Raymond James Has Optimistic View of TSE:GRT FY2024 Earnings

Granite Real Estate Investment Trust (TSE:GRT) – Stock analysts at Raymond James boosted their FY2024 EPS estimates for shares of Granite Real Estate Investment Trust in a research note issued on Friday, November 8th. Raymond James analyst B. Sturges now forecasts that the real estate investment trust will post earnings per share of $5.37 for the year, up from their prior estimate of $5.30. Raymond James also issued estimates for Granite Real Estate Investment Trust’s Q3 2025 earnings at $1.53 EPS, Q4 2025 earnings at $1.53 EPS, FY2025 earnings at $5.90 EPS, Q1 2026 earnings at $1.57 EPS, Q2 2026 earnings at $1.60 EPS and FY2026 earnings at $6.40 EPS.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust has a 1-year low of C$30.78 and a 1-year high of C$38.97.

Granite Real Estate Investment Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were issued a dividend of $0.275 per share. This represents a $3.30 annualized dividend and a dividend yield of ∞. The ex-dividend date was Friday, September 27th.

Granite Real Estate Investment Trust Company Profile

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.