Raymond James Brokers Lower Earnings Estimates for TSE:GRT

Granite Real Estate Investment Trust (TSE:GRT) – Equities research analysts at Raymond James lowered their Q4 2024 earnings per share (EPS) estimates for shares of Granite Real Estate Investment Trust in a report released on Wednesday, October 23rd. Raymond James analyst B. Sturges now expects that the real estate investment trust will post earnings of $1.35 per share for the quarter, down from their prior forecast 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 Price Performance

Granite Real Estate Investment Trust has a 1 year low of C$30.78 and a 1 year high of C$38.97.

Granite Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were paid a dividend of $0.275 per share. The ex-dividend date was Friday, September 27th. This represents a $3.30 annualized dividend and a dividend 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.