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

Granite Real Estate Investment Trust opened trading today at $73.44 and closed at $73.34. prices ranged from a low of $72.02 to a high of $73.44.

The price 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 43,797 shares was traded during the session, with total trades of 400. On average, Granite Real Estate Investment Trust has traded 69,597 shares in the last five days and 83,312 year-to-date.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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 -4.37% in the last 12 months, while this year, they have shrunken -3.85%.

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 $4.62 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. Currently, there are 9 buy ratings for the stock.

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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..