Critical Comparison: Getty Realty (NYSE:GTY) versus First Industrial Realty Trust (NYSE:FR)

First Industrial Realty Trust (NYSE:FR) and Getty Realty (NYSE:GTY) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, earnings, institutional ownership, analyst recommendations, risk and profitability.

Dividends

First Industrial Realty Trust pays an annual dividend of $1.78 per share and has a dividend yield of 3.1%. Getty Realty pays an annual dividend of $1.94 per share and has a dividend yield of 7.1%. First Industrial Realty Trust pays out 99.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Getty Realty pays out 151.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Industrial Realty Trust has raised its dividend for 12 consecutive years and Getty Realty has raised its dividend for 1 consecutive years.

Institutional & Insider Ownership

99.9% of First Industrial Realty Trust shares are held by institutional investors. Comparatively, 85.1% of Getty Realty shares are held by institutional investors. 0.9% of First Industrial Realty Trust shares are held by insiders. Comparatively, 8.8% of Getty Realty shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares First Industrial Realty Trust and Getty Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
First Industrial Realty Trust	33.18%	8.65%	4.38%
Getty Realty	34.76%	7.60%	3.72%

Earnings and Valuation

This table compares First Industrial Realty Trust and Getty Realty”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Industrial Realty Trust	$669.64 million	11.48	$287.55 million	$1.79	32.44
Getty Realty	$203.39 million	7.75	$71.06 million	$1.28	21.33

First Industrial Realty Trust has higher revenue and earnings than Getty Realty. Getty Realty is trading at a lower price-to-earnings ratio than First Industrial Realty Trust, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of recent recommendations for First Industrial Realty Trust and Getty Realty, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Industrial Realty Trust	0	7	5	0	2.42
Getty Realty	0	3	3	0	2.50

First Industrial Realty Trust currently has a consensus price target of $57.85, indicating a potential downside of 0.37%. Getty Realty has a consensus price target of $31.80, indicating a potential upside of 16.46%. Given Getty Realty’s stronger consensus rating and higher possible upside, analysts plainly believe Getty Realty is more favorable than First Industrial Realty Trust.

Volatility & Risk

First Industrial Realty Trust has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500. Comparatively, Getty Realty has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500.

Summary

First Industrial Realty Trust beats Getty Realty on 12 of the 17 factors compared between the two stocks.

About First Industrial Realty Trust

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development approximately 68.5 million square feet of industrial space as of December 31, 2023.

About Getty Realty

Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2023, the Company’s portfolio included 1,093 freestanding properties located in 40 states across the United States and Washington, D.C.