Acadia Realty Trust (NYSE:AKR) versus Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Head to Head Analysis

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

Analyst Ratings

This is a summary of current ratings and recommmendations for Crombie Real Estate Investment Trust and Acadia Realty Trust, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Crombie Real Estate Investment Trust	0	0	0	0	0.00
Acadia Realty Trust	0	3	4	1	2.75

Acadia Realty Trust has a consensus price target of $24.00, suggesting a potential upside of 15.31%. Given Acadia Realty Trust’s stronger consensus rating and higher possible upside, analysts plainly believe Acadia Realty Trust is more favorable than Crombie Real Estate Investment Trust.

Dividends

Crombie Real Estate Investment Trust pays an annual dividend of $0.89 per share and has a dividend yield of 7.4%. Acadia Realty Trust pays an annual dividend of $0.80 per share and has a dividend yield of 3.8%. Crombie Real Estate Investment Trust pays out -199.9% of its earnings in the form of a dividend. Acadia Realty Trust pays out 235.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Acadia Realty Trust has raised its dividend for 2 consecutive years. Crombie Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Earnings and Valuation

This table compares Crombie 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
Crombie Real Estate Investment Trust	N/A	N/A	N/A	($0.44)	-27.06
Acadia Realty Trust	$410.76 million	6.96	$16.90 million	$0.34	61.22

Acadia Realty Trust has higher revenue and earnings than Crombie Real Estate Investment Trust. Crombie Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Acadia Realty Trust, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

31.8% of Crombie Real Estate Investment Trust shares are owned by institutional investors. Comparatively, 97.7% of Acadia Realty Trust shares are owned by institutional investors. 3.1% of Acadia Realty Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares Crombie 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
Crombie Real Estate Investment Trust	N/A	N/A	N/A
Acadia Realty Trust	12.14%	1.85%	1.04%

Summary

Acadia Realty Trust beats Crombie Real Estate Investment Trust on 13 of the 15 factors compared between the two stocks.

About Crombie Real Estate Investment Trust

Crombie invests in real estate that enriches local communities and enables long-term sustainable growth. As one of the country's leading owners, operators, and developers of quality assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at December 31, 2023, our portfolio contains 304 properties comprising approximately 19.2 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects.

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.