Granite REIT (GRT.UN.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Granite REIT (GRT.UN.TO)

96.42

+0.22 (0.23%)

as of Jun 26, 2026, 8:00:00 pm Market Open.

347 watching

Investor Insights

Jun 26, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

Granite REIT (GRT.UN-T) is a well-regarded player in the industrial real estate sector, particularly known for its substantial lease with auto-part maker Magna and a diversified portfolio across Tier 1 markets such as the Greater Toronto Area and the rapidly growing Florida-Texas belt. Experts have praised the company's ability to navigate challenges related to tariffs and inflation, with a positive outlook on leasing activity bouncing back after a slowdown. Despite concerns about the industrial warehouse sector being overbuilt during the pandemic, Granite REIT benefits from a clean balance sheet and solid cash flow, primarily from Magna, which is moving towards longer-term contracts. Analysts note that the stock is trading at a discount to its net asset value (NAV) with a healthy dividend yield, positioning it well for continued growth as the market stabilizes. Overall, the consensus sees potential for positive returns as REITs begin to recover into 2027.

Consensus

Positive

Valuation

Fair Value

Similar

PLD

BUY

Largest industrial REIT in Canada with regards to market cap. European portfolio weighing down company. Great management team. Trading at discount to net asset value. Own shares and would recommend buying. Share price presenting buying opportunity.

DON'T BUY

Diversified away from MG, reducing exposure to 25-30%. Problem when assets are outside North America. European headwinds, foreign exchange, slowing economy. Underperformed this year. Better industrial plays out there.

TOP PICK

The stock is down too much, pays a 4% dividend and should grow 15 to 20% in the next 12 months. It is an opportunity to invest in Europe since it has some European industrial exposure and it can borrow more cheaply there. It is still growing and has contracts indexed to inflation. Buy 11, Hold 0, Sell 0 (Analysts’ price target is $97.00)

BUY

Granite vs. Riocan REITs She owns neither, though they are both well run that should do well long term. Granite is better given strong demand for industrial warehouses, driven by ongoing e-commerce.

WAIT

This one's in the industrial space. Not a huge fan of real estate right now. Under pressure until we see some technical change or real indication rates are coming off. Avoid for now.

BUY

Earlier in the year, people bought real estate, thinking that would work in an inflationary environment. But recessions aren't good for real estate. Shows the folly of trying to second-guess, rather than having a long-term view. Well run. E-commerce is still strong.

BUY

Likes it. Great space. Canada, US, Europe. Today's the day you want to have growing industrial exposure in Europe, despite the political and recession risk. Industrial space is still doing well in Europe, and is playing catch up to NA.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Industrials are still favoured. Industrial demand continues to look solid. There is also more pricing power compared to residential occupancy. Rent increases in residential may be limited as the economy tightens. Unlock Premium - Try 5i Free

PAST TOP PICK

(A Top Pick Jun 04/21, Up 25%) People were looking for solid income stocks. They hold industrial RE, including Europe. They've diversified its base, are handling its debt well and making acquisitions. Solid for income and moderate growth.

BUY

In the industrial warehouse space in the U.S., Canada and Europe. He is particularly bullish on industrial space in Europe since Amazon is building out there. Conservative balance sheet.

PAST TOP PICK

(A Top Pick Jun 04/21, Up 20%) It's holding up well, because it's in a steady space with high occupancy and can raise rents. In contrast, office space is not a good investment; most people are working from home. His office building is 5% occupied now.

BUY ON WEAKNESS

Allan Tong’s Discover Picks Granite's PE clocks in at a very respectable 5.8x and margins which handily beat Allied and Dream REITs. The same goes with its ROI of 16.72% vs. Dream's 12.35%. The dividend yield clocks in on the low side in this sector at 3.08% but is solid at a lowly 16.47% payout ratio. Oh, yeah, Magna is one of Granite's biggest clients. Read 3 Best Canadian industrial REITs in 2022 for our full analysis.

PAST TOP PICK

(A Top Pick Nov 25/20, Up 45%) Terrific results for a boring old REIT. The CEO is the all-star. Someday they'll have a supply problem, but not for many years. Right now, they're building industrial space like crazy. One of the best run real estate companies in Canada, with global ambitions.

BUY

He'd hold long-term. Industrial properties in Europe are a bit behind in pricing. Rents and valuation should go up. Stable, tremendous balance sheet. Conservative debt levels. Diversified beyond Magna. Lots of upside. Discount to NAV.

BUY ON WEAKNESS

GRT's been a big winner for him in the specialized REIT space. Though it's done well, you can add to it on pullbacks. There's a lot of time left in this game.

Showing 46 to 60 of 155 entries

Most Recent Experts

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Kevin Simpson

Capital Wealth Planning

Bryn Talkington

Requisite Capital Management

Andrey Omelchak

LionGuard Capital Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Granite REIT (GRT.UN.TO)