REITReview of Trading Day 2022-09-27


REITReview gives a quick summary of the last trading day, in this case 2022-09-27. 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) 46.58% 4.3
Invesco Mortgage Capital, Inc. (IVR) 31.12% 4.4
Armour Residential REIT Inc. (ARR) 22.68% 4.3
Chimera Investment Corporation (CIM) 22.04% 3.3
Orchid Island Capital, Inc. (ORC) 21.01% 4.3
MFA Mortgage Investments, Inc. (MFA) 19.87% 3.3
Cherry Hill Mortgage Investment Corp. (CHMI) 18.91% 2.6
New York Mortgage Trust, Inc. (NYMT) 18.10% 5.7
Two Harbors Investment Corp. (TWO) 18.04% 2.7
AG Mortgage Investment Trust, Inc. (MITT) 17.99% 3.5

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Ares Commercial Real Estate Corp (ACRE) 2022-09-29 5.1
Agree Realty Corp. (ADC) 2022-09-29 9.2
AGNC Investment Corp. (AGNC) 2022-09-29 4.0
Braemar Hotels & Resorts, Inc (BHR) 2022-09-29 6.5
Acadia Realty Trust (AKR) 2022-09-29 6.5
Alexandria Real Estate Equities, Inc. (ARE) 2022-09-29 8.7
Apollo Commercial Real Estate Finance, Inc. (ARI) 2022-09-29 4.8
AvalonBay Communities, Inc. (AVB) 2022-09-29 8.4
Blackstone Mortgage Trust, Inc. (BXMT) 2022-09-29 5.1
Boston Properties (BXP) 2022-09-29 7.2


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
Impac Mortgage Holdings, Inc. (IMH) $0.31 0.8
Drive Shack Inc. (DS) $0.66 3.2
Diversified Healthcare Trust (DHC) $1.03 2.5
Wheeler Real Estate Investment Trust Inc (WHLR) $1.32 4.6
Presidio Property Trust (SQFT) $1.36 2.4
Corenergy Infrastructure Trust, Inc. (CORR) $1.76 4.5
Sotherly Hotels, Inc. (SOHO) $1.82 3.7
Innsuites Hospitality Trust (IHT) $2.08 4.4
New York Mortgage Trust, Inc. (NYMT) $2.21 5.7
Franklin Street Properties Corp. (FSP) $2.70 5.5

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $567.69 7.9
Public Storage (PSA) $287.49 8.8
SBA Communications Corporation (SBAC) $284.21 6.8
Essex Property Trust, Inc. (ESS) $238.35 8.0
American Tower Corp (AMT) $220.60 7.8
Alexander's Inc. (ALX) $207.48 6.2
AvalonBay Communities, Inc. (AVB) $181.80 8.4
Extra Space Storage, Inc. (EXR) $166.97 8.6
Mid-America Apartment Communities, Inc. (MAA) $151.54 8.5
Crown Castle International Corp. (CCI) $148.14 8.0


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
Wheeler Real Estate Investment Trust Inc (WHLR) 11.86% $1,370,980.0 4.6
Income Opportunity Realty Trust (IOR) 9.54% $4,626,939.0 N/A
Drive Shack Inc. (DS) -8.21% -$5,441,477 3.2
Armada Hoffler Properties, Inc. (AHH) -6.3% -$46,733,458 6.8
Sachem Capital Corp. (SACH) -6% -$8,090,605 5.6
Annaly Capital Management, Inc. (NLY) -5.83% -$1,949,168,466 3.8
Broadstone Net Lease, Inc. (BNL) -5.79% -$164,459,269 5.9
BRT Apartments Corp. (BRT) -5.72% -$22,265,036 8.1
AGNC Investment Corp. (AGNC) -5.61% -$282,270,322 4.0
Alpine Income Property Trust, Inc. (PINE) -5.04% -$10,087,186 6.5

REITs With Highest Market Cap

Symbol Beta RR
American Tower Corp (AMT) $102,708,471,905 7.8
Prologis, Inc. (PLD) $75,725,861,840 9.1
Crown Castle International Corp. (CCI) $64,150,436,569 8.0
Equinix, Inc. (EQIX) $51,702,471,773 7.9
Public Storage (PSA) $50,462,814,386 8.8
Realty Income Corp (O) $35,789,083,224 8.7
Annaly Capital Management, Inc. (NLY) $31,511,556,867 3.8
SBA Communications Corporation (SBAC) $30,660,103,864 6.8
VICI Properties Inc. (VICI) $29,518,813,446 8.0
Welltower, Inc. (WELL) $29,194,667,546 6.9


REITRating™


Top 10 REITs

Overall Score Symbol
9.2 Agree Realty Corp. (ADC)
9.1 Rexford Industrial Realty, Inc. (REXR)
9.1 Prologis, Inc. (PLD)
9.1 EastGroup Properties, Inc. (EGP)
9.1 First Industrial Realty Trust, Inc. (FR)
9.0 Terreno Realty Corp. (TRNO)
9.0 Consolidated-Tomoka Land Co. (CTO)
8.9 Essential Properties Realty Trust Inc (EPRT)
8.9 Spirit Realty Capital, Inc. (SRC)
8.9 Duke Realty Corporation (DRE)

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
Equity Commonwealth (EQC) Normalized FFO 416.83 5.6
Equity Commonwealth (EQC) FFO 277.89 5.6
Corenergy Infrastructure Trust, Inc. (CORR) Nareit FFO 176 4.5
DigitalBridge Group, Inc. (DBRG) Core FFO 114.61 3.6
Franklin Street Properties Corp. (FSP) AFFO 67.5 5.5
Power REIT (PW) Core FFO 59.11 5.6
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 42.81 6.6
Farmland Partners, Inc (FPI) FFO 41.01 4.7


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Gladstone Commercial Corporation, Inc. (GOOD) 2,233.82 7.4
Ventas, Inc. (VTR) 997.78 6.8
Paramount Group, Inc. (PGRE) 630.21 6.0
Ryman Hospitality Properties, Inc. (RHP) 366.95 6.3
Empire State Realty Trust, Inc. (ESRT) 218.77 6.0
Washington Real Estate Investment Trust (WRE) 194.85 7.0
SBA Communications Corporation (SBAC) 88.54 6.8
UDR Inc. (UDR) 84.76 8.7
Equinix, Inc. (EQIX) 80.87 7.9
Brandywine Realty Trust (BDN) 73.91 7.1


Beta


REITs With Highest Beta

Symbol Beta RR
Ashford Hospitality Trust, Inc. (AHT) 2.26 3.7
Arlington Asset Investment Corp. (AI) 1.95 5.5
Drive Shack Inc. (DS) 1.74 3.2
Service Properties Trust, Inc. (SVC) 1.71 3.3
Seritage Growth Properties, Inc. (SRG) 1.53 4.1
Hersha Hospitality Trust (HT) 1.49 4.8
Macerich Company (MAC) 1.46 6.1
Park Hotels & Resorts, Inc. (PK) 1.45 5.8
DigitalBridge Group, Inc. (DBRG) 1.40 3.6
DiamondRock Hospitality Co. (DRH) 1.37 6.9

REITs With Lowest Beta

Symbol Beta RR
Bluerock Residential Growth REIT, Inc. (BRG) 0.02 7.0
Equity Commonwealth (EQC) 0.27 5.6
Manhattan Bridge Capital, Inc. (LOAN) 0.31 5.8
Alpine Income Property Trust, Inc. (PINE) 0.33 6.5
Easterly Government Properties, Inc. (DEA) 0.35 7.6
Wheeler Real Estate Investment Trust Inc (WHLR) 0.36 4.6
National Health Investors, Inc. (NHI) 0.36 5.7
LTC Properties, Inc. (LTC) 0.37 7.0
Global Self Storage, Inc. (SELF) 0.41 6.9
New York City REIT, Inc. (NYC) 0.46 1.7

REIT News Headlines

Symbol RR Headline
SITC 6.9 CoreSite Expands in Miami, Completes Acquisition of State-of-the-Art Data Center

Last updated: 2022-09-27 - v1.2