REITReview of Trading Day 2023-01-31


REITReview gives a quick summary of the last trading day, in this case 2023-01-31. 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
First REIT of New Jersey (FREVS) 38.39% 4.1
Armour Residential REIT Inc. (ARR) 19.11% 4.3
Invesco Mortgage Capital, Inc. (IVR) 17.70% 6.3
Orchid Island Capital, Inc. (ORC) 15.75% 6.4
Cherry Hill Mortgage Investment Corp. (CHMI) 15.45% 2.7
Annaly Capital Management, Inc. (NLY) 15.00% 6.1
AFC Gamma, Inc. (AFCG) 14.27% 1.7
Western Asset Mortgage Capital Corp (WMC) 14.20% 2.3
Sachem Capital Corp. (SACH) 13.68% 5.6
Two Harbors Investment Corp. (TWO) 13.38% 4.1

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Whitestone REIT, Inc. (WSR) 2023-02-01 6.7
Omega Healthcare Investors, Inc. (OHI) 2023-02-03 6.8
Summit Hotel Properties, Inc. (INN) 2023-02-13 6.4
UMH Properties, Inc. (UMH) 2023-02-14 7.1
Generation Income Properties Inc. (GIPR) 2023-02-14 2.7
Gladstone Commercial Corporation, Inc. (GOOD) 2023-02-16 7.3
Gladstone Land Corporation, Inc. (LAND) 2023-02-16 7.0
LTC Properties, Inc. (LTC) 2023-02-16 7.1
Macerich Company (MAC) 2023-02-16 5.5
STAG Industrial, Inc. (STAG) 2023-02-27 8.5


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
Impac Mortgage Holdings, Inc. (IMH) $0.27 0.8
Drive Shack Inc. (DSHK) $0.42 3.3
Diversified Healthcare Trust (DHC) $0.79 2.6
Presidio Property Trust (SQFT) $1.08 2.1
Wheeler Real Estate Investment Trust Inc (WHLR) $1.63 4.7
Innsuites Hospitality Trust (IHT) $1.65 4.5
Corenergy Infrastructure Trust, Inc. (CORR) $2.14 4.5
Sotherly Hotels, Inc. (SOHO) $2.34 4.1
Regional Health Properties,Inc. (RHE) $2.99 4.0
Arlington Asset Investment Corp. (AAIC) $3.01 2.7

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $738.13 8.1
Public Storage (PSA) $304.34 8.1
SBA Communications Corporation (SBAC) $297.53 6.9
Alexander's Inc. (ALX) $237.28 6.3
Essex Property Trust, Inc. (ESS) $226.07 8.0
American Tower Corp (AMT) $223.39 7.7
AvalonBay Communities, Inc. (AVB) $177.44 8.4
EastGroup Properties, Inc. (EGP) $168.25 8.9
Mid-America Apartment Communities, Inc. (MAA) $166.72 8.1
Alexandria Real Estate Equities, Inc. (ARE) $160.74 8.7


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
Selectis Health Inc (GBCS) 82% $6,287,470.0 3.3
Wheeler Real Estate Investment Trust Inc (WHLR) 25.38% $3,230,873.0 4.7
Drive Shack Inc. (DSHK) -9.68% -$4,157,326 3.3
Power REIT (PW) 8.93% $1,301,291.0 5.8
DigitalBridge Group, Inc. (DBRG) 6.86% $151,742,375.0 2.0
Bimini Capital Management, Inc. (BMNM) -6.4% -$692,216 N/A
Sun Communities, Inc. (SUI) 6.24% $1,142,267,921.0 8.3
Equity Lifestyle Properties, Inc. (ELS) 6.11% $768,638,451.0 6.9
Gyrodyne Company of America, Inc. (GYRO) -6.08% -$815,474 N/A
Industrial Logistics Properties Trust (ILPT) 5.76% $15,736,455.0 5.5

REITs With Highest Market Cap

Symbol Beta RR
Prologis, Inc. (PLD) $119,335,598,435 9.2
American Tower Corp (AMT) $104,011,635,654 7.7
Equinix, Inc. (EQIX) $68,305,158,825 8.1
Crown Castle International Corp. (CCI) $64,138,739,428 8.1
Public Storage (PSA) $53,453,787,004 8.1
Realty Income Corp (O) $42,539,846,392 9.0
Simon Property Group (SPG) $41,999,456,312 7.2
Welltower, Inc. (WELL) $35,458,009,308 7.0
Digital Realty Trust (DLR) $32,955,803,161 8.1
VICI Properties Inc. (VICI) $32,918,684,445 8.1


REITRating™


Top 10 REITs

Overall Score Symbol
9.2 Prologis, Inc. (PLD)
9.2 Agree Realty Corp. (ADC)
9.1 Essential Properties Realty Trust Inc (EPRT)
9.0 First Industrial Realty Trust, Inc. (FR)
9.0 Rexford Industrial Realty, Inc. (REXR)
9.0 Consolidated-Tomoka Land Co. (CTO)
9.0 Realty Income Corp (O)
8.9 EastGroup Properties, Inc. (EGP)
8.9 Terreno Realty Corp. (TRNO)
8.8 W.P. Carey, Inc. (WPC)

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
Corenergy Infrastructure Trust, Inc. (CORR) Nareit FFO 214 4.5
DigitalBridge Group, Inc. (DBRG) Core FFO 128.7 2.0
Elme Communities (ELME) NAREIT FFO 128 3.9
Equity Commonwealth (EQC) Normalized FFO 127.6 6.8
Equity Commonwealth (EQC) FFO 116 6.8
Farmland Partners, Inc (FPI) AFFO 107.33 5.4
Elme Communities (ELME) Core FFO 83.48 3.9
American Strategic Investment Co. (NYC) CORE FFO 78.33 N/A
Safehold Inc. (SAFE) AFFO 55.49 6.5
Monmouth Real Estate Investment Corp (MNR) FFO Core 44.64 N/A


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Paramount Group, Inc. (PGRE) 542.02 6.2
Equity Commonwealth (EQC) 432.54 6.8
Office Properties Income Trust (OPI) 181.20 5.6
Welltower, Inc. (WELL) 166.68 7.0
Braemar Hotels & Resorts, Inc (BHR) 132.50 7.0
Empire State Realty Trust, Inc. (ESRT) 110.17 6.0
RPT Realty (RPT) 110.08 6.9
Consolidated-Tomoka Land Co. (CTO) 108.63 9.0
Equinix, Inc. (EQIX) 96.61 8.1
UDR Inc. (UDR) 87.38 8.6


Beta


REITs With Highest Beta

Symbol Beta RR
Ashford Hospitality Trust, Inc. (AHT) 2.04 3.7
Service Properties Trust, Inc. (SVC) 1.70 3.6
DigitalBridge Group, Inc. (DBRG) 1.56 2.0
Safehold Inc. (SAFE) 1.44 6.5
iStar Inc. (STAR) 1.42 4.9
Seritage Growth Properties, Inc. (SRG) 1.41 4.5
Hersha Hospitality Trust (HT) 1.40 5.4
Macerich Company (MAC) 1.40 5.5
Park Hotels & Resorts, Inc. (PK) 1.38 5.3
Braemar Hotels & Resorts, Inc (BHR) 1.36 7.0

REITs With Lowest Beta

Symbol Beta RR
Generation Income Properties Inc. (GIPR) 0.04 2.7
Wheeler Real Estate Investment Trust Inc (WHLR) 0.27 4.7
Equity Commonwealth (EQC) 0.30 6.8
Alpine Income Property Trust, Inc. (PINE) 0.31 6.6
Global Self Storage, Inc. (SELF) 0.33 6.8
Manhattan Bridge Capital, Inc. (LOAN) 0.35 6.3
LTC Properties, Inc. (LTC) 0.41 7.1
Agree Realty Corp. (ADC) 0.42 9.2
Easterly Government Properties, Inc. (DEA) 0.43 8.0
National Health Investors, Inc. (NHI) 0.45 5.3

REIT News Headlines

Symbol RR Headline
BXP 7.2 BXP Announces 4th Quarter and Full Year 2022 Results; Reports Q4 EPS of $0.78 and FFO Per Share of $1.86
TRNO 8.9 Terreno Realty Corporation - Terreno Realty Corporation Announces Tax Treatment of 2022 Dividends
EARN 4.2 Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2022 Distributions
UBP 6.8 UrstadtBiddle - Urstadt Biddle Properties Inc. Announces Tax Treatment For 2022 Distributions
HR 8.0 - Healthcare Realty Announces January Asset Sales to Complete Funding of Merger-Related Special Dividend
VNO 7.1 Vornado Realty Trust - Vornado Announces Non-Cash Impairment Charges to be Included in its Fourth Quarter 2022 Financial Results
BRMK 3.0 Broadmark Realty Capital Inc. - Broadmark Realty Capital Announces 2022 Tax Treatment of Dividends
LADR 4.6 Ladder Capital - Ladder Capital Corp Announces Tax Treatment of 2022 Dividends
GPMT 3.1 Granite Point Mortgage Trust Inc. Announces 2022 Dividend Tax Information
MITT 3.7 AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2022 Distributions
ADC 9.2 Agree Realty Set To Join S&P MidCap 400
UNIT 5.6 AIR Communities - AIR Communities Named a Built In 2023 Best Places to Work Winner
ESRT 6.0 Empire State Realty Trust - Empire State Realty Trust Selected for 2023 Bloomberg Gender-Equality Index for Second Consecutive Year
TRNO 8.9 Terreno Realty Corporation - Terreno Realty Corporation Announces Lease in Redmond, WA
WPC 8.8 W. P. Carey - W. P. Carey Included in Bloomberg Gender-Equality Index for Third Consecutive Year
PEB 6.1 Pebblebrook Hotel Trust - Pebblebrook Hotel Trust Announces the 11th Annual Pebby Award Nominations

Last updated: 2023-01-31 - v1.2