Kite Realty Group Trust (NYSE:KRG) vs. Equinix (NASDAQ:EQIX) Financial Comparison

Equinix (NASDAQ:EQIXGet Free Report) and Kite Realty Group Trust (NYSE:KRGGet Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, valuation, risk, institutional ownership, dividends, profitability and analyst recommendations.

Profitability

This table compares Equinix and Kite Realty Group Trust’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Equinix 15.07% 10.03% 3.60%
Kite Realty Group Trust 34.74% 9.21% 4.32%

Analyst Ratings

This is a summary of recent ratings and recommmendations for Equinix and Kite Realty Group Trust, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Equinix 0 6 20 3 2.90
Kite Realty Group Trust 0 6 3 0 2.33

Equinix currently has a consensus target price of $1,143.60, indicating a potential upside of 5.45%. Kite Realty Group Trust has a consensus target price of $27.00, indicating a potential downside of 0.39%. Given Equinix’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Equinix is more favorable than Kite Realty Group Trust.

Valuation & Earnings

This table compares Equinix and Kite Realty Group Trust”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Equinix $9.22 billion 11.60 $1.35 billion $14.45 75.05
Kite Realty Group Trust $844.36 million 6.52 $298.66 million $1.33 20.38

Equinix has higher revenue and earnings than Kite Realty Group Trust. Kite Realty Group Trust is trading at a lower price-to-earnings ratio than Equinix, indicating that it is currently the more affordable of the two stocks.

Dividends

Equinix pays an annual dividend of $20.64 per share and has a dividend yield of 1.9%. Kite Realty Group Trust pays an annual dividend of $1.16 per share and has a dividend yield of 4.3%. Equinix pays out 142.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Kite Realty Group Trust pays out 87.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Equinix has increased its dividend for 10 consecutive years and Kite Realty Group Trust has increased its dividend for 4 consecutive years. Kite Realty Group Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Risk and Volatility

Equinix has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, Kite Realty Group Trust has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500.

Institutional & Insider Ownership

94.9% of Equinix shares are owned by institutional investors. Comparatively, 90.8% of Kite Realty Group Trust shares are owned by institutional investors. 0.3% of Equinix shares are owned by insiders. Comparatively, 2.7% of Kite Realty Group Trust shares are owned by 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.

Summary

Equinix beats Kite Realty Group Trust on 13 of the 18 factors compared between the two stocks.

About Equinix

(Get Free Report)

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

About Kite Realty Group Trust

(Get Free Report)

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets makes the KRG portfolio an ideal mix for both retailers and consumers. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of December 31, 2023, the Company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28.1 million square feet of gross leasable space.

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