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NYSE: GRP.U
Granite Real Estate Investment Trust Stock

$50.62+0.00 (+0%)
Updated Apr 22, 2024
GRP.U Price
$50.62
Fair Value Price
N/A
Market Cap
$3.21B
52 Week Low
$45.36
52 Week High
$63.66
P/E
N/A
P/B
0.82x
P/S
9.38x
PEG
N/A
Dividend Yield
N/A
Revenue
$386.11M
Earnings
$102.75M
Gross Margin
83.5%
Operating Margin
39.5%
Profit Margin
26.2%
Debt to Equity
0.72
Operating Cash Flow
$235M
Beta
0.73
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 Score

Industry Average (33)
You've viewed Zen 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 (0.82x), compared to the US REIT - Industrial industry average (2.04x)
P/B vs Industry Valuation
GRP.U's Earnings (EBIT) of $152.51M are insufficient to safely cover interest payments on company debt ($2.30B)
Interest Coverage Financials
GRP.U's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
There are 35 more GRP.U due diligence checks available for Premium users.

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GRP.U News

Valuation

GRP.U price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.82x
Industry
2.04x
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
$97.6M
Net Income
$23.5M
Profit Margin
24.1%
GRP.U's Earnings (EBIT) of $152.51M... subscribe to Premium to read more.
Interest Coverage Financials
GRP.U's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.8B
Liabilities
$2.8B
Debt to equity
0.72
GRP.U's short-term liabilities ($284.81M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRP.U's long-term liabilities ($2.52B) 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
$57.2M
Investing
-$13.7M
Financing
-$74.5M
GRP.U's operating cash flow ($231.99M)... subscribe to Premium to read more.
Debt Coverage Financials

GRP.U vs Industrial REIT Stocks

TickerMarket Cap1d %P/EP/B
GRP.U$3.21B0.00%N/A0.82x
NSA$2.83B-0.17%22.43x1.99x
IIPR$2.72B+2.41%16.58x1.39x
LXP$2.55B+0.93%108.25x1.14x
TRNO$4.85B+0.24%30.43x1.66x

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 $63.66, and its 52-week low was $45.36. It is currently -20.48% from its 52-week high and 11.61% 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 63,355,771 outstanding shares. With Granite Real Estate Investment Trust stock trading at $50.62 per share, the total value of Granite Real Estate Investment Trust stock (market capitalization) is $3.21B.

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 20 years would have been 155.92%, for an annualized return of 4.81% (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 $50.62 today (as of Apr 22, 2024).

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

(NYSE: GRP.U) Granite Real Estate Investment Trust's market cap is $3.21B, as of Apr 23, 2024.

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 $50.62 by GRP.U's total outstanding shares of 63,355,771.
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