Veris Residential (NYSE:VRE – Get Free Report) and Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Free Report) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, profitability, valuation, analyst recommendations, earnings, risk and institutional ownership.
Insider & Institutional Ownership
93.0% of Veris Residential shares are held by institutional investors. 16.4% of Veris Residential shares are held by insiders. Comparatively, 19.0% of Boardwalk Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Analyst Ratings
This is a summary of recent ratings for Veris Residential and Boardwalk Real Estate Investment Trust, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Veris Residential | 0 | 4 | 1 | 0 | 2.20 |
| Boardwalk Real Estate Investment Trust | 0 | 1 | 0 | 0 | 2.00 |
Dividends
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 an annual dividend of $1.15 per share and has a dividend yield of 2.5%. Veris Residential pays out 47.8% of its earnings in the form of a dividend. Boardwalk Real Estate Investment Trust pays out 37.2% 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.
Profitability
This table compares Veris Residential and Boardwalk Real Estate Investment Trust’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Veris Residential | 22.09% | 4.72% | 1.96% |
| Boardwalk Real Estate Investment Trust | 49.45% | 6.35% | 3.59% |
Risk and Volatility
Veris Residential has a beta of 1.22, indicating that its share price is 22% more volatile than the S&P 500. Comparatively, Boardwalk Real Estate Investment Trust has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500.
Valuation & Earnings
This table compares Veris Residential and Boardwalk Real Estate Investment Trust”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Veris Residential | $271.07 million | 5.08 | -$23.12 million | $0.67 | 22.01 |
| Boardwalk Real Estate Investment Trust | $440.33 million | 5.03 | $429.28 million | $3.09 | 14.61 |
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.
Summary
Boardwalk Real Estate Investment Trust beats Veris Residential on 9 of the 17 factors compared between the two stocks.
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.
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.
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