Stocks

What's Going On With Slate Grocery REIT Stock Thursday?

By Wealth Awesome Newsroom -
Stocks & ETFs:SGR-U.TO

Get SGR-U alerts:

Photos provided by Pexels

Slate Grocery REIT sees slight fluctuations this week amidst distribution announcements.

Slate Grocery REIT (SGR-U.TO) had a modest week, closing its stock price at US$12.46. This reflects a 0.80% decrease for the day but a 0.65% increase over the week. Investors are closely monitoring the recent distribution announcements as they evaluate the stock's performance and outlook.

Investor takeaway: The recent distribution declarations could provide stability for investors, but the stock's moderate bearish outlook may warrant caution for potential buyers.

Advertisement

Qtrade Direct Investing

Get up to $2,000 cash back

Open and fund a new Qtrade account with promo code SPRING26. Offer ends July 31, 2026.

Slate Grocery REIT

SGR-U.TO

Full stock page โ†’

SGR-U.TO

Slate Grocery REIT

Source:WealthAwesomeWealthAwesome
โ†‘ $0.94 (8.16%)
120 day period
$10.74$11.65$12.56Jan 22Apr 22Jul 22

Market cap

$764.32M

P/E

17.7x

Div. yield

6.88%

Div. / share

$0.86

52W high

$12.56

52W low

$9.44

1W change

+0.65%

Beta

1.17

Analyst Price Targets

Based on analyst covering SGR-U

๐Ÿ“‰

Wall Street analysts forecast SGR-U stock price to fall 5.7% over the next 12 months.

Consensus

Moderately Bearish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

US$11.75

-5.7% Upside

Current Price

US$12.46

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on SGR-U's historical volatility

HistoricalForecast68%95%
US$10.42US$11.50US$12.59US$13.68US$14.76US$15.85TodayMar 9May 13Jul 22Sep 3Oct 17Nov 29

30-Day Vol

12.0%

Annualized

90-Day Vol

22.4%

Annualized

Trend (90d)

+19.0%

Annualized drift

90d Mean

US$13.33

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysUS$12.74US$12.23 โ€“ US$13.28
60 trading daysUS$13.04US$12.29 โ€“ US$13.82
90 trading daysUS$13.33US$12.41 โ€“ US$14.32

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

11.05% YTD Growth

Slate Grocery REIT has achieved an impressive 11.05% increase year-to-date, showcasing strong performance in the real estate sector.

Bull case

With a solid profit margin of 18.9% and a year-to-date increase of 11.05%, Slate Grocery REIT shows resilience in the current market. Its distribution policy supports this positive outlook, indicating a commitment to returning value to shareholders.

Bear case

Despite the recent gains, the stock's beta of 1.17 suggests higher volatility. Additionally, the average analyst outlook remains moderately bearish, pointing to potential challenges ahead.

Advertisement

Sponsored links

Advertisement