Closing Bell: Granite Real Estate Investment Trust down on Tuesday (GRT-UN)

In trading today, shares of Granite Real Estate Investment Trust opened at $75.01 and closed at $74.51. prices ranged from a low of $74.19 to a high of $75.01.

The price dipped -0.67% from the previous day's close of $75.01.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

Trading volume was 49,505 on 401 total trades. On average, Granite Real Estate Investment Trust has traded 78,933 shares over 5 days and 84,567 year-to-date.

The TSX overall saw 3,093 price advancers against 2,137 declines and 96 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 decreased -3.42%, while in 2024, they have eased -2.32%.

It announced a 0.28 dividend on July 17/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Granite Real Estate Investment Trust has a market capitalization of $4.73 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's average recommendation is "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..