GRANITE REAL ESTATE INVESTME (GRT-UN.CA) Forecast, Price Target & Analyst Ratings

TSX:GRT-UN • CA3874372053

Current stock price

80.1 CAD
-2.74 (-3.31%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for GRANITE REAL ESTATE INVESTME (GRT-UN.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$92.42
+ 15.38% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.54%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$92.42
Upside
+ 15.38%
From current price of CA$80.10 to mean target of CA$92.42, Based on 13 analyst forecasts
Low
CA$80.80
Median
CA$91.80
High
CA$105.00

Price Target Revisions

1 Month
0.74%
3 Months
2.39%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for GRT-UN.CA. The average price target is 92.42 CAD. This implies a price increase of 15.38% is expected in the next year compared to the current price of 80.1.
The average price target has been revised upward by 2.39% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

GRT-UN Current Analyst RatingGRT-UN Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

GRT-UN Historical Analyst RatingsGRT-UN Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
81.54%
GRT-UN.CA was analyzed by 13 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about GRT-UN.CA.
In the previous month the buy percentage consensus was at a similar level.
GRT-UN.CA was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-14Laurentian Bank SecuritiesInitiate Buy
2022-11-14Scotiabank CapitalUpgrade Outperform
2022-11-11TD ResearchUpgrade Action List Buy
2022-11-11CIBC Capital MarketsDowngrade Outperform
2022-11-10Scotiabank CapitalMaintains Outperform
2022-10-24National Bank of Canada FinancialDowngrade
2022-10-24Scotiabank CapitalMaintains Outperform
2022-10-21Scotiabank CapitalDowngrade
2022-10-20TD ResearchDowngrade Strong Buy
2022-08-15Raymond James CapitalDowngrade Outperform
2022-08-15RBC RoyalbankUpgrade Outperform
2022-08-15National Bank of Canada FinancialUpgrade Outperform
2022-08-15Scotiabank CapitalMaintains Outperform
2022-08-12CIBC Capital MarketsDowngrade Outperform
2022-07-22Scotiabank CapitalDowngrade Outperform
2022-07-20National Bank of Canada FinancialDowngrade Outperform
2022-06-27CIBC Capital MarketsDowngrade Outperform
2022-05-13CIBC Capital MarketsDowngrade Outperform
2022-05-12Scotiabank CapitalMaintains Outperform
2022-04-28Scotiabank CapitalUpgrade
2022-03-14Scotiabanck CapitalMaintains Outperform
2022-03-14BMO FinancialUpgrade
2022-03-11TD ResearchUpgrade Action List Buy
2022-03-11CIBC Capital MarketsUpgrade Outperform
2022-03-10Raymond James CapitalInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
GRT-UN.CA revenue by date.GRT-UN.CA revenue by date.
521.25M
14.41%		569.139M
9.19%		618.702M
8.71%		660.33M
6.73%		689.9M
4.48%
EBITDA
YoY % growth
GRT-UN.CA ebitda by date.GRT-UN.CA ebitda by date.
393.798M
12.23%		436.548M
10.86%		463.615M
6.20%		500.34M
7.92%		526.5M
5.23%
EBIT
YoY % growth
GRT-UN.CA ebit by date.GRT-UN.CA ebit by date.
392.526M
12.38%		435.259M
10.89%		462.421M
6.24%		N/AN/A
Operating Margin
GRT-UN.CA operating margin by date.GRT-UN.CA operating margin by date.
75.30%76.48%74.74%N/AN/A
EPS
YoY % growth
GRT-UN.CA eps by date.GRT-UN.CA eps by date.
N/A
-46.86%		5.54
90.40%		N/A
-11.01%		6.40
29.92%		6.71
4.73%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

GRT-UN.CA Yearly Revenue VS EstimatesGRT-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
GRT-UN.CA Yearly EPS VS EstimatesGRT-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

GRANITE REAL ESTATE INVESTME / GRT-UN.CA Forecast FAQ

What is the average price target for GRANITE REAL ESTATE INVESTME (GRT-UN.CA) stock?

13 analysts have analysed GRT-UN.CA and the average price target is 92.42 CAD. This implies a price increase of 15.38% is expected in the next year compared to the current price of 80.1.

What is the next earnings date for GRT-UN stock?

GRANITE REAL ESTATE INVESTME (GRT-UN.CA) will report earnings on 2026-05-05.

What is the number of analysts for GRT-UN stock?

The number of analysts covering GRANITE REAL ESTATE INVESTME (GRT-UN.CA) is 13.