REITReview of Trading Day 2023-05-26


REITReview gives a quick summary of the last trading day, in this case 2023-05-26. 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
Hudson Pacific Properties (HPP) 22.22% 7.1
Cherry Hill Mortgage Investment Corp. (CHMI) 22.00% 4.3
Equity Commonwealth (EQC) 20.53% 6.6
Brandywine Realty Trust (BDN) 20.49% 6.7
Armour Residential REIT Inc. (ARR) 20.08% 4.2
Chimera Investment Corporation (CIM) 19.53% 2.7
Two Harbors Investment Corp. (TWO) 19.51% 5.6
AFC Gamma, Inc. (AFCG) 19.39% 2.0
Orchid Island Capital, Inc. (ORC) 19.05% 6.4
City Office REIT Inc (CIO) 17.39% 6.6

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Agree Realty Corp. (ADC) 2023-05-30 8.9
AGNC Investment Corp. (AGNC) 2023-05-30 3.7
Apple Hospitality REIT, Inc. (APLE) 2023-05-30 8.6
Ellington Residential Mortgage REIT (EARN) 2023-05-30 4.3
Entertainment Properties Trust, Inc. (EPR) 2023-05-30 7.2
Orchid Island Capital, Inc. (ORC) 2023-05-30 6.4
SL Green Realty Corp (SLG) 2023-05-30 7.2
STAG Industrial, Inc. (STAG) 2023-05-30 7.7
Realty Income Corp (O) 2023-05-31 8.7
First REIT of New Jersey (FREVS) 2023-05-31 3.6


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
Drive Shack Inc. (DSHK) $0.25 3.3
Wheeler Real Estate Investment Trust Inc (WHLR) $0.72 4.6
Presidio Property Trust (SQFT) $0.86 4.3
Corenergy Infrastructure Trust, Inc. (CORR) $1.02 3.9
Diversified Healthcare Trust (DHC) $1.14 2.9
Franklin Street Properties Corp. (FSP) $1.43 4.2
Innsuites Hospitality Trust (IHT) $1.62 4.7
Sotherly Hotels, Inc. (SOHO) $1.63 4.1
Industrial Logistics Properties Trust (ILPT) $1.80 4.5
Power REIT (PW) $2.26 5.8

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $729.15 8.1
Public Storage (PSA) $286.69 8.7
SBA Communications Corporation (SBAC) $223.80 7.0
Essex Property Trust, Inc. (ESS) $210.38 8.1
American Tower Corp (AMT) $182.18 7.5
AvalonBay Communities, Inc. (AVB) $171.73 8.7
EastGroup Properties, Inc. (EGP) $162.75 9.1
Alexander's Inc. (ALX) $156.92 5.5
Extra Space Storage, Inc. (EXR) $146.58 8.4
Mid-America Apartment Communities, Inc. (MAA) $145.96 8.7


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
Power REIT (PW) 12.9% $874,533.0 5.8
Corenergy Infrastructure Trust, Inc. (CORR) -10.53% -$1,842,106 3.9
DigitalBridge Group, Inc. (DBRG) 8.52% $157,028,035.0 0.7
Digital Realty Trust (DLR) 7.23% $1,982,670,533.0 7.9
Franklin BSP Realty Trust, Inc. (FBRT) 5.51% $58,419,505.0 3.0
Strawberry Fields REIT (STRW) -5.39% -$2,610,001 2.3
Uniti Group, Inc. (UNIT) 4.91% $40,557,439.0 6.1
Orchid Island Capital, Inc. (ORC) 4.56% $17,219,356.0 6.4
Two Harbors Investment Corp. (TWO) 4.5% $51,232,388.0 5.6
Bluerock Homes Trust, Inc. (BHM) -4.49% -$2,876,260 3.0

REITs With Highest Market Cap

Symbol Beta RR
Prologis, Inc. (PLD) $115,387,076,700 9.2
American Tower Corp (AMT) $84,903,756,370 7.5
Equinix, Inc. (EQIX) $68,192,482,842 8.1
Public Storage (PSA) $50,403,558,621 8.7
Crown Castle International Corp. (CCI) $48,467,103,706 8.3
Realty Income Corp (O) $39,491,231,322 8.7
Welltower, Inc. (WELL) $36,551,671,580 6.5
Simon Property Group (SPG) $33,470,539,789 6.9
VICI Properties Inc. (VICI) $30,659,401,100 8.0
Digital Realty Trust (DLR) $29,395,245,731 7.9


REITRating™


Top 10 REITs

Overall Score Symbol
9.3 Terreno Realty Corp. (TRNO)
9.3 Essential Properties Realty Trust Inc (EPRT)
9.3 Rexford Industrial Realty, Inc. (REXR)
9.2 Prologis, Inc. (PLD)
9.1 EastGroup Properties, Inc. (EGP)
9.0 CareTrust REIT, Inc. (CTRE)
9.0 First Industrial Realty Trust, Inc. (FR)
8.9 Agree Realty Corp. (ADC)
8.9 Spirit Realty Capital, Inc. (SRC)
8.8 Alexandria Real Estate Equities, Inc. (ARE)

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
Industrial Logistics Properties Trust (ILPT) FFO 180 4.5
DigitalBridge Group, Inc. (DBRG) Core FFO 107.39 0.7
Corenergy Infrastructure Trust, Inc. (CORR) Nareit FFO 102 3.9
American Strategic Investment Co. (NYC) CORE FFO 78.33 N/A
DigitalBridge Group, Inc. (DBRG) Distributable Earnings 77.19 0.7
Equity Commonwealth (EQC) Normalized FFO 50.49 6.6
Equity Commonwealth (EQC) FFO 49.29 6.6
Monmouth Real Estate Investment Corp (MNR) FFO Core 44.64 N/A
Retail Properties of America, Inc (RPAI) FFO 44.3 N/A
Safehold Inc. (SAFE) AFFO 38.89 6.3


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Kite Realty Group (KRG) 445.64 7.6
Welltower, Inc. (WELL) 333.67 6.5
UDR Inc. (UDR) 127.95 8.6
Community Healthcare Trust (CHCT) 117.95 8.3
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 104.31 5.2
Service Properties Trust, Inc. (SVC) 101.35 4.2
Urban Edge Properties (UE) 92.73 6.2
Digital Realty Trust (DLR) 89.90 7.9
Equinix, Inc. (EQIX) 82.58 8.1
Sun Communities, Inc. (SUI) 76.80 8.0


Beta


REITs With Highest Beta

Symbol Beta RR
Safehold Inc. (SAFE) 2.49 6.3
Ashford Hospitality Trust, Inc. (AHT) 1.97 4.1
DigitalBridge Group, Inc. (DBRG) 1.73 0.7
Uniti Group, Inc. (UNIT) 1.59 6.1
Braemar Hotels & Resorts, Inc (BHR) 1.53 7.5
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 1.51 5.2
Seritage Growth Properties, Inc. (SRG) 1.46 4.6
Apollo Commercial Real Estate Finance, Inc. (ARI) 1.45 5.1
Park Hotels & Resorts, Inc. (PK) 1.44 5.7
Macerich Company (MAC) 1.44 6.6

REITs With Lowest Beta

Symbol Beta RR
Manhattan Bridge Capital, Inc. (LOAN) 0.32 5.7
Equity Commonwealth (EQC) 0.37 6.6
Global Self Storage, Inc. (SELF) 0.37 7.0
Alpine Income Property Trust, Inc. (PINE) 0.40 6.6
Agree Realty Corp. (ADC) 0.46 8.9
LTC Properties, Inc. (LTC) 0.48 7.5
W.P. Carey, Inc. (WPC) 0.55 8.7
Getty Realty Corp. (GTY) 0.56 8.7
NetSTREIT Corp. (NTST) 0.57 6.6
Easterly Government Properties, Inc. (DEA) 0.57 7.0

REIT News Headlines

Symbol RR Headline
EXR 8.4 Extra Space Storage Inc. Announces 2nd Quarter 2023 Dividend
OPI 5.4 Office Properties Income Trust - Office Properties Income Trust Commences the Implementation of its Financing Strategy for its Merger with Diversified Healthcare Trust with the Closing of a $30.7 Million Mortgage Loan

Last updated: 2023-05-26 - v1.2