Granite Real Estate Investment Trust 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 145 investment properties representing approximately 61.5 million square feet of leasable area. Granite Real Estate Investment Trust was established in 2003 and was incorporated in Canada.
Research context
Granite Real Estate Investment Trust appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Real Estate
- Industry
- REIT - Industrial
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5 years, 6 months ago
Granite Real Estate Investment Trust is currently in a long term uptrend where the price is trading 9.1% above its 200 day moving average.
From a valuation standpoint, the stock is 75.4% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 13.9.
Granite Real Estate Investment Trust's total revenue rose by 26.8% to $93M since the same quarter in the previous year.
Its net income has increased by 85.0% to $168M since the same quarter in the previous year.
Finally, its free cash flow fell by 15774.1% to $-439M since the same quarter in the previous year.
Based on the above factors, Granite Real Estate Investment Trust gets an overall score of 4/5.