NYSE: GRP.U
Granite Real Estate Investment Trust Stock

$52.68+0.87 (+1.68%)
Updated Jul 10, 2025
GRP.U Price
$52.68
Fair Value Price
N/A
Market Cap
$3.30B
52 Week Low
$38.37
52 Week High
$61.20
P/E
N/A
P/B
0.8x
P/S
7.23x
PEG
N/A
Dividend Yield
N/A
Revenue
$423.81M
Earnings
$219.02M
Gross Margin
82.6%
Operating Margin
74.21%
Profit Margin
53.9%
Debt to Equity
0.7
Operating Cash Flow
$252M
Beta
0.71
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

GRP.U Overview

Granite Real Estate Investment Trust owns and manages industrial, warehouse and logistics properties in North America and Europe. Granite's principal tenant is Magna International Inc. Formerly known as MI Developments Inc., Granite was spun off from Magna International in 2003. The company is headquartered in Toronto, Ontario, Canada.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine GRP.U's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Industrial REIT

Industry Rating
F
GRP.U
Ranked
#6 of 18

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$5.33B
$57.65C
$43.07C
View Top Industrial REIT Stocks

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Overview

Due Diligence Score

Industry Average (31)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how GRP.U scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GRP.U is good value based on its book value relative to its share price (0.8x), compared to the US REIT - Industrial industry average (2.05x)
P/B vs Industry Valuation
GRP.U's Earnings (EBIT) of $314.53M are insufficient to safely cover interest payments on company debt ($2.27B)
Interest Coverage Financials
GRP.U's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
There are 35 more GRP.U due diligence checks available for Premium users.

Valuation

GRP.U price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.8x
Industry
2.05x
GRP.U is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GRP.U's financial health

Profit margin

Revenue
$107.4M
Net Income
$30.5M
Profit Margin
28.4%
GRP.U's Earnings (EBIT) of $314.53M... subscribe to Premium to read more.
Interest Coverage Financials
GRP.U's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.7B
Liabilities
$2.7B
Debt to equity
0.7
GRP.U's short-term liabilities ($117.24M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRP.U's long-term liabilities ($2.75B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GRP.U's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
GRP.U's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$75.6M
Investing
-$4.0M
Financing
-$75.0M
GRP.U's operating cash flow ($263.45M)... subscribe to Premium to read more.
Debt Coverage Financials

GRP.U vs Industrial REIT Stocks

TickerZen RatingMarket Cap1d %P/EP/B
GRP.UC$3.30B+1.68%N/A0.80x
LXPC$2.52B+2.04%42.55x1.21x
NSAD$2.47B+1.07%54.63x2.38x
COLDD$4.72B+1.85%-38.51x1.48x
IIPRC$1.57B+0.50%10.67x0.82x

Granite Real Estate Investment Trust Stock FAQ

What is Granite Real Estate Investment Trust's quote symbol?

(NYSE: GRP.U) Granite Real Estate Investment Trust trades on the NYSE under the ticker symbol GRP.U. Granite Real Estate Investment Trust stock quotes can also be displayed as NYSE: GRP.U.

If you're new to stock investing, here's how to buy Granite Real Estate Investment Trust stock.

What is the 52 week high and low for Granite Real Estate Investment Trust (NYSE: GRP.U)?

(NYSE: GRP.U) Granite Real Estate Investment Trust's 52-week high was $61.20, and its 52-week low was $38.37. It is currently -13.92% from its 52-week high and 37.29% from its 52-week low.

How much is Granite Real Estate Investment Trust stock worth today?

(NYSE: GRP.U) Granite Real Estate Investment Trust currently has 62,724,884 outstanding shares. With Granite Real Estate Investment Trust stock trading at $52.68 per share, the total value of Granite Real Estate Investment Trust stock (market capitalization) is $3.30B.

Granite Real Estate Investment Trust stock was originally listed at a price of $19.78 in Sep 2, 2003. If you had invested in Granite Real Estate Investment Trust stock at $19.78, your return over the last 21 years would have been 166.33%, for an annualized return of 4.78% (not including any dividends or dividend reinvestments).

How much is Granite Real Estate Investment Trust's stock price per share?

(NYSE: GRP.U) Granite Real Estate Investment Trust stock price per share is $52.68 today (as of Jul 10, 2025).

What is Granite Real Estate Investment Trust's Market Cap?

(NYSE: GRP.U) Granite Real Estate Investment Trust's market cap is $3.30B, as of Jul 11, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Granite Real Estate Investment Trust's market cap is calculated by multiplying GRP.U's current stock price of $52.68 by GRP.U's total outstanding shares of 62,724,884.
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