First Real Estate Investment Trust of New Jersey Inc FREVS
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if FREVS is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $16.06
- Day Range
- $16.05–16.50
- 52-Week Range
- $13.42–19.50
- Bid/Ask
- $14.90 / $17.00
- Market Cap
- $122.77 Mil
- Volume/Avg
- 363 / 612
Key Statistics
- Price/Earnings (Normalized)
- 84.51
- Price/Sales
- 4.33
- Dividend Yield (Trailing)
- 1.21%
- Dividend Yield (Forward)
- 1.21%
- Total Yield
- 1.21%
Company Profile
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Core
- Total Number of Employees
- 23
- Website
- https://www.freitnj.com
Comparables
Valuation
|
Metric
|
FREVS
|
GOOD
|
LXP
|
|---|---|---|---|
Price/Earnings (Normalized) | 84.51 | 97.96 | 985.75 |
Price/Book Value | 5.32 | 3.47 | 1.17 |
Price/Sales | 4.33 | 3.60 | 7.28 |
Price/Cash Flow | 38.09 | 8.35 | 12.19 |
Price/Earnings
FREVS
GOOD
LXP
Financial Strength
|
Metric
|
FREVS
|
GOOD
|
LXP
|
|---|---|---|---|
Quick Ratio | 12.23 | 0.10 | 3.05 |
Current Ratio | 12.71 | 0.43 | 3.12 |
Interest Coverage | 0.82 | 1.13 | 1.76 |
Quick Ratio
FREVS
GOOD
LXP
Profitability
|
Metric
|
FREVS
|
GOOD
|
LXP
|
|---|---|---|---|
Return on Assets (Normalized) | −0.28% | 1.53% | 1.70% |
Return on Equity (Normalized) | −1.80% | 9.92% | 3.12% |
Return on Invested Capital (Normalized) | 4.40% | 5.07% | 3.03% |
Return on Assets
FREVS
GOOD
LXP
REIT - Residential Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
AVB
| AvalonBay Communities Inc | Svsyxqlzr | Vwtc | $27.2 Bil | |
EQR
| Equity Residential | Pkcfftjgd | Syz | $24.7 Bil | |
INVH
| Invitation Homes Inc | Nvbtftp | Kfm | $21.2 Bil | |
ESS
| Essex Property Trust Inc | Ybfplrpp | Cym | $15.9 Bil | |
MAA
| Mid-America Apartment Communities Inc | — | Grmc | $15.3 Bil | |
SUI
| Sun Communities Inc | Yhprznvqs | Mdx | $15.0 Bil | |
AMH
| American Homes 4 Rent Class A | — | Hcb | $13.2 Bil | |
UDR
| UDR Inc | — | Gdcw | $12.6 Bil | |
ELS
| Equity Lifestyle Properties Inc | Vbvlttyy | Vrl | $11.3 Bil | |
AIRC
| Apartment Income REIT Corp Class A | Bqncbyk | Vwjf | $5.6 Bil |