Slate Grocery REIT (SRRTF) Stock Analysis & Winston Score
Slate Grocery REIT owns and manages grocery-anchored shopping centers across the United States. Its properties are typically strip malls or retail plazas where the main tenant is a grocery store, surrounded by smaller shops and service businesses. The company focuses specifically on essential, necessity-based retail anchored by tenants like Kroger, Publix, and other major grocery chains. The REIT earns money by collecting rent from its tenants under long-term leases. It operates entirely in U.S. markets but is listed in Canada, where it is headquartered. With roughly $0.6 billion in market cap, it is a smaller REIT, but its grocery-anchored strategy provides relatively stable occupancy since people always need to buy food. The key growth driver is acquiring additional grocery-anchored properties at attractive prices, while the main risk is rising interest rates increasing borrowing costs and putting pressure on the company's ability to fund new deals.
Winston Score: 64/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Strong (22/30)
- Growth: Mixed (8/20)
- Cash Flow: Exceptional (10/10)
- Stability: Mixed (3/10)
- Valuation: Strong (8/10)
- Ownership: Good (10/15)
Key Facts
Price: $10.78
Market Cap: $638M
Sector: Real Estate
Industry: REIT - Retail
Exchange: Other OTC


