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

In trading today, shares of Granite Real Estate Investment Trust opened at $73.70 and closed at $74.22. prices ranged from a low of $73.50 to a high of $74.38.

The price advanced 0.42 percent from the previous day's close of $73.91.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

Trading volume was 79,150 on 645 total trades, while having an average volume of 79,302 over the last 5-days.

The TSX overall saw 1,017 price advancers against 4,222 declines and 91 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 52 weeks, Granite Real Estate Investment Trust's shares have eased -3.74 percent, while they have eased -2.70% since the start of 2024.

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 $4.66 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.

Currently, Granite Real Estate Investment Trust has an average recommendation of "Strong Buy" based on 9.00 analysts 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..