Comparing Acadia Realty Trust (NYSE:AKR) and First Capital Real Estate Investment Trust (OTCMKTS:FCXXF)

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

Profitability

This table compares First Capital Real Estate Investment Trust and Acadia Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
First Capital Real Estate Investment Trust	N/A	N/A	N/A
Acadia Realty Trust	12.14%	1.85%	1.04%

Earnings and Valuation

This table compares First Capital Real Estate Investment Trust and Acadia Realty Trust”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Capital Real Estate Investment Trust	N/A	N/A	N/A	N/A	N/A
Acadia Realty Trust	$410.76 million	6.94	$16.90 million	$0.34	61.03

Acadia Realty Trust has higher revenue and earnings than First Capital Real Estate Investment Trust.

Analyst Ratings

This is a breakdown of current ratings for First Capital Real Estate Investment Trust and Acadia Realty Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Capital Real Estate Investment Trust	0	5	0	0	2.00
Acadia Realty Trust	0	2	5	1	2.88

Acadia Realty Trust has a consensus price target of $24.20, suggesting a potential upside of 16.63%. Given Acadia Realty Trust’s stronger consensus rating and higher possible upside, analysts clearly believe Acadia Realty Trust is more favorable than First Capital Real Estate Investment Trust.

Institutional & Insider Ownership

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

Summary

Acadia Realty Trust beats First Capital Real Estate Investment Trust on 10 of the 10 factors compared between the two stocks.

About First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust (First Capital, RCF or the Fund) is an unincorporated open-end mutual fund governed by the laws of the Province of Ontario, Canada, and established pursuant to a declaration of trust dated October 16, 2019, which may be amended from time to time (the Declaration of Trust). First Capital owns, operates and develops open-air centers with a supermarket as the main tenant in the neighborhoods with the highest demographic data in Canada. The Fund is listed on the Toronto Stock Exchange (the TSX) under the symbol FCR.UN and its head office is located at 85 Hanna Avenue, Suite 400, Toronto, Ontario M6K 3S3.

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.