Analyzing Mackenzie Realty Capital (NASDAQ:MKZR) & Vornado Realty Trust (NYSE:VNO)

Vornado Realty Trust (NYSE:VNOGet Free Report) and Mackenzie Realty Capital (NASDAQ:MKZRGet Free Report) are both real estate companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, analyst recommendations and earnings.

Risk and Volatility

Vornado Realty Trust has a beta of 1.53, meaning that its stock price is 53% more volatile than the S&P 500. Comparatively, Mackenzie Realty Capital has a beta of -0.76, meaning that its stock price is 176% less volatile than the S&P 500.

Valuation & Earnings

This table compares Vornado Realty Trust and Mackenzie Realty Capital”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Vornado Realty Trust $1.81 billion 4.02 $904.96 million $3.64 10.70
Mackenzie Realty Capital $19.38 million 0.17 -$25.92 million ($6.15) -0.24

Vornado Realty Trust has higher revenue and earnings than Mackenzie Realty Capital. Mackenzie Realty Capital is trading at a lower price-to-earnings ratio than Vornado Realty Trust, indicating that it is currently the more affordable of the two stocks.

Dividends

Vornado Realty Trust pays an annual dividend of $0.74 per share and has a dividend yield of 1.9%. Mackenzie Realty Capital pays an annual dividend of $2.00 per share and has a dividend yield of 133.3%. Vornado Realty Trust pays out 20.3% of its earnings in the form of a dividend. Mackenzie Realty Capital pays out -32.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Mackenzie Realty Capital is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

This table compares Vornado Realty Trust and Mackenzie Realty Capital’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Vornado Realty Trust 3.71% 1.37% 0.43%
Mackenzie Realty Capital -90.30% -18.99% -7.07%

Analyst Recommendations

This is a breakdown of current ratings for Vornado Realty Trust and Mackenzie Realty Capital, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vornado Realty Trust 4 6 4 0 2.00
Mackenzie Realty Capital 1 0 0 0 1.00

Vornado Realty Trust presently has a consensus target price of $39.33, indicating a potential upside of 1.02%. Given Vornado Realty Trust’s stronger consensus rating and higher probable upside, equities analysts clearly believe Vornado Realty Trust is more favorable than Mackenzie Realty Capital.

Insider & Institutional Ownership

90.0% of Vornado Realty Trust shares are held by institutional investors. 9.0% of Vornado Realty Trust shares are held by insiders. Comparatively, 6.3% of Mackenzie Realty Capital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Vornado Realty Trust beats Mackenzie Realty Capital on 14 of the 16 factors compared between the two stocks.

About Vornado Realty Trust

(Get Free Report)

Vornado Realty Trust is a fully – integrated equity real estate investment trust.

About Mackenzie Realty Capital

(Get Free Report)

MacKenzie Realty Capital Inc. is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc. is based in ORINDA, Calif.

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