Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) and SITE Centers (NYSE:SITC – Get Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends.
Analyst Ratings
This is a breakdown of recent recommendations and price targets for Fortune Real Estate Investment Trust and SITE Centers, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Fortune Real Estate Investment Trust | 0 | 0 | 0 | 0 | N/A |
SITE Centers | 0 | 8 | 2 | 0 | 2.20 |
SITE Centers has a consensus target price of $97.18, indicating a potential upside of 477.76%. Given SITE Centers’ higher possible upside, analysts clearly believe SITE Centers is more favorable than Fortune Real Estate Investment Trust.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Fortune Real Estate Investment Trust | N/A | N/A | N/A |
SITE Centers | 91.77% | 23.05% | 11.48% |
Earnings & Valuation
This table compares Fortune Real Estate Investment Trust and SITE Centers”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Fortune Real Estate Investment Trust | N/A | N/A | N/A | $1.36 | 0.37 |
SITE Centers | $507.19 million | 6.95 | $265.70 million | $1.02 | 16.49 |
SITE Centers has higher revenue and earnings than Fortune Real Estate Investment Trust. Fortune Real Estate Investment Trust is trading at a lower price-to-earnings ratio than SITE Centers, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership
27.7% of Fortune Real Estate Investment Trust shares are owned by institutional investors. Comparatively, 88.7% of SITE Centers shares are owned by institutional investors. 10.1% of SITE Centers shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
SITE Centers beats Fortune Real Estate Investment Trust on 9 of the 10 factors compared between the two stocks.
About Fortune Real Estate Investment Trust
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq. ft. of retail space and 2,793 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Laguna Plaza, Belvedere Square, Waldorf Avenue, Caribbean Square, Jubilee Square, Tsing Yi Square, Smartland, Stars of Kovan Property, Centre de Laguna, Hampton Loft, Lido Avenue and Rhine Avenue. They house tenants from diverse trade sectors such as supermarkets, food and beverage outlets, banks, real estate agencies, and education providers.
About SITE Centers
SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.
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