Desjardins Analysts Decrease Earnings Estimates for TSE:GRT

Posted by Karen Miller on Nov 12th, 2024

Granite Real Estate Investment Trust (TSE:GRT – Free Report) – Stock analysts at Desjardins lowered their FY2026 EPS estimates for shares of Granite Real Estate Investment Trust in a report issued on Sunday, November 10th. Desjardins analyst K. Stanley now forecasts that the real estate investment trust will earn $6.13 per share for the year, down from their previous estimate of $6.18.

Granite Real Estate Investment Trust Price Performance

Granite Real Estate Investment Trust has a 12-month low of C$30.78 and a 12-month high of C$38.97.

Granite Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were paid a $0.275 dividend. The ex-dividend date was Friday, September 27th. This represents a $3.30 dividend on an annualized basis and a yield of ∞.

About Granite Real Estate Investment Trust

(Get Free Report)

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.