Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates 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 are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Slate Grocery REIT was incorporated in 2012 in Ontario, Canada.
Research context
Slate Grocery REIT appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Real Estate
- Industry
- REIT - Retail
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5 years, 6 months ago
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.