Slate Grocery REIT (SGR.UN) Competitors

C$11.12
+0.12 (+1.09%)
(As of 05/16/2024 ET)

SGR.UN vs. PLZ.UN, CRT.UN, WFC, MI.UN, MRG.UN, AX.UN, NXR.UN, DRM, REAL, and APR.UN

Should you be buying Slate Grocery REIT stock or one of its competitors? The main competitors of Slate Grocery REIT include Plaza Retail REIT (PLZ.UN), CT Real Estate Investment Trust (CRT.UN), Wall Financial (WFC), Minto Apartment Real Estate Invt Trust (MI.UN), Morguard North American Residential REIT (MRG.UN), Artis Real Estate Investment Trust Unit (AX.UN), Nexus Industrial REIT (NXR.UN), Dream Unlimited (DRM), Real Matters (REAL), and Automotive Properties Real Est Invt TR (APR.UN). These companies are all part of the "real estate" sector.

Slate Grocery REIT vs.

Slate Grocery REIT (TSE:SGR.UN) and Plaza Retail REIT (TSE:PLZ.UN) are both small-cap real estate companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, profitability, media sentiment, valuation, dividends, institutional ownership, earnings, risk and analyst recommendations.

Slate Grocery REIT has higher revenue and earnings than Plaza Retail REIT. Slate Grocery REIT is trading at a lower price-to-earnings ratio than Plaza Retail REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Slate Grocery REITC$209.35M3.13C$37.98MC$0.8612.93
Plaza Retail REITC$117.35M3.45C$20.19MC$0.1820.39

Plaza Retail REIT received 168 more outperform votes than Slate Grocery REIT when rated by MarketBeat users. Likewise, 65.89% of users gave Plaza Retail REIT an outperform vote while only 9.52% of users gave Slate Grocery REIT an outperform vote.

CompanyUnderperformOutperform
Slate Grocery REITOutperform Votes
2
9.52%
Underperform Votes
19
90.48%
Plaza Retail REITOutperform Votes
170
65.89%
Underperform Votes
88
34.11%

Slate Grocery REIT has a net margin of 18.14% compared to Plaza Retail REIT's net margin of 17.20%. Slate Grocery REIT's return on equity of 5.69% beat Plaza Retail REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
Slate Grocery REIT18.14% 5.69% 3.61%
Plaza Retail REIT 17.20%3.80%3.22%

Slate Grocery REIT pays an annual dividend of C$1.19 per share and has a dividend yield of 10.7%. Plaza Retail REIT pays an annual dividend of C$0.28 per share and has a dividend yield of 7.6%. Slate Grocery REIT pays out 138.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Plaza Retail REIT pays out 155.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Slate Grocery REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Plaza Retail REIT had 2 more articles in the media than Slate Grocery REIT. MarketBeat recorded 3 mentions for Plaza Retail REIT and 1 mentions for Slate Grocery REIT. Slate Grocery REIT's average media sentiment score of 0.99 beat Plaza Retail REIT's score of 0.25 indicating that Slate Grocery REIT is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Slate Grocery REIT
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Plaza Retail REIT
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Slate Grocery REIT presently has a consensus target price of C$9.13, suggesting a potential downside of 17.94%. Plaza Retail REIT has a consensus target price of C$4.19, suggesting a potential upside of 14.10%. Given Plaza Retail REIT's stronger consensus rating and higher probable upside, analysts plainly believe Plaza Retail REIT is more favorable than Slate Grocery REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Slate Grocery REIT
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Plaza Retail REIT
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

Slate Grocery REIT has a beta of 1.65, meaning that its stock price is 65% more volatile than the S&P 500. Comparatively, Plaza Retail REIT has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500.

13.1% of Slate Grocery REIT shares are owned by institutional investors. Comparatively, 0.9% of Plaza Retail REIT shares are owned by institutional investors. 0.2% of Slate Grocery REIT shares are owned by insiders. Comparatively, 35.2% of Plaza Retail REIT shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Slate Grocery REIT beats Plaza Retail REIT on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SGR.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SGR.UN vs. The Competition

MetricSlate Grocery REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$655.97MC$1.80BC$1.35BC$5.47B
Dividend Yield10.96%5.96%7.60%5.54%
P/E Ratio12.93123.58239.8121.34
Price / Sales3.13395.731,232.392,126.50
Price / Cash32.50101.5857.5578.40
Price / Book0.960.801.413.25
Net IncomeC$37.98MC$191.57M-C$87.71MC$293.07M
7 Day Performance2.39%0.26%1.20%0.67%
1 Month Performance2.96%2.43%3.45%3.49%
1 Year Performance-13.66%-1.93%-1.47%25.42%

Slate Grocery REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PLZ.UN
Plaza Retail REIT
2.3892 of 5 stars
C$3.48
-0.6%
C$4.13
+18.5%
-9.2%C$384.09MC$117.35M19.3398
CRT.UN
CT Real Estate Investment Trust
2.8219 of 5 stars
C$13.52
-2.7%
C$16.29
+20.5%
-12.5%C$1.46BC$552.77M15.5415Positive News
WFC
Wall Financial
0 of 5 stars
C$20.00
-3.6%
N/A-1.0%C$645.80MC$153.34M28.99488
MI.UN
Minto Apartment Real Estate Invt Trust
2.9587 of 5 stars
C$15.00
-0.5%
C$19.98
+33.2%
+0.5%C$598.50MC$157.92M-5.14N/APositive News
MRG.UN
Morguard North American Residential REIT
4.1962 of 5 stars
C$15.69
+1.4%
C$20.50
+30.7%
-7.4%C$590.10MC$341.87M3.41N/A
AX.UN
Artis Real Estate Investment Trust Unit
0.2547 of 5 stars
C$6.40
-0.3%
C$7.05
+10.2%
-6.3%C$678.59MC$258.80M-2.15N/APositive News
NXR.UN
Nexus Industrial REIT
3.6009 of 5 stars
C$7.14
-0.7%
C$8.61
+20.5%
-19.0%C$491.52MC$157.72M3.06N/AAnalyst Forecast
News Coverage
DRM
Dream Unlimited
2.6342 of 5 stars
C$19.86
-0.8%
C$30.00
+51.1%
-6.0%C$804.73MC$386.95M-7.25500
REAL
Real Matters
0.3173 of 5 stars
C$5.46
+10.3%
C$7.36
+34.7%
+7.6%C$398.91MC$161.19M-54.602,604Gap Up
High Trading Volume
APR.UN
Automotive Properties Real Est Invt TR
0 of 5 stars
C$9.90
-0.5%
C$12.31
+24.4%
-9.3%C$393.33MC$92.48M7.73N/A

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This page (TSE:SGR.UN) was last updated on 5/17/2024 by MarketBeat.com Staff

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