Smart REIT

SRU.UN-T

Analysis and Opinions about SRU.UN-T

Signal
Opinion
Expert
BUY
BUY
March 28, 2018

He thinks management has done a great job. Walmart represents about 22% of their revenues. They have a great new development just north of Toronto. Very good managers with a 6% yield. They have room to develop existing properties in areas where real estate values have increased.

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Smart REIT (SRU.UN-T)
March 28, 2018

He thinks management has done a great job. Walmart represents about 22% of their revenues. They have a great new development just north of Toronto. Very good managers with a 6% yield. They have room to develop existing properties in areas where real estate values have increased.

BUY
BUY
February 24, 2017

A very well-managed REIT. Has a portfolio of basically Walmart anchored tenants for its plazas. Has a good development team in place, so he expects they will continue to see growth. Very reasonable dividend at just over 5%. A name that you could buy over the next several years.

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Smart REIT (SRU.UN-T)
February 24, 2017

A very well-managed REIT. Has a portfolio of basically Walmart anchored tenants for its plazas. Has a good development team in place, so he expects they will continue to see growth. Very reasonable dividend at just over 5%. A name that you could buy over the next several years.

TOP PICK
TOP PICK
November 17, 2016

Walmart anchored properties. The stock came off sharply as their earnings weren’t as exciting and didn’t show as much growth. It is true that retail will see a little bit of pressure as consumers are deleveraging, but his view is that in the $30 range, this is a very attractive price. Where are people going to go to shop? They are going to go to Walmart and the areas around there. Yield of 5.66%. (Analysts’ price target is $36.13.)

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Smart REIT (SRU.UN-T)
November 17, 2016

Walmart anchored properties. The stock came off sharply as their earnings weren’t as exciting and didn’t show as much growth. It is true that retail will see a little bit of pressure as consumers are deleveraging, but his view is that in the $30 range, this is a very attractive price. Where are people going to go to shop? They are going to go to Walmart and the areas around there. Yield of 5.66%. (Analysts’ price target is $36.13.)

COMMENT
COMMENT
September 8, 2016

REITs have had a big rally this year. Part of it is lower rates, but the other part is that they are no longer going to be under Finance, but will have their own sector. Now that we are approaching that date, he feels that some investors are taking profits, and this one may have been more affected more than others. A very well-managed company. Very expensive, trading at a premium to NAV. He really likes their operations.

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Smart REIT (SRU.UN-T)
September 8, 2016

REITs have had a big rally this year. Part of it is lower rates, but the other part is that they are no longer going to be under Finance, but will have their own sector. Now that we are approaching that date, he feels that some investors are taking profits, and this one may have been more affected more than others. A very well-managed company. Very expensive, trading at a premium to NAV. He really likes their operations.

COMMENT
COMMENT
September 2, 2016

He likes this company. While there are pressures in the retail market, he doesn’t think they are affecting the Walmart centres. This also has a very capable development arm giving them growth. The combination of stability and growth is a winning combination.

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Smart REIT (SRU.UN-T)
September 2, 2016

He likes this company. While there are pressures in the retail market, he doesn’t think they are affecting the Walmart centres. This also has a very capable development arm giving them growth. The combination of stability and growth is a winning combination.

BUY
BUY
July 28, 2016

(Market Call Minute) Well diversified good management team, decent yield and good payout ratio.

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Smart REIT (SRU.UN-T)
July 28, 2016

(Market Call Minute) Well diversified good management team, decent yield and good payout ratio.

BUY
BUY
Smart REIT (SRU.UN-T)
July 14, 2016

(Market Call Minute.)

PAST TOP PICK
PAST TOP PICK
July 8, 2016

(A Top Pick June 23/15. Up 38.13 %.) A portfolio of Wal-Mart (WMT-N) anchored strip centres. Very value focused and very stable. At the same time, you have a world class development team. Having both stability and growth in one vehicle, makes it very attractive. A lot is priced in now, but he still likes it. Trading at about 20% above consensus NAV, which is normally his area, but he is taking a bit of an extra positive look, and it is still offering an attractive level, so is hanging on for now.

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(A Top Pick June 23/15. Up 38.13 %.) A portfolio of Wal-Mart (WMT-N) anchored strip centres. Very value focused and very stable. At the same time, you have a world class development team. Having both stability and growth in one vehicle, makes it very attractive. A lot is priced in now, but he still likes it. Trading at about 20% above consensus NAV, which is normally his area, but he is taking a bit of an extra positive look, and it is still offering an attractive level, so is hanging on for now.

BUY
BUY
June 17, 2016

(Market Call Minute.) A great REIT. Trades at a reasonable valuation relative to the others. 98% occupancy. Very good dividend.

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Smart REIT (SRU.UN-T)
June 17, 2016

(Market Call Minute.) A great REIT. Trades at a reasonable valuation relative to the others. 98% occupancy. Very good dividend.

PAST TOP PICK
PAST TOP PICK
May 30, 2016

(Top Pick Apr 18/16, Up 3.99%) He holds it for a low beta. He will collect dividends.

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(Top Pick Apr 18/16, Up 3.99%) He holds it for a low beta. He will collect dividends.

PAST TOP PICK
PAST TOP PICK
May 6, 2016

(A Top Pick April 22/15. Up 18.81%.) Has a core portfolio that is Walmart anchored. If you believe in more difficult times, more people will be going to Walmart along with their neighbouring stores.

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(A Top Pick April 22/15. Up 18.81%.) Has a core portfolio that is Walmart anchored. If you believe in more difficult times, more people will be going to Walmart along with their neighbouring stores.

TOP PICK
TOP PICK
April 18, 2016

They have very stable cash flow, are a defensive position, and it is breaking out, looking good technically. It will be about a 6 months hold.

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Smart REIT (SRU.UN-T)
April 18, 2016

They have very stable cash flow, are a defensive position, and it is breaking out, looking good technically. It will be about a 6 months hold.

SELL
SELL
March 31, 2016

(Market Call Minute.) This has done very well. However, retail stocks have gotten pretty expensive. He would be selling this and buying RioCan (REI.UN-T).

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Smart REIT (SRU.UN-T)
March 31, 2016

(Market Call Minute.) This has done very well. However, retail stocks have gotten pretty expensive. He would be selling this and buying RioCan (REI.UN-T).

PAST TOP PICK
PAST TOP PICK
February 3, 2016

(A Top Pick Dec 29/14. Up 18.74%.) (Used to be Calloway.) They internalized their development team, so now have a development arm which adds growth. Their existing portfolios are anchored by Walmart (WMT-N).

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Smart REIT (SRU.UN-T)
February 3, 2016

(A Top Pick Dec 29/14. Up 18.74%.) (Used to be Calloway.) They internalized their development team, so now have a development arm which adds growth. Their existing portfolios are anchored by Walmart (WMT-N).

PAST TOP PICK
PAST TOP PICK
December 18, 2015

(A Top Pick Dec 29/14. Up 18.11%.) A great company. Existing portfolio is anchored by Wal-Mart.

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Smart REIT (SRU.UN-T)
December 18, 2015

(A Top Pick Dec 29/14. Up 18.11%.) A great company. Existing portfolio is anchored by Wal-Mart.

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