Granite Real Estate Inc. Staple (NYSE:GRP.U – Free Report) – Raymond James increased their Q4 2025 earnings estimates for shares of Granite Real Estate Inc. Staple in a note issued to investors on Wednesday, October 23rd. Raymond James analyst B. Sturges now anticipates that the company will post earnings per share of $1.08 for the quarter, up from their previous estimate of $1.07. The consensus estimate for Granite Real Estate Inc. Staple’s current full-year earnings is $3.90 per share.
Separately, StockNews.com raised shares of Granite Real Estate Inc. Staple from a “buy” rating to a “strong-buy” rating in a research note on Friday.
Granite Real Estate Inc. Staple Price Performance
Shares of GRP.U opened at $50.35 on Monday. The stock has a market capitalization of $3.16 billion, a P/E ratio of 19.98 and a beta of 1.21. Granite Real Estate Inc. Staple has a twelve month low of $45.35 and a twelve month high of $65.63. The company has a 50 day moving average of $57.53 and a 200-day moving average of $53.41. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.52.
Granite Real Estate Inc. Staple Cuts Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.1994 dividend. This represents a $2.39 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date is Thursday, October 31st. Granite Real Estate Inc. Staple’s dividend payout ratio (DPR) is presently 96.83%.
Granite Real Estate Inc. Staple Company Profile
Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing.
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