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Granite Real Estate (GRP.U)

(Delayed Data from NYSE)

$50.61 USD

50.61
209

+0.30 (0.60%)

Updated Apr 26, 2024 03:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value F Growth A Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 42% (147 out of 252)

Industry: REIT and Equity Trust - Other

Better trading starts here.

Balance Sheet

Research for GRP.U

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Granite Real Estate Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 93 104 321 621 225
Receivables 9 127 18 6 6
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 102 231 339 626 231
Net Property & Equipment 0 0 0 0 0
Investments & Advances 6,602 6,803 6,362 4,374 3,361
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 4 4 3
Intangibles 0 0 0 0 0
Deposits & Other Assets 12 104 130 34 25
Total Assets 6,716 7,138 6,835 5,037 3,620
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 70 88 90 46 38
Current Portion Long-Term Debt 181 313 0 187 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 251 401 90 232 38
Mortgages 0 0 0 0 0
Deferred Taxes/Income 397 429 482 293 242
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,090 2,027 1,936 1,439 895
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 40 40 55 119 49
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,802 2,923 2,589 2,109 1,248
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,467 2,575 2,748 2,343 1,965
Capital Surplus 4 9 43 40 41
Retained Earnings 1,211 1,310 1,395 472 277
Other Equity 232 322 60 73 89
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 3,914 4,215 4,246 2,928 2,372
Total Liabilities & Shareholder's Equity 6,716 7,138 6,835 5,037 3,620
Total Common Equity 3,914 4,215 4,246 2,928 2,372
Shares Outstanding 63.20 63.70 65.60 61.60 54.00
Book Value Per Share 61.93 66.18 64.73 47.53 43.93

Fiscal Year End for Granite Real Estate Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 93 118 89 87
Receivables NA 9 104 7 11
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 102 222 96 97
Net Property & Equipment NA 0 0 0 0
Investments & Advances NA 6,602 6,635 6,573 6,620
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 12 11 135 128
Total Assets NA 6,716 6,869 6,804 6,846
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 70 76 64 86
Current Portion Long-Term Debt NA 181 299 297 337
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 251 375 361 423
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 397 401 404 405
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,090 2,001 1,977 1,910
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 41 43 48
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,802 2,843 2,810 2,812
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 2,467 2,497 2,492 2,477
Capital Surplus NA 4 9 9 9
Retained Earnings NA 1,211 1,233 1,244 1,228
Other Equity NA 232 287 250 321
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,914 4,026 3,995 4,035
Total Liabilities & Shareholder's Equity NA 6,716 6,869 6,804 6,846
Total Common Equity 0 3,914 4,026 3,995 4,035
Shares Outstanding 63.20 63.20 63.70 63.70 63.70
Book Value Per Share 0.00 61.93 63.20 62.71 63.34