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

Today in trading, shares of Granite Real Estate Investment Trust opened at $72.86 and closed at $74.17. Intraday prices ranged from a low of $71.52 to a high of $74.80.

The price advanced 1.13 percent from the previous day's close of $73.34.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 68,557 shares was traded during the last trading day, with total trades of 521, with an average volume of 76,607 over the last 5 days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 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, in the last 52 weeks, Granite Real Estate Investment Trust's shares have eased -4.93 percent, while they have eased -2.77% 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 $4.62 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.

Currently, Granite Real Estate Investment Trust's consensus rating is "Strong Buy" based on 9 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..