Slate Grocery REIT SGR.UN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SGR.UN is a good fit for your portfolio.
News
-
Slate Grocery REIT Announces Distribution for the Month of April 2024
-
Slate Grocery REIT to Release First Quarter 2024 Financial Results
-
Slate Grocery REIT Announces Distribution for the Month of March 2024
-
Slate Grocery REIT Announces Distribution for the Month of February 2024
-
Slate Grocery REIT Posts Q4 2023 Earnings Call Transcript and Investor Update
-
Slate Grocery REIT Reports Fourth Quarter and Year End 2023 Results
-
Slate Grocery REIT Announces Renewal of Normal Course Issuer Bid
Trading Information
- Previous Close Price
- CAD 10.94
- Day Range
- CAD 10.94–11.08
- 52-Week Range
- CAD 9.56–13.75
- Bid/Ask
- CAD 11.00 / CAD 11.05
- Market Cap
- CAD 654.41 Mil
- Volume/Avg
- 59,987 / 99,018
Key Statistics
- Price/Earnings (Normalized)
- 7.66
- Price/Sales
- 2.45
- Dividend Yield (Trailing)
- 10.34%
- Dividend Yield (Forward)
- 10.77%
- Total Yield
- 12.93%
Company Profile
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company's properties include Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, and others.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.slategroceryreit.com
Comparables
Valuation
|
Metric
|
SGR.UN
|
MRT.UN
|
PMZ.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.66 | 6.01 | 8.84 |
Price/Book Value | 0.72 | 0.36 | 0.62 |
Price/Sales | 2.45 | 1.35 | 3.19 |
Price/Cash Flow | 7.11 | 6.28 | 8.31 |
Price/Earnings
SGR.UN
MRT.UN
PMZ.UN
Financial Strength
|
Metric
|
SGR.UN
|
MRT.UN
|
PMZ.UN
|
|---|---|---|---|
Quick Ratio | 0.13 | 0.04 | 0.30 |
Current Ratio | 0.17 | 0.04 | 0.30 |
Interest Coverage | 1.33 | −0.22 | 2.81 |
Quick Ratio
SGR.UN
MRT.UN
PMZ.UN
Profitability
|
Metric
|
SGR.UN
|
MRT.UN
|
PMZ.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 0.46% | −3.18% | 3.14% |
Return on Equity (Normalized) | 1.45% | −7.37% | 5.14% |
Return on Invested Capital (Normalized) | 3.52% | −0.58% | 4.37% |
Return on Assets
SGR.UN
MRT.UN
PMZ.UN
REIT - Retail Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SPG
| Simon Property Group Inc | Wljhbftwc | Tzxm | $46.5 Bil | |
O
| Realty Income Corp | Lpypvqkm | Sjcc | $46.3 Bil | |
KIM
| Kimco Realty Corp | Bbgbffv | Zgwb | $12.4 Bil | |
UNBLF
| Unibail-Rodamco-Westfield Act. SIIC ET STES FONC.EUROP. | — | Lfhd | $11.4 Bil | |
UNIRF
| Unibail-Rodamco-Westfield ADR | — | Bsvv | $11.4 Bil | |
LKREF
| Link Real Estate Investment Trust | — | Cyyw | $11.1 Bil | |
REG
| Regency Centers Corp | Qpwldppd | Bhxl | $10.8 Bil | |
STGPF
| Scentre Group | — | Kfwtf | $10.5 Bil | |
FRT
| Federal Realty Investment Trust | Txhwmyvsl | Txrvz | $8.5 Bil | |
MAC
| Macerich Co | Lhwtfysz | Hhcp | $3.4 Bil |