NEN
New England Realty Associates Limited Partnership
Real Estate - Services
Market Cap$168M
5Y Perf.+19.1%
Compare Stocks
4 / 10Try these comparisons:
Stock Comparison
NEN vs NXRT vs IRT vs AIV
Revenue, margins, valuation, and 5-year total return — side by side.
NXRT
NexPoint Residential Trust, Inc.
REIT - Residential
Market Cap$748M
5Y Perf.-7.8%
IRT
Independence Realty Trust, Inc.
REIT - Residential
Market Cap$3.89B
5Y Perf.+66.8%
AIV
Apartment Investment and Management Company
REIT - Residential
Market Cap$596M
5Y Perf.-13.4%
NEN vs NXRT vs IRT vs AIV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | NEN | NXRT | IRT | AIV |
|---|---|---|---|---|
| Industry | Real Estate - Services | REIT - Residential | REIT - Residential | REIT - Residential |
| Market Cap | $168M | $748M | $3.89B | $596M |
| Revenue (TTM) | $89M | $252M | $662M | $193M |
| Net Income (TTM) | $6M | $-32M | $48M | $554M |
| Gross Margin | 49.1% | 91.1% | 20.2% | 55.2% |
| Operating Margin | 24.4% | 11.5% | 17.5% | 66.3% |
| Forward P/E | 34.7x | — | 100.7x | 1.1x |
| Total Debt | $528M | $1.56B | $2.28B | $0.00 |
| Cash & Equiv. | $26.67B | $14M | $48M | $395M |
NEN vs NXRT vs IRT vs AIV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
NEN
NXRT
IRT
AIV
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| New England Realty … (NEN) | 100 | 119.1 | +19.1% |
| NexPoint Residentia… (NXRT) | 100 | 92.2 | -7.8% |
| Independence Realty… (IRT) | 100 | 166.8 | +66.8% |
| Apartment Investmen… (AIV) | 100 | 86.6 | -13.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NEN vs NXRT vs IRT vs AIV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: AIV leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. New England Realty Associates Limited Partnership is the stronger pick specifically for growth and revenue expansion and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
NEN
New England Realty Associates Limited Partnership
The Real Estate Income Play
NEN is the #2 pick in this set and the best alternative if income & stability and growth exposure is your priority.
- Dividend streak 7 yrs, beta 0.14, yield 8.0%
- Rev growth 10.8%, EPS growth -61.4%, 3Y rev CAGR 9.3%
- Lower volatility, beta 0.14, current ratio 4247.47x
- Beta 0.14, yield 8.0%, current ratio 4247.47x
Best for: income & stability and growth exposure
NXRT
NexPoint Residential Trust, Inc.
The Real Estate Income Play
NXRT is the clearest fit if your priority is long-term compounding.
- 216.0% 10Y total return vs AIV's 86.9%
Best for: long-term compounding
IRT
Independence Realty Trust, Inc.
The REIT Holding
IRT lags the leaders in this set but could rank higher in a more targeted comparison.
Best for: real estate exposure
AIV
Apartment Investment and Management Company
The Real Estate Income Play
AIV carries the broadest edge in this set and is the clearest fit for value and quality.
- Lower P/E (1.1x vs 100.7x)
- 287.7% margin vs NXRT's -12.7%
- 69.3% yield, 1-year raise streak, vs NXRT's 7.2%
- -1.6% vs NEN's -21.5%
Best for: value and quality
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | NEN | 10.8% FFO/revenue growth vs AIV's -100.0% |
| Value | AIV | Lower P/E (1.1x vs 100.7x) |
| Quality / Margins | AIV | 287.7% margin vs NXRT's -12.7% |
| Stability / Safety | NEN | Beta 0.14 vs AIV's 0.69 |
| Dividends | AIV | 69.3% yield, 1-year raise streak, vs NXRT's 7.2% |
| Momentum (1Y) | AIV | -1.6% vs NEN's -21.5% |
| Efficiency (ROA) | AIV | 29.6% ROA vs NXRT's -1.7%, ROIC 4.2% vs 1.1% |
NEN vs NXRT vs IRT vs AIV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
FY 2018
FY 2025
NEN vs NXRT vs IRT vs AIV — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLAIVLAGGINGIRT
Who Leads Where
AIV leads in 2 of 6 categories
NEN leads 1 • NXRT leads 0 • IRT leads 0 • 3 tied
Explore the data ↓IRTIndependence Realty T…
0leads
NXRTNexPoint Residential …
0leads
NENNew England Realty As…
1leads
AIVApartment Investment …
2leads
6 Total Categories
CATEGORYLEADERvs NENvs NXRTMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
AIV3/6
Valuation MetricsMultiples, price ratios, and targets
NEN3/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
AIV4/9
Total Returns1Y, 3Y, 5Y total returns with dividends
Tied
—
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
Tied
—
Income & Cash Flow (Last 12 Months)
AIV leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IRT is the larger business by revenue, generating $662M annually — 7.4x NEN's $89M. AIV is the more profitable business, keeping 2.9% of every revenue dollar as net income compared to NXRT's -12.7%. On growth, NEN holds the edge at +15.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | NENNew England Realt… | NXRTNexPoint Resident… | IRTIndependence Real… | AIVApartment Investm… |
|---|---|---|---|---|
| RevenueTrailing 12 months | $89M | $252M | $662M | $193M |
| EBITDAEarnings before interest/tax | $45M | $125M | $365M | $186M |
| Net IncomeAfter-tax profit | $6M | -$32M | $48M | $554M |
| Free Cash FlowCash after capex | $27M | $79M | $139M | -$230M |
| Gross MarginGross profit ÷ Revenue | +49.1% | +91.1% | +20.2% | +55.2% |
| Operating MarginEBIT ÷ Revenue | +24.4% | +11.5% | +17.5% | +66.3% |
| Net MarginNet income ÷ Revenue | +6.8% | -12.7% | +7.3% | +2.9% |
| FCF MarginFCF ÷ Revenue | +30.7% | +31.2% | +21.1% | -119.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +15.7% | +0.5% | +2.5% | -3.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -133.3% | 0.0% | -101.4% | +25.9% |
AIV leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
NEN leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 1.1x trailing earnings, AIV trades at a 98% valuation discount to IRT's 68.8x P/E. On an enterprise value basis, AIV's 2.0x EV/EBITDA is more attractive than NXRT's 18.5x.
| Metric | NENNew England Realt… | NXRTNexPoint Resident… | IRTIndependence Real… | AIVApartment Investm… |
|---|---|---|---|---|
| Market CapShares × price | $168M | $748M | $3.9B | $596M |
| Enterprise ValueMkt cap + debt − cash | -$26.0B | $2.3B | $6.1B | $201M |
| Trailing P/EPrice ÷ TTM EPS | 34.71x | -23.40x | 68.75x | 1.10x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | 100.67x | — |
| PEG RatioP/E ÷ EPS growth rate | 1.00x | — | — | — |
| EV / EBITDAEnterprise value multiple | -1.12x | 18.53x | 16.80x | 2.01x |
| Price / SalesMarket cap ÷ Revenue | 1.89x | 2.98x | 5.91x | — |
| Price / BookPrice ÷ Book value/share | — | 2.49x | 1.08x | 1.15x |
| Price / FCFMarket cap ÷ FCF | 0.01x | 8.95x | 26.54x | — |
NEN leads this category, winning 3 of 5 comparable metrics.
Profitability & Efficiency
AIV leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
AIV delivers a 162.9% return on equity — every $100 of shareholder capital generates $163 in annual profit, vs $-10 for NXRT. IRT carries lower financial leverage with a 0.64x debt-to-equity ratio, signaling a more conservative balance sheet compared to NXRT's 5.18x. On the Piotroski fundamental quality scale (0–9), IRT scores 6/9 vs AIV's 3/9, reflecting solid financial health.
| Metric | NENNew England Realt… | NXRTNexPoint Resident… | IRTIndependence Real… | AIVApartment Investm… |
|---|---|---|---|---|
| ROE (TTM)Return on equity | — | -10.1% | +1.3% | +162.9% |
| ROA (TTM)Return on assets | +1.3% | -1.7% | +0.8% | +29.6% |
| ROICReturn on invested capital | — | +1.1% | +1.6% | +4.2% |
| ROCEReturn on capital employed | +4.9% | +1.5% | +2.4% | +2.3% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 | 6 | 3 |
| Debt / EquityFinancial leverage | — | 5.18x | 0.64x | — |
| Net DebtTotal debt minus cash | -$26.1B | $1.5B | $2.2B | -$395M |
| Cash & Equiv.Liquid assets | $26.7B | $14M | $48M | $395M |
| Total DebtShort + long-term debt | $528M | $1.6B | $2.3B | $0 |
| Interest CoverageEBIT ÷ Interest expense | 1.17x | 0.47x | 1.73x | 0.70x |
AIV leads this category, winning 4 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
Evenly matched — NXRT and IRT and AIV each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AIV five years ago would be worth $12,915 today (with dividends reinvested), compared to $7,912 for NXRT. Over the past 12 months, AIV leads with a -1.6% total return vs NEN's -21.5%. The 3-year compound annual growth rate (CAGR) favors IRT at 2.9% vs NXRT's -6.1% — a key indicator of consistent wealth creation.
| Metric | NENNew England Realt… | NXRTNexPoint Resident… | IRTIndependence Real… | AIVApartment Investm… |
|---|---|---|---|---|
| YTD ReturnYear-to-date | -6.8% | +1.5% | -5.3% | -3.4% |
| 1-Year ReturnPast 12 months | -21.5% | -17.3% | -11.9% | -1.6% |
| 3-Year ReturnCumulative with dividends | -0.4% | -17.1% | +9.0% | +6.8% |
| 5-Year ReturnCumulative with dividends | +26.2% | -20.9% | +21.9% | +29.2% |
| 10-Year ReturnCumulative with dividends | +49.2% | +216.0% | +202.0% | +86.9% |
| CAGR (3Y)Annualised 3-year return | -0.1% | -6.1% | +2.9% | +2.2% |
Evenly matched — NXRT and IRT and AIV each lead in 2 of 6 comparable metrics.
Risk & Volatility
Evenly matched — NEN and IRT each lead in 1 of 2 comparable metrics.
Risk & Volatility
NEN is the less volatile stock with a 0.14 beta — it tends to amplify market swings less than AIV's 0.69 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IRT currently trades 83.7% from its 52-week high vs AIV's 47.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | NENNew England Realt… | NXRTNexPoint Resident… | IRTIndependence Real… | AIVApartment Investm… |
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.14x | 0.62x | 0.48x | 0.69x |
| 52-Week HighHighest price in past year | $79.85 | $38.64 | $19.71 | $8.87 |
| 52-Week LowLowest price in past year | $56.00 | $23.79 | $14.60 | $3.94 |
| % of 52W HighCurrent price vs 52-week peak | +74.8% | +76.3% | +83.7% | +47.9% |
| RSI (14)Momentum oscillator 0–100 | 50.2 | 67.6 | 64.3 | 51.3 |
| Avg Volume (50D)Average daily shares traded | 986 | 222K | 2.3M | 3.2M |
Evenly matched — NEN and IRT each lead in 1 of 2 comparable metrics.
Analyst Outlook
Evenly matched — NXRT and AIV each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NXRT as "Hold", IRT as "Buy", AIV as "Hold". Consensus price targets imply 135.3% upside for AIV (target: $10) vs -8.4% for NXRT (target: $27). For income investors, AIV offers the higher dividend yield at 69.32% vs IRT's 3.99%.
| Metric | NENNew England Realt… | NXRTNexPoint Resident… | IRTIndependence Real… | AIVApartment Investm… |
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold | Buy | Hold |
| Price TargetConsensus 12-month target | — | $27.00 | $20.08 | $10.00 |
| # AnalystsCovering analysts | — | 10 | 27 | 3 |
| Dividend YieldAnnual dividend ÷ price | +8.0% | +7.2% | +4.0% | +69.3% |
| Dividend StreakConsecutive years of raises | 7 | 12 | 4 | 1 |
| Dividend / ShareAnnual DPS | $4.80 | $2.11 | $0.66 | $2.95 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.5% | +1.0% | +0.8% | +0.0% |
Evenly matched — NXRT and AIV each lead in 1 of 2 comparable metrics.
Key Takeaway
AIV leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NEN leads in 1 (Valuation Metrics). 3 tied.
Best OverallApartment Investment and Ma… (AIV)Leads 2 of 6 categories
Loading custom metrics...
NEN vs NXRT vs IRT vs AIV: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NEN or NXRT or IRT or AIV a better buy right now?
For growth investors, New England Realty Associates Limited Partnership (NEN) is the stronger pick with 10.
8% revenue growth year-over-year, versus -100. 0% for Apartment Investment and Management Company (AIV). Apartment Investment and Management Company (AIV) offers the better valuation at 1. 1x trailing P/E, making it the more compelling value choice. Analysts rate Independence Realty Trust, Inc. (IRT) a "Buy" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NEN or NXRT or IRT or AIV?
On trailing P/E, Apartment Investment and Management Company (AIV) is the cheapest at 1.
1x versus Independence Realty Trust, Inc. at 68. 8x.
03Which is the better long-term investment — NEN or NXRT or IRT or AIV?
Over the past 5 years, Apartment Investment and Management Company (AIV) delivered a total return of +29.
2%, compared to -20. 9% for NexPoint Residential Trust, Inc. (NXRT). Over 10 years, the gap is even starker: NXRT returned +216. 0% versus NEN's +49. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NEN or NXRT or IRT or AIV?
By beta (market sensitivity over 5 years), New England Realty Associates Limited Partnership (NEN) is the lower-risk stock at 0.
14β versus Apartment Investment and Management Company's 0. 69β — meaning AIV is approximately 399% more volatile than NEN relative to the S&P 500. On balance sheet safety, Independence Realty Trust, Inc. (IRT) carries a lower debt/equity ratio of 64% versus 5% for NexPoint Residential Trust, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NEN or NXRT or IRT or AIV?
By revenue growth (latest reported year), New England Realty Associates Limited Partnership (NEN) is pulling ahead at 10.
8% versus -100. 0% for Apartment Investment and Management Company (AIV). On earnings-per-share growth, the picture is similar: Apartment Investment and Management Company grew EPS 623. 0% year-over-year, compared to -30. 8% for NexPoint Residential Trust, Inc.. Over a 3-year CAGR, NEN leads at 9. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NEN or NXRT or IRT or AIV?
Apartment Investment and Management Company (AIV) is the more profitable company, earning 287.
7% net margin versus -12. 7% for NexPoint Residential Trust, Inc. — meaning it keeps 287. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AIV leads at 66. 3% versus 11. 1% for NXRT. At the gross margin level — before operating expenses — NXRT leads at 84. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NEN or NXRT or IRT or AIV more undervalued right now?
Analyst consensus price targets imply the most upside for AIV: 135.
3% to $10. 00.
08Which pays a better dividend — NEN or NXRT or IRT or AIV?
All stocks in this comparison pay dividends.
Apartment Investment and Management Company (AIV) offers the highest yield at 69. 3%, versus 4. 0% for Independence Realty Trust, Inc. (IRT).
09Is NEN or NXRT or IRT or AIV better for a retirement portfolio?
For long-horizon retirement investors, New England Realty Associates Limited Partnership (NEN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
14), 8. 0% yield). Both have compounded well over 10 years (NEN: +49. 2%, AIV: +86. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NEN and NXRT and IRT and AIV?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NEN is a small-cap income-oriented stock; NXRT is a small-cap income-oriented stock; IRT is a small-cap income-oriented stock; AIV is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
Revenue Growth>
%
(NEN: 15.7% · NXRT: 0.5%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.