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FREVS Stock Analysis 2026 - FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. AI Rating

FREVS OTC Real Estate Investment Trusts NJ CIK: 0000036840
Recently Updated • Analysis: Mar 25, 2026 • SEC Data: 2026-01-31
SELL
72% Conf
Pending
Analysis scheduled

📊 FREVS Key Takeaways

Revenue: $7.5M
Net Margin: 12.6%
Free Cash Flow: $1.3M
Current Ratio: N/A
Debt/Equity: 3.52x
EPS: $0.13
AI Rating: SELL with 72% confidence

Is FREVS a Good Investment? Thesis Analysis

Claude

FREVS exhibits weak fundamental returns with ROE of 2.8% and ROA of 0.6%, indicating poor capital efficiency despite positive revenue growth of 2.2% YoY. The company carries excessive leverage at 3.52x debt-to-equity with marginal interest coverage of 2.1x, creating significant financial risk that outweighs modest profitability improvements.

Why Buy FREVS? Key Strengths

Claude
  • + Strong operating margin of 50.9% demonstrates pricing power and operational efficiency
  • + Positive net income growth of 11.5% YoY shows operational improvement trend
  • + Adequate cash position of $18.5M provides near-term liquidity buffer
  • + Consistent positive free cash flow generation of $1.3M supports sustainability

FREVS Investment Risks to Consider

Claude
  • ! Excessive leverage at 3.52x debt-to-equity ratio creates material financial risk and limits flexibility
  • ! Weak interest coverage ratio of 2.1x indicates limited ability to service debt from operating earnings
  • ! Severely diluted EPS declined 77.9% YoY despite net income growth, signaling substantial equity dilution
  • ! Poor return metrics (ROE 2.8%, ROA 0.6%) indicate inadequate capital deployment returns
  • ! Long-term debt of $120.4M represents 80.6% of total assets, indicating asset-heavy financing structure

Key Metrics to Watch

Claude
  • * Debt-to-equity ratio trajectory and debt refinancing schedule
  • * Interest coverage ratio improvement relative to operating income growth
  • * ROE and ROA progression to assess capital efficiency improvements
  • * Share dilution metrics and insider transaction patterns
  • * Operating cash flow stability and debt service coverage

FREVS Financial Metrics

Revenue
$7.5M
Net Income
$943.0K
EPS (Diluted)
$0.13
Free Cash Flow
$1.3M
Total Assets
$149.0M
Cash Position
$18.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

FREVS Profitability Ratios

Gross Margin N/A
Operating Margin 50.9%
Net Margin 12.6%
ROE 2.8%
ROA 0.6%
FCF Margin 17.9%

FREVS vs Default Sector

How FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. compares to Default sector averages

Net Margin
FREVS 12.6%
vs
Sector Avg 12.0%
FREVS Sector
ROE
FREVS 2.8%
vs
Sector Avg 15.0%
FREVS Sector
Current Ratio
FREVS 0.0x
vs
Sector Avg 1.8x
FREVS Sector
Debt/Equity
FREVS 3.5x
vs
Sector Avg 0.7x
FREVS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is FREVS Overvalued or Undervalued?

Based on fundamental analysis, FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. shows some fundamental concerns relative to the Default sector in 2026.

Return on Equity
2.8%
Sector avg: 15%
Net Profit Margin
12.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
3.52x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

FREVS Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
3.52x
Debt/Assets
83.0%
Interest Coverage
2.05x
Long-term Debt
$120.4M

FREVS 5-Year Financial Trend & Growth Analysis

FREVS 5-year financial data: Year 2021: Revenue $60.3M, Net Income $1.8M, EPS N/A. Year 2022: Revenue $52.7M, Net Income $20.6M, EPS $2.94. Year 2023: Revenue $50.3M, Net Income $927.0K, EPS $0.13. Year 2024: Revenue $31.3M, Net Income $46.0M, EPS $6.45. Year 2025: Revenue $29.3M, Net Income $760.0K, EPS $0.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.'s revenue has declined by 51% over the 5-year period, indicating business contraction. The most recent EPS of $0.10 reflects profitable operations.

FREVS Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
17.9%
Free cash flow / Revenue

FREVS Quarterly Performance

Quarterly financial performance data for FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $7.3M $614.0K $0.08
Q3 2025 $7.1M $879.0K $0.12
Q2 2025 $7.3M $21.0K $0.00
Q1 2025 $7.0M -$512.0K $-0.07
Q3 2024 $7.1M $104.0K $0.01
Q2 2024 $6.9M $21.0K $0.00
Q1 2024 $7.0M $419.0K $0.06
Q3 2023 $7.0M $104.0K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

FREVS Capital Allocation

Operating Cash Flow
$1.3M
Cash generated from operations
Stock Buybacks
$2.2M
Shares repurchased (TTM)
Dividends Paid
$747.0K
Returned to shareholders

FREVS SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (CIK: 0000036840)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 8-K form8k-35400_frevs.htm View →
Mar 17, 2026 10-Q frevs-20260131.htm View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about FREVS

What is the AI rating for FREVS?

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are FREVS's key strengths?

Claude: Strong operating margin of 50.9% demonstrates pricing power and operational efficiency. Positive net income growth of 11.5% YoY shows operational improvement trend.

What are the risks of investing in FREVS?

Claude: Excessive leverage at 3.52x debt-to-equity ratio creates material financial risk and limits flexibility. Weak interest coverage ratio of 2.1x indicates limited ability to service debt from operating earnings.

What is FREVS's revenue and growth?

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. reported revenue of $7.5M.

Does FREVS pay dividends?

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. pays dividends, with $0.7M distributed to shareholders in the trailing twelve months.

Where can I find FREVS SEC filings?

Official SEC filings for FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (CIK: 0000036840) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FREVS's EPS?

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. has a diluted EPS of $0.13.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FREVS a good stock to buy right now?

Based on our AI fundamental analysis in March 2026, FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FREVS stock overvalued or undervalued?

Valuation metrics for FREVS: ROE of 2.8% (sector avg: 15%), net margin of 12.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy FREVS stock in 2026?

Our dual AI analysis gives FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is FREVS's free cash flow?

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.'s operating cash flow is $1.3M, with capital expenditures of N/A. FCF margin is 17.9%.

How does FREVS compare to other Default stocks?

Vs Default sector averages: Net margin 12.6% (avg: 12%), ROE 2.8% (avg: 15%), current ratio N/A (avg: 1.8).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 25, 2026 | Data as of: 2026-01-31 | Powered by Claude AI