Slate Grocery REIT has seen a slight dip this week amid distribution announcements.
This week, Slate Grocery REIT (SGR-U.TO) experienced a minor decline of 0.64%, closing at US$12.44. Despite this downturn, the stock is up 10.34% year-to-date, showing some resilience in its performance. Investors may want to pay attention to the recent announcements regarding distributions, which could impact future price movements.
Investor takeaway: While the recent distribution announcements may boost investor confidence, the slight weekly decline and moderately bearish outlook from analysts suggest caution for potential investors. It will be important to monitor upcoming performance against the 50-day and 200-day moving averages to gauge future trends.
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Slate Grocery REIT
SGR-U.TO
SGR-U.TO
Slate Grocery REIT
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Market cap
$719.89M
P/E
16.7x
Div. yield
7.35%
Div. / share
$0.86
52W high
$12.61
52W low
$9.43
1W change
-3.59%
Beta
1.17
Analyst Price Targets
Based on analyst covering SGR-U
Wall Street analysts forecast SGR-U stock price to rise 0.8% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
US$11.93
+0.8% Upside
Current Price
US$11.83
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SGR-U's historical volatility
30-Day Vol
18.8%
Annualized
90-Day Vol
22.8%
Annualized
Trend (90d)
+1.8%
Annualized drift
90d Mean
US$11.91
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | US$11.86 | US$11.11 – US$12.65 |
| 60 trading days | US$11.88 | US$10.84 – US$13.02 |
| 90 trading days | US$11.91 | US$10.64 – US$13.32 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Slate Grocery REIT Declares $0.072 Distribution for July 2026
With a profit margin of 18.9% and a P/E ratio of 17.35, the REIT shows solid fundamentals, though its recent performance may raise questions among investors.
Bull case
The recent distribution declaration could strengthen investor trust in the REIT's stability and commitment to returning value to shareholders, which may attract more investment.
Bear case
A moderately bearish outlook from analysts and the recent decline in stock price may signal underlying concerns about the REIT's long-term growth potential.
Weekly Price Action
This week, Slate Grocery REIT (SGR-U.TO) closed at US$12.44, reflecting a 0.64% decline. The stock has decreased by 0.24% over the last month but remains up 10.34% year-to-date, indicating some resilience despite recent fluctuations.
Company News
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On July 15, 2026, Slate Grocery REIT declared a distribution of $0.072 per Class U unit for July. This announcement may reassure investors of the REIT's ongoing commitment to returning value to its shareholders, even as the stock sees slight declines.
Technical Picture
Looking at the technical indicators, Slate Grocery REIT's stock is currently trading above both its 50-day moving average of US$12.11 (+2.7% vs price) and its 200-day moving average of US$11.36 (+9.5% vs price). The stock has a 52-week trading range of US$9.44 to US$12.52, indicating it is currently at 97% of its range. The beta of 1.17 suggests the stock is slightly more volatile than the market.
Insider Activity
No recent insider activity has been reported for Slate Grocery REIT, which may indicate stability in management and ownership.
Price Action Summary
Slate Grocery REIT closed at US$12.44, reflecting a 0.00% change on the last trading day.
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