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NYSE:GRP.U

Granite Real Estate Inc. Staple (GRP.U) Stock Price, News & Analysis

→ A.I. Pioneer Issues Urgent Warning to Americans (From TradeSmith) (Ad)
Free GRP.U Stock Alerts
$51.95
-0.36 (-0.69%)
(As of 04/17/2024 ET)
Compare
Today's Range
$51.86
▼
$52.31
50-Day Range
$51.75
▼
$57.56
52-Week Range
$45.35
▼
$63.99
Volume
6,478 shs
Average Volume
9,754 shs
Market Capitalization
$3.29 billion
P/E Ratio
32.67
Dividend Yield
4.68%
Price Target
N/A
Stock AnalysisChartCompetitorsDividendHeadlinesSocial Media
GRP.U stock logo

About Granite Real Estate Inc. Staple Stock (NYSE:GRP.U)

Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing. Granite Real Estate Investment Trust, formerly known as Granite Real Estate Inc., is based in Toronto, Canada.

GRP.U Stock Price History

GRP.U Stock News Headlines

April 18, 2024 | americanbankingnews.com
Analyzing Granite Real Estate Inc. Staple (NYSE:GRP.U) & American Assets Trust (NYSE:AAT)
April 12, 2024 | msn.com
Southern California real estate hiring slows to a crawl
April 18, 2024 | TradeSmith (Ad)
A.I. Pioneer Issues Urgent Warning to Americans
According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”
March 15, 2024 | marketwatch.com
Granite Point Mortgage Cuts Dividend by 25% to 15 Cents
March 13, 2024 | msn.com
Granite Construction maintains quarterly dividend of $0.13
February 21, 2024 | markets.businessinsider.com
Analysts Have Conflicting Sentiments on These Real Estate Companies: Realty Income (O) and Centerspace (CSR)
February 21, 2024 | markets.businessinsider.com
Analysts Are Bullish on Top Real Estate Stocks: Public Storage (PSA), CoStar Group (CSGP)
February 20, 2024 | msn.com
Is Engineered Quartz the New Granite?
April 18, 2024 | TradeSmith (Ad)
A.I. Pioneer Issues Urgent Warning to Americans
According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”
February 20, 2024 | msn.com
Sale of Granite City treatment plant has residents paying double in bills
February 20, 2024 | seekingalpha.com
Granite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend Yield
February 2, 2024 | tmcnet.com
Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
January 17, 2024 | msn.com
Granite REIT declares CAD 0.275 dividend
January 6, 2024 | morningstar.com
Granite Real Estate Investment Trust Stapled Units Cons of 1 Shs of Granite GRP.U
December 20, 2023 | morningstar.com
Granite Real Estate Investment Trust Stapled Units Cons of 1 Shs of Granite
December 19, 2023 | tmcnet.com
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update
December 12, 2023 | bizjournals.com
Incoming Granite Properties CEO pushes 'experiential real estate' amid lingering office concerns
November 28, 2023 | news.yahoo.com
Granite City steel mill expects to lay off 600 workers, company says
November 10, 2023 | msn.com
New owner of Granite Ridge hoping to use property to honor veterans
October 31, 2023 | marketwatch.com
Granite Construction Shares Pop 17% After 3Q Results
October 29, 2023 | msn.com
Granite Point Mortgage Offers An 11% Yield On Its Preferred Shares
July 31, 2023 | bizjournals.com
U.S. Steel gives projects update, including planned sale of Metro East blast furnaces
July 8, 2023 | msn.com
There's granite on the moon. No one knows how it got there.
June 16, 2023 | benzinga.com
Granite REIT Declares Distribution for June 2023
June 6, 2023 | seekingalpha.com
Granite REIT: Solid Performance But Still Not Our First Choice
May 13, 2023 | investing.com
GRP_u Technical Analysis
March 30, 2023 | msn.com
U.S. real estate brokerages must face home sellers’ class action over commissions
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NYSE:GRP.U
CUSIP
N/A
CIK
N/A
Web
www.granitereit.com
Phone
64-7925-7500
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$1.59
Trailing P/E Ratio
32.67
Forward P/E Ratio
13.15
P/E Growth
N/A
Net Income
$101.24 million
Net Margins
26.28%
Pretax Margin
24.75%
Return on Equity
2.54%
Return on Assets
1.49%

Debt

Debt-to-Equity Ratio
0.53
Current Ratio
0.41
Quick Ratio
0.41

Sales & Book Value

Annual Sales
$386.07 million
Price / Sales
8.52
Cash Flow
$1.44 per share
Price / Cash Flow
36.10
Book Value
$61.86 per share
Price / Book
0.84

Miscellaneous

Outstanding Shares
63,280,000
Free Float
63,107,000
Market Cap
$3.29 billion
Optionable
Not Optionable
Beta
1.11
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GRP.U Stock Analysis - Frequently Asked Questions

How have GRP.U shares performed in 2024?

Granite Real Estate Inc. Staple's stock was trading at $57.71 at the beginning of 2024. Since then, GRP.U stock has decreased by 10.0% and is now trading at $51.95.
View the best growth stocks for 2024 here.

When is Granite Real Estate Inc. Staple's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our GRP.U earnings forecast.

How often does Granite Real Estate Inc. Staple pay dividends? What is the dividend yield for Granite Real Estate Inc. Staple?

Granite Real Estate Inc. Staple declared a monthly dividend on Friday, March 15th. Investors of record on Thursday, March 28th will be paid a dividend of $0.203 per share on Monday, April 15th. This represents a $2.44 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for GRP.U.

Is Granite Real Estate Inc. Staple a good dividend stock?

Granite Real Estate Inc. Staple (NYSE:GRP.U) pays an annual dividend of $2.43 per share and currently has a dividend yield of 4.65%. GRP.U has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 152.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GRP.U will have a dividend payout ratio of 56.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GRP.U.

How do I buy shares of Granite Real Estate Inc. Staple?

Shares of GRP.U stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GRP.U) was last updated on 4/18/2024 by MarketBeat.com Staff

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