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Real Estate

Comparing Granite Real Estate Inc. Staple (GRP.U) & Its Rivals


Granite Real Estate Inc. Staple (NYSE:GRP.UGet Rating) is one of 331 public companies in the “Real estate investment trusts” industry, but how does it weigh in compared to its peers? We will compare Granite Real Estate Inc. Staple to similar companies based on the strength of its earnings, risk, valuation, profitability, institutional ownership, dividends and analyst recommendations.

Insider and Institutional Ownership

56.1% of Granite Real Estate Inc. Staple shares are held by institutional investors. Comparatively, 67.8% of shares of all “Real estate investment trusts” companies are held by institutional investors. 7.3% of shares of all “Real estate investment trusts” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Granite Real Estate Inc. Staple and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Granite Real Estate Inc. Staple 270.82% 21.04% 13.09%
Granite Real Estate Inc. Staple Competitors 15.07% 1.83% 2.40%

Risk & Volatility

Granite Real Estate Inc. Staple has a beta of 0.9, meaning that its stock price is 10% less volatile than the S&P 500. Comparatively, Granite Real Estate Inc. Staple’s peers have a beta of 1.11, meaning that their average stock price is 11% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Granite Real Estate Inc. Staple and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Real Estate Inc. Staple 0 0 1 0 3.00
Granite Real Estate Inc. Staple Competitors 1824 11080 12877 270 2.45

As a group, “Real estate investment trusts” companies have a potential upside of 13.79%. Given Granite Real Estate Inc. Staple’s peers higher probable upside, analysts clearly believe Granite Real Estate Inc. Staple has less favorable growth aspects than its peers.

Dividends

Granite Real Estate Inc. Staple pays an annual dividend of $2.37 per share and has a dividend yield of 3.9%. Granite Real Estate Inc. Staple pays out 17.3% of its earnings in the form of a dividend. As a group, “Real estate investment trusts” companies pay a dividend yield of 3.7% and pay out 118.7% of their earnings in the form of a dividend. Granite Real Estate Inc. Staple is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Earnings and Valuation

This table compares Granite Real Estate Inc. Staple and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Granite Real Estate Inc. Staple $313.95 million $1.05 billion 4.47
Granite Real Estate Inc. Staple Competitors $790.39 million $173.63 million 34.63

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

Summary

Granite Real Estate Inc. Staple beats its peers on 8 of the 15 factors compared.

Granite Real Estate Inc. Staple Company Profile

(Get Rating)

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. Granite Real Estate Investment Trust, formerly known as Granite Real Estate Inc., is based in Toronto, Canada.



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