-
1 Comment
Slate Grocery REIT is currently in a long term uptrend where the price is trading 8.2% above its 200 day moving average.
From a valuation standpoint, the stock is 93.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 3.5.
Slate Grocery REIT's total revenue sank by 7.2% to $32M since the same quarter in the previous year.
Its net income has increased by 55.2% to $23M since the same quarter in the previous year.
Finally, its free cash flow fell by 19.6% to $7M since the same quarter in the previous year.
Based on the above factors, Slate Grocery REIT gets an overall score of 3/5.
| Industry | REIT-Retail |
|---|---|
| Sector | Real Estate |
| ISIN | CA8310221160 |
| CurrencyCode | CAD |
| Exchange | TO |
| Target Price | 15.95 |
|---|---|
| Beta | 1.5 |
| PE Ratio | 5.86 |
| Market Cap | 836M |
| Dividend Yield | 8.9% |
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 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.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for SGR-UN.TO using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
