Q1 EPS Forecast for Granite Real Estate Lowered by Analyst

Granite Real Estate Inc. (NYSE:GRP.UFree Report) – Analysts at Raymond James Financial dropped their Q1 2026 earnings estimates for Granite Real Estate in a report released on Thursday, October 16th. Raymond James Financial analyst B. Sturges now anticipates that the company will earn $1.10 per share for the quarter, down from their prior forecast of $1.13. The consensus estimate for Granite Real Estate’s current full-year earnings is $3.81 per share. Raymond James Financial also issued estimates for Granite Real Estate’s Q2 2026 earnings at $1.12 EPS, Q3 2026 earnings at $1.15 EPS, FY2026 earnings at $4.53 EPS, Q1 2027 earnings at $1.18 EPS, Q2 2027 earnings at $1.19 EPS, Q3 2027 earnings at $1.20 EPS and FY2027 earnings at $4.79 EPS.

Granite Real Estate Trading Down 1.0%

GRP.U stock opened at $56.18 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s fifty day moving average is $56.25 and its 200 day moving average is $51.75. Granite Real Estate has a one year low of $38.37 and a one year high of $59.51.

Granite Real Estate Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 29th were given a dividend of $0.206 per share. This is a boost from Granite Real Estate’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, September 29th.

Granite Real Estate Company Profile

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Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing.

Further Reading

Earnings History and Estimates for Granite Real Estate (NYSE:GRP.U)

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