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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Granite REIT
(A Top Pick Nov 03/22, Up 22.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GRT.UN is progressing well.  To remain disciplined, we recommend trailing up the stop (from $63) to $69 at this time. 

property mngmnt / investment
BUY
Granite REIT

The question was on both Granite REIT and Cap REIT. They are both very different companies and he likes them both. Granite REIT is in the industrial warehouse sector in Canada, the U.S. and Europe, which he's bullish on. It has good management and trades at a good discount to NAV. Cap REIT is in the multi-family sector with great assets, exposure to Ontario and Toronto and good management. There is an overhang re apartment rents which are under government discussion. There are a number of bad owners in the news but this does not apply to REIT's

property mngmnt / investment
BUY on WEAKNESS
Granite REIT
The largest industrial REIT on the TSX. They used to be concentrated on Magna. They hold property in Canada, US and Europe. Have a good balance sheet. He loves buying on sell-offs. A solid operator in a great space--industrial warehouses, given the shift to e-commerce.
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Granite REIT
Stockchase Research Editor: Michael O'Reilly We reiterate GRT.UN, which holds significant industrial and warehouse properties in North America and Europe (key in the rebalancing of global supply-chain issues), as a TOP PICK. It expects to raise rents on new industrial leases by 15-20%, signifying demand remaining strong. Its European assets have been discounted almost to zero -- unprecedented value here. It has increased its dividend for 10 consecutive years. We recommend trailing up the stop-loss (from $56) to $63, looking to achieve $102 -- upside potential over 45%. Yield 4.2% (Analysts’ price target is $101.86)
property mngmnt / investment
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Granite REIT
Stockchase Research Editor: Michael O'Reilly GRT.UN holds significant industrial and warehouse properties in North America and Europe -- key in the rebalancing of global supply-chain issues. It trades under book value and offers a good yield backed by a payout ratio under 75% of cash flow. We recommend placing a stop-loss at $56, looking to achieve $102 -- upside potential over 48%. Yield 4.5% (Analysts’ price target is $101.86)
property mngmnt / investment
BUY
Granite REIT
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.
property mngmnt / investment
DON'T BUY
Granite REIT
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.
property mngmnt / investment
TOP PICK
Granite REIT
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)
property mngmnt / investment
BUY
Granite REIT
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.
property mngmnt / investment
WAIT
Granite REIT
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.
property mngmnt / investment
BUY
Granite REIT
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.
property mngmnt / investment
BUY
Granite REIT
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.
property mngmnt / investment
BUY
Granite REIT

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

property mngmnt / investment
PAST TOP PICK
Granite REIT
(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.
property mngmnt / investment
BUY
Granite REIT
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.
property mngmnt / investment
Showing 1 to 15 of 115 entries

Granite REIT(GRT.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 10

Stockchase rating for Granite REIT is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Granite REIT(GRT.UN-T) Frequently Asked Questions

What is Granite REIT stock symbol?

Granite REIT is a Canadian stock, trading under the symbol GRT.UN-T on the Toronto Stock Exchange (GRT.UN-CT). It is usually referred to as TSX:GRT.UN or GRT.UN-T

Is Granite REIT a buy or a sell?

In the last year, 10 stock analysts published opinions about GRT.UN-T. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Granite REIT.

Is Granite REIT a good investment or a top pick?

Granite REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Granite REIT.

Why is Granite REIT stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Granite REIT worth watching?

10 stock analysts on Stockchase covered Granite REIT In the last year. It is a trending stock that is worth watching.

What is Granite REIT stock price?

On 2023-03-24, Granite REIT (GRT.UN-T) stock closed at a price of $79.83.