GRP.U FY2025 EPS Decreased by National Bank Financial

Granite Real Estate Inc. Staple (NYSE:GRP.U) – National Bank Financial cut their FY2025 earnings estimates for shares of Granite Real Estate Inc. Staple in a research report issued on Thursday, February 27th. National Bank Financial analyst M. Kornack now expects that the company will earn $4.09 per share for the year, down from their prior forecast of $4.11. The consensus estimate for Granite Real Estate Inc. Staple’s current full-year earnings is $3.81 per share. National Bank Financial also issued estimates for Granite Real Estate Inc. Staple’s FY2026 earnings at $4.40 EPS.

Separately, StockNews.com upgraded shares of Granite Real Estate Inc. Staple from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 16th.

Granite Real Estate Inc. Staple Price Performance

GRP.U stock opened at $47.24 on Monday. The company has a 50 day simple moving average of $48.00 and a 200 day simple moving average of $52.75. The stock has a market cap of $2.96 billion and a price-to-earnings ratio of 13.20. Granite Real Estate Inc. Staple has a 1 year low of $45.45 and a 1 year high of $65.63. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.34 and a quick ratio of 1.34.

Granite Real Estate Inc. Staple Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.1997 dividend. This is a boost from Granite Real Estate Inc. Staple’s previous monthly dividend of $0.20. This represents a $2.40 annualized dividend and a yield of 5.07%. The ex-dividend date of this dividend is Friday, February 28th. Granite Real Estate Inc. Staple’s dividend payout ratio is 32.85%.

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.