How to Buy Granite Real Estate Investment Trust Stock
Granite Real Estate Investment Trust
Granite Real Estate Investment Trust is a industrial REIT company located in Ontario, Canada, which is part of the Real Estate sector, and is traded under the ticker GRP.U on the NYSE exchange.
Granite Real Estate Investment Trust stock last closed at $49.55, down 0.24% from the previous day, and has decreased 20.18% in one year. It has underperformed other stocks in the REIT - Industrial industry by 0.13 percentage points. Granite Real Estate Investment Trust stock is currently +9.25% from its 52-week low of $45.36, and -20.78% from its 52-week high of $62.55.
As of May 1, 2024, there are 63.36M GRP.U shares outstanding. The market cap of GRP.U is $3.14B. In the past 24 hours, 528 GRP.U shares were traded.
How to Buy Granite Real Estate Investment Trust Stock
Not sure how to invest in Granite Real Estate Investment Trust stock? Here's how.
- Decide where to buy Granite Real Estate Investment Trust stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Granite Real Estate Investment Trust stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Granite Real Estate Investment Trust stock: The Granite Real Estate Investment Trust ticker symbol is GRP.U. Is Granite Real Estate Investment Trust stock a good investment? Should you buy shares of GRP.U? How do GRP.U's underlying business fundamentals look? Do top analysts think Granite Real Estate Investment Trust is a good buy? Why has GRP.U's stock price moved recently? (Hint: Our stock market analysis website can help you decide if GRP.U is a good stock to buy).
- Make your GRP.U buy order: Decide if you will purchase GRP.U shares at the current market price or use a limit order to purchase GRP.U shares at a specific price.
- Watch your investment in GRP.U: Create a watchlist to monitor your position in Granite Real Estate Investment Trust stock.
Step 1: Decide where to buy Granite Real Estate Investment Trust stock
You will need an online brokerage account to access the NYSE market and buy GRP.U stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Technology to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you can buy GRP.U stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the stock trading app, you need to deposit funds:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Granite Real Estate Investment Trust stock
Once you have chosen the best place to buy Granite Real Estate Investment Trust stock, it's very important to analyze their stock before you invest, so you truly comprehend the risk and opportunity.
Granite Real Estate Investment Trust stock data
GRP.U Zen Score
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on GRP.U's stock page.
Is GRP.U stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GRP.U's fair value.
Using relative valuations methods:
- GRP.U could be undervalued based on its P/B ratio of 0.8x, relative to REIT - Industrial industry P/B ratio of 2.03x
You can access additional valuation analysis on GRP.U's stock here.
GRP.U Financial Health
Negative Health Checks:
- GRP.U earnings of $152.51M is not enough to cover its interest payments.
- There are more short-term liabilities than short-term assets on the GRP.U balance sheet.
- GRP.U profit margin has gone down from 34.2% to 26.2% in the past year.
- GRP.U's operating cash flow of $231.99M allows it to safely service it's debt of $2.30B.
- There are more long-term liabilities than short-term assets on the GRP.U balance sheet.
- GRP.U has a relatively high debt to equity ratio of 0.72.
- Total GRP.U debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are saying on the Granite Real Estate Investment Trust stock forecast page.
GRP.U Momentum
GRP.U Earnings
Last year, GRP.U revenue was $386.11M. During the last five year, GRP.U's revenue has grown by 16.41% per year. This was slower than the REIT - Industrial industry average of 18.69%.
You can analyze GRP.U's earnings and revenue performance here.
Latest Insiders Trades at GRP.U
In the past year, executives and large shareholders at GRP.U have not bought or sold any shares.
Dig into more about who owns GRP.U stock here.
Does GRP.U stock generate passive income?
No, Granite Real Estate Investment Trust doesn't provide an income stream by paying out dividends.
What do other traders have to say about GRP.U?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your GRP.U buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in GRP.U
Now that you own some shares in GRP.U, you'll want to keep up with your new shares.
Put GRP.U on a watchlist to get notified of important updates regarding your GRP.U stock.
GRP.U Feed
No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.
How to Buy Stock in Granite Real Estate Investment Trust
To reiterate, here are the 6 steps to buy stock in Granite Real Estate Investment Trust:
- Decide where to buy Granite Real Estate Investment Trust stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Granite Real Estate Investment Trust stock
- Make your GRP.U buy order
- Watch your investment in GRP.U
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Granite Real Estate Investment Trust, add GRP.U to your watchlist by clicking the button below.
More Articles You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.