Is Granite Real Estate stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Granite Real Estate pays dividends. Last time was Monday 16th of September 2024 where the investors holding the stock on Friday 30th of August 2024 were paid $0.275 per share. Over the last 139 times between 2013 and 2024, Granite Real Estate has paid $31.448 with an average of $0.23 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Granite Real Estate 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $48.01, you would have made a profit of $7.91 per share or 16.48%
No, the average daily trading liquidity for Granite Real Estate is $17 694 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Granite Real Estate has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.10, the company's ability to pay off the debt is normal. Granite Real Estate has a very good net profit margin of 40.71% and should have very high tolerances against inflation.
We have calculated the inflation risk for Granite Real Estate to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.