Financial Survey: New York REIT (NYRT) vs. Its Competitors

New York REIT (NYSE: NYRT) is one of 73 publicly-traded companies in the “Commercial REITs” industry, but how does it weigh in compared to its peers? We will compare New York REIT to related companies based on the strength of its profitability, analyst recommendations, dividends, risk, earnings, institutional ownership and valuation.

Analyst Ratings

This is a breakdown of current ratings and price targets for New York REIT and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New York REIT 0 0 1 0 3.00
New York REIT Competitors 434 2176 2067 23 2.36

New York REIT currently has a consensus target price of $9.75, suggesting a potential upside of 37.91%. As a group, “Commercial REITs” companies have a potential upside of 6.10%. Given New York REIT’s stronger consensus rating and higher probable upside, analysts clearly believe New York REIT is more favorable than its peers.

Profitability

This table compares New York REIT and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
New York REIT N/A -1.95% -0.86%
New York REIT Competitors 51.34% 5.83% 3.79%

Earnings & Valuation

This table compares New York REIT and its peers revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
New York REIT $160.27 million -$82.52 million -14.14
New York REIT Competitors $536.81 million $100.12 million 448.29

New York REIT’s peers have higher revenue and earnings than New York REIT. New York REIT is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

New York REIT has a beta of 0.72, suggesting that its share price is 28% less volatile than the S&P 500. Comparatively, New York REIT’s peers have a beta of 0.79, suggesting that their average share price is 21% less volatile than the S&P 500.

Insider and Institutional Ownership

68.3% of New York REIT shares are owned by institutional investors. Comparatively, 71.6% of shares of all “Commercial REITs” companies are owned by institutional investors. 0.2% of New York REIT shares are owned by insiders. Comparatively, 7.5% of shares of all “Commercial REITs” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

New York REIT peers beat New York REIT on 10 of the 13 factors compared.

New York REIT Company Profile

New York REIT, Inc. is a real estate investment trust. The Company owns a portfolio of commercial real estate. The Company’s business is primarily conducted through New York Recovery Operating Partnership, L.P. As of December 31, 2016, the Company owned 19 properties, which aggregated 3.3 million rentable square feet. The Company holds interests in properties of various types, such as office, retail, hotel, parking and storage. The Company’s properties include Design Center, 416 Washington Street, 50 Varick Street, 1440 Broadway, One Worldwide Plaza, 256 West 38th Street, 229 West 36th Street, 333 West 34th Street, 367-387 Bleecker Street, 33 West 56th Street (garage) and 350 West 42nd Street.

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