TSX

Slate Grocery REIT

SGR-UN.TO•Real Estate•REIT - Retail
Current Price
$17.47
Today's Change
-0.17%
Market Cap
$1.04B
Volume
46.82K

💡 Quick Take

Slate Grocery REIT owns and operates grocery-anchored real estate in the U.S., with a market cap of $1.04 billion. Key strengths include a solid FFO of $53.95 million and a reasonable FFO payout ratio of 65.5%, indicating sustainable distributions. However, the price-to-FFO ratio of 18.08x suggests a potentially high valuation relative to cash flows. The distribution yield of 6.84% is attractive, but investors should monitor revenue growth, which, while strong at 10.6%, may face challenges in a fluctuating retail environment.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$18.00
52 Week Low$9.36
Avg Volume501.42K
Beta1.04
Shares Outstanding59.22M

🔥 Valuation

Market Cap$1.04B
FFO/Share$0.91
Price/FFO18.08x
Distribution Yield3.62%
Property TypeRetail

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🚩 Red Flags

✅

No significant red flags identified

This company appears financially healthy on available metrics

🌟 Opportunities

💪

Positive FFO indicates healthy cash generation from property operations.

🚀

FFO payout ratio of 65.5% provides comfortable cushion for distribution growth and reinvestment.

💪

Positive net income demonstrates strong operational performance beyond FFO metrics.

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