Veris Residential (NYSE:VRE – Get Free Report) and Ingenia Communities Group (OTC:INGEF – Get Free Report) are both real estate companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, earnings, profitability, valuation and dividends.
Profitability
This table compares Veris Residential and Ingenia Communities Group’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Veris Residential | -21.79% | -8.55% | -3.41% |
Ingenia Communities Group | N/A | N/A | N/A |
Earnings & Valuation
This table compares Veris Residential and Ingenia Communities Group”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Veris Residential | $287.87 million | 5.67 | -$107.26 million | ($1.00) | -17.63 |
Ingenia Communities Group | N/A | N/A | N/A | N/A | N/A |
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Veris Residential and Ingenia Communities Group, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Veris Residential | 1 | 1 | 1 | 0 | 2.00 |
Ingenia Communities Group | 0 | 0 | 0 | 0 | N/A |
Veris Residential presently has a consensus price target of $15.67, suggesting a potential downside of 11.14%. Given Veris Residential’s higher probable upside, equities analysts clearly believe Veris Residential is more favorable than Ingenia Communities Group.
Institutional & Insider Ownership
93.0% of Veris Residential shares are held by institutional investors. 15.0% of Veris Residential shares are held 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
Veris Residential beats Ingenia Communities Group on 5 of the 8 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 Ingenia Communities Group
Ingenia Communities Group (ASX:INA) is a leading operator, owner and developer offering quality residential communities and holiday accommodation. Listed on the Australian Securities Exchange, the Group is included in the S&P/ASX 200. Across Ingenia Lifestyle, Ingenia Gardens, Ingenia Holidays and Ingenia Rental, the Group's $2.3 billion property portfolio includes 107 communities and development sites and is continuing to grow.
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