Slate Grocery REIT (TSE:SGR.UN) Cut to Tender at ATB Cormark Capital Markets

Posted by Amy Steele on Oct 3rd, 2026

ATB Cormark Capital Markets cut shares of Slate Grocery REIT (TSE:SGR.UN – Free Report) from an underperform rating to a tender rating in a report released on Wednesday,BayStreet reports. They currently have C$13.00 price target on the stock, up from their prior price target of C$8.00.

Slate Grocery REIT Stock Performance

TSE SGR.UN opened at C$17.86 on Wednesday. The company has a market cap of C$1.06 billion, a PE ratio of 25.16 and a beta of 1.22. The stock’s 50 day simple moving average is C$16.02 and its 200-day simple moving average is C$16.36. Slate Grocery REIT has a 1-year low of C$9.36 and a 1-year high of C$17.88. The company has a debt-to-equity ratio of 133.42, a current ratio of 0.09 and a quick ratio of 0.38.

Slate Grocery REIT (TSE:SGR.UN – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.23 earnings per share (EPS) for the quarter. Slate Grocery REIT had a return on equity of 5.14% and a net margin of 16.33%.The firm had revenue of C$82.31 million for the quarter. As a group, equities research analysts anticipate that Slate Grocery REIT will post 1.8853755 EPS for the current fiscal year.

Slate Grocery REIT Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 17th were issued a dividend of $0.0720 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.8%. Slate Grocery REIT’s dividend payout ratio is presently 121.73%.

About Slate Grocery REIT

(Get Free Report)

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 daily 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.