Head-To-Head Contrast: One Liberty Properties (NYSE:OLP) vs. First Industrial Realty Trust (NYSE:FR)

First Industrial Realty Trust (NYSE:FR) and One Liberty Properties (NYSE:OLP) are both real estate companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, institutional ownership, dividends, valuation and risk.

Analyst Recommendations

This is a summary of current ratings and target prices for First Industrial Realty Trust and One Liberty Properties, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Industrial Realty Trust	0	7	7	1	2.60
One Liberty Properties	1	0	1	1	2.67

First Industrial Realty Trust currently has a consensus target price of $67.07, suggesting a potential upside of 7.37%. One Liberty Properties has a consensus target price of $28.50, suggesting a potential upside of 18.30%. Given One Liberty Properties’ stronger consensus rating and higher probable upside, analysts plainly believe One Liberty Properties is more favorable than First Industrial Realty Trust.

Dividends

First Industrial Realty Trust pays an annual dividend of $2.00 per share and has a dividend yield of 3.2%. One Liberty Properties pays an annual dividend of $1.80 per share and has a dividend yield of 7.5%. First Industrial Realty Trust pays out 73.0% of its earnings in the form of a dividend. One Liberty Properties pays out 113.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Industrial Realty Trust has increased its dividend for 12 consecutive years.

Institutional & Insider Ownership

99.8% of First Industrial Realty Trust shares are owned by institutional investors. Comparatively, 36.2% of One Liberty Properties shares are owned by institutional investors. 1.1% of First Industrial Realty Trust shares are owned by company insiders. Comparatively, 26.2% of One Liberty Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares First Industrial Realty Trust and One Liberty Properties”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Industrial Realty Trust	$727.08 million	11.39	$247.44 million	$2.74	22.80
One Liberty Properties	$97.23 million	5.41	$25.47 million	$1.59	15.15

First Industrial Realty Trust has higher revenue and earnings than One Liberty Properties. One Liberty Properties is trading at a lower price-to-earnings ratio than First Industrial Realty Trust, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

First Industrial Realty Trust has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, One Liberty Properties has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500.

Profitability

This table compares First Industrial Realty Trust and One Liberty Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
First Industrial Realty Trust	47.97%	12.99%	6.41%
One Liberty Properties	33.51%	11.52%	4.06%

Summary

First Industrial Realty Trust beats One Liberty Properties on 13 of the 17 factors compared between the two stocks.

About First Industrial Realty Trust

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development approximately 68.5 million square feet of industrial space as of December 31, 2023.

About One Liberty Properties

One Liberty Properties, Inc. is a real estate investment trust, which engages in acquisition, ownership, and management of the geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness, and theater properties, many of which are subject to long-term leases. The properties in the firm’s portfolio include net leases, long-term lease, and scheduled rent increases. The company was founded in December 1982 and is headquartered in Great Neck, NY.