FREVS (First Real Estate Investment Trust of New Jersey) Earnings per Share (Diluted): $0.48 (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FREVS First Real Estate Investment Trust of New Jersey Inc FREVS
65 GF Score
Price $21.35
GF Value $17.10
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is First Real Estate Investment Trust of New Jersey Earnings per Share (Diluted)?

First Real Estate Investment Trust of New Jersey FREVS 65 Earnings per Share (Diluted) is $0.48 as of Apr. 2026. GuruFocus rates FREVS with a GF Score™ of 65/100 and a GF Value™ of $17.10 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 660 REITs companies, First Real Estate Investment Trust of New Jersey ranks worse than 151515% on this metric.

First Real Estate Investment Trust of New Jersey's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was $0.08. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.48.

First Real Estate Investment Trust of New Jersey's EPS (Basic) for the three months ended in Apr. 2026 was $0.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.48.

First Real Estate Investment Trust of New Jersey's EPS without NRI for the three months ended in Apr. 2026 was $0.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 was $0.37.

During the past 12 months, First Real Estate Investment Trust of New Jersey's average EPS without NRIGrowth Rate was -26.90% per year.

During the past 13 years, First Real Estate Investment Trust of New Jersey's highest 3-Year average EPS without NRI Growth Rate was 13.60% per year. The lowest was -37.70% per year. And the median was -1.75% per year.


First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


First Real Estate Investment Trust of New Jersey Earnings per Share (Diluted) Related Terms


First Real Estate Investment Trust of New Jersey Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust of New Jersey's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Real Estate Investment Trust of New Jersey Earnings per Share (Diluted) Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 6.45 0.10 2.13 0.47

First Real Estate Investment Trust of New Jersey Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.12 0.15 0.13 0.08

FREVS vs ELME, MRTI, CLPR: Earnings per Share (Diluted) Comparison

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Real Estate Investment Trust of New Jersey PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust of New Jersey's PE Ratio distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's PE Ratio falls into.


FREVS
65GF Score
First Real Estate Investment Trust of New Jersey Inc FREVS
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Real Estate Investment Trust of New Jersey Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

First Real Estate Investment Trust of New Jersey's Earnings Per Share (Diluted) for the fiscal year that ended in Oct. 2025 is calculated as

Diluted Earnings Per Share (A: Oct. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(3.509-0)/7.469
=0.47

First Real Estate Investment Trust of New Jersey's Earnings Per Share (Diluted) for the quarter that ended in Apr. 2026 is calculated as

Diluted Earnings Per Share (Q: Apr. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(0.616-0)/7.477
=0.08

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $0.48 mean?
First Real Estate Investment Trust of New Jersey (FREVS) has a Earnings per Share (Diluted) of $0.48 as of Apr. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on First Real Estate Investment Trust of New Jersey and its competitors. According to the industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #999999 out of 660 companies in the REITs industry.
Is First Real Estate Investment Trust of New Jersey's Earnings per Share (Diluted) too high?
First Real Estate Investment Trust of New Jersey's current Earnings per Share (Diluted) is $0.48. The REITs industry median Earnings per Share (Diluted) is 1.20. First Real Estate Investment Trust of New Jersey's value of $0.48 is 60% below this industry median. Based on the distribution chart, First Real Estate Investment Trust of New Jersey ranks #999999 out of 660 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, First Real Estate Investment Trust of New Jersey has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust of New Jersey's Earnings per Share (Diluted) compare to ELME and MRTI?
According to the REITs industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #999999 out of 660 companies for Earnings per Share (Diluted). This places First Real Estate Investment Trust of New Jersey in the lower half of its industry. The industry median Earnings per Share (Diluted) is 1.20. First Real Estate Investment Trust of New Jersey's value of $0.48 is 60% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 1.20, based on 660 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Real Estate Investment Trust of New Jersey's current Earnings per Share (Diluted) of $0.48 is 60% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on First Real Estate Investment Trust of New Jersey and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust of New Jersey's current Earnings per Share (Diluted) is $0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust of New Jersey stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey (FREVS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.10, compared to a current price of $21.35 — trading 24.9% above its estimated fair value. The current Earnings per Share (Diluted) is $0.48 and 60% below the REITs industry median of 1.20. First Real Estate Investment Trust of New Jersey's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For First Real Estate Investment Trust of New Jersey (FREVS), the current Earnings per Share (Diluted) is $0.48 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Real Estate Investment Trust of New Jersey (FREVS) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey stock appears to be overvalued. The current stock price of $21.35 is trading 24.9% above its estimated GF Value™ of $17.10. GuruFocus considers First Real Estate Investment Trust of New Jersey to be Modestly Overvalued.

Key valuation signals for FREVS:

  • Earnings per Share (Diluted): $0.48
  • GF Value™: $17.10 vs. price of $21.35 (24.9% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 60% below the REITs median (#999999 of 660)

No single metric tells the full story. See the FREVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Real Estate Investment Trust of New Jersey Business Description

Industry Real EstateREITs
Address 505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
65GF Score

Get the complete analysis for FREVS

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.35
Price
$17.10
GF Value