Granite Real Estate Investment Trust (GRT.UN) Competitors

C$70.50
-0.23 (-0.33%)
(As of 05/17/2024 ET)

GRT.UN vs. DIR.UN, CHP.UN, TCN, REI.UN, BEI.UN, SRU.UN, FCR.UN, CSH.UN, HR.UN, and AP.UN

Should you be buying Granite Real Estate Investment Trust stock or one of its competitors? The main competitors of Granite Real Estate Investment Trust include Dream Industrial Real Estate Invest Trst (DIR.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), Tricon Residential (TCN), RioCan Real Estate Investment Trust (REI.UN), Boardwalk REIT (BEI.UN), SmartCentres Real Estate Investment Trst (SRU.UN), First Capital Real Estate Investment Trust (FCR.UN), Chartwell Retirement Residences (CSH.UN), H&R Real Estate Investment Trust (HR.UN), and Allied Properties Real Estate Investment (AP.UN). These companies are all part of the "real estate" sector.

Granite Real Estate Investment Trust vs.

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) and Granite Real Estate Investment Trust (TSE:GRT.UN) are both mid-cap real estate companies, but which is the better stock? We will contrast the two businesses based on the strength of their community ranking, risk, analyst recommendations, earnings, valuation, institutional ownership, dividends, media sentiment and profitability.

31.9% of Dream Industrial Real Estate Invest Trst shares are held by institutional investors. Comparatively, 74.8% of Granite Real Estate Investment Trust shares are held by institutional investors. 3.2% of Dream Industrial Real Estate Invest Trst shares are held by insiders. Comparatively, 0.3% of Granite Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Granite Real Estate Investment Trust has higher revenue and earnings than Dream Industrial Real Estate Invest Trst. Dream Industrial Real Estate Invest Trst is trading at a lower price-to-earnings ratio than Granite Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dream Industrial Real Estate Invest TrstC$481.20M7.44C$196.60MC$0.6918.88
Granite Real Estate Investment TrustC$530.59M8.38C$216.01MC$3.4020.74

Dream Industrial Real Estate Invest Trst has a net margin of 40.86% compared to Dream Industrial Real Estate Invest Trst's net margin of 40.71%. Granite Real Estate Investment Trust's return on equity of 4.34% beat Dream Industrial Real Estate Invest Trst's return on equity.

Company Net Margins Return on Equity Return on Assets
Dream Industrial Real Estate Invest Trst40.86% 4.34% 2.71%
Granite Real Estate Investment Trust 40.71%3.97%2.74%

Dream Industrial Real Estate Invest Trst has a beta of 1.25, suggesting that its stock price is 25% more volatile than the S&P 500. Comparatively, Granite Real Estate Investment Trust has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500.

Dream Industrial Real Estate Invest Trst pays an annual dividend of C$0.70 per share and has a dividend yield of 5.4%. Granite Real Estate Investment Trust pays an annual dividend of C$3.30 per share and has a dividend yield of 4.7%. Dream Industrial Real Estate Invest Trst pays out 101.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Real Estate Investment Trust pays out 97.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Dream Industrial Real Estate Invest Trst received 89 more outperform votes than Granite Real Estate Investment Trust when rated by MarketBeat users. Likewise, 64.38% of users gave Dream Industrial Real Estate Invest Trst an outperform vote while only 57.06% of users gave Granite Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
Dream Industrial Real Estate Invest TrstOutperform Votes
291
64.38%
Underperform Votes
161
35.62%
Granite Real Estate Investment TrustOutperform Votes
202
57.06%
Underperform Votes
152
42.94%

In the previous week, Dream Industrial Real Estate Invest Trst and Dream Industrial Real Estate Invest Trst both had 2 articles in the media. Dream Industrial Real Estate Invest Trst's average media sentiment score of 0.88 beat Granite Real Estate Investment Trust's score of 0.49 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dream Industrial Real Estate Invest Trst
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Granite Real Estate Investment Trust
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Dream Industrial Real Estate Invest Trst currently has a consensus price target of C$15.94, indicating a potential upside of 22.31%. Granite Real Estate Investment Trust has a consensus price target of C$87.70, indicating a potential upside of 24.40%. Given Dream Industrial Real Estate Invest Trst's stronger consensus rating and higher possible upside, analysts plainly believe Granite Real Estate Investment Trust is more favorable than Dream Industrial Real Estate Invest Trst.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dream Industrial Real Estate Invest Trst
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
Granite Real Estate Investment Trust
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
3.22

Summary

Granite Real Estate Investment Trust beats Dream Industrial Real Estate Invest Trst on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRT.UN vs. The Competition

MetricGranite Real Estate Investment TrustREIT IndustryReal Estate SectorTSE Exchange
Market CapC$4.45BC$2.66BC$1.56BC$5.48B
Dividend Yield4.63%6.04%6.94%5.53%
P/E Ratio20.74259.02236.8622.71
Price / Sales8.38837.24345.612,194.33
Price / Cash17.7856.8058.4379.97
Price / Book0.850.881.433.21
Net IncomeC$216.01MC$5.48M-C$80.47MC$291.26M
7 Day Performance-1.02%1.51%1.99%1.54%
1 Month Performance2.17%4.52%5.74%3.93%
1 Year Performance-13.58%-0.93%0.99%26.53%

Granite Real Estate Investment Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DIR.UN
Dream Industrial Real Estate Invest Trst
1.5766 of 5 stars
C$12.97
-0.6%
C$15.94
+22.9%
-6.3%C$3.56BC$481.20M18.8090News Coverage
CHP.UN
Choice Properties Real Est Invstmnt Trst
1.7328 of 5 stars
C$13.04
-0.8%
C$14.81
+13.6%
-6.0%C$4.28BC$1.45B14.17238News Coverage
Positive News
TCN
Tricon Residential
2.1118 of 5 stars
C$15.34
-0.8%
C$12.39
-19.2%
N/AC$4.18BC$884.73M27.39978
REI.UN
RioCan Real Estate Investment Trust
2.047 of 5 stars
C$17.54
-1.1%
C$20.86
+18.9%
-12.7%C$5.27BC$1.21B103.18585Analyst Downgrade
BEI.UN
Boardwalk REIT
3.4393 of 5 stars
C$73.02
-0.3%
C$84.92
+16.3%
+19.1%C$3.61BC$558.58M4.581,700
SRU.UN
SmartCentres Real Estate Investment Trst
1.1222 of 5 stars
C$22.77
-0.5%
C$26.36
+15.8%
-10.5%C$3.29BC$929.40M9.37337Analyst Forecast
News Coverage
FCR.UN
First Capital Real Estate Investment Trust
1.362 of 5 stars
C$15.29
-0.2%
C$18.08
+18.3%
+1.9%C$3.25BC$774.04M-29.98364News Coverage
Positive News
CSH.UN
Chartwell Retirement Residences
1.0914 of 5 stars
C$12.68
+0.6%
C$14.20
+12.0%
+36.0%C$3.03BC$736.74M-48.7714,600Analyst Forecast
News Coverage
HR.UN
H&R Real Estate Investment Trust
1.5468 of 5 stars
C$9.30
+1.3%
C$11.60
+24.7%
-7.6%C$2.44BC$903.63M40.43728Analyst Forecast
News Coverage
AP.UN
Allied Properties Real Estate Investment
2.5852 of 5 stars
C$17.28
+1.3%
C$19.83
+14.8%
-23.5%C$2.21BC$576.88M-4.52N/ANews Coverage
Positive News

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This page (TSE:GRT.UN) was last updated on 5/19/2024 by MarketBeat.com Staff

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