Granite Real Estate Investment Trust (GRT.UN) recently received a research note from Desjardins, lowering its target price from C$85.00 to C$84.00. This latest development comes after several other research reports on GRT.UN. Raymond James reduced their price objective from C$94.00 to C$90.00, while CIBC, BMO Capital Markets, and Scotiabank also dropped their target prices. Despite these reductions, six research analysts rate the stock as a buy and two have given it a strong buy rating. As a result, GRT.UN currently holds an average rating of Buy on MarketBeat.com, with a consensus price target of C$88.33.
GRT.UN opened at C$68.75 on Monday, with a market capitalization of C$4.38 billion. The company’s stock has a price-to-earnings ratio of -32.13 and a beta of 1.09. Its 50-day simple moving average is C$70.07, while the two-hundred-day simple moving average is C$75.40. The 52-week high and low for the stock are C$88.58 and C$62.72, respectively.
In addition to the research note, Granite Real Estate Investment Trust recently announced its monthly dividend payment on September 15th. The annualized dividend amounts to $3.20, representing a dividend yield of 4.66%. However, it is important to note that the company’s payout ratio is currently -149.53%.
Granite Real Estate Investment Trust focuses on industrial, warehouse, and logistics properties in North America and Europe. It currently manages an extensive portfolio of over 85 investment properties, encompassing approximately 34 million square feet of leasable area. As a Canadian-based real estate investment trust, their expertise lies in acquiring, developing, owning, and managing these properties.
For more information on Granite Real Estate Investment Trust and to access their latest report, please visit their website.
Preguntas frecuentes (FAQ)
1. ¿Qué es Granite Real Estate Investment Trust?
Granite Real Estate Investment Trust es un fideicomiso de inversión inmobiliaria con sede en Canadá que se especializa en adquirir, desarrollar, poseer y gestionar propiedades industriales, de almacenamiento y logísticas en América del Norte y Europa.
2. ¿Cuál es el precio objetivo actual de GRT.UN?
Según una nota de investigación de Desjardins, el precio objetivo actual de Granite Real Estate Investment Trust es de C$84.00.
3. ¿Cuál es la calificación promedio de GRT.UN?
Según los datos de MarketBeat.com, Granite Real Estate Investment Trust actualmente tiene una calificación promedio de Compra.
4. ¿Cuál es el rendimiento por dividendo (dividend yield) de GRT.UN?
El rendimiento por dividendo de Granite Real Estate Investment Trust es del 4.66%. La compañía recientemente realizó un pago de dividendos mensual el 15 de septiembre.
5. ¿Cuál es la capitalización de mercado de Granite Real Estate Investment Trust?
Granite Real Estate Investment Trust tiene actualmente una capitalización de mercado de C$4.38 mil millones.