Granite Real Estate Investment Trust sees slight movement amid recent dividend announcements and investor presentations.
Granite Real Estate Investment Trust (GRT-UN.TO) has experienced a modest uptick of 0.41% in its stock price today, closing at C$84.32. However, the stock is down 1.47% over the past week and has declined 4.89% in the last month. This fluctuation comes amid recent news surrounding the company’s financial presentations and dividend assessments.
Investor takeaway: Investors should consider the recent dividend announcement and evaluate whether the current pricing reflects a fair value given the company's fundamentals and market conditions.
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Granite Real Estate Investment Trust
GRT-UN.TO
GRT-UN.TO
Granite Real Estate Investment Trust
WealthAwesomeMarket cap
$5.19B
P/E
13.8x
Div. yield
4.15%
Div. / share
$3.49
52W high
$100.50
52W low
$72.28
1W change
-1.47%
Beta
1.18
Analyst Price Targets
Based on analyst covering GRT-UN · as of Oct 5, 2026
Wall Street analysts forecast GRT-UN stock price to rise 26.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$105.90
+26.2% Upside
Previously C$106.30 on Sep 17, 2026
Current Price
C$83.93
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GRT-UN's historical volatility
30-Day Vol
18.5%
Annualized
90-Day Vol
18.2%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$70.20
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$79.08 | C$74.18 – C$84.30 |
| 60 trading days | C$74.51 | C$68.07 – C$81.56 |
| 90 trading days | C$70.20 | C$62.85 – C$78.42 |
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.
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Granite's stock trades at C$84.32, down 4.89% over the past month.
Despite the short-term declines, the stock's year-to-date performance remains positive at +5.17%, reflecting resilience in a challenging market.
Bull case
Granite's strong profit margin and positive analyst outlook suggest potential growth. The average target price is C$105.90, indicating a bullish sentiment in the market.
Bear case
The stock's recent performance is below its moving averages, and it has lower trading volume compared to the 20-day average. This may signal caution for investors considering new positions.
Recent Price Action
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Granite Real Estate Investment Trust's stock has closed at C$84.32, reflecting a slight increase of 0.41% today. However, over the past week, the stock has seen a decline of 1.47%, and it is down 4.89% for the month. Year-to-date, the stock shows a positive return of 5.17%, suggesting some resilience in its performance despite recent fluctuations.
Company News
Recent announcements include participation in a Financial Services Virtual Investor Conference, with presentations available for on-demand viewing. Additionally, discussions surrounding Granite's recent dividend have indicated that the stock appears fairly priced, which may be encouraging for potential investors. The agenda for the conference was also released, emphasizing the company's commitment to engaging with investors.
Technical Picture
From a technical perspective, Granite's stock is currently trading below its 50-day moving average of C$88.98 and its 200-day moving average of C$89.71, indicating a bearish trend in the short to medium term. The stock has a beta of 1.18, suggesting it is slightly more volatile than the market. The current 52-week range is C$72.28 to C$100.50, with the stock currently trading at approximately 43% of this range. Recent trading volume stands at 71,449 shares, which is below the 20-day average volume of 99,069 shares, reflecting lower investor activity.
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