New York REIT (NYSE: NYRT) and Liberty Property Trust (NYSE:LPT) are both financials companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, risk, profitability and valuation.
Risk and Volatility
New York REIT has a beta of 0.68, suggesting that its share price is 32% less volatile than the S&P 500. Comparatively, Liberty Property Trust has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500.
This table compares New York REIT and Liberty Property Trust’s gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|New York REIT||$160.27 million||4.33||-$82.52 million||N/A||N/A|
|Liberty Property Trust||$746.71 million||8.24||$356.81 million||$2.37||17.62|
Liberty Property Trust has higher revenue and earnings than New York REIT.
Institutional and Insider Ownership
70.0% of New York REIT shares are owned by institutional investors. Comparatively, 90.9% of Liberty Property Trust shares are owned by institutional investors. 0.1% of New York REIT shares are owned by company insiders. Comparatively, 1.5% of Liberty Property Trust shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This is a breakdown of current recommendations and price targets for New York REIT and Liberty Property Trust, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|New York REIT||0||1||1||0||2.50|
|Liberty Property Trust||1||5||3||0||2.22|
New York REIT currently has a consensus target price of $8.38, indicating a potential upside of 102.78%. Liberty Property Trust has a consensus target price of $42.67, indicating a potential upside of 2.17%. Given New York REIT’s stronger consensus rating and higher possible upside, equities research analysts clearly believe New York REIT is more favorable than Liberty Property Trust.
This table compares New York REIT and Liberty Property Trust’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|New York REIT||N/A||-1.95%||-0.86%|
|Liberty Property Trust||47.78%||11.41%||5.69%|
Liberty Property Trust pays an annual dividend of $1.60 per share and has a dividend yield of 3.8%. New York REIT does not pay a dividend. Liberty Property Trust pays out 67.5% of its earnings in the form of a dividend. New York REIT has increased its dividend for 3 consecutive years and Liberty Property Trust has increased its dividend for 3 consecutive years.
Liberty Property Trust beats New York REIT on 12 of the 15 factors compared between the two stocks.
New York REIT Company Profile
New York REIT, Inc. is a real estate investment trust. The Company owns a portfolio of commercial real estate. The Company’s business is primarily conducted through New York Recovery Operating Partnership, L.P. As of December 31, 2016, the Company owned 19 properties, which aggregated 3.3 million rentable square feet. The Company holds interests in properties of various types, such as office, retail, hotel, parking and storage. The Company’s properties include Design Center, 416 Washington Street, 50 Varick Street, 1440 Broadway, One Worldwide Plaza, 256 West 38th Street, 229 West 36th Street, 333 West 34th Street, 367-387 Bleecker Street, 33 West 56th Street (garage) and 350 West 42nd Street.
Liberty Property Trust Company Profile
Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust (REIT). The Trust’s assets are owned directly or indirectly, and substantially all of the Trust’s operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership). The Company’s segments include Carolinas/Richmond; Chicago/Milwaukee; Florida; Houston; Lehigh/Central PA; Minnesota; Philadelphia; Southeastern PA; United Kingdom, and Other, which includes Arizona; Atlanta; Cincinnati/Columbus/Indianapolis; Dallas; DC Metro; New Jersey; Southern California, and other. The Company owns and operates industrial properties nationally and owns and operates office properties in a focused group of office markets. Additionally, the Company owns certain assets in the United Kingdom. As of December 31, 2016, the Company owned and operated 450 industrial and 55 office properties totaling 86.0 million square feet.
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