TSE:SRU.UN

Smart REIT (SRU.UN.TO)

30.49
+0.15 (0.49%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
395 watching
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Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

Smart REIT (SRU.UN) has garnered a mix of perspectives from various experts. The primary strength of SRU.UN is its high-quality tenant base, particularly its anchor tenant, Walmart (WMT), which contributes significantly to its revenue. However, the stock is characterized as defensive with limited growth potential, as much of its rental income is tied to long-term leases with WMT, which may restrict rent increases. Experts indicate that while the dividend yield is attractive, hovering around 7%, the high payout ratio raises concerns, particularly during economic downturns. Despite facing challenges such as tenant bankruptcies and rising interest rates, some analysts have faith in its management and the potential for long-term stability, though they caution against expecting substantial growth moving forward.

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Consensus
Neutral
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Valuation
Fair Value
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BUY ON WEAKNESS
A lot of their properties have Wal-Mart as tenants and US investors love this. Continuing to grow.
TOP PICK
One of the most dynamic REIT's in terms of their ability to grow. Has a lot of their properties anchored by Wal-Mart (WMT-N).
PAST TOP PICK
(A Top Pick Jan 21/05. Up 10%.) Still likes. With its focus on Wal Mart it has a very prominent position in the Canadian Market Place.
WATCH
Now have a big merger going on. At some point it's going to be one of the biggest and very high quality REIT's. Wait for an opportunity to buy at a lower price.
BUY
Good long term hold. Focused on power centre shopping centres.
BUY
Has been one of the best performers this year with a 20/30% rate of return. Have struck a deal with First Pro bringing in a number of Walmart stores.
BUY
Has had a very strong return. Might be a little bit pricey right now. Most analysts speak very highly of this one. Retail is one of the safest areas to be in.
TOP PICK
(A top pick Jan 21/04. Up 2.6%.) Still likes. Three acquisitions have increased the size of it and its liquidity. Have increased their distributions.
BUY
At a very attractive price now. Aligned with First Professional Shopping Centers which is Wal-Marts landlord of choice.
HOLD
This is a favorite. Think the distributions will be increased. The US REIT's were off last week which probably had some effect on the stock. Could have more weakness.
STRONG BUY
Looks to be First Pro realties way to break into the public market. Will continue to grow. Relationship will be very benefitial.
TOP PICK
A 2nd.tier REIT, which has the potential to become a 1st tier REIT. Getting some good contracts in February. This company is first choice of Wal-Mart's.
BUY
Have some good affiliations. They will have Wal-Mart as a big part of their portfolio. Forming a base and should be good long-term hold.
BUY
11.5% yield. Undervalued.
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