Irish Residential Properties REIT (OTCMKTS:RSHPF) vs. Veris Residential (NYSE:VRE) Head-To-Head Review

Irish Residential Properties REIT (OTCMKTS:RSHPFGet Free Report) and Veris Residential (NYSE:VREGet Free Report) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, dividends, earnings, risk and valuation.

Insider and Institutional Ownership

93.0% of Veris Residential shares are held by institutional investors. 15.0% of Veris Residential shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Irish Residential Properties REIT and Veris Residential”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Irish Residential Properties REIT N/A N/A N/A N/A N/A
Veris Residential $287.87 million 5.54 -$107.26 million ($1.00) -17.22

Irish Residential Properties REIT has higher earnings, but lower revenue than Veris Residential.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Irish Residential Properties REIT and Veris Residential, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Irish Residential Properties REIT 0 0 0 0 N/A
Veris Residential 1 1 1 0 2.00

Veris Residential has a consensus price target of $15.67, indicating a potential downside of 9.02%. Given Veris Residential’s higher probable upside, analysts clearly believe Veris Residential is more favorable than Irish Residential Properties REIT.

Profitability

This table compares Irish Residential Properties REIT and Veris Residential’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Irish Residential Properties REIT N/A N/A N/A
Veris Residential -21.79% -8.55% -3.41%

Summary

Veris Residential beats Irish Residential Properties REIT on 5 of the 8 factors compared between the two stocks.

About Irish Residential Properties REIT

(Get Free Report)

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited & IRES Fund Management Limited, the “Group”) is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland. The Group currently owns 3,915 apartments and houses for private rental in Dublin and Cork with an additional 91 units due for delivery before the end of H1 2022 under pre-purchase contracts and a further 44 units in 2023. The Company has a further 61 units currently under construction directly on owned sites due in H1 2022 and has planning approval to develop an additional 543 residential units on its existing sites. The Company’s shares are listed on Euronext Dublin.

About Veris Residential

(Get Free Report)

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.

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