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Slate Grocery REIT

Slate Grocery REIT

SGR-UN · TO · Real Estate / REIT - Retail

17.70CAD+0.01 (+0.06%)

Price History

Full chart

Market Stats

Previous Close17.69
Open17.64
Day Range17.64 – 17.78
52-Week Range9.36 – 18.00
Volume123.44K
Market Cap1.06B
P/E (TTM)17.68
Forward P/E8.39
EPS1.01
Dividend Yield6.72%
Beta1.13
50-Day Avg16.06
200-Day Avg16.15

About

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.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Blair Welch
  • Employees0
  • Headquarters121 King Street West, Toronto, ON, Canada, M5H 3T9, Canada
  • Websitehttps://www.slategroceryreit.com

Leadership

  • Mr. Blair WelchCEO & Trustee · b. 1973
  • Mr. Joseph PleckaitisChief Financial Officer
  • Mr. Ramsey AliCorporate Secretary & General Counsel
  • Ms. Lisa RowePartner
  • Mr. John MurraySenior Vice President of Legal
  • Ms. Jennifer PyperSenior Vice President
  • Ms. Bozena JankowskaMD & Global Head of Responsible Investment
  • Mr. Bon LeeSenior Vice President of Taxation
  • Mr. Connor O'BrienManaging Director
  • Mr. Allen GordonSenior Vice President

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.02M14.66M41.44M79.78M97.04M118.74M144.21M141.31M126.13M138.28M177.49M203.28M209.13M213.37M
Growth (%)-+386.10%+182.73%+92.51%+21.63%+22.36%+21.46%-2.01%-10.75%+9.63%+28.36%+14.53%+2.88%+2.02%
Cost of Revenue729.79K3.90M9.71M19.02M25.57M29.78M40.51M41.03M34.63M37.42M50.07M72.81M73.74M75.03M
Gross Profit2.29M10.76M31.73M60.76M71.46M88.95M103.70M100.28M91.50M100.86M127.41M130.47M135.40M138.34M
Gross Margin75.80%73.39%76.56%76.15%73.64%74.92%71.91%70.96%72.54%72.94%71.79%64.18%64.74%64.84%
Operating Expense914.25K1.86M5.43M6.27M7.52M7.99M9.20M48.49M32.51M40.34M77.59M5.59M5.75M5.99M
Operating Income1.37M8.90M26.29M54.48M63.94M80.96M94.50M51.79M58.99M60.52M49.83M124.88M129.65M132.35M
Operating Margin45.48%60.71%63.44%68.29%65.89%68.19%65.53%36.65%46.77%43.77%28.07%61.43%61.99%62.03%
EBITDA2.21M8.77M44.91M58.01M56.17M60.82M26.01M77.55M77.40M150.55M215.05M86.77M128.47M129.86M
EBITDA Margin73.45%59.82%108.38%72.72%57.89%51.23%18.04%54.88%61.36%108.87%121.17%42.68%61.43%60.86%
Net Income1.52M2.35M22.76M25.22M26.10M53.58M-6.89M30.79M41.26M90.87M128.80M13.60M39.67M43.39M
Net Income Margin50.27%16.00%54.91%31.62%26.90%45.12%-4.78%21.79%32.71%65.72%72.57%6.69%18.97%20.33%
Interest Expense698.84K3.79M8.00M14.86M18.52M23.06M36.93M37.19M22.13M23.34M41.34M65.24M68.21M67.25M
Interest Expense % of Total Revenue23.18%25.84%19.30%18.63%19.08%19.42%25.61%26.32%17.55%16.88%23.29%32.09%32.62%31.52%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets147.03M154.58M648.17M1.01B1.11B1.50B1.42B1.32B1.32B1.74B2.27B2.24B2.23B2.36B
Total Liabilities88.20M95.70M626.83M991.68M1.12B1.45B978.53M911.65M870.84M1.11B1.34B1.37B1.38B1.52B
Total Equity58.83M58.03M21.33M21.80M-2.93M47.86M437.80M403.43M452.72M619.02M740.51M687.44M673.47M659.12M
Cash6.64M6.27M13.17M11.86M13.43M7.38M1.11M2.41M2.36M14.04M20.39M23.59M22.67M21.82M
Total Debt84.86M85.73M369.56M581.02M624.89M883.05M871.56M789.39M726.37M937.74M1.13B1.16B1.17B1.30B
Net Debt78.22M79.46M356.39M569.17M611.46M875.66M870.45M786.98M724.01M923.71M1.11B1.14B1.14B1.28B

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-448.74K4.75M9.81M33.13M38.73M49.52M57.82M44.48M39.35M50.80M58.99M76.30M70.97M66.96M
Investing Cash Flow-131.59M-519.89K-160.64M-138.10M-93.14M-391.35M15.78M100.54M5.79M-190.85M-381.74M-20.55M-10.43M-51.94M
Financing Cash Flow138.68M-4.61M153.05M103.65M55.98M335.79M-79.88M-143.72M-45.19M151.72M329.11M-52.55M-61.46M-15.87M
Capital Expenditure0486.49K1.31M3.69M11.21M4.38M5.55M2.51M2.74M4.69M7.04M4.52M3.93M6.26M
Free Cash Flow-448.74K4.26M8.50M29.44M27.52M45.14M52.27M41.96M36.61M46.12M51.95M71.78M67.04M60.71M
Dividends Paid-4.61M9.16M19.69M25.97M33.68M37.42M37.56M36.35M44.31M51.72M51.59M51.09M51.12M
FCF to OCF100.00%89.76%86.69%88.86%71.05%91.15%90.39%94.35%93.03%90.77%88.06%94.07%94.46%90.66%
Dividend Paid to FCF-108.01%107.70%66.88%94.37%74.62%71.60%89.50%99.28%96.08%99.57%71.88%76.20%84.20%

Earnings

Report DateJun 30, 2014Nov 12, 2014Mar 19, 2015May 13, 2015Aug 12, 2015Nov 12, 2015Mar 2, 2016May 12, 2016Aug 10, 2016Nov 2, 2016Feb 23, 2017May 3, 2017Aug 1, 2017Nov 2, 2017Feb 19, 2018May 1, 2018Jul 30, 2018Oct 30, 2018Feb 26, 2019Apr 30, 2019Jul 30, 2019Oct 29, 2019Feb 25, 2020May 12, 2020Jul 28, 2020Oct 27, 2020Feb 23, 2021May 9, 2021Jul 27, 2021Nov 2, 2021Feb 22, 2022May 9, 2022Aug 2, 2022Nov 1, 2022Feb 14, 2023May 3, 2023Aug 2, 2023Nov 5, 2023Feb 12, 2024Apr 30, 2024Aug 7, 2024Nov 4, 2024Feb 10, 2025May 5, 2025Aug 6, 2025Nov 5, 2025Feb 10, 2026May 12, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate----0.190.19--0.340.34----------------------------------------
EPS Actual-0.091.83-0.270.84-0.290.09-0.04-0.030.350.32-0.470.290.50-0.250.860.73-0.42-0.03-0.270.050.180.140.430.190.230.240.571.58-0.080.230.420.571.230.600.31-0.270.320.200.080.250.250.100.280.290.220.190.240.330.22-
Surprise-----252.63%-52.63%--2.94%-5.88%----------------------------------------
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.06B
Enterprise Value2.70B
Trailing P/E17.68
Forward P/E8.39
Price / Sales4.53
Price / Book0.97
EPS1.01
Book Value15.39
Revenue (TTM)233.51M
Gross Profit (TTM)162.70M
Profit Margin18.37%
Operating Margin65.41%
Return on Equity6.82%
Return on Assets3.75%
Shares Outstanding59.22M
Shares Float59.18M
Beta1.13
Dividend Yield6.72%
Dividend Rate1.20
Payout Ratio41.00%

Dividends

20268×
0.10Aug 31, 20260.10Jul 31, 20260.10Jun 30, 20260.10May 29, 20260.10Apr 30, 20260.10Mar 31, 20260.10Feb 27, 20260.10Jan 30, 2026
202512×
0.10Dec 31, 20250.10Nov 28, 20250.10Oct 31, 20250.10Sep 29, 20250.10Aug 29, 20250.10Jul 31, 20250.10Jun 30, 20250.10May 30, 20250.10Apr 30, 20250.10Mar 31, 20250.10Feb 28, 20250.10Jan 31, 2025
20244×
0.10Dec 31, 20240.10Nov 29, 20240.10Oct 31, 20240.10Sep 27, 2024

Stock Splits

  • Mar 8, 20161652:1643