TSE:GRT.UN

Granite REIT (GRT.UN.TO)

87.76
-0.79 (0.89%)
as of Sep 8, 2026, 8:00:01 pm Market Open.
350 watching
0
Investor Insights
star iconSep 8, 2026, 12:00 am

This summary was created by AI, based on 8 opinions in the last 12 months.

Granite REIT (GRT.UN-T) has garnered positive reviews from experts, emphasizing its resilience and strong performance amidst challenging market conditions. The company boasts a diverse portfolio of industrial properties, primarily in the Greater Toronto Area and the rapidly growing Florida-Texas belt. A significant portion of its rental income is secured from notable tenants like Magna, reflecting a solid cash flow position. Analysts anticipate a recovery in warehouse leasing activity, especially as interest rates stabilize. The stock trades at a roughly 20% discount to its net asset value (NAV), with a fair dividend yield that is attractive in the current economic climate.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
PLD
BUY
A legacy of Magna (MG-T) and was basically a vehicle to hold all of their warehouses, etc. Now looks like it is well structured. For the moment, too much of it is one tenant.
TOP PICK
Have a bunch of buildings with AAA leases, all to Magna (MG-T). Converting to a REIT in December. Compared to other REITs, it is trading at 2/3 of its value. Will start paying a $2 dividend in December. Under levered. Worth $43.
TOP PICK
Grossly undervalued. Leverage is 20% compared to the average real estate company of 50%-60%. Converting to a REIT so substantially increasing their dividends. Stock should be $40 plus if they can execute their strategy to become a REIT.
TOP PICK
New management wants to make this into a real company. In the process of strategizing. They want to diversify. The next good news will be the announcement of a real dividend and it should re-value the company.
TOP PICK
Real estate that owns the property where Magna Plants are. Now that Frank Stronach is totally out of the stock, they have a new board and new management and the balance sheet is way under levered.
DON'T BUY

This is part of Magna International (MG.A-T) and they do whatever they want. Very low yield. Cheap. The question is, what is going to happen to allow the value to be realized.

Showing 151 to 156 of 156 entries