Slate Office REIT (SOT.UN) Stock Price, News & Analysis

Company Overview

Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.

Key Stats

• Today's Range: C$0.40 to C$0.43
• 50-Day Range: C$0.37 to C$0.76
• 52-Week Range: C$0.21 to C$0.95
• Volume: 83,301 shs
• Average Volume: 86,296 shs
• Market Capitalization: C$32.96 million
• P/E Ratio: N/A
• Dividend Yield: 29.27%
• Price Target: C$0.45
• Consensus Rating: Strong Sell

Slate Office REIT Stock Analysis - MarketRank™

Slate Office REIT scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.6 / 5
• Analyst Rating: Strong Sell

Consensus Rating

Slate Office REIT has received a consensus rating of Strong Sell. The company's average rating score is 1.20, and is based on no buy ratings, 1 hold rating, and 4 sell ratings.

Amount of Analyst Coverage

Slate Office REIT has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Slate Office REIT is -0.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Slate Office REIT is -0.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Slate Office REIT has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SOT.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Slate Office REIT is a leading dividend payer. It pays a dividend yield of 15.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Slate Office REIT does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SOT.UN.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

Slate Office REIT has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Slate Office REIT this week, compared to 0 articles on an average week.

MarketBeat Follows

Only 1 people have added Slate Office REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Slate Office REIT insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.02% of the stock of Slate Office REIT is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.16% of the stock of Slate Office REIT is held by institutions.

SOT.UN Stock Analysis - Frequently Asked Questions

How have SOT.UN shares performed this year?

Slate Office REIT's stock was trading at C$0.81 at the beginning of 2024. Since then, SOT.UN stock has decreased by 49.4% and is now trading at C$0.41.
View the best growth stocks for 2024 here.

How do I buy shares of Slate Office REIT?

Shares of SOT.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: REIT - Office
• Sub-Industry: N/A
• Current Symbol: TSE:SOT.UN
• Previous Symbol: TSE:F.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.slateofficereit.com
• Phone: +1-416-6444264
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$0.45
• High Stock Price Target: C$0.75
• Low Stock Price Target: C$0.25
• Potential Upside/Downside: +9.8%
• Consensus Rating: Strong Sell
• Rating Score (0-4): 1.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($3.27)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-262,040,000.00
• Net Margins: -131.25%
• Pretax Margin: N/A
• Return on Equity: -54.96%
• Return on Assets: 2.84%

Debt

• Debt-to-Equity Ratio: 329.26
• Current Ratio: 0.47
• Quick Ratio: 0.14

Sales & Book Value

• Annual Sales: C$199.65 million
• Price / Sales: 0.17
• Cash Flow: C$0.04 per share
• Price / Cash Flow: 9.61
• Book Value: C$4.33 per share
• Price / Book: 0.09

Miscellaneous

• Outstanding Shares: 80,380,000
• Free Float: N/A
• Market Cap: C$32.96 million
• Optionable: Not Optionable
• Beta: 1.35