GRP-UN Company Profile and Key Details

Q: Who are the executives of GRP-UN?

Mr. Michael A. RamparasExecutive Vice President of Global Real Estate & Head of InvestmentsMr. Jon SorgSenior Vice President & Head of U.S.Mr. Kevan S. Gorrie ICD.D, P. EngPres, Chief Executive Officer & TrusteeMs. Teresa Neto CAChief Financial OfficerMr. Lawrence ClarfieldExecutive Vice President, Gen. Counsel & Corporation Sec.Mr. Lorne KumerExecutive Vice President & Head of Global Real EstateMr. Keith StephenVice President of Sustainability & EnvironmentMs. Stephanie KaramarkovicVice President of Accounting & Financial ReportingMr. Witsard SchaperSenior Vice President & Head of EuropeMr. Don MathewVice President, Real Estate InvestmentAndrea SanelliMang. of Legal & Investor Services

NYSE : GRP-UN

Granite Real Estate Investment Trust

$59.19

-0.45-0.76%

At Close 4:00 PM

Not Actively Trading

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Granite Real Estate Investment Trust (GRP-UN) stock declined over -0.75%, trading at $59.19 on NYSE, down from the previous close of $59.64. The stock opened at $59.30, fluctuating between $58.84 and $59.30 in the recent session.

Stock Snapshot

59.64

Prev. Close

3.59B

Market Cap

58.84

Day Low

17.20639534883721

P/E Ratio

3.44

EPS (TTM)

4.91

Cash Flow per Share

59.3

Open

60.59M

Number of Shares

59.3

Day High

99.55%

Free Float in %

82.84

Book Value

1.51K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Dec 31, 2025	59.30	59.30	58.84	59.19	12.05K
Dec 30, 2025	59.34	60.16	59.34	59.64	5.41K
Dec 29, 2025	58.69	59.22	58.69	59.22	1.3K
Dec 26, 2025	58.65	59.23	58.65	58.97	1
Dec 24, 2025	58.65	59.23	58.65	58.97	4.54K
Dec 23, 2025	59.34	59.86	59.15	59.25	9.09K
Dec 22, 2025	58.77	59.59	58.77	59.59	1.81K
Dec 19, 2025	59.08	59.38	58.84	59.38	2.11K
Dec 17, 2025	57.97	58.23	57.57	58.09	1.63K
Dec 16, 2025	56.69	58.04	56.69	57.84	1.9K
Dec 15, 2025	56.41	57.14	56.25	57.14	12.11K
Dec 12, 2025	56.70	56.70	56.68	56.69	805
Dec 11, 2025	56.06	56.06	55.71	55.87	2.2K
Dec 10, 2025	55.78	56.13	55.33	55.97	1.33K
Dec 09, 2025	55.38	55.38	54.74	54.74	1.24K
Dec 08, 2025	55.38	55.38	54.74	54.74	559
Dec 05, 2025	54.17	55.00	54.17	55.00	279
Dec 04, 2025	53.94	54.70	53.94	54.68	4
Dec 03, 2025	53.94	54.70	53.94	54.68	2.42K
Dec 02, 2025	54.24	54.24	54.08	54.08	611

Contact Details

Toronto, ON M5K 1H1

Canada

https://www.granitereit.com 647 925 7500

About Company

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area.

Stock Peers

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Prologis, Inc.$142.66 TRNO

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LXP Industrial Trust$49.99 LXP-PC

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LXP Industrial Trust$47.11 CUBE

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CubeSmart$40.21

Company Overview

Granite Real Estate Investment Trust (NYSE:GRP-UN) closed at $59.19 USD, losing -$0.45 (-0.75%) from the previous close of $59.64. The stock is currently within 5% of its 52-week high $38.37 and $60.16. With a market capitalization of about $3.59 billion, Granite Real Estate Investment Trust is classified as a mid-cap and shows higher-than-market volatility (beta ~1.46). Key stats such as the average daily volume over the past year has been around 6.51 thousand shares, volume is running light vs its 52-week average. Headquartered in Toronto, ON, Granite Real Estate Investment Trust operates in the Real Estate sector and the REIT - Industrial industry. Led by CEO Kevan S. Gorrie, the company employs approximately 70 people and listed since January 04, 2013. Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe.

Valuation Metrics

Granite Real Estate Investment Trust trades at a P/E ratio of 17.0, slightly below the S&P 500 average, with a price-to-sales ratio of 8.11 and a price-to-book ratio of 0.9 suggesting the stock is closer to book value. The P/FCF stands at 13.09, also above market averages.

Dividend & Fair Value

Granite Real Estate Investment Trust last paid a dividend of 2.44 per share, this equals a trailing yield of roughly 7.2%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $77.43. This means the shares are trading below this model’s fair value.

Financial & Profitability Overview

Over the trailing twelve months, Granite Real Estate Investment Trust generated $521.25M in revenue, or $8.23 per share. Gross margin was 83.50%, operating margin 75.66%, and net profit margin 26.22%. Returns are modest, with ROA at 1.51% and ROE at 2.59%.
On valuation metrics, Granite Real Estate Investment Trust trades at a P/E of 17.00, P/S of 8.11 and P/B of 0.90. The current ratio is 1.82 and quick ratio is 1.82. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is -443.45 days , indicating it collects cash faster than it pays suppliers. Debt-to-equity is 0.61, supported by a cash flow-to-debt ratio of 0.11.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Granite Real Estate Investment Trust posted revenue of $521.25M, down slightly from $455.58M in the prior quarter. Gross profit was $435.24M (margin 83.50%). Operating income was $394.38M (margin 75.7%). Net income was$136.66M (EPS $2.16).
The company ended the quarter with $116.13M in cash and short-term investments, a total debt of $3.10B, and net debt of $2.98B. Total assets were $9.07B, with equity of $5.28B. Financials further reflected stability, with operating cash flow of $313.18M, free cash flow of $312.90M, and capital expenditures of - $285.00K.

Price Forecast & Outlook

Our AI price prediction model suggests that Granite Real Estate Investment Trust stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Key Takeaways

Valuation shows Granite Real Estate Investment Trust trading at a premium to the broader market with a P/E of 17.0.

Frequently Asked Questions

What is the current Granite Real Estate Investment Trust (GRP-UN) stock price?

Granite Real Estate Investment Trust (NYSE: GRP-UN) stock price is $59.19 in the last trading session. During the trading session, GRP-UN stock reached the peak price of $59.30 while $58.84 was the lowest point it dropped to. The percentage change in GRP-UN stock occurred in the recent session was -0.75% while the dollar amount for the price change in GRP-UN stock was - $0.45.

GRP-UN's industry and sector of operation?

The NYSE listed GRP-UN is part of REIT - Industrial industry that operates in the broader Real Estate sector. Granite Real Estate Investment Trust designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of GRP-UN?

Mr. Michael A. Ramparas
Executive Vice President of Global Real Estate & Head of Investments
Mr. Jon Sorg
Senior Vice President & Head of U.S.
Mr. Kevan S. Gorrie ICD.D, P. Eng
Pres, Chief Executive Officer & Trustee
Ms. Teresa Neto CA
Chief Financial Officer
Mr. Lawrence Clarfield
Executive Vice President, Gen. Counsel & Corporation Sec.
Mr. Lorne Kumer
Executive Vice President & Head of Global Real Estate
Mr. Keith Stephen
Vice President of Sustainability & Environment
Ms. Stephanie Karamarkovic
Vice President of Accounting & Financial Reporting
Mr. Witsard Schaper
Senior Vice President & Head of Europe
Mr. Don Mathew
Vice President, Real Estate Investment
Andrea Sanelli
Mang. of Legal & Investor Services

How GRP-UN did perform over past 52-week?

GRP-UN's closing price is 54.26% higher than its 52-week low of $38.37 where as its distance from 52-week high of $60.16 is -1.61%.

How many employees does GRP-UN have?

Number of GRP-UN employees currently stands at 70.

Link for GRP-UN official website?

Official Website of GRP-UN is: https://www.granitereit.com

How do I contact GRP-UN?

GRP-UN could be contacted at phone 647 925 7500 and can also be accessed through its website. GRP-UN operates from Toronto-Dominion Centre, Toronto, ON M5K 1H1, Canada.

How many shares of GRP-UN are traded daily?

GRP-UN stock volume for the day was 1.51K shares. The average number of GRP-UN shares traded daily for last 3 months was 6.52K.

What is the market cap of GRP-UN currently?

The market value of GRP-UN currently stands at $3.59B with its latest stock price at $59.19 and 60.59M of its shares outstanding.

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Employees	70
Beta	1.46
Sales or Revenue	$521.25M
5Y Sales Change%	0.519%
Fiscal Year Ends	December
Sector	Real Estate
Industry	REIT - Industrial

GRP-UN Company Profile and Key Details

Granite Real Estate Investment Trust

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Valuation Metrics

Dividend & Fair Value

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Financial & Profitability Overview

Quarterly Financial Highlights

Dividend & Fair Value

Company Overview

Key Takeaways

Price Forecast & Outlook

Valuation Metrics