Primaris Real Estate Investment Trust (OTCMKTS:PMREF) vs. SITE Centers (NYSE:SITC) Financial Analysis

SITE Centers (NYSE:SITC) and Primaris Real Estate Investment Trust (OTCMKTS:PMREF) are both real estate companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, risk, institutional ownership, profitability and earnings.

Profitability

This table compares SITE Centers and Primaris Real Estate Investment Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SITE Centers	91.77%	23.05%	11.48%
Primaris Real Estate Investment Trust	N/A	N/A	N/A

Earnings & Valuation

This table compares SITE Centers and Primaris Real Estate Investment Trust”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SITE Centers	$507.19 million	7.09	$265.70 million	$1.02	16.83
Primaris Real Estate Investment Trust	N/A	N/A	N/A	N/A	N/A

SITE Centers has higher revenue and earnings than Primaris Real Estate Investment Trust.

Insider and Institutional Ownership

88.7% of SITE Centers shares are owned by institutional investors. 10.1% of SITE Centers shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for SITE Centers and Primaris Real Estate Investment Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SITE Centers	0	8	2	0	2.20
Primaris Real Estate Investment Trust	0	0	0	0	N/A

SITE Centers presently has a consensus target price of $97.18, suggesting a potential upside of 465.98%. Given SITE Centers’ higher possible upside, analysts plainly believe SITE Centers is more favorable than Primaris Real Estate Investment Trust.

Summary

SITE Centers beats Primaris Real Estate Investment Trust on 8 of the 8 factors compared between the two stocks.

About SITE Centers

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.

About Primaris Real Estate Investment Trust

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.