Financial Comparison: Brookfield Property Partners (BPY) and Redfin (RDFN)
Brookfield Property Partners (NASDAQ: BPY) and Redfin (NASDAQ:RDFN) are both mid-cap financials companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, earnings, valuation, profitability and institutional ownership.
Institutional and Insider Ownership
61.7% of Brookfield Property Partners shares are held by institutional investors. Comparatively, 37.9% of Redfin shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Brookfield Property Partners pays an annual dividend of $1.18 per share and has a dividend yield of 5.5%. Redfin does not pay a dividend. Brookfield Property Partners pays out 513.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
This table compares Brookfield Property Partners and Redfin’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Brookfield Property Partners||11.89%||1.66%||0.70%|
This is a breakdown of current ratings and price targets for Brookfield Property Partners and Redfin, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Brookfield Property Partners||0||2||2||0||2.50|
Brookfield Property Partners currently has a consensus target price of $25.17, indicating a potential upside of 16.51%. Redfin has a consensus target price of $25.33, indicating a potential downside of 3.20%. Given Brookfield Property Partners’ stronger consensus rating and higher probable upside, research analysts plainly believe Brookfield Property Partners is more favorable than Redfin.
Earnings & Valuation
This table compares Brookfield Property Partners and Redfin’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Brookfield Property Partners||$5.19 billion||1.07||$660.00 million||$0.23||93.91|
|Redfin||$267.19 million||7.98||-$22.52 million||($3.59)||-7.29|
Brookfield Property Partners has higher revenue and earnings than Redfin. Redfin is trading at a lower price-to-earnings ratio than Brookfield Property Partners, indicating that it is currently the more affordable of the two stocks.
Brookfield Property Partners beats Redfin on 11 of the 14 factors compared between the two stocks.
About Brookfield Property Partners
Brookfield Property Partners L.P. is a diversified global real estate company. The Company owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets. Its partnership is Brookfield Asset Management Inc.’s public commercial property entity and the primary vehicle through which it invests in real estate on a global basis. It operates through four segments: Core Office, Core Retail, Opportunistic and Corporate. As of December 31, 2016, its Core Office segment consisted of interests in 142 office properties totaling 99 million square feet. As of December 31, 2016, its Core Retail segment consisted of interests in 127 regional malls and urban retail properties. As of December 31, 2016, its Opportunistic segment consisted of 107 office properties comprising approximately 29 million square feet of office space in the United States, United Kingdom, Brazil and Asia.
Redfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool. The customer can search homes for sale in Austin, Atlanta, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Fort Lauderdale, Houston, Lake Tahoe, Las Vegas, Los Angeles, Miami, Philadelphia, Phoenix, Portland, OR, Raleigh, San Antonio, San Diego, San Francisco, Sacramento, San Jose, Seattle and Washington. The Company serves over 80 metro areas across the United States.
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