Granite Real Estate Stock Today
| GRP-UN Stock | USD 50.62 0.40 0.80% |
Performance0 of 100
| Odds Of DistressLess than 33
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Granite Real is selling at 50.62 as of the 23rd of April 2024; that is 0.80% increase since the beginning of the trading day. The stock's open price was 50.22. Granite Real has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Granite Real Estate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Real Estate Management & Development | Category Real Estate |
Granite Real is entity of United States. It is traded as Stock on NYSE exchange. The company has 63.36 M outstanding shares of which 215.77 K shares are currently shorted by private and institutional investors with about 12.92 days to cover all short positions. More on Granite Real Estate
Moving against Granite Stock
| 0.49 | VINO | Gaucho Group Holdings | PairCorr |
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Granite Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Granite Real's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Granite Real or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | P ICDD | ||||
| Business Concentration | Real Estate Management & Development, Real Estate, Real Estate, Real Estate Management & Development, REIT-Industrial, Real Estate (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Granite Real report their recommendations after researching Granite Real's financial statements, talking to executives and customers, or listening in on Granite Real's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Granite Real Estate. The Granite consensus assessment is calculated by taking the average forecast from all of the analysts covering Granite Real. | |||||
Granite Real's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Granite Real's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Granite Real's financial leverage. It provides some insight into what part of Granite Real's total assets is financed by creditors.
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Granite Real Estate (GRP-UN) is traded on New York Stock Exchange in USA and employs 69 people. Granite Real is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Granite Real's market, we take the total number of its shares issued and multiply it by Granite Real's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Granite Real Estate operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 63.36 M outstanding shares of which 215.77 K shares are currently shorted by private and institutional investors with about 12.92 days to cover all short positions.
Granite Real generates positive cash flow from operations, but has no cash available
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Ownership AllocationGranite Real Estate has a total of 63.36 Million outstanding shares. The majority of Granite Real Estate outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Granite Real to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Granite Real Estate. Please pay attention to any change in the institutional holdings of Granite Real Estate as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Granite Ownership Details
Granite Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Granite Real jumping above the current price in 90 days from now is close to 99%. The Granite Real Estate probability density function shows the probability of Granite Real stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Granite Real has a beta of 0.2712. This usually indicates as returns on the market go up, Granite Real average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Granite Real Estate will be expected to be much smaller as well. Additionally, granite Real Estate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Granite Real to move above the current price in 90 days from now is close to 99 (This Granite Real Estate probability density function shows the probability of Granite Stock to fall within a particular range of prices over 90 days) .
Granite Real Estate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Granite Real market risk premium is the additional return an investor will receive from holding Granite Real long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Granite Real. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Granite Real's alpha and beta are two of the key measurements used to evaluate Granite Real's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.26 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.96 | |||
| Risk Adjusted Performance | (0.03) |
Granite Stock Against Markets
Picking the right benchmark for Granite Real stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Granite Real stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Granite Real is critical whether you are bullish or bearish towards Granite Real Estate at a given time. Please also check how Granite Real's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Granite Real without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Granite Real Corporate Management
Elected by the shareholders, the Granite Real's board of directors comprises two types of representatives: Granite Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Granite. The board's role is to monitor Granite Real's management team and ensure that shareholders' interests are well served. Granite Real's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Granite Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Teresa CA | Chief Officer | Profile | |
| Jon Sorg | Senior US | Profile | |
| Keith Stephen | Vice Environment | Profile | |
| Andrea Sanelli | Manager Services | Profile | |
| Lorne Kumer | Executive Estate | Profile | |
| Michael Ramparas | Executive Investments | Profile |
How to buy Granite Stock?
Before investing in Granite Real, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Granite Real. To buy Granite Real stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Granite Real. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Granite Real stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Granite Real Estate stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Granite Real Estate stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Granite Real Estate, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Granite Real Estate?
The danger of trading Granite Real Estate is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Granite Real is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Granite Real. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Granite Real Estate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Granite Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Granite Stock analysis
When running Granite Real's price analysis, check to measure Granite Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Real is operating at the current time. Most of Granite Real's value examination focuses on studying past and present price action to predict the probability of Granite Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Real's price. Additionally, you may evaluate how the addition of Granite Real to your portfolios can decrease your overall portfolio volatility.
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