G
ranite Real Estate Inc. (NYSE: GRP.U) released a free report after Raymond James Financial adjusted its FY2025 earnings per share forecast. Analyst B. Sturges now projects $4.16 EPS for the year, down from the previous $4.29 estimate. The consensus for the full year stands at $3.81 EPS. Raymond James also projected Q4 2025 earnings of $1.09 EPS, Q4 2026 $1.11 EPS, Q1 2027 $1.16 EPS, Q2 2027 $1.17 EPS, and FY 2027 $4.76 EPS.
The stock rose 0.3% and opened at $55.23 on Monday. Granite’s market capitalization is $3.35 billion with a P/E ratio of 16.39. Over the past year the share has traded between $38.37 and $59.51. Its 50‑day moving average is $55.97 and the 200‑day average is $53.13. Key liquidity metrics show a debt‑to‑equity ratio of 0.56, a current ratio of 0.59, and a quick ratio of 0.59.
The company recently increased its monthly dividend to $0.206, paid on October 15. Shareholders of record on September 29 received the dividend, which sets an annualized yield of 4.5%, up from the prior $0.20 monthly payout.
Granite Real Estate Investment Trust focuses on owning and managing industrial properties across Canada, the United States, Mexico, and Europe. Its services include property acquisition, site development, regulatory approvals, build‑to‑suit construction, renovation, project management, and long‑term leasing.
The firm’s outlook includes a projected FY2025 EPS of $4.16, with subsequent quarterly and FY2027 estimates as noted above. Analysts maintain a Hold rating, while other top picks are highlighted by MarketBeat for potential buying opportunities.
