Granite Real Estate Investment Trust Unit GRT.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Granite REIT Notice of Conference Call for Third Quarter 2026 Results
-
Granite REIT Declares Distribution for September 2026
-
Granite REIT Declares Distribution for August 2026
-
Granite REIT Announces 2026 Second Quarter Results and the Issuance of Its 2025 Corporate Sustainability Report
-
Granite REIT Declares Distribution for July 2026
Trading Information
- Previous Close Price
- CA$83.42
- Day Range
- CA$82.81–83.99
- 52-Week Range
- CA$75.00–101.50
- Bid/Ask
- CA$82.60 / CA$84.00
- Shares Outstanding
- 62.08M
- Market Cap
- CA$5.20B
- Volume/Avg
- 73,970 / 86,526
Key Statistics
- Price/Earnings (Normalized)
- 13.06
- Price/Sales
- 7.93
- Dividend Yield (Trailing)
- 4.21%
- Dividend Yield (Forward)
- 4.24%
- Dividend Payment Schedule
- Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec
- Total Yield
- 4.21%
Company Profile
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse, logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings, split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Small Core
- Total Number of Employees
- 70
- Website
- https://www.granitereit.com
Valuation
|
Metric
|
GRT.UN
|
|---|---|
Price/Earnings (Normalized) | 13.06 |
Price/Book Value | 0.89 |
Price/Sales | 7.93 |
Price/Cash Flow | 13.53 |
Price/Earnings
GRT.UN
Financial Strength
|
Metric
|
GRT.UN
|
|---|---|
Quick Ratio | 0.10 |
Current Ratio | 0.18 |
Interest Coverage | 5.34 |
Quick Ratio
GRT.UN
Profitability
|
Metric
|
GRT.UN
|
|---|---|
Return on Assets (Normalized) | 3.99% |
Return on Equity (Normalized) | 6.93% |
Return on Invested Capital (Normalized) | 5.33% |
Return on Assets
GRT.UN
REIT - Industrial Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Prologis Inc
PLD
| LOCK|p#rY#H | LOCK|y& | $123B | |||
| Public Storage
PSA
| LOCK|!t&Ybn?? | LOCK|qr | $54B | |||
| Extra Space Storage Inc
EXR
| LOCK|HczRL$> | LOCK|@H | $28B | |||
| Segro PLC
SEGXF
| — | LOCK|jN< | $16B | |||
| EastGroup Properties Inc
EGP
| — | LOCK|?jt!? | $11B | |||
| CubeSmart
CUBE
| LOCK|%YlvJ@ | LOCK|%$ | $9B | |||
| CapitaLand Ascendas REIT Units
ACDSF
| — | LOCK|H> | $9B | |||
| Rexford Industrial Realty Inc
REXR
| — | LOCK|h<m | $8B | |||
| First Industrial Realty Trust Inc
FR
| — | LOCK|&t | $8B | |||
| Americold Realty Trust Inc
COLD
| LOCK|<Hd<>? | LOCK|kY> | $4B |
United States