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Upturn AI SWOT - About
GRP-UN 
Granite Real Estate Investment Trust (GRP-UN)
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Upturn Advisory Summary
10/15/2025: GRP-UN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $66.56
1 Year Target Price $66.56
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 21.9% | Avg. Invested days 54 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.33B USD | Price to earnings Ratio 14.3 | 1Y Target Price 66.56 |
Price to earnings Ratio 14.3 | 1Y Target Price 66.56 | ||
Volume (30-day avg) 1 | Beta 1.18 | 52 Weeks Range 37.48 - 59.08 | Updated Date 10/15/2025 |
52 Weeks Range 37.48 - 59.08 | Updated Date 10/15/2025 | ||
Dividends yield (FY) 6.17% | Basic EPS (TTM) 3.84 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 56.35% | Operating Margin (TTM) 75.75% |
Management Effectiveness
Return on Assets (TTM) 3% | Return on Equity (TTM) 6.2% |
Valuation
Trailing PE 14.3 | Forward PE 12.24 | Enterprise Value 5653728073 | Price to Sales(TTM) 5.61 |
Enterprise Value 5653728073 | Price to Sales(TTM) 5.61 | ||
Enterprise Value to Revenue 13.27 | Enterprise Value to EBITDA 17.27 | Shares Outstanding 60591515 | Shares Floating 60330971 |
Shares Outstanding 60591515 | Shares Floating 60330971 | ||
Percent Insiders 0.49 | Percent Institutions 72.82 |
Upturn AI SWOT
Granite Real Estate Investment Trust
Company Overview
History and Background
Granite Real Estate Investment Trust (GRT.UN) was established in 2002, focusing on industrial, logistics and distribution properties. It was spun off from Magna International, initially managing properties primarily leased to Magna. Over time, it diversified its tenant base and geographic footprint.
Core Business Areas
- Industrial, Logistics and Distribution Properties: Ownership, acquisition, development, and management of income-producing industrial, logistics, and distribution properties. Focus is on modern e-commerce fulfilment and distribution centres.
Leadership and Structure
Granite's leadership team consists of the CEO, CFO, COO and other senior management positions. The organizational structure is typical of a REIT, with a Board of Trustees overseeing the management team. Remco Daal is the President and Chief Executive Officer.
Top Products and Market Share
Key Offerings
- Industrial Properties: Granite's primary offering is the leasing of industrial properties, predominantly logistics and distribution facilities. Precise market share is hard to quantify directly due to the fragmented nature of the industrial REIT market, but Granite focuses on key industrial markets in North America and Europe. Competitors include Prologis (PLD), Duke Realty (DRE) (now part of Prologis), and other regional industrial REITs.
Market Dynamics
Industry Overview
The industrial REIT sector is currently experiencing strong demand, driven by e-commerce growth and supply chain modernization. Increased construction costs and supply chain issues are present. Vacancy rates are generally low, and rental rates are increasing in many markets.
Positioning
Granite is well-positioned within the industrial REIT sector due to its high-quality portfolio of modern logistics facilities and its strategic focus on key industrial markets. Its diversification efforts have strengthened its tenant base and reduced reliance on a single tenant.
Total Addressable Market (TAM)
The total addressable market for industrial REITs is significant, estimated to be in the hundreds of billions of dollars globally. Granite is positioned to capture a portion of this market through acquisitions, developments, and organic growth. Total US Industrial Real Estate in 2023, approx. $1.6 Trillion
Upturn SWOT Analysis
Strengths
- High-quality portfolio of modern logistics facilities
- Strategic locations in key industrial markets
- Strong tenant base with long-term leases
- Solid balance sheet and access to capital
- Experienced management team
Weaknesses
- Tenant concentration risk (although decreasing)
- Sensitivity to interest rate fluctuations
- Reliance on external growth through acquisitions and developments
Opportunities
- Continued growth in e-commerce and logistics
- Expansion into new geographic markets
- Development of new industrial properties
- Acquisition of undervalued industrial assets
- Rising rental rates in key markets
Threats
- Economic slowdown and recession
- Increased competition from other industrial REITs
- Rising interest rates and inflation
- Oversupply of industrial space in certain markets
- Geopolitical instability
Competitors and Market Share
Key Competitors
- PLD
- EQIX
- PSA
- ARE
Competitive Landscape
Granite competes with other industrial REITs based on property location, quality, tenant relationships, and capital availability. Granite has a strong focus on modern logistics facilities and a growing presence in key industrial markets.
Major Acquisitions
Monmouth Real Estate Investment Corporation
- Year: 2021
- Acquisition Price (USD millions): 4000
- Strategic Rationale: Expanded Granite's US portfolio and increased exposure to e-commerce-related logistics facilities. It was outbid by Industrial Logistics Properties Trust (ILPT)
Growth Trajectory and Initiatives
Historical Growth: Granite has grown through acquisitions, developments, and organic rental rate increases. Historical growth rates can be calculated based on revenue, NOI, and FFO.
Future Projections: Future growth projections are based on analyst estimates, which can be found on financial websites and investment research reports.
Recent Initiatives: Recent strategic initiatives include acquisitions of new properties, development projects, and sustainability initiatives.
Summary
Granite is a solid industrial REIT with a strong portfolio and growth potential, driven by e-commerce and supply chain trends. It faces competition and interest rate risks but benefits from strategic locations and a diversified tenant base. Continued acquisitions and developments should fuel future growth. Potential challenges could include economic slowdown and changes in market sentiment. Granite appears well managed with good growth potential.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Financial Reports
- Investor Presentations
- Industry Research Reports
- Financial News Websites (e.g., Yahoo Finance, Bloomberg)
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Granite Real Estate Investment Trust
Exchange NYSE | Headquaters Toronto, ON, Canada | ||
IPO Launch date - | President, CEO & Trustee Mr. Kevan S. Gorrie ICD.D, P. Eng | ||
Sector Real Estate | Industry REIT - Industrial | Full time employees 70 | Website https://www.granitereit.com |
Full time employees 70 | Website https://www.granitereit.com | ||
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 141 investment properties representing approximately 60.6 million square feet of gross leasable area.
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