Financial Review: Irish Residential Properties REIT (OTCMKTS:RSHPF) vs. Veris Residential (NYSE:VRE)

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

Insider & 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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Veris Residential and Irish Residential Properties REIT’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%
Irish Residential Properties REIT	N/A	N/A	N/A

Earnings & Valuation

This table compares Veris Residential and Irish Residential Properties REIT”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	5.68	-$107.26 million	($1.00)	-17.66
Irish Residential Properties REIT	N/A	N/A	N/A	N/A	N/A

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

Analyst Ratings

This is a breakdown of current recommendations and price targets for Veris Residential and Irish Residential Properties REIT, as provided by MarketBeat.

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

Veris Residential currently has a consensus target price of $15.67, indicating a potential downside of 11.29%. Given Veris Residential’s higher possible upside, equities analysts clearly believe Veris Residential is more favorable than Irish Residential Properties REIT.

Summary

Veris Residential beats Irish Residential Properties REIT 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 Irish Residential Properties REIT

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.