Granite Real Estate Investment Trust
General ticker "GRP-UN" information:
- Sector: Real Estate
- Industry: REIT - Industrial
- Capitalization: $3.2B (TTM average)
Granite Real Estate Investment Trust follows the US Stock Market performance with the rate: 66.0%.
Estimated limits based on current volatility of 0.6%: low 55.20$, high 55.89$
Factors to consider:
- Company pays dividends (monthly): last record date 2025-11-28, amount 0.20$ (Y4.30%)
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [42.08$, 57.43$]
- 2025-12-31 to 2026-12-31 estimated range: [41.79$, 57.62$]
Financial Metrics affecting the GRP-UN estimates:
- Negative: with PPE of 11.8 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 76.48 > 18.64
- Positive: Industry operating cash flow per share per price (median), % of 10.79 > 10.33
- Positive: 6.82 < Operating cash flow per share per price, % of 7.66
- Positive: Interest expense per share per price, % of 1.96 <= 3.41
- Positive: Industry earnings per price (median), % of 5.87 > 4.43
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 3.63
- Negative: 0 < Inventory ratio change, % of 0.13
- Positive: Industry operating profit margin (median), % of 42.52 > 9.92
- Negative: Investing cash flow per share per price, % of -1.48 <= -0.66
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: 41.86 < Shareholder equity ratio, % of 59.55 <= 63.39
Short-term GRP-UN quotes
Long-term GRP-UN plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | CA$455.58MM | CA$521.25MM | CA$569.14MM |
| Operating Expenses | CA$106.28MM | CA$128.58MM | CA$133.88MM |
| Operating Income | CA$349.30MM | CA$392.67MM | CA$435.26MM |
| Non-Operating Income | CA$-257.14MM | CA$-263.67MM | CA$-42.50MM |
| Interest Expense | CA$45.18MM | CA$72.86MM | CA$86.44MM |
| Income(Loss) | CA$92.16MM | CA$129.01MM | CA$392.76MM |
| Taxes | CA$-63.66MM | CA$-9.49MM | CA$30.87MM |
| Profit(Loss)* | CA$155.77MM | CA$136.66MM | CA$360.61MM |
| Stockholders Equity | CA$5,475.38MM | CA$5,276.95MM | CA$5,728.24MM |
| Assets | CA$9,280.35MM | CA$9,066.38MM | CA$9,619.75MM |
| Operating Cash Flow | CA$277.50MM | CA$313.18MM | CA$338.61MM |
| Capital expenditure | CA$0.81MM | CA$0.28MM | CA$0.12MM |
| Investing Cash Flow | CA$-766.56MM | CA$-128.13MM | CA$-65.46MM |
| Financing Cash Flow | CA$214.56MM | CA$-203.11MM | CA$-267.50MM |
| Earnings Per Share** | CA$2.39 | CA$2.16 | CA$5.72 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.