Critical Analysis: True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) & Kilroy Realty (NYSE:KRC)

Kilroy Realty (NYSE:KRC) and True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, analyst recommendations, valuation and profitability.

Analyst Ratings

This is a summary of current ratings and price targets for Kilroy Realty and True North Commercial Real Estate Investment Trust, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kilroy Realty	0	4	5	0	2.56
True North Commercial Real Estate Investment Trust	0	0	0	0	N/A

Kilroy Realty presently has a consensus price target of $39.82, indicating a potential upside of 28.57%. True North Commercial Real Estate Investment Trust has a consensus price target of $7.00, indicating a potential upside of 606.07%. Given True North Commercial Real Estate Investment Trust’s higher probable upside, analysts plainly believe True North Commercial Real Estate Investment Trust is more favorable than Kilroy Realty.

Profitability

This table compares Kilroy Realty and True North Commercial Real Estate Investment Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kilroy Realty	19.00%	3.84%	1.97%
True North Commercial Real Estate Investment Trust	N/A	N/A	N/A

Insider and Institutional Ownership

94.2% of Kilroy Realty shares are held by institutional investors. 1.7% of Kilroy Realty shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Kilroy Realty and True North Commercial Real Estate Investment Trust’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kilroy Realty	$1.10 billion	3.31	$232.62 million	$1.85	16.74
True North Commercial Real Estate Investment Trust	N/A	N/A	N/A	N/A	N/A

Kilroy Realty has higher revenue and earnings than True North Commercial Real Estate Investment Trust.

Summary

Kilroy Realty beats True North Commercial Real Estate Investment Trust on 7 of the 8 factors compared between the two stocks.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC, the "company", "Kilroy") is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, entertainment, life science and business services companies. The company is a publicly traded real estate investment trust ("REIT") and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office, life science and mixed-use projects. As of September 30, 2023, Kilroy's stabilized portfolio totaled approximately 16.3 million square feet of primarily office and life science space that was 86.2% occupied and 87.5% leased. The company also had more than 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 92.7%. In addition, the company had two in-process life science redevelopment projects with total estimated redevelopment costs of $80.0 million, totaling approximately 100,000 square feet, and two in-process development projects with an estimated total investment of $1.6 billion, totaling approximately 1.6 million square feet of office and life science space. The in-process development and redevelopment office and life science space is 32% leased.

About True North Commercial Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 44 commercial properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.