REITReview of Trading Day 2024-05-02


REITReview gives a quick summary of the last trading day, in this case 2024-05-02. 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) 22.31% 6.7
Invesco Mortgage Capital, Inc. (IVR) 17.74% 6.3
Cherry Hill Mortgage Investment Corp. (CHMI) 17.19% 3.0
Orchid Island Capital, Inc. (ORC) 16.88% 5.6
AFC Gamma, Inc. (AFCG) 15.74% 4.0
Global Net Lease, Inc. (GNL) 15.49% 4.9
AGNC Investment Corp. (AGNC) 15.48% 3.3
Armour Residential REIT Inc. (ARR) 15.30% 6.0
NexPoint Real Estate Finance, Inc. (NREF) 15.12% 6.4
Ares Commercial Real Estate Corp (ACRE) 14.31% 4.6

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Physicians Realty Trust (DOC) 2024-05-03 8.1
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
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 4.4
Power REIT (PW) $0.52 6.1
Presidio Property Trust (SQFT) $0.92 4.7
Ashford Hospitality Trust, Inc. (AHT) $1.24 2.9
Sotherly Hotels, Inc. (SOHO) $1.38 4.0
Innsuites Hospitality Trust (IHT) $1.39 5.1
Franklin Street Properties Corp. (FSP) $1.89 4.4
Diversified Healthcare Trust (DHC) $2.42 5.0
Office Properties Income Trust (OPI) $2.56 5.5
Braemar Hotels & Resorts, Inc (BHR) $2.58 6.4

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $698.70 8.5
Public Storage (PSA) $263.93 8.9
Essex Property Trust, Inc. (ESS) $249.80 8.2
Alexander's Inc. (ALX) $217.25 5.4
SBA Communications Corporation (SBAC) $193.87 6.9
AvalonBay Communities, Inc. (AVB) $192.45 8.5
American Tower Corp (AMT) $179.64 7.5
EastGroup Properties, Inc. (EGP) $158.52 9.2
Simon Property Group (SPG) $141.36 7.7
Digital Realty Trust (DLR) $140.15 8.1


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) $96,778,473,320 8.9
American Tower Corp (AMT) $83,887,392,413 7.5
Equinix, Inc. (EQIX) $66,111,692,700 8.5
Welltower, Inc. (WELL) $57,447,788,208 7.7
Realty Income Corp (O) $47,285,734,420 8.7
Public Storage (PSA) $46,406,670,961 8.9
Simon Property Group (SPG) $46,050,222,954 7.7
Digital Realty Trust (DLR) $43,786,276,717 8.1
Crown Castle International Corp. (CCI) $41,905,103,399 7.7
VICI Properties Inc. (VICI) $30,042,346,493 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)
8.9 Host Hotels & Resorts, Inc. (HST)
8.7 Realty Income Corp (O)

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 126.43 3.4
American Strategic Investment Co. (NYC) CORE FFO 78.33 N/A
Veris Residential, Inc. (VRE) FFO 71.57 4.7
Farmland Partners, Inc (FPI) FFO 69.5 5.2
Farmland Partners, Inc (FPI) AFFO 69.5 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 42.76 3.4
Arbor Realty Trust, Inc. (ABR) FFO 38.47 6.8
Arbor Realty Trust, Inc. (ABR) AFFO 38.47 6.8


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Blackstone Mortgage Trust, Inc. (BXMT) 620.69 5.2
Consolidated-Tomoka Land Co. (CTO) 519.94 6.2
Sabra Health Care REIT, Inc. (SBRA) 240.61 7.3
NetSTREIT Corp. (NTST) 182.78 6.3
AGNC Investment Corp. (AGNC) 180.23 3.3
Welltower, Inc. (WELL) 146.53 7.7
Community Healthcare Trust (CHCT) 123.24 7.5
Iron Mountain, Inc. (IRM) 122.87 6.8
Vornado Realty Trust (VNO) 115.28 6.0
Alexandria Real Estate Equities, Inc. (ARE) 109.42 8.6


Beta


REITs With Highest Beta

Symbol Beta RR
SL Green Realty Corp (SLG) 2.49 5.3
Office Properties Income Trust (OPI) 2.37 5.5
Vornado Realty Trust (VNO) 2.36 6.0
Hudson Pacific Properties (HPP) 2.24 5.1
Outfront Media, Inc. (OUT) 2.20 5.6
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 2.19 5.8
Industrial Logistics Properties Trust (ILPT) 2.14 4.7
Diversified Healthcare Trust (DHC) 2.03 5.0
Ashford Hospitality Trust, Inc. (AHT) 2.02 2.9
DigitalBridge Group, Inc. (DBRG) 2.01 3.4

REITs With Lowest Beta

Symbol Beta RR
Wheeler Real Estate Investment Trust Inc (WHLR) -0.68 4.4
Modiv Inc. (MDV) -0.08 4.0
Global Self Storage, Inc. (SELF) 0.04 7.1
Manhattan Bridge Capital, Inc. (LOAN) 0.07 6.2
Generation Income Properties Inc. (GIPR) 0.15 4.7
Net Lease Office Properties (NLOP) 0.23 6.0
Equity Commonwealth (EQC) 0.33 6.7
Healthcare Trust, Inc. (HTIA) 0.51 1.7
Transcontinental Realty Investors, Inc. (TCI) 0.52 5.1
Agree Realty Corp. (ADC) 0.56 9.1

REIT News Headlines

Symbol RR Headline
OUT 5.6 OUTFRONT Media - OUTFRONT Media Announces Quarterly Dividend
TRNO 9.5 Terreno Realty Corporation - Terreno Realty Corporation Acquires Portfolio in New York City, Northern New Jersey, San Francisco and Los Angeles for Approximately $365 Million
ELS 7.5 Xenia - Xenia Hotels & Resorts Reports First Quarter Results
BFS 7.1 Saul Centers Inc. - Saul Centers, Inc. Reports First Quarter 2024 Earnings
ELS 7.5 Host Hotels & Resorts Provides Updated First Quarter 2024 Investor Presentation
UMH 6.7 UMH Properties, Inc. - UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024
CPT 8.5 Camden Property Trust - Camden Property Trust Announces First Quarter 2024 Operating Results
KRC 7.4 Kilroy Realty - Kilroy Realty Corporation Reports First Quarter Financial Results
AMH 8.9 AMH - AMH Reports First Quarter 2024 Financial and Operating Results
CTRE 8.6 CareTrust - CareTrust REIT Announces First Quarter 2024 Operating Results
OUT 5.6 Outfront Media Inc. - OUTFRONT Media Announces Quarterly Dividend
OUT 5.6 OUTFRONT Media - OUTFRONT Media Reports First Quarter 2024 Results
OUT 5.6 Outfront Media Inc. - OUTFRONT Media Reports First Quarter 2024 Results
DLR 8.1 Digital Realty Reports First Quarter 2024 Results
DLR 8.1 Digital Realty and Oracle Further Strengthen Collaboration to Enable the Next Generation of Cloud Native and AI Enterprise Workloads
NXDT 2.0 NexPoint Diversified Real Estate Trust - NexPoint Diversified Real Estate Trust Announces Preferred Share Distribution
NXRT 6.0 NexPoint Residential Trust, Inc - NexPoint Residential Trust, Inc. Completes the Sale of Radbourne Lake Apartment Homes
NXDT 2.0 NexPoint Diversified Real Estate Trust - NexPoint Diversified Real Estate Trust Announces Quarterly Distribution
NREF 6.4 NexPoint Real Estate Finance - NREF Announces First Quarter 2024 Results, Provides Second Quarter 2024 Guidance
NREF 6.4 NexPoint Real Estate Finance - NexPoint Real Estate Finance, Inc. Announces Quarterly Dividend

Last updated: 2024-05-02 - v1.3