TSE:SOT.UN Slate Office REIT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Slate Office REIT Please log in to your account or sign up in order to add this asset to your watchlist. C$4.58 -0.08 (-1.72%) (As of 06/29/2022 12:20 PM ET) Add Compare Share Today's RangeC$4.55▼C$4.6550-Day RangeC$4.57▼C$5.1852-Week RangeC$4.55▼C$5.48Volume89,115 shsAverage Volume223,681 shsMarket CapitalizationC$367.20 millionP/E Ratio6.03Dividend Yield8.58%Price TargetC$5.34 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SOT.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Slate Office REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address SOT.UN Stock Forecast (MarketRank)Overall MarketRank™2.49 out of 5 starsAnalyst Opinion: 2.0Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 2.0 Analyst's Opinion Consensus RatingSlate Office REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$5.34, Slate Office REIT has a forecasted upside of 16.4% from its current price of C$4.59.Amount of Analyst CoverageSlate Office REIT has only been the subject of 2 research reports in the past 90 days. Previous Next 4.4 Community Rank Outperform VotesSlate Office REIT has received 343 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSlate Office REIT has received 173 “underperform” votes. (Add your “underperform” vote.)Community SentimentSlate Office REIT has received 66.47% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Slate Office REIT and other stocks. Vote “Outperform” if you believe SOT.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SOT.UN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipSlate Office REIT is a leading dividend payer. It pays a dividend yield of 8.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSlate Office REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Slate Office REIT is 52.58%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Slate Office REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,167,356.00 in company stock and sold C$0.00 in company stock. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Slate Office REIT is 6.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Slate Office REIT is 6.04, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 32.23.Price to Book Value per Share RatioSlate Office REIT has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Slate Office REIT (TSE:SOT.UN)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.Read More SOT.UN Stock News HeadlinesJune 29, 2022 | americanbankingnews.comSlate Office REIT (TSE:SOT.UN) Price Target Cut to C$5.00 by Analysts at CIBCJune 14, 2022 | americanbankingnews.comSlate Office REIT (TSE:SOT.UN) Insider Sime Armoyan Acquires 250,000 SharesJune 10, 2022 | ca.finance.yahoo.comThese REITs Pay Dividends Over 6%June 9, 2022 | americanbankingnews.comSlate Office REIT (TSE:SOT.UN) Stock Price Crosses Below 50-Day Moving Average of $5.01April 14, 2022 | nz.finance.yahoo.comSlate Office REIT to Release First Quarter 2022 ResultsApril 7, 2022 | msn.com3 More REITs That Offer Huge Income in 2022April 7, 2022 | ca.investing.com3 High-Yield REITs for Passive IncomeMarch 24, 2022 | uk.finance.yahoo.comSlate Office REIT (SLTTF)February 25, 2022 | apnews.comSlate Office REIT Posts Q4 2021 Earnings Call Transcript and Investor UpdateFebruary 20, 2022 | msn.comPassive Income in Canada: Earn $8/Day Without WorkingJanuary 17, 2022 | uk.finance.yahoo.comSlate Office REIT Announces Distribution for the Month of January 2022January 6, 2022 | msn.com2 High-Yield Dividends With Stable Payout RatiosDecember 23, 2021 | msn.comPassive-Income Investing: How to Earn Over $125/Week Tax-Free in 2022See More Headlines Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Office Sub-IndustryN/A SectorReal Estate Current SymbolTSE:SOT.UN Previous SymbolTSE:F.UN CUSIPN/A CIKN/A Webwww.slateofficereit.com Phone+1-416-6444264FaxN/AEmployeesN/AYear FoundedN/ACompany Calendar Ex-Dividend for 6/15 Dividend5/30/2022Dividend Payable6/15/2022Today6/29/2022Price Target and Rating Average Stock Price ForecastC$5.34 High Stock Price ForecastC$5.75 Low Stock Price ForecastC$5.00 Forecasted Upside/Downside+16.7%Consensus RatingHold Rating Score (0-4)2 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio6.03 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio172.33 Current Ratio0.14 Quick Ratio0.11 Sales & Book Value Annual SalesC$177.09 million Price / Sales2.07 Cash FlowC$0.29 per share Price / Cash Flow15.96 Book ValueC$8.72 per share Price / Book0.53Miscellaneous Outstanding Shares80,174,000Free FloatN/AMarket CapC$367.20 million OptionableNot Optionable BetaN/A Slate Office REIT Frequently Asked Questions Should I buy or sell Slate Office REIT stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Slate Office REIT in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Slate Office REIT stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOT.UN, but not buy additional shares or sell existing shares. View analyst ratings for Slate Office REIT or view top-rated stocks. What is Slate Office REIT's stock price forecast for 2022? 4 brokerages have issued twelve-month target prices for Slate Office REIT's shares. Their SOT.UN stock forecasts range from C$5.00 to C$5.75. On average, they predict Slate Office REIT's share price to reach C$5.34 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View analysts' price targets for Slate Office REIT or view top-rated stocks among Wall Street analysts. How has Slate Office REIT's stock price performed in 2022? Slate Office REIT's stock was trading at C$5.00 at the beginning of 2022. Since then, SOT.UN shares have decreased by 8.4% and is now trading at C$4.58. View the best growth stocks for 2022 here. How often does Slate Office REIT pay dividends? What is the dividend yield for Slate Office REIT? Slate Office REIT announced a monthly dividend on Monday, May 30th. Investors of record on Wednesday, June 15th will be given a dividend of 0.0333 per share on Wednesday, June 15th. This represents a $0.40 dividend on an annualized basis and a yield of 8.72%. The ex-dividend date is Monday, May 30th. View Slate Office REIT's dividend history. Is Slate Office REIT a good dividend stock? Slate Office REIT(TSE:SOT.UN) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 8.58%. SOT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Slate Office REIT is 52.58%. This payout ratio is at a healthy, sustainable level, below 75%. View Slate Office REIT's dividend history. Who are Slate Office REIT's key executives? Slate Office REIT's management team includes the following people: Mr. Scott Raymond Antoniak, Chief Exec. OfficerMr. Robert Armstrong, Chief Financial OfficerMr. Steve Hodgson, Chief Operating OfficerMs. Katie Fasken, Associate, Bus. Devel. & Investor RelationsMs. Erisa Vieira, Legal Counsel Who are some of Slate Office REIT's key competitors? Some companies that are related to Slate Office REIT include Workspace Group (WKP), Dream Office Real Estate Investment Trst (D.UN), Inovalis Real Estate Investment Trust (INO.UN), Owens Realty Mortgage (ORM), 360 Capital Group (TGP), Allied Properties Real Estate Investment Trust (APYRF), APN Industria REIT (ADI), Asia Pacific Data Centre Group Stapled Securities (AJD), Australian Unity Office Fund (AOF), Befimmo (VJ6), Cromwell Property Group (CMW), Dream Global REIT (DUNDF), Empire State Realty OP (ESBA), Garda Property Group (GDF) and GDI Property Group (GDI). View all of SOT.UN's competitors. What is Slate Office REIT's stock symbol? Slate Office REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SOT.UN." How do I buy shares of Slate Office REIT? Shares of SOT.UN 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. What is Slate Office REIT's stock price today? One share of SOT.UN stock can currently be purchased for approximately C$4.58. How much money does Slate Office REIT make? Slate Office REIT (TSE:SOT.UN) has a market capitalization of C$367.20 million and generates C$177.09 million in revenue each year. How can I contact Slate Office REIT? Slate Office REIT's mailing address is 121 King St W Suite 200, TORONTO, ON M5H 3T9, Canada. The official website for Slate Office REIT is www.slateofficereit.com. The company can be reached via phone at +1-416-6444264. 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