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

In market activity today, Granite Real Estate Investment Trust shares closed at $73.34 after opening the day at $73.44. prices ranged from a low of $72.02 to a high of $73.44.

Shares dipped -1.33 percent from the previous day's close of $74.33.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 43,797 on 400 total trades. On average, Granite Real Estate Investment Trust has traded 69,597 shares over the last 5-days and 83,312 year-to-date.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 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 decreased -4.37% in 52 weeks, while they have eased -3.85% year-to-date.

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 $4.68 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..