True North Commercial REIT (TNT.UN) Competitors

C$9.07
+0.04 (+0.44%)
(As of 05/16/2024 ET)

TNT.UN vs. MR.UN, BTB.UN, MRT.UN, APR.UN, BRE, GDC, ERE-UN, SOT.UN, HOT.UN, and MPC

Should you be buying True North Commercial REIT stock or one of its competitors? The main competitors of True North Commercial REIT include Melcor Real Estate Investment Trust (MR.UN), BTB Real Estate Investment Trust (BTB.UN), Morguard Real Estate Inv. (MRT.UN), Automotive Properties Real Est Invt TR (APR.UN), Bridgemarq Real Estate Services (BRE), Genesis Land Development (GDC), European Residential Real Estate Investment Trust (ERE-UN), Slate Office REIT (SOT.UN), American Hotel Income Properties REIT (HOT.UN), and Madison Pacific Properties (MPC). These companies are all part of the "real estate" sector.

True North Commercial REIT vs.

True North Commercial REIT (TSE:TNT.UN) and Melcor Real Estate Investment Trust (TSE:MR.UN) are both small-cap real estate companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, valuation, analyst recommendations, media sentiment, earnings, profitability, risk and dividends.

Melcor Real Estate Investment Trust received 10 more outperform votes than True North Commercial REIT when rated by MarketBeat users. However, 48.65% of users gave True North Commercial REIT an outperform vote while only 48.08% of users gave Melcor Real Estate Investment Trust an outperform vote.

CompanyUnderperformOutperform
True North Commercial REITOutperform Votes
90
48.65%
Underperform Votes
95
51.35%
Melcor Real Estate Investment TrustOutperform Votes
100
48.08%
Underperform Votes
108
51.92%

True North Commercial REIT currently has a consensus price target of C$9.19, suggesting a potential upside of 1.30%. Melcor Real Estate Investment Trust has a consensus price target of C$3.25, suggesting a potential upside of 16.07%. Given Melcor Real Estate Investment Trust's higher probable upside, analysts clearly believe Melcor Real Estate Investment Trust is more favorable than True North Commercial REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
True North Commercial REIT
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Melcor Real Estate Investment Trust
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

True North Commercial REIT pays an annual dividend of C$1.71 per share and has a dividend yield of 18.9%. Melcor Real Estate Investment Trust pays an annual dividend of C$0.48 per share and has a dividend yield of 17.1%. True North Commercial REIT pays out -66.0% of its earnings in the form of a dividend. Melcor Real Estate Investment Trust pays out 800.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. True North Commercial REIT is clearly the better dividend stock, given its higher yield and lower payout ratio.

Melcor Real Estate Investment Trust has a net margin of 22.07% compared to True North Commercial REIT's net margin of -30.73%. Melcor Real Estate Investment Trust's return on equity of 8.40% beat True North Commercial REIT's return on equity.

Company Net Margins Return on Equity Return on Assets
True North Commercial REIT-30.73% -8.33% 3.02%
Melcor Real Estate Investment Trust 22.07%8.40%3.45%

True North Commercial REIT has a beta of 1.53, meaning that its share price is 53% more volatile than the S&P 500. Comparatively, Melcor Real Estate Investment Trust has a beta of 2.1, meaning that its share price is 110% more volatile than the S&P 500.

In the previous week, True North Commercial REIT had 2 more articles in the media than Melcor Real Estate Investment Trust. MarketBeat recorded 3 mentions for True North Commercial REIT and 1 mentions for Melcor Real Estate Investment Trust. Melcor Real Estate Investment Trust's average media sentiment score of 1.20 beat True North Commercial REIT's score of 0.69 indicating that Melcor Real Estate Investment Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
True North Commercial REIT
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Melcor Real Estate Investment Trust
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

1.7% of True North Commercial REIT shares are held by institutional investors. Comparatively, 2.4% of Melcor Real Estate Investment Trust shares are held by institutional investors. 11.3% of True North Commercial REIT shares are held by insiders. Comparatively, 2.3% of Melcor Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Melcor Real Estate Investment Trust has lower revenue, but higher earnings than True North Commercial REIT. True North Commercial REIT is trading at a lower price-to-earnings ratio than Melcor Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
True North Commercial REITC$132.20M1.03-C$40.62M-C$2.59-3.50
Melcor Real Estate Investment TrustC$73.90M0.49C$16.31MC$0.0646.67

Summary

Melcor Real Estate Investment Trust beats True North Commercial REIT on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNT.UN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNT.UN vs. The Competition

MetricTrue North Commercial REITREIT IndustryReal Estate SectorTSE Exchange
Market CapC$135.96MC$917.73MC$1.34BC$5.45B
Dividend Yield18.15%7.01%7.54%5.49%
P/E Ratio-3.50118.00239.1821.37
Price / Sales1.03665.571,229.362,122.68
Price / Cash67.86101.6657.1278.37
Price / Book0.310.731.413.25
Net Income-C$40.62M-C$111.90M-C$86.75MC$292.61M
7 Day Performance-6.59%1.83%1.08%0.29%
1 Month Performance9.01%2.34%2.81%3.16%
1 Year Performance248.85%0.51%-1.68%26.11%

True North Commercial REIT Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MR.UN
Melcor Real Estate Investment Trust
1.366 of 5 stars
C$2.99
+0.3%
C$3.25
+8.7%
-38.7%C$38.75MC$73.90M49.83N/APositive News
BTB.UN
BTB Real Estate Investment Trust
1.1732 of 5 stars
C$3.18
-0.9%
C$3.28
+3.0%
-0.6%C$275.74MC$127.83M7.5767Positive News
MRT.UN
Morguard Real Estate Inv.
0.8001 of 5 stars
C$5.27
-0.2%
C$5.25
-0.4%
+0.0%C$338.70MC$256.84M-4.5410Positive News
APR.UN
Automotive Properties Real Est Invt TR
0 of 5 stars
C$9.90
-0.5%
C$12.31
+24.4%
-9.3%C$393.33MC$92.48M7.73N/A
BRE
Bridgemarq Real Estate Services
0 of 5 stars
C$13.62
-0.1%
N/A-9.1%C$129.12MC$48.05M19.18N/ADividend Announcement
News Coverage
GDC
Genesis Land Development
0 of 5 stars
C$3.30
-2.9%
N/A+63.5%C$187.41MC$203.31M12.6993Gap Down
ERE-UN
European Residential Real Estate Investment Trust
0 of 5 stars
C$2.32
-0.9%
N/A-25.3%C$212.21MC$95.68M-3.22N/APositive News
High Trading Volume
SOT.UN
Slate Office REIT
1.5949 of 5 stars
C$0.67
+1.5%
C$0.90
+34.3%
-70.0%C$53.63MC$197.62M-0.48N/AGap Up
HOT.UN
American Hotel Income Properties REIT
0.601 of 5 stars
C$0.67
flat
C$1.23
+84.1%
-78.3%C$52.95MC$280.52M-0.52N/ANews Coverage
MPC
Madison Pacific Properties
0 of 5 stars
C$6.04
flat
N/AN/AC$44.45MC$43.12M-7.5511

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This page (TSE:TNT.UN) was last updated on 5/17/2024 by MarketBeat.com Staff

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