Alexander’s (NYSE:ALX – Get Free Report) and Mirvac Group (OTCMKTS:MRVGF – Get Free Report) are both real estate companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, institutional ownership, profitability and earnings.
Valuation & Earnings
This table compares Alexander’s and Mirvac Group”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Alexander’s | $214.80 million | 6.44 | $28.22 million | $33.05 | 8.19 |
| Mirvac Group | N/A | N/A | N/A | $0.12 | 9.10 |
Dividends
Alexander’s pays an annual dividend of $18.00 per share and has a dividend yield of 6.6%. Mirvac Group pays an annual dividend of $0.09 per share and has a dividend yield of 8.1%. Alexander’s pays out 54.5% of its earnings in the form of a dividend. Mirvac Group pays out 74.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Alexander’s has raised its dividend for 1 consecutive years.
Profitability
This table compares Alexander’s and Mirvac Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Alexander’s | 79.06% | 123.09% | 14.43% |
| Mirvac Group | N/A | N/A | N/A |
Institutional & Insider Ownership
32.0% of Alexander’s shares are held by institutional investors. Comparatively, 48.6% of Mirvac Group shares are held by institutional investors. 26.4% of Alexander’s shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a summary of recent recommendations and price targets for Alexander’s and Mirvac Group, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Alexander’s | 1 | 0 | 1 | 1 | 2.67 |
| Mirvac Group | 0 | 0 | 0 | 0 | 0.00 |
Alexander’s presently has a consensus price target of $212.00, indicating a potential downside of 21.70%. Given Alexander’s’ stronger consensus rating and higher possible upside, equities research analysts plainly believe Alexander’s is more favorable than Mirvac Group.
Summary
Alexander’s beats Mirvac Group on 12 of the 15 factors compared between the two stocks.
About Alexander’s
Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (REIT), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to we, us, our, Company and Alexander’s refer to Alexander’s, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (Vornado) (NYSE: VNO). We have five properties in New York City.
About Mirvac Group
Founded in 1972, Mirvac is an Australian Securities Exchange (ASX) top 50 company with an integrated asset creation and curation capability. For more than 50 years, we've dedicated ourselves to creating extraordinary urban places and experiences. We have over $35 billion of assets under management, together with a $12 billion commercial and mixed use development pipeline, and a $17 billion residential development pipeline, enabling us to deliver innovative and high-quality property for our customers, while driving long-term value for our securityholders.
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