Raymond James Analysts Lower Earnings Estimates for TSE:GRT

Granite Real Estate Investment Trust (TSE:GRT) – Equities researchers at Raymond James cut their Q4 2024 EPS estimates for Granite Real Estate Investment Trust in a report released on Wednesday, October 23rd. Raymond James analyst B. Sturges now anticipates that the real estate investment trust will post earnings of $1.35 per share for the quarter, down from their prior estimate of $1.36. Raymond James also issued estimates for Granite Real Estate Investment Trust’s Q1 2025 earnings at $1.38 EPS, Q1 2026 earnings at $1.55 EPS, Q2 2026 earnings at $1.57 EPS and Q3 2026 earnings at $1.56 EPS.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust has a fifty-two week low of C$30.78 and a fifty-two week high of C$38.97.

Granite Real Estate Investment Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $3.30 annualized dividend and a yield of ∞.

Granite Real Estate Investment Trust Company Profile

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc and its automotive operating units.