximately 144 investment properties representing approximately 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 39 properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Austria. 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.
Company Info
GRANITE REAL ESTATE INVESTME
77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre
TORONTO ONTARIO M5K 1H1 CA
CEO: Kevan Gorrie
Employees: 70
Phone: 16479257500
GRANITE REAL ESTATE INVESTME / GRP.U FAQ
What does GRP.U do?
Granite Real Estate Investment Trust engages in the development, management, rental, and ownership of industrial, warehouse, and logistic properties. The company is headquartered in Toronto, Ontario and currently employs 70 full-time employees. The company went IPO on 2003-08-20. 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 approximately 144 investment properties representing approximately 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 39 properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Austria. 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.
Can you provide the latest stock price for GRANITE REAL ESTATE INVESTME?
The current stock price of GRP.U is 59.19 USD. The price decreased by -0.75% in the last trading session.
Does GRANITE REAL ESTATE INVESTME pay dividends?
GRANITE REAL ESTATE INVESTME (GRP.U) has a dividend yield of 3.94%. The yearly dividend amount is currently 2.37.
How is the ChartMill rating for GRANITE REAL ESTATE INVESTME?
GRP.U has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Can you provide the sector and industry classification for GRANITE REAL ESTATE INVESTME?
GRANITE REAL ESTATE INVESTME (GRP.U) operates in the Real Estate sector and the Diversified REITs industry.
What is the Price/Earnings (PE) ratio of GRANITE REAL ESTATE INVESTME (GRP.U)?
The PE ratio for GRANITE REAL ESTATE INVESTME (GRP.U) is 14.19. This is based on the reported non-GAAP earnings per share of 4.17 and the current share price of 59.19 USD.
Would investing in GRANITE REAL ESTATE INVESTME be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on GRP.U.