Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 63.3 million square feet of leasable area. The Trustâs investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.

Employees

Sector

Commercial REITs

Calendar

03-10 - Q4 2025 Earnings Release (Projected)

More about the company

Quotes

Date	Price	Change	Volume
25-12-05	76.20 $	+0.30%	43,876
25-12-04	75.97 $	-0.33%	38,493
25-12-03	76.22 $	+0.63%	41,143
25-12-02	75.74 $	-0.45%	40,711
25-12-01	76.08 $	-0.67%	44,013

End-of-day quote Toronto S.E., December 04, 2025

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Income Statement and Estimates

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

76.20CAD

Average target price

90.30CAD

Spread / Average Target

+18.50%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

End-of-day quote Toronto S.E. Other stock markets 2025-12-05			5-day change	1st Jan Change
76.20 ^CAD	+0.30%		-0.51%	+9.23%

11-14	Granite Real Estate Investment Trust Declares Distribution for November 2025, Payable on December 15, 2025	CI
11-11	Granite REIT Outperform Rating Confirmed and Target Raised to $90.00 from $88.00 at RBC	MT

Capitalization	4.62B 3.33B 2.86B 2.68B 2.5B 300B 5.02B 31.37B 12.11B 142B 12.5B 12.23B 518B	P/E ratio 2025 *	-	P/E ratio 2026 *	-
Enterprise value	7.56B 5.46B 4.69B 4.39B 4.09B 491B 8.23B 51.39B 19.84B 232B 20.48B 20.04B 848B	EV / Sales 2025 *	12.3x	EV / Sales 2026 *	11.6x
Free-Float	99.74%	Yield 2025 *	4.47%	Yield 2026 *	4.61%

11-14	Granite Real Estate Investment Trust Declares Distribution for November 2025, Payable on December 15, 2025	CI
11-11	Granite REIT Outperform Rating Confirmed and Target Raised to $90.00 from $88.00 at RBC	MT
11-06	Granite Real Estate Investment Trust, Q3 2025 Earnings Call, Nov 06, 2025
11-05	Earnings Flash (GRT-UN.TO) Granite REIT Reports Q3 FFO $89.9 Million ($1.48 per unit); 4.4% Distribution Increase Commencing in December 2025	MT
11-05	Granite REIT Q3 revenue slightly beats expectations	RE
11-05	Tranche Update on Granite Real Estate Investment Trust (TSX:GRT.UN)'s Equity Buyback Plan announced on May 22, 2025.	CI
11-05	Granite Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
11-05	Granite Real Estate Investment Trust Increases its Targeted Annualized Distribution to Be Effective Upon the Declaration of the Distribution in Respect of the Month of December 2025 and Payable in Mid-January 2026	CI
10-17	Granite Real Estate Investment Trust Declares Distribution for the Month of October 2025, Payable on November 14, 2025	CI
09-16	Granite Real Estate Investment Trust Declares Distribution for September 2025, Payable on October 15, 2025	CI
08-18	Granite Real Estate Investment Trust Keeps Monthly Dividend at CA$0.2833 a Unit, Payable Sept. 15 to Holders of Record on Aug. 29	MT
08-18	Granite Real Estate Investment Trust Declares Distribution for August 2025, Payable on September 15, 2025	CI
08-08	Granite Real Estate Investment Trust, Q2 2025 Earnings Call, Aug 07, 2025

11-11	Granite REIT Outperform Rating Confirmed and Target Raised to $90.00 from $88.00 at RBC	MT
08-08	CANADA RESEARCH ROUNDUP-Atkinsréalis, Bombardier, Kinaxis	RE
08-07	Granite REIT Brief: Keeps Outperform, Target Raised To C$85 From $78.50 at National Bank Which Notes Q2 Increased Guidance On "Solid" U.S. Leasing	MT
08-06	Granite REIT Q2 revenue misses estimates	RE
05-20	Granite REIT Maintained at Outperform With an $86.00 Price Target at RBC Capital Markets	MT

Granite Real Estate Investment Trust Stock

Equities

GRT.UN

CA3874372053

Commercial REITs

Valuation: Granite Real Estate Investment Trust

Chart: Granite Real Estate Investment Trust

Latest news: Granite Real Estate Investment Trust

Last Transcript: Granite Real Estate Investment Trust

Analysts' recommendations: Granite Real Estate Investment Trust

Press Releases: Granite Real Estate Investment Trust

Quotes and Performance

Course Extremes

Managers and Directors: Granite Real Estate Investment Trust

Industrial REITs

Financials

Company Profile

Quotes

Income Statement and Estimates

Analysts' Consensus

Quarterly revenue - Rate of surprise

11-14	Granite REIT Declares Distribution for November 2025	BU
11-05	Granite REIT Announces 2025 Third Quarter Results and a 4.4% Distribution Increase Commencing in December 2025	BU
10-17	Granite REIT Declares Distribution for October 2025	BU
09-29	Granite REIT Notice of Conference Call for Third Quarter 2025 Results	BU
09-16	Granite REIT Declares Distribution for September 2025	BU

1 day	+0.30%
1 week	-0.51%
Current month	-0.51%
1 month	-2.87%
3 months	-3.20%
6 months	+9.67%
Current year	+9.23%

1 week	75.25	76.67
1 month	75	79.2
Current year	55.25	82.45
1 year	55.25	82.45
3 years	55.25	82.45
5 years	55.25	82.45
10 years	55.25	82.45

Manager	Title	Age	Since
Kevan Gorrie CEO	Chief Executive Officer	56	2018-06-04
Teresa Neto DFI	Director of Finance/CFO	-	2019-07-07
Michael Ramparas CIO	Chief Investment Officer	-	2012-01-31

Director	Title	Age	Since
Peter Aghar BRD	Director/Board Member	57	2017-06-14
Aladin Mawani BRD	Director/Board Member	73	2017-06-14
Remco Daal BRD	Director/Board Member	59	2017-06-14

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
GRANITE REAL ESTATE INVESTMENT TRUST	+0.30%	-0.51%	+3.14%	-	3.33B
PROLOGIS, INC.	-0.16%	-0.43%	+12.47%	+12.01%	119B
GOODMAN GROUP	+0.51%	-0.57%	-18.62%	+57.55%	40.02B
EASTGROUP PROPERTIES, INC.	-0.32%	-0.70%	+6.47%	+17.37%	9.58B
REXFORD INDUSTRIAL REALTY, INC.	-1.12%	-2.11%	-0.20%	-24.74%	9.46B
FIRST INDUSTRIAL REALTY TRUST, INC.	+1.90%	+1.07%	+11.19%	+15.93%	7.66B
STAG INDUSTRIAL, INC.	-0.21%	-1.25%	+7.96%	+19.94%	7.24B
FIBRA PROLOGIS	+1.09%	-3.75%	+25.21%	+30.00%	6.63B
TERRENO REALTY CORPORATION	-0.22%	-0.81%	+4.18%	+8.16%	6.44B
WAREHOUSES DE PAUW SA	-0.46%	-4.11%	+6.55%	-20.22%	5.86B
Average	+0.13%	-0.98%	+5.84%	+12.89%	21.51B
Weighted average by Cap.	+0.02%	-0.64%	+5.50%	+19.18%

	2025 *	2026 *
Net sales	613M 442M 380M 356M 332M 39.81B 667M 4.17B 1.61B 18.8B 1.66B 1.62B 68.75B	645M 465M 400M 374M 349M 41.85B 701M 4.38B 1.69B 19.76B 1.75B 1.71B 72.27B
Net income	299M 216M 186M 174M 162M 19.43B 326M 2.03B 785M 9.18B 810M 793M 33.55B	387M 279M 240M 225M 209M 25.11B 421M 2.63B 1.01B 11.86B 1.05B 1.02B 43.36B
Net Debt	2.95B 2.13B 1.83B 1.71B 1.6B 191B 3.2B 20.02B 7.73B 90.33B 7.98B 7.81B 330B	2.86B 2.06B 1.77B 1.66B 1.55B 186B 3.11B 19.42B 7.5B 87.64B 7.74B 7.57B 320B