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Granite Real Estate Investment Trust

GRT_u.TO

Latest Trade

65.46CAD

Change

0.03(+0.05%)

Volume

12,650

Today's Range

65.28

 - 

65.71

52 Week Range

52.69

 - 

67.35

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
65.43
Open
65.65
Volume
12,650
3M AVG Volume
2.47
Today's High
65.71
Today's Low
65.28
52 Week High
67.35
52 Week Low
52.69
Shares Out (MIL)
49.44
Market Cap (MIL)
3,235.06
Forward P/E
11.56
Dividend (Yield %)
4.27

Next Event

Dividend For GRT_u.TO - 0.2330 CAD

Latest Developments

More

Granite LP Files For $750 Million Debt Shelf Offering

Granite Real Estate Investment Trust Files For Mixed Shelf Of Upto $1 Billion

Granite REIT Reports Q2 Adjusted FFO Per Share C$0.88

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About Granite Real Estate Investment Trust

Granite Real Estate Investment Trust (Granite REIT) is a real estate investment trust. The Company operates through the ownership and rental of industrial real estate segment. The Company is engaged in the ownership and management of industrial, warehouse and logistics properties in North America and Europe. It owns approximately 30 million square feet in over 90 income-producing properties. Its tenant base includes Magna International Inc. and its operating subsidiaries. Its investment properties consist of income-producing properties, properties, and land under development and land held for development. The Company's income-producing properties consist of light industrial properties, heavy industrial manufacturing facilities, corporate offices, warehouse and logistics properties, product development and engineering centers, and test facilities in countries, including Canada, the United States, Austria, Germany, the Netherlands, the Czech Republic, the United Kingdom and Spain.

Industry

Real Estate Operations

Contact Info

77 King Street West Suite 4010

Stn Toronto Dom

PO Box 159

+1.647.9257536

http://www.granitereit.com/

Executive Leadership

Kelly John Marshall

Independent Chairman of the Board of Trustees

Kevan S. Gorrie

President, Chief Executive Officer, Director

Teresa Neto

Chief Financial Officer

Lorne Kumer

Executive Vice President - Head of Global Real Estate

Peter Aghar

Independent Trustee

Key Stats

2.00 mean rating - 6 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2016

0.2K

2017

0.2K

2018

0.2K

2019(E)

0.3K
EPS (CAD)

2016

5.786

2017

7.719

2018

10.130

2019(E)

5.660
Price To Earnings (TTM)
7.22
Price To Sales (TTM)
12.69
Price To Book (MRQ)
1.17
Price To Cash Flow (TTM)
7.68
Total Debt To Equity (MRQ)
44.33
LT Debt To Equity (MRQ)
44.31
Return on Investment (TTM)
11.01
Return on Equity (TTM)
10.67

Latest News

Latest News

BRIEF-Granite Announces Acquisition Of Us$232.5 Mln Portfolio In The United States

* GRANITE ANNOUNCES ACQUISITION OF US$232.5 MILLION PORTFOLIO IN THE UNITED STATES

BRIEF-Granite Acquires Two Properties In The United States And Provides Leasing Update

* GRANITE ACQUIRES TWO PROPERTIES IN THE UNITED STATES AND PROVIDES LEASING UPDATE

BRIEF-Granite Reports Q4 FFO Per Share C$0.89

* Q4 FFO PER SHARE C$0.89 Source text for Eikon: Further company coverage:

BRIEF-Granite REIT Completes Sale Of $400 Million Of Properties

* GRANITE REIT COMPLETES SALE OF $400 MILLION OF PROPERTIES AND ENTERS INTO A NEW 5-YEAR $500 MILLION UNSECURED CREDIT FACILITY

BRIEF-Granite REIT Signs Agreements To Sell Ten Properties For About $400 Mln

* GRANITE REIT UNLOCKS VALUE WITH SALE OF $400 MILLION OF PROPERTIES INCLUDING THREE SPECIAL PURPOSE PROPERTIES

BRIEF-Granite announces 2017 third quarter results and increases distribution

* Granite announces 2017 third quarter results and increases distribution

BRIEF-Granite CEO, Michael Forsayeth, to retire September 30, 2018

* Granite CEO, Michael Forsayeth, to retire September 30, 2018

BRIEF-Granite announces acquisition of US$122.8 million portfolio in the United States

* Granite announces acquisition of US$122.8 million portfolio in the United States and leasing update

BRIEF-Granite Q2 FFO per unit $0.67

* RENTAL REVENUE AND TENANT RECOVERIES WERE $55.0 MILLION IN 2 COMPARED TO $56.4 MILLION IN PRIOR YEAR PERIOD

BRIEF-Granite Q2 FFO per unit $0.67

* Rental revenue and tenant recoveries were $55.0 million in q2 compared to $56.4 million in prior year period

BRIEF-Frontfour and Sandpiper's nominees to join Granite REIT's board of trustees and directors

* Frontfour and Sandpiper's nominees to join Granite REIT's board of trustees and directors

BRIEF-Leading proxy advisory firm ISS recommends granite REIT unitholders vote "for" all of Frontfour & Sandpiper's trustee nominees on the blue proxy card

* Leading proxy advisory firm ISS recommends granite REIT unitholders vote "for" all of Frontfour & Sandpiper's trustee nominees on the blue proxy card

BRIEF-Granite REIT ‍comments on ISS report regarding proxy contest for board seats

* Granite Real Estate Investment Trust - commented on report by ISS regarding proxy contest for granite board seats initiated by Frontfour Capital, Sandpiper Group

BRIEF-‍frontfour & Sandpiper file proxy circular, nominate three trustees for election at Granite REIT's upcoming AGM​

* frontfour & Sandpiper file proxy circular, nominate three trustees for election at Granite Real Estate Investment Trust's upcoming AGM

BRIEF-Granite REIT nominates two new independent nominees for election to board

* Granite Real Estate Investment Trust - nominated two new independent nominees for election to Granite's board, Remco Daal and Kelly Marshall Source text for Eikon: Further company coverage:

BRIEF-Granite Real Estate Investment Q1 FFO per stapled unit C$0.84

* Q1 rental revenue and tenant recoveries $55.2 mln versus $56.4 million

BRIEF-FrontFour and Sandpiper publish plan for value creation at Granite REIT

* Frontfour & sandpiper publish detailed plan for value creation at granite reit

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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