Smart REIT (SRU.UN.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Smart REIT (SRU.UN.TO)

30.32

+0.03 (0.10%)

as of Jul 22, 2026, 8:00:00 pm Market Open.

397 watching

Investor Insights

Jul 22, 2026, 12:00 am

This summary was created by AI, based on 6 opinions in the last 12 months.

Smart REIT (SRU.UN) has garnered mixed reviews from experts, highlighting its defensive nature and attractive dividend yield, which is currently close to 7%. Despite its appeal, concerns regarding growth and economic pressures are prevalent, with some analysts pointing to the high payout ratio and the challenges faced in the retail sector, especially in light of tenant bankruptcies. Experts recognize Walmart as a solid anchor tenant, but express caution about the potential for dividends to be cut or shares to be issued in turbulent times. Additionally, while the company is considered well-managed and has strong assets, analysts suggest that growth may lag behind inflation, indicating a preference for stocks with lower payout ratios like Sienna Senior Living. The overall sentiment leans toward it being a good long-term hold, albeit with limited growth prospects in the near term.

Consensus

Cautious

Valuation

Fair Value

Similar

CT,CT.TO

COMMENT

Walmart is their anchor tenant, so Smart is rock-solid stable. They collected a high percentage of rents during the pandemic. But prospects are limited. SRU may see only 1-2% rent growth when new space comes to market, far below to peers of 5-10% like Riocan. He prefers grocery-anchored shopping centres, like First Capital REIT.

BUY

Many minefields in REITs now, but SRU is a safe bet. It hold more retail. He'd avoid office space more than retail, though retail will come back after Covid. SRU has good liquidity. Walmart is 26% of their net operating income. SRU's occupancy remains in the mid/high-90s in good locations which could be redeveloped if retail wanes later. SRU is solid and in a good spot for the recovery.

SELL

Focus on Walmart and adjacent retail. Likes Walmart, but the adjacent retail faces headwinds. Management team says better growth in residential than in retail. She'd take this cue and invest in companies that already have residential exposure. Talk of distribution cut.

TOP PICK

He likes this retail REIT. It is trading at a 25-30% discount to NAV but Wal-Mart is the anchor tenant to 70% of their properties. 9% yield. The anchor tenant drives some of the traffic to the other stores. Post-vaccine, these will come back. (Analysts’ price target is $25.13)

DON'T BUY

Lots of GTA multi-use with commercial too. With REIT that have commercial exposure, it's hard to see what they are doing. He would prefer warehouse REITs or grocery anchored REITs.

HOLD

It is safe in terms of distribution. They have exposure to Walmart, so in terms of cash flow it is safe, however they have zero growth. They have quite a bit of leasing to do. They have a good management team and some exciting developments. (Analysts’ price target is $20.75)

WEAK BUY

A lot of investors were agnostic about what area of real estate to get into before the pandemic but now they are getting more selective. Even within retail they are picky. He would prefer this one to other retail REITs. They can capture some of the upside. It is necessary that we can maintain these re-openings for this to work.

HOLD

Shopping-center REIT focused on Wal-Marts, who will continue to be a winner coming out of this. The only concern would be in-line tenants like fashion. They have some interesting developments. There is some talent there. But you are better off owning those sectors that will do well coming out of this.

COMMENT

REITs have been reporting that 60-80% of renters with small businesses did not require rent assistance last month. That worries him as we are really only one month into the lock downs. Absent any further government relief the real estate asset classes he prefers holding are apartment buildings and US industrial warehousing.

BUY

This is a high quality, well managed company looking at re-development opportunities. He would not hesitate owning this one. They will make the best use of their properties down the road.

WEAK BUY

Walmart is the anchor. Issue is most of future growth is going to come from transactional type deals such as condos, storage, seniors housing. Walmart portfolio of stores isn't generating any growth, and the street won't give them credit for the transactional gains. Lots in the pipeline. Valuation is fair. Dividend is safe and it grows by 1-2% every year.

COMMENT

Smart builds malls and has survived e-commerce's dominance. Has upside potential of 50%. It has resistance at $35. If things get ugly this will fall to $28. Overall, it's an okay stock.

HOLD

Real Estate is a long term asset and you should look to hold it for the compounding benefit. They have great properties that generate good cash flow with some growth. Walmart is their largest tenant and some will come up for renewal soon -- a little worrying to him.

BUY

Loves it. They've done a great job, gaining 9% on the year and pays a good dividend. The REIT sector as a whole has had a great year.

TOP PICK

A defensive name, that is a Walmart anchored assembly. It’s recession resistant, with an improving balanced sheets. Trades below its peers but has similar growth to its retail peers. It’s also probably more protected from Amazon.

Showing 31 to 45 of 254 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

John Stephenson

Stephenson & Company Capital Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Julien Nono-Womdim

Goodreid Investment Council

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Smart REIT (SRU.UN.TO)