Critical Survey: Independence Realty Trust (NYSE:IRT) & Crombie Real Estate Investment Trust (OTCMKTS:CROMF)
Independence Realty Trust (NYSE:IRT – Get Rating) and Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Rating) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, earnings, institutional ownership, profitability and dividends.
This is a breakdown of recent ratings and target prices for Independence Realty Trust and Crombie Real Estate Investment Trust, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Independence Realty Trust||0||2||10||0||2.83|
|Crombie Real Estate Investment Trust||0||3||6||0||2.67|
Independence Realty Trust currently has a consensus target price of $27.58, suggesting a potential upside of 16.11%. Crombie Real Estate Investment Trust has a consensus target price of $19.47, suggesting a potential upside of 45.86%. Given Crombie Real Estate Investment Trust’s higher probable upside, analysts clearly believe Crombie Real Estate Investment Trust is more favorable than Independence Realty Trust.
Insider and Institutional Ownership
82.4% of Independence Realty Trust shares are held by institutional investors. 0.6% of Independence Realty Trust shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This table compares Independence Realty Trust and Crombie Real Estate Investment Trust’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Independence Realty Trust||34.18%||5.34%||2.84%|
|Crombie Real Estate Investment Trust||N/A||N/A||N/A|
Earnings & Valuation
This table compares Independence Realty Trust and Crombie Real Estate Investment Trust’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Independence Realty Trust||$250.25 million||20.99||$44.59 million||$0.71||33.45|
|Crombie Real Estate Investment Trust||N/A||N/A||N/A||N/A||N/A|
Independence Realty Trust has higher revenue and earnings than Crombie Real Estate Investment Trust.
Independence Realty Trust beats Crombie Real Estate Investment Trust on 8 of the 9 factors compared between the two stocks.
About Independence Realty Trust (Get Rating)
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT’s investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
About Crombie Real Estate Investment Trust (Get Rating)
Crombie Real Estate Investment Trust (“Crombie”) is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie is one of the country’s leading national retail property landlords with a strategy to own, operate and develop a portfolio of high-quality grocery- and pharmacy-anchored shopping centres, freestanding stores and mixed-use developments primarily in Canada’s top urban and suburban markets.
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