REITReview of Trading Day 2021-03-01


REITReview gives a quick summary of the last trading day, in this case 2021-03-01. 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™. To receive this summary by email, please subscribe below.

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Dividends


REITs With Highest Dividend Yield

Symbol Dividend Yield* RR
Tremont Mortgage Trust (TRMT) 36.68% 5.9
ESH Hospitality, Inc. (STAY) 25.94% 5.7
Orchid Island Capital, Inc. (ORC) 13.50% 2.3
The Geo Group, Inc. (GEO) 13.30% 6.5
Urban Edge Properties (UE) 11.02% 7.2
Presidio Property Trust (SQFT) 10.99% 3.7
Cherry Hill Mortgage Investment Corp. (CHMI) 10.76% 2.0
Annaly Capital Management, Inc. (NLY) 10.55% 2.2
Ready Capital Corp. (RC) 10.48% 4.8
Sachem Capital Corp. (SACH) 10.39% 6.2

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Easterly Government Properties, Inc. (DEA) 2021-03-04 8.5
Potlatch Corporation (PCH) 2021-03-04 8.3
Weyerhaeuser Co. (WY) 2021-03-04 6.9
Gaming & Leisure Properties, Inc. (GLPI) 2021-03-08 6.5
Weingarten Realty Investors (WRI) 2021-03-08 7.3
Presidio Property Trust (SQFT) 2021-03-08 3.7
Kimco Realty Corp, Inc. (KIM) 2021-03-09 7.0
SBA Communications Corporation (SBAC) 2021-03-09 6.8
American Assets Trust, Inc. (AAT) 2021-03-10 7.4
New Senior Investment Group, Inc. (SNR) 2021-03-11 5.4


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
Global Healthcare REIT, Inc. (GBCS) $0.58 3.6
Pennsylvania Real Estate Investment Trust, Inc. (PEI) $2.01 4.0
Drive Shack Inc. (DS) $2.55 3.2
Innsuites Hospitality Trust (IHT) $2.77 5.1
Anworth Mortgage Asset Corporation (ANH) $2.81 2.5
Impac Mortgage Holdings, Inc. (IMH) $3.13 2.9
Ashford Hospitality Trust, Inc. (AHT) $3.27 1.6
Western Asset Mortgage Capital Corp (WMC) $3.32 1.6
Wheeler Real Estate Investment Trust Inc (WHLR) $3.38 4.3
Presidio Property Trust (SQFT) $3.64 3.7

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $648.26 8.4
Alexander's Inc. (ALX) $277.68 6.4
Essex Property Trust, Inc. (ESS) $259.97 8.4
SBA Communications Corporation (SBAC) $247.94 6.8
Public Storage (PSA) $231.97 8.7
American Tower Corp (AMT) $213.77 7.7
Innovative Industrial Properties, Inc. (IIPR) $196.10 7.5
AvalonBay Communities, Inc. (AVB) $177.02 8.5
Alexandria Real Estate Equities, Inc. (ARE) $159.58 9.1
Crown Castle International Corp. (CCI) $153.73 8.2


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
Vereit, Inc. (VER) -78.9% -$33,591,707,459 7.7
Plymouth Industrial REIT Inc. (PLYM) 17.34% $63,927,875.0 7.6
Regional Health Properties,Inc. (RHE) 8.91% $810,346.0 4.2
Innovative Industrial Properties, Inc. (IIPR) 8.51% $367,937,304.0 7.5
Franklin Street Properties Corp. (FSP) 8.06% $42,931,280.0 5.5
Outfront Media, Inc. (OUT) 6.38% $187,006,852.0 5.1
Paramount Group, Inc. (PGRE) 6.36% $129,205,118.0 7.0
Seritage Growth Properties, Inc. (SRG) 6.24% $48,692,308.0 3.1
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 6.08% $267,284,991.0 6.9
Xenia Hotels & Resorts, Inc. (XHR) -5.91% -$134,202,245 3.9

REITs With Highest Market Cap

Symbol Beta RR
American Tower Corp (AMT) $94,996,061,097 7.7
Prologis, Inc. (PLD) $73,528,485,000 9.2
Crown Castle International Corp. (CCI) $66,305,572,084 8.2
Equinix, Inc. (EQIX) $57,881,750,068 8.4
Public Storage (PSA) $40,553,492,280 8.7
Simon Property Group (SPG) $37,421,969,951 6.3
Digital Realty Trust (DLR) $37,250,762,732 9.2
Welltower, Inc. (WELL) $28,582,390,511 6.9
SBA Communications Corporation (SBAC) $27,105,891,488 6.8
Weyerhaeuser Co. (WY) $26,216,746,080 6.9


REITRating™


Top 10 REITs

Overall Score Symbol
9.4 Terreno Realty Corp. (TRNO)
9.3 Rexford Industrial Realty, Inc. (REXR)
9.2 Prologis, Inc. (PLD)
9.2 STAG Industrial, Inc. (STAG)
9.2 Agree Realty Corp. (ADC)
9.2 Digital Realty Trust (DLR)
9.1 Alexandria Real Estate Equities, Inc. (ARE)
9.1 Duke Realty Corporation (DRE)
9.1 Cousins Properties (CUZ)
8.9 Community Healthcare Trust (CHCT)

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
Xenia Hotels & Resorts, Inc. (XHR) AFFO 939.5 3.9
Presidio Property Trust (SQFT) FFO Core 364 3.7
Summit Hotel Properties, Inc. (INN) AFFO 261.75 5.2
NetSTREIT Corp. (NTST) FFO 163.45 4.4
Chatham Lodging Trust (CLDT) AFFO 137.9 4.0
Chatham Lodging Trust (CLDT) AFFO 137.9 4.0
Safehold Inc. (SAFE) AFFO 121.29 6.5
Equity Commonwealth (EQC) FFO 96.97 5.5
Equity Commonwealth (EQC) Normalized FFO 93.73 5.5
NetSTREIT Corp. (NTST) AFFO 85.62 4.4


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Empire State Realty Trust, Inc. (ESRT) 12,644.44 5.5
Hudson Pacific Properties (HPP) 10,612.00 8.0
Apollo Commercial Real Estate Finance, Inc. (ARI) 1,426.32 4.0
SBA Communications Corporation (SBAC) 1,167.33 6.8
Pennymac Mortgage Investment Trust (PMT) 754.69 3.3
Spirit Realty Capital, Inc. (SRC) 285.89 8.6
Vereit, Inc. (VER) 272.81 7.7
Regency Centers Corporation (REG) 208.72 8.2
UDR Inc. (UDR) 206.73 8.6
Gladstone Commercial Corporation, Inc. (GOOD) 205.95 7.7


Beta


REITs With Highest Beta

Symbol Beta RR
Granite Point Mortgage Trust Inc. (GPMT) 2.51 4.2
Sotherly Hotels, Inc. (SOHO) 2.25 4.0
Braemar Hotels & Resorts, Inc (BHR) 2.21 4.2
Outfront Media, Inc. (OUT) 2.17 5.1
Hersha Hospitality Trust (HT) 2.12 3.3
Diversified Healthcare Trust (DHC) 2.04 4.2
Washington Prime Group, Inc. (WPG) 2.01 3.9
AG Mortgage Investment Trust, Inc. (MITT) 1.96 3.4
Exantas Capital Corp. (XAN) 1.95 3.2
Entertainment Properties Trust, Inc. (EPR) 1.95 6.1

REITs With Lowest Beta

Symbol Beta RR
Global Self Storage, Inc. (SELF) 0.22 6.3
Postal Realty Trust, Inc. (PSTL) 0.27 5.6
Equity Commonwealth (EQC) 0.36 5.5
Gladstone Commercial Corp. (GOODM) 0.45 6.3
Condor Hospitality Trust, Inc. (CDOR) 0.57 3.2
Extra Space Storage, Inc. (EXR) 0.69 8.4
Public Storage (PSA) 0.70 8.7
CoreSite Realty Corporation (COR) 0.70 8.0
Wheeler Real Estate Investment Trust Inc (WHLR) 0.71 4.3
Easterly Government Properties, Inc. (DEA) 0.75 8.5

REIT News Headlines

Symbol RR Headline
SITC 7.3 SITE Centers Announces Pricing of Common Shares Offering
NNN 8.0 National Retail Properties, Inc. - National Retail Properties, Inc. Prices Offering Of $450,000,000 Of 3.500% Senior Unsecured Notes Due 2051
APTS 5.0 Preferred Apartment Communities - Preferred Apartment Communities, Inc. Reports Results for Fourth Quarter 2020
SELF 6.3 Global Self Storage Declares First Quarter 2021 Dividend
PMT 3.3 - PennyMac Mortgage Investment Trust Announces Proposed Private Placement of Exchangeable Senior Notes
SITC 7.3 SITE Centers Announces Offering of Common Shares
PLYM 7.6 Plymouth Industrial REIT - Boston - Plymouth Industrial REIT Declares First Quarter 2021 Preferred Stock Dividend
FSP 5.5 - Franklin Street Properties Corp. Announces Lease Extension with CITGO Petroleum Corporation
NSA 8.5 National Storage Affiliates Trust Announces Expansion of Board of Trustees and the Addition of Charles Wu to the Board
ARE 9.1 Alexandria Real Estate Equities, Inc. - Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.09 per Common Share for 1Q21, an Aggregate of $4.30 per Common Share for the 12 Months Ending March 31, 2021, Up 24 Cents, or 6 Percent, Over t
SRG 3.1 Seritage - Seritage Growth Properties Announces Fourth Quarter 2020 Earnings Release Date
XHR 3.9 Xenia - Xenia Hotels & Resorts Reports Fourth Quarter And Full Year 2020 Results

Last updated: 2021-03-01