GRT.UN vs. SMU.UN, DIR.UN, WIR.U, NXR.UN, FSV, CAR.UN, CIGI, REI.UN, CHP.UN, and TCN
Should you be buying Granite Real Estate Investment Trust stock or one of its competitors? The main competitors of Granite Real Estate Investment Trust include Summit Industrial Income REIT (SMU.UN), Dream Industrial Real Estate Invest Trst (DIR.UN), WPT Industrial Real Estate Investment (WIR.U), Nexus Industrial REIT (NXR.UN), FirstService (FSV), Canadian Apartment Properties REIT (CAR.UN), Colliers International Group (CIGI), RioCan Real Estate Investment Trust (REI.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), and Tricon Residential (TCN). These companies are all part of the "real estate" sector.
Granite Real Estate Investment Trust (TSE:GRT.UN) and Summit Industrial Income REIT (TSE:SMU.UN) are both mid-cap real estate companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, valuation, profitability, community ranking, institutional ownership, earnings and analyst recommendations.
Granite Real Estate Investment Trust presently has a consensus price target of C$87.70, indicating a potential upside of 29.83%. Given Granite Real Estate Investment Trust's higher possible upside, equities research analysts clearly believe Granite Real Estate Investment Trust is more favorable than Summit Industrial Income REIT.
74.5% of Granite Real Estate Investment Trust shares are held by institutional investors. Comparatively, 30.6% of Summit Industrial Income REIT shares are held by institutional investors. 0.3% of Granite Real Estate Investment Trust shares are held by insiders. Comparatively, 6.9% of Summit Industrial Income REIT shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Granite Real Estate Investment Trust pays an annual dividend of C$3.30 per share and has a dividend yield of 4.9%. Summit Industrial Income REIT pays an annual dividend of C$0.57 per share and has a dividend yield of 2.4%. Granite Real Estate Investment Trust pays out 96.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Summit Industrial Income REIT pays out 21.6% of its earnings in the form of a dividend.
In the previous week, Granite Real Estate Investment Trust's average media sentiment score of 1.84 beat Summit Industrial Income REIT's score of 0.00 indicating that Granite Real Estate Investment Trust is being referred to more favorably in the media.
Granite Real Estate Investment Trust has a net margin of 40.71% compared to Summit Industrial Income REIT's net margin of 0.00%. Granite Real Estate Investment Trust's return on equity of 3.97% beat Summit Industrial Income REIT's return on equity.
Granite Real Estate Investment Trust received 178 more outperform votes than Summit Industrial Income REIT when rated by MarketBeat users. Likewise, 57.06% of users gave Granite Real Estate Investment Trust an outperform vote while only 53.33% of users gave Summit Industrial Income REIT an outperform vote.
Summit Industrial Income REIT has lower revenue, but higher earnings than Granite Real Estate Investment Trust. Summit Industrial Income REIT is trading at a lower price-to-earnings ratio than Granite Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.
Summary
Granite Real Estate Investment Trust beats Summit Industrial Income REIT on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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