Slate Grocery REIT (SRRTF)
| Market Cap | 590.72M |
| Revenue (ttm) | 217.87M |
| Net Income (ttm) | 38.28M |
| Shares Out | n/a |
| EPS (ttm) | 0.63 |
| PE Ratio | 15.43 |
| Forward PE | n/a |
| Dividend | 0.86 (8.72%) |
| Ex-Dividend Date | Apr 30, 2025 |
| Volume | 12,180 |
| Average Volume | 43,092 |
| Open | 10.06 |
| Previous Close | 10.00 |
| Day's Range | 9.91 - 10.10 |
| 52-Week Range | 8.75 - 10.96 |
| Beta | 1.40 |
| RSI | 53.91 |
| Earnings Date | May 7, 2025 |
About Slate Grocery REIT
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. [Read more]
Financial Performance
In 2024, Slate Grocery REIT's revenue was $217.87 million, an increase of 5.26% compared to the previous year's $206.99 million. Earnings were $38.28 million, an increase of 154.79%.
Financial StatementsNews
Slate Grocery REIT: This High-Yielder's Fundamentals Keep On Improving
Slate Grocery REIT offers a compelling 9.3% yield, supported by strong fundamentals and a portfolio of 116 grocery-anchored retail locations across 23 states. The REIT's top tenants include major groc...
Slate Grocery REIT Announces Distribution for the Month of April 2025
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declare...
Disparate Property Supply In Tampa Creates Selective Opportunity
Tampa's strong job and population growth make it a prime real estate location, but supply and demand dynamics are crucial for investment decisions. The high housing supply in Tampa has led to a tempor...
If I Had To Pick 2 REITs For High Non-Cyclical Income, It Would Be These
The REIT market seems to be one of the few segments that can benefit from the increased risk of a recession. Yet, investors have to still be careful about REIT specific risks that could materialize in...
5 REITs Ripe For Buyout
M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REI...
If I Had To Name 2 REIT Dividend Bargains, It Would Be These
REITs are per definition designed to be durable income vehicles. If one can combine high quality with low multiple, the things can become attractive from the total return perspective as well. In this ...
REITs Win As Weak Retailers Go Bankrupt
Retailer bankruptcies present opportunities for REITs due to high demand and low supply of shopping center space, leading to higher rents and better tenants. Leases are both liabilities and assets; ba...
Slate Grocery REIT Announces Distribution for the Month of February 2025
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declare...
Slate Grocery REIT: My Favorite High Monthly Dividend Paying REIT
Slate Grocery REIT is deeply discounted grocery-anchored business that keeps generating consistently growing organic cash flows. Slate trades at P/FFO of ~9.0x, it has in-place rents that are ~45% bel...
Slate Grocery REIT (SRRTF) Q4 2024 Earnings Call Transcript
Slate Grocery REIT (OTC:SRRTF) Q4 2024 Earnings Conference Call February 12, 2025 9:00 AM ET Company Participants Shivi Agarwal – Manager-Finance Blair Welch – Chief Executive Officer Allen Gordon – S...
Slate Grocery REIT Reports Fourth Quarter and Year-End 2024 Results
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, today announced its financial results and highlights f...
One REIT And REIT-Focused CEF With High Monthly Cash Even If Yields Rise
Higher long-term yields have increased the risks in the REIT world. This has, in turn, opened some interesting pockets of opportunity. In this article I share two picks (one direct REIT and one REIT d...
Slate Grocery REIT: New Share Buyback Enhances Appeal Of 8.8% Dividend Yield
Slate Grocery REIT is undervalued, trading at a 30% discount to NAV and a price/AFFO of 10.5x, significantly below the sector median. SRRTF offers an attractive 8.94% dividend yield, with improved AFF...
Slate Grocery REIT Announces Renewal of Normal Course Issuer Bid
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has received approval from the...
Slate Grocery REIT Announces Distribution for the Month of January 2025
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declare...
Slate Grocery REIT to Release Fourth Quarter and Year End 2024 Financial Results
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it will be releasing its fourth q...
2 REITs Yielding ~8% To Cover Your Monthly Bills
My investment strategy focuses on maximizing yield per unit of risk, capturing high dividends while minimizing the risk of dividend cuts or capital impairment. The current market environment, with hig...
If I Had To Retire With Only 3 Picks, It Would Be These
Once in a while, it makes sense for investors to reassess their holdings. Going back to the roots is critical to stay on track for what we have defined as our investment goals from the start. Recently...
Slate Grocery REIT Announces Distribution for the Month of December 2024
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declare...
24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! These November U.S. exchanged mon...
Slate Grocery REIT: This 8.5% Yield Just Got Safer
Slate Grocery REIT's 8.5% distribution yield has become safer due to operational improvements and debt refinancing, making it attractive for income-focused investors. The REIT owns 116 grocery-anchore...
Slate Grocery REIT Announces Distribution for the Month of November 2024
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declare...
Slate Grocery REIT (SRRTF) Q3 2024 Earnings Call Transcript
Slate Grocery REIT (OTC:SRRTF) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Blair Welch - Chief Executive Officer Joe Pleckaitis - Chief Financial Officer Connor O...
Slate Grocery REIT Reports Third Quarter 2024 Results
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, today announced its financial results and highlights f...
Slate Grocery REIT Completes $500 Million Debt Refinancing
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into a new credit ...