Raymond James Has Negative Outlook of TSE:GRT Q4 Earnings

Granite Real Estate Investment Trust (TSE:GRT) – Stock analysts at Raymond James decreased their Q4 2024 earnings per share estimates for shares of Granite Real Estate Investment Trust in a research note issued to investors on Wednesday, October 23rd. Raymond James analyst B. Sturges now expects that the real estate investment trust will post earnings per share of $1.35 for the quarter, down from their prior forecast of $1.36. Raymond James also issued estimates for Granite Real Estate Investment Trust’s Q1 2025 earnings at $1.38 EPS, Q1 2026 earnings at $1.55 EPS, Q2 2026 earnings at $1.57 EPS and Q3 2026 earnings at $1.56 EPS.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust has a fifty-two week low of C$30.78 and a fifty-two week high of C$38.97.

Granite Real Estate Investment Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a $0.275 dividend. 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.