Analyzing Monogram Residential Trust (MORE) & Its Competitors
Monogram Residential Trust (NYSE: MORE) is one of 42 public companies in the “Residential REITs” industry, but how does it compare to its peers? We will compare Monogram Residential Trust to similar companies based on the strength of its institutional ownership, risk, dividends, analyst recommendations, valuation, profitability and earnings.
Insider & Institutional Ownership
75.4% of Monogram Residential Trust shares are owned by institutional investors. Comparatively, 76.4% of shares of all “Residential REITs” companies are owned by institutional investors. 0.1% of Monogram Residential Trust shares are owned by insiders. Comparatively, 7.2% of shares of all “Residential REITs” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
This table compares Monogram Residential Trust and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Monogram Residential Trust||24.38%||2.30%||2.18%|
|Monogram Residential Trust Competitors||20.47%||4.07%||1.60%|
Valuation & Earnings
This table compares Monogram Residential Trust and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Monogram Residential Trust||N/A||N/A||18.45|
|Monogram Residential Trust Competitors||$673.41 million||$325.74 million||141.02|
Monogram Residential Trust’s peers have higher revenue and earnings than Monogram Residential Trust. Monogram Residential Trust 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.
This is a breakdown of recent ratings for Monogram Residential Trust and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Monogram Residential Trust||0||6||0||0||2.00|
|Monogram Residential Trust Competitors||186||1222||1251||32||2.42|
Monogram Residential Trust presently has a consensus target price of $11.75, suggesting a potential downside of 2.00%. As a group, “Residential REITs” companies have a potential upside of 7.20%. Given Monogram Residential Trust’s peers stronger consensus rating and higher probable upside, analysts plainly believe Monogram Residential Trust has less favorable growth aspects than its peers.
Monogram Residential Trust pays an annual dividend of $0.30 per share and has a dividend yield of 2.5%. Monogram Residential Trust pays out 46.2% of its earnings in the form of a dividend. As a group, “Residential REITs” companies pay a dividend yield of 3.5% and pay out 144.1% of their earnings in the form of a dividend.
Monogram Residential Trust peers beat Monogram Residential Trust on 9 of the 12 factors compared.
About Monogram Residential Trust
Monogram Residential Trust, Inc. is a self-managed real estate investment trust (REIT). The Company invests in, develops and operates multifamily communities offering location and lifestyle amenities. The Company also invests in stabilized operating communities and communities in various phases of development, with a focus on communities in select markets across the United States. These include luxury high-rise, mid-rise and garden style multifamily communities. As of December 31, 2016, Monogram’s portfolio includes investments in 51 multifamily communities in 10 states comprising 14,473 residential units. As of September 30, 2016, the Company held ownership interests in equity investments, including 47 operating multifamily communities (including one development in lease up) containing 13,022 residential units in 10 states, all of which are consolidated for financial reporting purposes.
Receive News & Ratings for Monogram Residential Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monogram Residential Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.