Gramercy Property Trust (NYSE: GPT) is one of 20 public companies in the “Office REITs” industry, but how does it weigh in compared to its competitors? We will compare Gramercy Property Trust to related companies based on the strength of its valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership.
Gramercy Property Trust pays an annual dividend of $1.50 per share and has a dividend yield of 4.9%. Gramercy Property Trust pays out 1,666.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Office REITs” companies pay a dividend yield of 3.4% and pay out 249.2% of their earnings in the form of a dividend. Gramercy Property Trust has increased its dividend for 2 consecutive years.
This table compares Gramercy Property Trust and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Gramercy Property Trust||4.35%||0.81%||0.40%|
|Gramercy Property Trust Competitors||5.41%||1.37%||0.69%|
This is a summary of current recommendations and price targets for Gramercy Property Trust and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Gramercy Property Trust||1||1||3||0||2.40|
|Gramercy Property Trust Competitors||173||634||610||10||2.32|
Gramercy Property Trust presently has a consensus price target of $31.67, suggesting a potential upside of 2.41%. As a group, “Office REITs” companies have a potential upside of 9.97%. Given Gramercy Property Trust’s competitors higher possible upside, analysts plainly believe Gramercy Property Trust has less favorable growth aspects than its competitors.
Institutional & Insider Ownership
93.5% of Gramercy Property Trust shares are held by institutional investors. Comparatively, 85.9% of shares of all “Office REITs” companies are held by institutional investors. 1.0% of Gramercy Property Trust shares are held by insiders. Comparatively, 3.2% of shares of all “Office REITs” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Gramercy Property Trust and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Gramercy Property Trust||$525.64 million||$368.69 million||343.59|
|Gramercy Property Trust Competitors||$648.15 million||$343.67 million||59.45|
Gramercy Property Trust’s competitors have higher revenue, but lower earnings than Gramercy Property Trust. Gramercy Property Trust is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Gramercy Property Trust has a beta of 0.58, meaning that its share price is 42% less volatile than the S&P 500. Comparatively, Gramercy Property Trust’s competitors have a beta of 0.91, meaning that their average share price is 9% less volatile than the S&P 500.
Gramercy Property Trust competitors beat Gramercy Property Trust on 10 of the 15 factors compared.
About Gramercy Property Trust
Gramercy Property Trust is a real estate investment trust (REIT), which is an investor and asset manager of commercial real estate. The Company’s operating segments include Investments/Corporate and Asset Management. The Investments/Corporate segment includes all of its activities related to the investment and ownership of commercial properties located throughout the United States and Europe. The Asset Management segment includes substantially all of its activities related to asset and property management of commercial properties located throughout the United States and Europe. It is engaged in acquiring and managing single-tenant, net leased industrial, office and specialty properties. It focuses on income producing properties leased to tenants in markets in the United States and Europe. It earns revenues through rental revenues on properties that it owns in the United States and asset management revenues on properties owned by third parties in the United States and Europe.
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