Reviewing Veris Residential (NYSE:VRE) & Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) and Veris Residential (NYSE:VRE) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.

Profitability

This table compares Boardwalk Real Estate Investment Trust and Veris Residential’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Boardwalk Real Estate Investment Trust	49.45%	6.35%	3.59%
Veris Residential	22.09%	4.72%	1.96%

Analyst Ratings

This is a breakdown of recent recommendations for Boardwalk Real Estate Investment Trust and Veris Residential, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Boardwalk Real Estate Investment Trust	0	1	0	0	2.00
Veris Residential	0	4	1	0	2.20

Veris Residential has a consensus price target of $18.25, suggesting a potential upside of 27.80%. Given Veris Residential’s stronger consensus rating and higher possible upside, analysts plainly believe Veris Residential is more favorable than Boardwalk Real Estate Investment Trust.

Earnings & Valuation

This table compares Boardwalk Real Estate Investment Trust and Veris Residential”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Boardwalk Real Estate Investment Trust	$440.33 million	5.06	$429.28 million	$3.09	14.71
Veris Residential	$271.07 million	4.92	-$23.12 million	$0.67	21.31

Boardwalk Real Estate Investment Trust has higher revenue and earnings than Veris Residential. Boardwalk Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Veris Residential, indicating that it is currently the more affordable of the two stocks.

Dividends

Boardwalk Real Estate Investment Trust pays an annual dividend of $1.15 per share and has a dividend yield of 2.5%. Veris Residential pays an annual dividend of $0.32 per share and has a dividend yield of 2.2%. Boardwalk Real Estate Investment Trust pays out 37.2% of its earnings in the form of a dividend. Veris Residential pays out 47.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Veris Residential has increased its dividend for 1 consecutive years. Boardwalk Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Risk and Volatility

Boardwalk Real Estate Investment Trust has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500. Comparatively, Veris Residential has a beta of 1.22, meaning that its share price is 22% more volatile than the S&P 500.

Insider and Institutional Ownership

93.0% of Veris Residential shares are held by institutional investors. 19.0% of Boardwalk Real Estate Investment Trust shares are held by insiders. Comparatively, 16.4% of Veris Residential shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Boardwalk Real Estate Investment Trust beats Veris Residential on 10 of the 17 factors compared between the two stocks.

About Boardwalk Real Estate Investment Trust

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members. Boardwalk’s disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders. Boardwalk REIT’s Trust Units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN.

About Veris Residential

Veris Residential, Inc. is a forward-thinking, environmentally and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today’s residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principle; a best-in-class and sustainable approach to operations; and an inclusive culture based on equality and meritocratic empowerment.