Acadia Realty Trust (NYSE:AKR) versus CTO Realty Growth (NYSE:CTO) Head to Head Comparison

CTO Realty Growth (NYSE:CTO) and Acadia Realty Trust (NYSE:AKR) are both real estate companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations.

Dividends

CTO Realty Growth pays an annual dividend of $1.52 per share and has a dividend yield of 6.9%. Acadia Realty Trust pays an annual dividend of $0.80 per share and has a dividend yield of 3.8%. CTO Realty Growth pays out 111.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Acadia Realty Trust pays out 235.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Acadia Realty Trust has increased its dividend for 2 consecutive years. CTO Realty Growth is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Ratings

This is a breakdown of current ratings for CTO Realty Growth and Acadia Realty Trust, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CTO Realty Growth	0	0	5	2	3.29
Acadia Realty Trust	0	2	5	1	2.88

CTO Realty Growth presently has a consensus price target of $24.50, suggesting a potential upside of 11.64%. Acadia Realty Trust has a consensus price target of $24.20, suggesting a potential upside of 14.65%. Given Acadia Realty Trust’s higher possible upside, analysts clearly believe Acadia Realty Trust is more favorable than CTO Realty Growth.

Insider & Institutional Ownership

67.2% of CTO Realty Growth shares are held by institutional investors. Comparatively, 97.7% of Acadia Realty Trust shares are held by institutional investors. 4.5% of CTO Realty Growth shares are held by insiders. Comparatively, 3.1% of Acadia Realty Trust shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares CTO Realty Growth and Acadia Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CTO Realty Growth	32.63%	8.90%	4.05%
Acadia Realty Trust	12.14%	1.85%	1.04%

Risk & Volatility

CTO Realty Growth has a beta of 0.6, indicating that its stock price is 40% less volatile than the S&P 500. Comparatively, Acadia Realty Trust has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500.

Valuation and Earnings

This table compares CTO Realty Growth and Acadia Realty Trust”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CTO Realty Growth	$149.54 million	5.50	$10.09 million	$1.36	16.14
Acadia Realty Trust	$404.19 million	7.17	$16.90 million	$0.34	62.08

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

Summary

CTO Realty Growth beats Acadia Realty Trust on 9 of the 17 factors compared between the two stocks.

About CTO Realty Growth

CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.

About Acadia Realty Trust

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Core Portfolio and Fund operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.