Closing Bell: Granite Real Estate Investment Trust up on Thursday (GRT-UN)

Granite Real Estate Investment Trust opened trading today at $69.08 and closed at $71.31. It traded at a low of $69.08 to a high of $71.35.

Shares advanced 3.51% from the previous day's close of $68.89.

Today across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

Granite Real Estate Investment Trust has listed on the Toronto Stock Exchange (TSX) under the ticker GRT-UN.

A total of 42,853 shares was traded during the session, with total trades of 407, with an average volume of 57,793 over 5 days.

Trading across the entire TSX saw 4,281 price advancers against 982 declines and 87 unchanged.

During the prior 52 weeks, GRT-UN.TO has traded as high as $80.81 (July 27,2023) and low as $62.72 (October 30,2023). Moreover, the shares have dipped -8.41% in the last year, while in 2024, they have dipped -6.52%.

It announced a 0.28 dividend on June 18/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Granite Real Estate Investment Trust has a market capitalization of $4.34 billion on a float of 63,009 shares outstanding. Its annual EPS is $3.41.

Granite Real Estate Investment Trust is a TSX REIT company headquartered in Toronto, CAN.

Granite Real Estate Investment Trust is holding an average recommendation of "Strong Buy" from 9.00 analysts according to Zacks. Currently, there are 9 buy ratings for the stock.

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