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

Granite Real Estate Investment Trust opened trading today at $74.50 and closed at $74.04. Intraday prices ranged from $74.03 to $75.51.

The price reduced -0.63% from the previous day's close of $74.51.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

A total of 58,281 shares was traded during the session, with total trades of 476, while having an average volume of 67,612 in the last five days.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 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 eased -5.03% in 52 weeks, while this year, they have eased -2.94%.

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 $4.69 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..