Raymond James Has Bullish Estimate for GRP.U Q4 Earnings

Granite Real Estate Inc. Staple (NYSE:GRP.U) – Equities research analysts at Raymond James lifted their Q4 2025 EPS estimates for shares of Granite Real Estate Inc. Staple in a research report issued to clients and investors on Friday, November 8th. Raymond James analyst B. Sturges now forecasts that the company will post earnings per share of $1.10 for the quarter, up from their prior estimate of $1.08. The consensus estimate for Granite Real Estate Inc. Staple’s current full-year earnings is $3.88 per share. Raymond James also issued estimates for Granite Real Estate Inc. Staple’s Q1 2026 earnings at $1.13 EPS.

Separately, StockNews.com raised shares of Granite Real Estate Inc. Staple from a “buy” rating to a “strong-buy” rating in a report on Sunday.

Granite Real Estate Inc. Staple Stock Performance

GRP.U opened at $54.61 on Monday. The company has a current ratio of 1.34, a quick ratio of 0.37 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $3.43 billion, a PE ratio of 15.25 and a beta of 1.21. The firm has a 50 day moving average of $57.21 and a two-hundred day moving average of $53.55. Granite Real Estate Inc. Staple has a 12-month low of $45.60 and a 12-month high of $65.63.

Granite Real Estate Inc. Staple Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.1994 per share. This represents a $2.39 annualized dividend and a dividend yield of 4.38%. The ex-dividend date is Thursday, October 31st. Granite Real Estate Inc. Staple’s dividend payout ratio (DPR) is 68.16%.

About Granite Real Estate Inc. Staple

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.