REITReview of Trading Day 2024-05-03


REITReview gives a quick summary of the last trading day, in this case 2024-05-03. To search previous days or other data points, please use our REITAnalytics™ tool. This page is updated every trading day at 10pm PST. “RR” is our industry-specific rating and ranking system, REITRating™.


Dividends


REITs With Highest Dividend Yield

Symbol Dividend Yield* RR
Equity Commonwealth (EQC) 22.55% 6.7
Invesco Mortgage Capital, Inc. (IVR) 17.56% 6.3
Cherry Hill Mortgage Investment Corp. (CHMI) 17.09% 3.0
Orchid Island Capital, Inc. (ORC) 16.84% 5.6
AFC Gamma, Inc. (AFCG) 15.73% 4.0
Global Net Lease, Inc. (GNL) 15.36% 4.9
AGNC Investment Corp. (AGNC) 15.32% 3.3
Armour Residential REIT Inc. (ARR) 15.14% 6.0
NexPoint Real Estate Finance, Inc. (NREF) 15.14% 6.4
Ares Commercial Real Estate Corp (ACRE) 14.45% 4.6

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Postal Realty Trust, Inc. (PSTL) 2024-05-07 5.8
Easterly Government Properties, Inc. (DEA) 2024-05-08 7.0
Community Healthcare Trust (CHCT) 2024-05-09 7.5
JBG SMITH Properties (JBGS) 2024-05-09 6.7
Alexander's Inc. (ALX) 2024-05-10 5.4
Welltower, Inc. (WELL) 2024-05-10 7.7
Healthcare Realty Trust, Inc. (HR) 2024-05-10 6.9
Armour Residential REIT Inc. (ARR) 2024-05-14 6.0
UMH Properties, Inc. (UMH) 2024-05-14 6.7
Phillips Edison & Company, Inc. (PECO) 2024-05-14 6.9


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
Wheeler Real Estate Investment Trust Inc (WHLR) $0.14 4.3
Power REIT (PW) $0.52 6.1
Presidio Property Trust (SQFT) $0.92 4.7
Ashford Hospitality Trust, Inc. (AHT) $1.24 2.9
Innsuites Hospitality Trust (IHT) $1.39 5.0
Sotherly Hotels, Inc. (SOHO) $1.40 4.0
Franklin Street Properties Corp. (FSP) $1.93 4.4
Braemar Hotels & Resorts, Inc (BHR) $2.62 6.4
Diversified Healthcare Trust (DHC) $2.62 5.0
Office Properties Income Trust (OPI) $2.87 5.5

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $700.18 8.5
Public Storage (PSA) $265.76 8.9
Essex Property Trust, Inc. (ESS) $250.31 8.2
Alexander's Inc. (ALX) $213.80 5.4
SBA Communications Corporation (SBAC) $193.09 6.9
AvalonBay Communities, Inc. (AVB) $192.81 8.5
American Tower Corp (AMT) $181.74 7.5
EastGroup Properties, Inc. (EGP) $159.86 9.2
Digital Realty Trust (DLR) $147.00 8.1
Simon Property Group (SPG) $142.93 7.7


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
Arlington Asset Investment Corp. (AAIC) 0.25% $283,604.0 N/A
Broadmark Realty Capital (BRMK) 0% $0.0 N/A

REITs With Highest Market Cap

Symbol Beta RR
Prologis, Inc. (PLD) $98,037,621,160 8.9
American Tower Corp (AMT) $84,868,039,953 7.5
Equinix, Inc. (EQIX) $66,251,731,780 8.5
Welltower, Inc. (WELL) $57,286,350,835 7.7
Realty Income Corp (O) $47,587,136,843 8.7
Public Storage (PSA) $46,728,438,884 8.9
Simon Property Group (SPG) $46,561,674,921 7.7
Digital Realty Trust (DLR) $45,926,383,713 8.1
Crown Castle International Corp. (CCI) $42,318,216,785 7.7
VICI Properties Inc. (VICI) $30,043,629,821 8.5


REITRating™


Top 10 REITs

Overall Score Symbol
9.5 Terreno Realty Corp. (TRNO)
9.2 EastGroup Properties, Inc. (EGP)
9.1 Rexford Industrial Realty, Inc. (REXR)
9.1 Agree Realty Corp. (ADC)
9.1 Essential Properties Realty Trust Inc (EPRT)
8.9 Prologis, Inc. (PLD)
8.9 AMH (AMH)
8.9 Public Storage (PSA)
8.8 Host Hotels & Resorts, Inc. (HST)
8.7 LXP Industrial Trust (LXP)

The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.



Price-to-FFO (P/FFO)


REITs With Highest P/FFO Multiples

Symbol Type Multiple RR
DigitalBridge Group, Inc. (DBRG) Core FFO 127.83 3.4
American Strategic Investment Co. (NYC) CORE FFO 78.33 N/A
Veris Residential, Inc. (VRE) FFO 70.81 4.7
Farmland Partners, Inc (FPI) FFO 70.06 5.2
Farmland Partners, Inc (FPI) AFFO 70.06 5.2
Monmouth Real Estate Investment Corp (MNR) FFO Core 44.64 N/A
Retail Properties of America, Inc (RPAI) FFO 44.3 N/A
DigitalBridge Group, Inc. (DBRG) Distributable Earnings 43.24 3.4
Arbor Realty Trust, Inc. (ABR) FFO 37.91 6.8
Arbor Realty Trust, Inc. (ABR) AFFO 37.91 6.8


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Blackstone Mortgage Trust, Inc. (BXMT) 620.34 5.3
Consolidated-Tomoka Land Co. (CTO) 506.55 6.2
Sabra Health Care REIT, Inc. (SBRA) 242.81 7.3
Acadia Realty Trust (AKR) 187.38 7.5
NetSTREIT Corp. (NTST) 185.67 6.3
AGNC Investment Corp. (AGNC) 182.17 3.3
Iron Mountain, Inc. (IRM) 120.19 6.8
Welltower, Inc. (WELL) 117.06 7.7
Vornado Realty Trust (VNO) 115.50 6.0
Alexandria Real Estate Equities, Inc. (ARE) 111.58 8.6


Beta


REITs With Highest Beta

Symbol Beta RR
Office Properties Income Trust (OPI) 2.57 5.5
SL Green Realty Corp (SLG) 2.51 5.3
Vornado Realty Trust (VNO) 2.37 6.0
Hudson Pacific Properties (HPP) 2.20 5.2
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 2.18 5.9
Industrial Logistics Properties Trust (ILPT) 2.17 4.7
Outfront Media, Inc. (OUT) 2.14 5.6
Uniti Group, Inc. (UNIT) 2.11 4.5
Ashford Hospitality Trust, Inc. (AHT) 2.07 2.9
Diversified Healthcare Trust (DHC) 2.05 5.0

REITs With Lowest Beta

Symbol Beta RR
Wheeler Real Estate Investment Trust Inc (WHLR) -0.66 4.3
Modiv Inc. (MDV) -0.09 3.7
Global Self Storage, Inc. (SELF) 0.04 7.1
Manhattan Bridge Capital, Inc. (LOAN) 0.06 6.1
Generation Income Properties Inc. (GIPR) 0.15 4.7
Net Lease Office Properties (NLOP) 0.26 6.0
Equity Commonwealth (EQC) 0.35 6.7
Healthcare Trust, Inc. (HTIA) 0.49 2.0
Transcontinental Realty Investors, Inc. (TCI) 0.50 5.1
ACRES Commercial Realty Corp. (ACR) 0.52 4.8

REIT News Headlines

Symbol RR Headline
AJX 2.8 Great Ajax - Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2024
ELS 7.5 Sotherly Hotels - Sotherly Hotels Inc. Announces Refinancing and Renovation Plans for Philadelphia Hotel

Last updated: 2024-05-03 - v1.3