DescriptionGranite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, and management of primarily industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's largest tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings.
Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research – including Buy/Hold Recommendations, Earnings Surprises, Estimates and Recommendations History.
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|Period||Period Low||Period High||Performance|
|1-Month|| 61.29 +15.76% increase |
| 71.03 -0.11% decrease |
| +7.85 (+12.44%) increase |
|3-Month|| 40.77 +74.03% increase |
| 72.92 -2.70% decrease |
| -2.27 (-3.10%) decrease |
|52-Week|| 40.77 +74.03% increase |
| 74.99 -5.39% decrease |
| +8.70 (+13.98%) increase |