Granite Real Estate Investment Trust experiences fluctuations amid recent announcements.
Granite Real Estate Investment Trust (GRT-UN.TO) closed at C$91.92, reflecting a modest increase of 0.80% on the day. However, the stock has seen a decline of 4.74% over the past week and a 4.01% dip in the last month, despite a year-to-date increase of 13.50%. The recent price action can be attributed to company news regarding their second quarter results and sustainability report.
Investor takeaway: Investors should consider the recent company announcements and technical indicators as they assess Granite REIT's performance and future outlook. The stock remains within a significant 52-week range, indicating potential volatility.
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Granite Real Estate Investment Trust
GRT-UN.TO
GRT-UN.TO
Granite Real Estate Investment Trust
WealthAwesomeMarket cap
$5.95B
P/E
14.4x
Div. yield
3.59%
Div. / share
$3.45
52W high
$101.19
52W low
$71.30
1W change
-4.74%
Beta
1.18
Analyst Price Targets
Based on analyst covering GRT-UN
Wall Street analysts forecast GRT-UN stock price to rise 13.6% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$106.00
+13.6% Upside
Current Price
C$93.30
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GRT-UN's historical volatility
30-Day Vol
19.6%
Annualized
90-Day Vol
19.1%
Annualized
Trend (90d)
-0.8%
Annualized drift
90d Mean
C$93.05
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$93.22 | C$87.11 – C$99.74 |
| 60 trading days | C$93.13 | C$84.63 – C$102.49 |
| 90 trading days | C$93.05 | C$82.75 – C$104.62 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Granite REIT's 52-week trading range shows significant potential for movement.
The stock has traded between C$71.30 and C$101.19 over the past year, currently sitting at 69% of this range, highlighting both the volatility and opportunities in the market.
Bull case
The bullish sentiment stems from a strong profit margin of 61.9% and a solid return on equity (ROE) of 6.9%. Analysts have a positive outlook, with an average target price of C$106.00, suggesting a potential upside of 15.3%.
Bear case
On the bearish side, the stock is currently trading below its 50-day moving average, which may indicate short-term weakness. Additionally, the recent weekly decline could raise concerns among investors about the stock's near-term performance.
Recent Company News
Granite REIT made headlines recently with the announcement of its second quarter results for 2026, along with the issuance of its 2025 Corporate Sustainability Report. These announcements may provide insights into the company's operational performance and commitment to sustainability, factors that are increasingly important to investors.
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Technical Picture
As of the last close at C$91.92, Granite REIT is trading below its 50-day moving average of C$96.34, indicating a short-term downtrend of 4.6%. However, it is above the 200-day moving average of C$87.54, which is a positive sign as it reflects a longer-term uptrend of 5.0%. The stock's beta of 1.18 suggests it is slightly more volatile than the broader market. The recent trading volume of 137,084 shares is notably higher than the 20-day average volume of 75,698 shares, indicating increased investor interest.
Insider Activity
No recent insider activity has been reported for Granite REIT. Keeping an eye on insider transactions can provide additional insights into the company's future direction and management's confidence in the stock.
Price Action Summary
Granite Real Estate Investment Trust closed at C$91.92, reflecting a daily increase of 0.80%. Despite this uptick, the stock has experienced a weekly decline of 4.74%, indicating a mixed sentiment among investors.
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