Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF) and InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Financial Contrast

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) and Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF) are both real estate companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Dividends

InterRent Real Estate Investment Trust pays an annual dividend of $0.28 per share and has a dividend yield of 3.2%. Morguard North American Residential Real Estate Investment Trust pays an annual dividend of $0.60 per share and has a dividend yield of 4.2%. InterRent Real Estate Investment Trust pays out 155.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Morguard North American Residential Real Estate Investment Trust pays out 43.2% of its earnings in the form of a dividend. Morguard North American Residential Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

This table compares InterRent Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InterRent Real Estate Investment Trust	-0.90%	-0.09%	-0.05%
Morguard North American Residential Real Estate Investment Trust	N/A	N/A	N/A

Institutional & Insider Ownership

9.6% of Morguard North American Residential Real Estate Investment Trust shares are held by institutional investors. 6.8% of InterRent Real Estate Investment Trust shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares InterRent Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
InterRent Real Estate Investment Trust	$175.65 million	7.24	$68.33 million	$0.18	48.61
Morguard North American Residential Real Estate Investment Trust	N/A	N/A	N/A	$1.39	10.19

InterRent Real Estate Investment Trust has higher revenue and earnings than Morguard North American Residential Real Estate Investment Trust. Morguard North American Residential Real Estate Investment Trust is trading at a lower price-to-earnings ratio than InterRent Real Estate Investment Trust, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current ratings and target prices for InterRent Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InterRent Real Estate Investment Trust	0	0	0	0	N/A
Morguard North American Residential Real Estate Investment Trust	0	0	0	0	N/A

Summary

Morguard North American Residential Real Estate Investment Trust beats InterRent Real Estate Investment Trust on 7 of the 10 factors compared between the two stocks.

About InterRent Real Estate Investment Trust

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions. InterRent’s primary objectives are to use the proven industry experience of the Trustees,?Management and Operational Team to: (i)?to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii)?to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii)?to maintain a conservative payout ratio and balance sheet.

About Morguard North American Residential Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT’s portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.