Granite Real Estate Investment Trust (GRP) versus Its Competitors Financial Survey

Granite Real Estate Investment Trust (NYSE: GRP) is one of 14 publicly-traded companies in the “Industrial REITs” industry, but how does it weigh in compared to its competitors? We will compare Granite Real Estate Investment Trust to related businesses based on the strength of its analyst recommendations, risk, institutional ownership, profitability, earnings, dividends and valuation.

Risk & Volatility

Granite Real Estate Investment Trust has a beta of 1.99, indicating that its stock price is 99% more volatile than the S&P 500. Comparatively, Granite Real Estate Investment Trust’s competitors have a beta of 1.06, indicating that their average stock price is 6% more volatile than the S&P 500.

Insider & Institutional Ownership

91.8% of shares of all “Industrial REITs” companies are owned by institutional investors. 1.8% of shares of all “Industrial REITs” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations for Granite Real Estate Investment Trust and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Real Estate Investment Trust 0 2 0 0 2.00
Granite Real Estate Investment Trust Competitors 56 502 494 5 2.42

Granite Real Estate Investment Trust presently has a consensus price target of $45.50, suggesting a potential upside of 11.63%. As a group, “Industrial REITs” companies have a potential downside of 2.80%. Given Granite Real Estate Investment Trust’s higher possible upside, equities research analysts plainly believe Granite Real Estate Investment Trust is more favorable than its competitors.

Earnings & Valuation

This table compares Granite Real Estate Investment Trust and its competitors gross revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Granite Real Estate Investment Trust N/A N/A 31.60
Granite Real Estate Investment Trust Competitors $606.71 million $215.55 million 144.27

Granite Real Estate Investment Trust’s competitors have higher revenue and earnings than Granite Real Estate Investment Trust. Granite Real Estate Investment Trust is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Granite Real Estate Investment Trust and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Granite Real Estate Investment Trust N/A N/A N/A
Granite Real Estate Investment Trust Competitors 52.16% 7.10% 3.68%

Summary

Granite Real Estate Investment Trust competitors beat Granite Real Estate Investment Trust on 9 of the 11 factors compared.

Granite Real Estate Investment Trust Company Profile

Granite Real Estate Investment Trust is a real estate investment trust (REIT). It is engaged principally in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe leased primarily to Magna International Inc. and its automotive operating units. It is a service REIT with an international portfolio consisting of over 100 properties. It provides a range of services that includes 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. In November 2013, Granite Real Estate Investment Trust completed its acquisition of a 2.5 million square foot portfolio of seven properties located in Germany and the Netherlands from funds managed by AEW Europe.

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