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

Automated Summaries - The Globe and Mail - Fri Jul 12, 4:01PM CDT

In trading today, Granite Real Estate Investment Trust stock opened at $71.33 and closed at $71.35. Intraday prices ranged from a low of $70.71 to a high of $71.92.

Shares advanced 0.06 percent from the previous day's close of $71.31.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed -0.88% at 5584.54, the Dow Jones Industrial Average closed 0.08% at 39753.75 and the Nasdaq Composite closed -1.95% at 18283.41.

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

Trading volume was 69,140 on 478 total trades. On average, Granite Real Estate Investment Trust has traded 53,512 shares over 5 days and 85,040 year-to-date.

The TSX overall saw 3,781 price advancers against 1,454 declines and 97 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, in the last 12 months, Granite Real Estate Investment Trust's shares have eased -8.31 percent, while they have dipped -6.46% this year.

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 $4.49 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.

Based on 9.00 analysts, Granite Real Estate Investment Trust gets an average recommendation of "Strong Buy" according to Zacks. From those 9 analysts, 9 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..