New York REIT (NYSE:NYRT) and Apple Hospitality REIT (NYSE:APLE) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.
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This is a breakdown of current ratings and target prices for New York REIT and Apple Hospitality REIT, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|New York REIT||0||1||0||0||2.00|
|Apple Hospitality REIT||0||1||1||0||2.50|
New York REIT currently has a consensus target price of $26.00, indicating a potential upside of 83.36%. Apple Hospitality REIT has a consensus target price of $19.00, indicating a potential upside of 15.71%. Given New York REIT’s higher possible upside, equities analysts clearly believe New York REIT is more favorable than Apple Hospitality REIT.
Apple Hospitality REIT pays an annual dividend of $1.20 per share and has a dividend yield of 7.3%. New York REIT does not pay a dividend. New York REIT has raised its dividend for 4 consecutive years.
Earnings and Valuation
This table compares New York REIT and Apple Hospitality REIT’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|New York REIT||$160.27 million||1.49||N/A||N/A||N/A|
|Apple Hospitality REIT||$1.24 billion||2.97||$182.49 million||N/A||N/A|
Apple Hospitality REIT has higher revenue and earnings than New York REIT.
This table compares New York REIT and Apple Hospitality REIT’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|New York REIT||N/A||N/A||N/A|
|Apple Hospitality REIT||13.42%||4.77%||3.42%|
Volatility & Risk
New York REIT has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Apple Hospitality REIT has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500.
Institutional and Insider Ownership
73.8% of New York REIT shares are owned by institutional investors. Comparatively, 55.1% of Apple Hospitality REIT shares are owned by institutional investors. 0.1% of New York REIT shares are owned by insiders. Comparatively, 6.3% of Apple Hospitality REIT shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Apple Hospitality REIT beats New York REIT on 10 of the 13 factors compared between the two stocks.
About New York REIT
NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.
About Apple Hospitality REIT
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, select-service hotels in the United States. Apple Hospitality's portfolio consists of 241 hotels with more than 30,700 guest rooms located in 88 markets throughout 34 states. Franchised with industry-leading brands, the Company's portfolio comprises 115 Marriott-branded hotels and 126 Hilton-branded hotels.