Summit Industrial Income REIT (OTCMKTS:SMMCF – Get Rating) is one of 330 publicly-traded companies in the “Real Estate Investment Trusts” industry, but how does it weigh in compared to its rivals? We will compare Summit Industrial Income REIT to related businesses based on the strength of its earnings, institutional ownership, dividends, profitability, risk, valuation and analyst recommendations.
Earnings and Valuation
This table compares Summit Industrial Income REIT and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Summit Industrial Income REIT||N/A||N/A||29.50|
|Summit Industrial Income REIT Competitors||$905.67 million||$157.27 million||13.08|
Summit Industrial Income REIT’s rivals have higher revenue and earnings than Summit Industrial Income REIT. Summit Industrial Income REIT is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
|Net Margins||Return on Equity||Return on Assets|
|Summit Industrial Income REIT||N/A||N/A||N/A|
|Summit Industrial Income REIT Competitors||10.62%||-5.00%||2.20%|
This is a summary of recent recommendations and price targets for Summit Industrial Income REIT and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Summit Industrial Income REIT||0||2||1||0||2.33|
|Summit Industrial Income REIT Competitors||2429||12243||13494||313||2.41|
Summit Industrial Income REIT currently has a consensus target price of $22.83, suggesting a potential upside of 32.25%. As a group, “Real Estate Investment Trusts” companies have a potential upside of 26.21%. Given Summit Industrial Income REIT’s higher probable upside, research analysts plainly believe Summit Industrial Income REIT is more favorable than its rivals.
Institutional & Insider Ownership
0.1% of Summit Industrial Income REIT shares are held by institutional investors. Comparatively, 66.8% of shares of all “Real Estate Investment Trusts” companies are held by institutional investors. 7.0% of shares of all “Real Estate Investment Trusts” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summit Industrial Income REIT pays an annual dividend of $0.21 per share and has a dividend yield of 1.2%. Summit Industrial Income REIT pays out 35.9% of its earnings in the form of a dividend. As a group, “Real Estate Investment Trusts” companies pay a dividend yield of 4.8% and pay out 167.4% of their earnings in the form of a dividend.
Summit Industrial Income REIT rivals beat Summit Industrial Income REIT on 9 of the 13 factors compared.
About Summit Industrial Income REIT
Summit Industrial Income REIT is an open-ended mutual fund trust, which engages in growing and managing a portfolio of light industrial properties. Its properties are located in Ontario, Quebec, Alberta, British Columbia, and New Brunswick. The company was founded on November 24, 1998 and is headquartered in Markham, Canada.
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