Granite Real Estate Investment Trust(GRP-UN)Earnings, Financials & Key RatiosGranite Real Estate Investment Trust (GRP-UN) stock price & volume — 10-year historical chart
Investment Thesis • Updated 2025Q3
while the 3.7% dividend yield is attractive, the significant volatility in FFO per share, which fell 39.0% in 2025Q3, suggests that investors should wait for more consistent earnings performance before increasing exposure.
Granite Real Estate Investment Trust (GRP-UN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Granite Real Estate Investment Trust (GRP-UN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2025Latest | Aug 6, 2025 | $1.14 | $110Mvs $152M-27.8% |
| Q2 2025 | May 7, 2025 | $0.49 | $109Mvs $151M-27.8% |
| Q1 2025 | Feb 26, 2025 | $0.92 | $103Mvs $145M-29.2% |
| Q4 2024 | Nov 6, 2024 | $1.31 | $105Mvs $105M-0.3% |
Recent stock market news and headlines for Granite Real Estate Investment Trust (GRP-UN)
Granite REIT trades about 12% below estimated NAV, offering an attractive entry point for investors. FFO per unit has grown at an 8.2% CAGR, with management guiding for 6–8% growth from 2025 and a 3.8% yield. Granite's Magna exposure has declined to 27% of revenue, while rent renewals and occupancy remain strong, supporting ongoing earnings growth.
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of June 2026. The distribution will be paid by Granite on July 15, 2026 to unitholders of record at the close of trading on June 30, 2026. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the brea.
Key metrics vs top competitors for Granite Real Estate Investment Trust (GRP-UN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $65.09 | $3.94B | 15.60 | 9.19% | 63.36% | 6.54% | 3.69% | |
| $139.97 | $130.5B | 39.54 | 7.18% | 41.54% | 6.46% | — | |
| $39.42 | $7.54B | 27.00 | 10.14% | 28.26% | 6.8% | — | |
| $207.29 | $11.14B | 42.56 | 12.97% | 39.7% | 8.37% | — | |
| $63.58 | $8.43B | 34.00 | 8.58% | 45.99% | 12.35% | — | |
| $34.35 | $7.95B | 39.94 | 7.13% | 23.47% | 2.6% | — |
Granite Real Estate Investment Trust (GRP-UN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Granite Real Estate Investment Trust (GRP-UN) stock FAQ — growth, dividends, profitability & financials explained
Granite Real Estate Investment Trust (GRP-UN) reported $605.0M in revenue for fiscal year 2024. This represents a 31% decrease from $877.5M in 2001.
Granite Real Estate Investment Trust (GRP-UN) grew revenue by 9.2% over the past year. This is steady growth.
Yes, Granite Real Estate Investment Trust (GRP-UN) is profitable, generating $290.6M in net income for fiscal year 2024 (63.4% net margin).
Yes, Granite Real Estate Investment Trust (GRP-UN) pays a dividend with a yield of 3.69%. This makes it attractive for income-focused investors.
Granite Real Estate Investment Trust (GRP-UN) has a return on equity (ROE) of 6.5%. This is below average, suggesting room for improvement.
Granite Real Estate Investment Trust (GRP-UN) generated Funds From Operations (FFO) of $291.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Granite Real Estate Investment Trust (GRP-UN) offers a 3.69% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
