Contrasting First Real Estate Investment Trust of New Jersey (FREVS) & Its Competitors

by · The Markets Daily

Institutional and Insider Ownership

55.9% of shares of all “Residential REITs” companies are held by institutional investors. 12.0% of First Real Estate Investment Trust of New Jersey shares are held by company insiders. Comparatively, 8.5% of shares of all “Residential REITs” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Dividends

First Real Estate Investment Trust of New Jersey pays an annual dividend of $1.56 per share and has a dividend yield of 7.3%. First Real Estate Investment Trust of New Jersey pays out 92.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Residential REITs” companies pay a dividend yield of 4.4% and pay out 257.3% of their earnings in the form of a dividend. First Real Estate Investment Trust of New Jersey is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Earnings and Valuation

This table compares First Real Estate Investment Trust of New Jersey and its peers top-line revenue, earnings per share and valuation.

Gross RevenueNet IncomePrice/Earnings Ratio
First Real Estate Investment Trust of New JerseyN/AN/A12.63
First Real Estate Investment Trust of New Jersey Competitors$774.93 million$238.42 million51.88

First Real Estate Investment Trust of New Jersey’s peers have higher revenue and earnings than First Real Estate Investment Trust of New Jersey. First Real Estate Investment Trust of New Jersey is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares First Real Estate Investment Trust of New Jersey and its peers’ net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
First Real Estate Investment Trust of New JerseyN/AN/AN/A
First Real Estate Investment Trust of New Jersey Competitors21.08%2.87%2.13%

Summary

First Real Estate Investment Trust of New Jersey peers beat First Real Estate Investment Trust of New Jersey on 6 of the 9 factors compared.

About First Real Estate Investment Trust of New Jersey

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First Real Estate Investment Trust of New Jersey, Inc. is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.