Equities Analysts Set Expectations for GRP.U FY2025 Earnings

Granite Real Estate Inc. (NYSE:GRP.U) – Equities research analysts at Raymond James Financial increased their FY2025 earnings per share estimates for shares of Granite Real Estate in a research note issued on Thursday, July 17th. Raymond James Financial analyst B. Sturges now forecasts that the company will post earnings of $4.28 per share for the year, up from their previous forecast of $4.18. The consensus estimate for Granite Real Estate’s current full-year earnings is $3.81 per share. Raymond James Financial also issued estimates for Granite Real Estate’s Q4 2025 earnings at $1.12 EPS, Q1 2026 earnings at $1.15 EPS, Q2 2026 earnings at $1.18 EPS and FY2026 earnings at $4.75 EPS.

Separately, Wall Street Zen lowered Granite Real Estate from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 9th.

Granite Real Estate Stock Up 0.2%

Shares of NYSE GRP.U opened at $52.47 on Friday. Granite Real Estate has a twelve month low of $38.37 and a twelve month high of $65.63. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.54. The business has a 50 day simple moving average of $50.67 and a 200-day simple moving average of $48.01.

Granite Real Estate Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be given a dividend of $0.206 per share. The ex-dividend date is Thursday, July 31st. This represents a $2.47 dividend on an annualized basis and a yield of 4.71%. Granite Real Estate’s dividend payout ratio (DPR) is presently 16.57%.

About Granite Real Estate

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.