Americold Realty Trust (NYSE:COLD – Get Free Report) and Innovative Industrial Properties (NYSE:IIPR – Get Free Report) are both real estate companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability.
Risk and Volatility
Americold Realty Trust has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500. Comparatively, Innovative Industrial Properties has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500.
Dividends
Americold Realty Trust pays an annual dividend of $0.92 per share and has a dividend yield of 6.6%. Innovative Industrial Properties pays an annual dividend of $7.60 per share and has a dividend yield of 15.1%. Americold Realty Trust pays out -57.9% of its earnings in the form of a dividend. Innovative Industrial Properties pays out 172.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Americold Realty Trust has increased its dividend for 1 consecutive years and Innovative Industrial Properties has increased its dividend for 4 consecutive years. Innovative Industrial Properties is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Americold Realty Trust | 2 | 9 | 5 | 0 | 2.19 |
| Innovative Industrial Properties | 1 | 3 | 1 | 0 | 2.00 |
Americold Realty Trust currently has a consensus target price of $15.75, indicating a potential upside of 13.39%. Innovative Industrial Properties has a consensus target price of $52.00, indicating a potential upside of 3.51%. Given Americold Realty Trust’s stronger consensus rating and higher possible upside, research analysts clearly believe Americold Realty Trust is more favorable than Innovative Industrial Properties.
Institutional and Insider Ownership
98.1% of Americold Realty Trust shares are owned by institutional investors. Comparatively, 70.6% of Innovative Industrial Properties shares are owned by institutional investors. 0.4% of Americold Realty Trust shares are owned by company insiders. Comparatively, 2.3% of Innovative Industrial Properties shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares Americold Realty Trust and Innovative Industrial Properties’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Americold Realty Trust | -17.44% | -16.14% | -5.68% |
| Innovative Industrial Properties | 52.27% | 7.73% | 5.69% |
Valuation & Earnings
This table compares Americold Realty Trust and Innovative Industrial Properties”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Americold Realty Trust | $2.60 billion | 1.52 | -$114.55 million | ($1.59) | -8.74 |
| Innovative Industrial Properties | $265.95 million | 5.21 | $118.25 million | $4.41 | 11.39 |
Innovative Industrial Properties has lower revenue, but higher earnings than Americold Realty Trust. Americold Realty Trust is trading at a lower price-to-earnings ratio than Innovative Industrial Properties, indicating that it is currently the more affordable of the two stocks.
Summary
Innovative Industrial Properties beats Americold Realty Trust on 11 of the 17 factors compared between the two stocks.
About Americold Realty Trust
Americold Realty Trust, Inc. is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio. The Third-Party Managed segment manages warehouses on behalf of third parties and provides warehouse management services to food retailers and manufacturers in customer-owned facilities. The Transportation segment is involved in brokering and managing transportation of frozen and perishable food and other products. The Other segment includes ownership in a limestone quarry in Carthage, Missouri. The company was founded in 1931 and is headquartered in Atlanta, GA.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Receive News & Ratings for Americold Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americold Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
