Recent Analysts’ Ratings Changes for Granite Real Estate Investment Trust (GRT.UN)

Granite Real Estate Investment Trust (TSE: GRT.UN) recently received a number of ratings updates from brokerages and research firms:

• 5/8/2026 – Granite Real Estate Investment Trust had its price target raised by Canadian Imperial Bank of Commerce from C$98.00 to C$105.00.
• 5/8/2026 – Granite Real Estate Investment Trust had its price target raised by Raymond James Financial, Inc. from C$101.00 to C$103.00. They now have an “outperform” rating on the stock.
• 5/8/2026 – Granite Real Estate Investment Trust had its price target raised by TD from C$96.00 to C$101.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Granite Real Estate Investment Trust had its price target raised by Scotia from C$100.00 to C$105.00. They now have a “sector outperform” rating on the stock.
• 5/8/2026 – Granite Real Estate Investment Trust had its price target raised by Canaccord Genuity Group Inc. from C$100.00 to C$105.00. They now have a “buy” rating on the stock.
• 4/20/2026 – Granite Real Estate Investment Trust had its price target raised by National Bank Financial from C$102.50 to C$110.00. They now have an “outperform” rating on the stock.

Granite Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a dividend of $0.2958 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. Granite Real Estate Investment Trust’s dividend payout ratio (DPR) is 53.53%.

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 147 investment properties representing approximately 62.6 million square feet of leasable area.