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

Granite Real Estate Investment Trust opened trading today at $73.58 and closed at $74.56. Intraday prices ranged from $73.58 to $75.31.

The price advanced 1.21 percent from the previous day's close of $73.67.

Today across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

Trading volume was 85,964 on 605 total trades. On average, Granite Real Estate Investment Trust has traded 51,971 shares over 5 days and 83,458 year-to-date.

Trading across the entire TSX saw 2,584 price advancers against 2,644 declines and 86 unchanged.

During the prior 52 weeks, GRT-UN.TO has traded as high as $80.14 (December 14,2023) and low as $62.72 (October 30,2023). Moreover, the shares have eased -4.50 percent in the last 52 weeks, while in 2024, they have dipped -2.25%.

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 $4.64 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's consensus rating is "Strong Buy" based on 9 analysts according to Zacks. Currently, there are 9 buy ratings for the stock.

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..