Contrasting Prologis (AMB) and First Industrial Realty Trust (FR)
First Industrial Realty Trust (NYSE: FR) and Prologis (NYSE:AMB) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, profitability, dividends, earnings and risk.
This is a breakdown of recent ratings and recommmendations for First Industrial Realty Trust and Prologis, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|First Industrial Realty Trust||0||4||1||0||2.20|
First Industrial Realty Trust currently has a consensus target price of $30.25, indicating a potential downside of 0.98%.
Earnings and Valuation
This table compares First Industrial Realty Trust and Prologis’ gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|First Industrial Realty Trust||$386.50 million||9.47||$253.02 million||$0.98||31.17|
First Industrial Realty Trust has higher revenue and earnings than Prologis.
This table compares First Industrial Realty Trust and Prologis’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|First Industrial Realty Trust||29.91%||8.88%||4.12%|
First Industrial Realty Trust pays an annual dividend of $0.84 per share and has a dividend yield of 2.7%. Prologis does not pay a dividend. First Industrial Realty Trust pays out 85.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Industrial Realty Trust has increased its dividend for 3 consecutive years.
Insider and Institutional Ownership
92.4% of First Industrial Realty Trust shares are held by institutional investors. 1.8% of First Industrial 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.
First Industrial Realty Trust beats Prologis on 8 of the 10 factors compared between the two stocks.
About First Industrial Realty Trust
First Industrial Realty Trust, Inc. is a real estate investment trust (REIT). The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. As of December 31, 2016, the Company’s in-service portfolio consisted of 215 light industrial properties, 53 research and development (R&D)/flex properties, 167 bulk warehouse properties and 100 regional warehouse properties containing an aggregate of approximately 62.2 million square feet of gross leasable area (GLA) located in 23 states. The Company’s in-service portfolio includes all properties that have reached stabilized occupancy, developed and redeveloped properties and acquired properties that are occupied at acquisition or one year from the acquisition date. The Company’s operations are conducted primarily through the First Industrial, L.P. (the Operating Partnership), of which the Company is the sole general partner.
Prologis, Inc. is a real estate investment trust (REIT) company. The Company is engaged in logistics real estate business. The Company’s segments include Real Estate Operations and Strategic Capital. The Real estate operations segment consists of rental operations and development. The Company’s strategic capital segment includes asset management services, as well as services performed for unconsolidated co-investment ventures. Its strategic capital segment gives the Company access to third-party capital, both private and public. As of December 31, 2016, the Company owned or had investments in, on an owned basis or through co-investment ventures, properties and development projects across 676 million square feet (63 million square meters) in 20 countries spanning four continents.
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