Contrasting Millrose Properties (NYSE:MRP) & Iron Mountain (NYSE:IRM)

Iron Mountain (NYSE:IRM) and Millrose Properties (NYSE:MRP) are both real estate companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, dividends, institutional ownership, profitability, analyst recommendations, earnings and risk.

Institutional & Insider Ownership

80.1% of Iron Mountain shares are owned by institutional investors. 1.7% of Iron Mountain shares are owned by company insiders. Comparatively, 0.2% of Millrose Properties shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Dividends

Iron Mountain pays an annual dividend of $3.97 per share and has a dividend yield of 3.5%. Millrose Properties pays an annual dividend of $3.16 per share and has a dividend yield of 12.2%. Iron Mountain pays out 259.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Millrose Properties pays out 104.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Iron Mountain has raised its dividend for 3 consecutive years. Millrose Properties is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Recommendations

This is a summary of current recommendations and price targets for Iron Mountain and Millrose Properties, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Iron Mountain	0	2	8	0	2.80
Millrose Properties	0	3	0	1	2.50

Iron Mountain currently has a consensus price target of $141.33, indicating a potential upside of 23.74%. Millrose Properties has a consensus price target of $35.00, indicating a potential upside of 35.39%. Given Millrose Properties’ higher probable upside, analysts plainly believe Millrose Properties is more favorable than Iron Mountain.

Profitability

This table compares Iron Mountain and Millrose Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Iron Mountain	5.88%	-79.98%	3.37%
Millrose Properties	63.24%	8.56%	5.13%

Risk and Volatility

Iron Mountain has a beta of 1.18, meaning that its share price is 18% more volatile than the S&P 500. Comparatively, Millrose Properties has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500.

Valuation & Earnings

This table compares Iron Mountain and Millrose Properties”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Iron Mountain	$7.80 billion	4.36	$144.59 million	$1.53	74.65
Millrose Properties	$792.29 million	5.03	$379.86 million	$3.02	8.56

Millrose Properties has lower revenue, but higher earnings than Iron Mountain. Millrose Properties is trading at a lower price-to-earnings ratio than Iron Mountain, indicating that it is currently the more affordable of the two stocks.

Summary

Millrose Properties beats Iron Mountain on 10 of the 18 factors compared between the two stocks.

About Iron Mountain

Iron Mountain Incorporated is an information management and storage company that helps organizations protect, manage and access physical and digital assets. Its services include records storage and management, secure document shredding, digitization and other information-management solutions. The company also operates data centers and provides services for businesses moving, storing and managing data. Its offerings extend to specialized storage and care for items such as artwork and other valuable collections.

About Millrose Properties

Millrose Properties, Inc. is a residential land development and homesite company. It acquires and develops land into finished lots, which it makes available to homebuilders through lot option arrangements. The company does not build or sell homes to consumers. Millrose operates in the United States and serves homebuilders across multiple residential markets. Its business model is designed to provide builders with access to ready-to-build lots while managing the land acquisition and development process.