Reviewing Cromwell Property Group (OTCMKTS:CMWCF) & Empire State Realty Trust (NYSE:ESRT)

Empire State Realty Trust (NYSE:ESRT) and Cromwell Property Group (OTCMKTS:CMWCF) are both real estate companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, profitability, valuation, analyst recommendations, institutional ownership, earnings and risk.

Valuation & Earnings

This table compares Empire State Realty Trust and Cromwell Property Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Empire State Realty Trust	$768.27 million	1.05	$47.60 million	$0.07	66.71
Cromwell Property Group	N/A	N/A	N/A	$0.11	2.38

Empire State Realty Trust has higher revenue and earnings than Cromwell Property Group. Cromwell Property Group is trading at a lower price-to-earnings ratio than Empire State Realty Trust, indicating that it is currently the more affordable of the two stocks.

Dividends

Empire State Realty Trust pays an annual dividend of $0.14 per share and has a dividend yield of 3.0%. Cromwell Property Group pays an annual dividend of $0.02 per share and has a dividend yield of 7.7%. Empire State Realty Trust pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cromwell Property Group pays out 18.2% of its earnings in the form of a dividend. Cromwell Property Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Recommendations

This is a breakdown of current recommendations for Empire State Realty Trust and Cromwell Property Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Empire State Realty Trust	2	1	0	0	1.33
Cromwell Property Group	0	0	0	0	0.00

Empire State Realty Trust currently has a consensus price target of $5.50, suggesting a potential upside of 17.77%. Given Empire State Realty Trust’s stronger consensus rating and higher probable upside, research analysts plainly believe Empire State Realty Trust is more favorable than Cromwell Property Group.

Institutional & Insider Ownership

67.1% of Empire State Realty Trust shares are held by institutional investors. 15.2% of Empire State Realty Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Empire State Realty Trust and Cromwell Property Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Empire State Realty Trust	0.93%	0.40%	0.17%
Cromwell Property Group	N/A	N/A	N/A

Summary

Empire State Realty Trust beats Cromwell Property Group on 9 of the 12 factors compared between the two stocks.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT’s flagship Empire State Building – the “World’s Most Famous Building” – includes its Observatory, Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. As of September 30, 2023, ESRT’s portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units across three multifamily properties.

About Cromwell Property Group

Cromwell Property Group (ASX:CMW) is a real estate investor and fund manager with operations on three continents and a global investor base. Cromwell is included in the S&P/ASX200. As at 30 June 2022, Cromwell had a market capitalisation of $2.0 billion, an Australian investment portfolio valued at $3.0 billion and total assets under management of $12.0 billion across Australia, New Zealand and Europe.