Slate Grocery REIT experiences notable declines this week amidst mixed market sentiment.
This week, Slate Grocery REIT (SGR-UN.TO) saw its stock price drop by 5.40%, closing at C$14.55. The recent decline adds to its year-to-date loss of 4.72%, as investors digest the latest financial reports and market dynamics.
Investor takeaway: Investors should consider the impact of recent performance metrics and broader market conditions when evaluating Slate Grocery REIT, particularly in light of its recent quarterly results and strategic initiatives.
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Slate Grocery REIT
SGR-UN.TO
SGR-UN.TO
Slate Grocery REIT
WealthAwesomeMarket cap
$882.43M
P/E
15.2x
Div. yield
5.80%
Div. / share
$0.86
52W high
$17.66
52W low
$13.12
1W change
-5.40%
Beta
1.13
Analyst Price Targets
Based on analyst covering SGR-UN
Wall Street analysts forecast SGR-UN stock price to fall 14.8% over the next 12 months.
Consensus
Moderately BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$12.40
-14.8% Upside
Current Price
C$14.55
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SGR-UN's historical volatility
30-Day Vol
16.1%
Annualized
90-Day Vol
18.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$12.17
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$13.71 | C$12.97 โ C$14.49 |
| 60 trading days | C$12.92 | C$11.94 โ C$13.97 |
| 90 trading days | C$12.17 | C$11.05 โ C$13.40 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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C$14.55
The stock closed at C$14.55, reflecting a 2.28% decline on Friday alone.
Bull case
Slate Grocery REIT has shown strong leasing activity, with over 725,000 square feet leased at double-digit rental spreads. This suggests potential for future revenue growth.
Bear case
Despite the positive leasing metrics, the stock's performance is under pressure. Analysts have a moderately bearish outlook, with a price target indicating further downside.
Price Action Overview
Slate Grocery REIT's stock price has been on a downward trend, closing at C$14.55 on Friday, marking a 2.28% decline for the day and a 5.40% drop over the past week. Year-to-date, the stock has decreased by 4.72%, reflecting ongoing investor concerns.
Recent Company News
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While there were no major announcements from Slate Grocery REIT this week, recent headlines highlighted the REIT's strong leasing activity, with over 725,000 square feet leased at double-digit rental spreads in Q1 2026. This performance underscores the REIT's growth potential despite current market pressures.
Technical Picture
From a technical perspective, Slate Grocery REIT is currently trading below its 50-day moving average of C$16.83 and its 200-day moving average of C$16.12, indicating a bearish trend. The stock has a beta of 1.13, suggesting it is slightly more volatile than the market. The recent trading volume of 206,951 shares was above the 20-day average volume of 151,247 shares, indicating increased trading activity.
Insider Activity
No recent insider activity has been reported for Slate Grocery REIT, which could indicate stability in management or a lack of significant changes in ownership stakes.
Final Thoughts
As of the latest close, Slate Grocery REIT's stock price stands at C$14.55, down 2.28% for the day. Investors may want to monitor upcoming distribution announcements and market conditions that could influence the REIT's performance moving forward.
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