REITReview of Trading Day 2021-07-23


REITReview gives a quick summary of the last trading day, in this case 2021-07-23. 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
Orchid Island Capital, Inc. (ORC) 15.42% 3.6
Cherry Hill Mortgage Investment Corp. (CHMI) 11.71% 3.2
Armour Residential REIT Inc. (ARR) 11.70% 2.5
Ready Capital Corp. (RC) 11.19% 5.0
Ellington Residential Mortgage REIT (EARN) 10.86% 4.0
Two Harbors Investment Corp. (TWO) 10.83% 2.2
Invesco Mortgage Capital, Inc. (IVR) 10.53% 3.4
Annaly Capital Management, Inc. (NLY) 10.49% 2.6
American Finance Trust, Inc. (AFIN) 10.12% 6.4
Capstead Mortgage Corporation (CMO) 9.87% 3.9

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Weingarten Realty Investors (WRI) 2021-07-27 7.5
Agree Realty Corp. (ADC) 2021-07-29 9.3
AGNC Investment Corp. (AGNC) 2021-07-29 2.3
Entertainment Properties Trust, Inc. (EPR) 2021-07-29 6.0
National Retail Properties, Inc. (NNN) 2021-07-29 8.0
Orchid Island Capital, Inc. (ORC) 2021-07-29 3.6
Tanger Factory Outlet Centers, Inc. (SKT) 2021-07-29 5.8
SL Green Realty Corp (SLG) 2021-07-29 7.0
STAG Industrial, Inc. (STAG) 2021-07-29 9.2
Broadmark Realty Capital (BRMK) 2021-07-29 2.0


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
CBL & Associates Properties, Inc. (CBLAQ) $0.14 3.3
Washington Prime Group, Inc. (WPG) $1.75 4.4
Impac Mortgage Holdings, Inc. (IMH) $1.91 1.0
Pennsylvania Real Estate Investment Trust, Inc. (PEI) $2.05 3.6
Drive Shack Inc. (DS) $2.54 3.1
Sotherly Hotels, Inc. (SOHO) $2.71 4.1
Wheeler Real Estate Investment Trust Inc (WHLR) $2.98 4.2
Western Asset Mortgage Capital Corp (WMC) $3.10 3.4
Invesco Mortgage Capital, Inc. (IVR) $3.42 3.4
Diversified Healthcare Trust (DHC) $3.94 4.0

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $833.48 8.4
SBA Communications Corporation (SBAC) $337.04 6.8
Essex Property Trust, Inc. (ESS) $331.91 8.3
Public Storage (PSA) $313.80 8.7
American Tower Corp (AMT) $285.26 8.1
Alexander's Inc. (ALX) $281.09 6.8
AvalonBay Communities, Inc. (AVB) $226.80 8.6
Innovative Industrial Properties, Inc. (IIPR) $212.35 7.1
Alexandria Real Estate Equities, Inc. (ARE) $196.94 9.0
Crown Castle International Corp. (CCI) $193.45 8.1


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
AG Mortgage Investment Trust, Inc. (MITT) 192.14% $329,846,361.0 3.8
Ashford Hospitality Trust, Inc. (AHT) -9.92% -$375,057,828 2.6
Wheeler Real Estate Investment Trust Inc (WHLR) -7.45% -$2,329,617 4.2
Sachem Capital Corp. (SACH) -4.98% -$6,633,421 6.1
Corenergy Infrastructure Trust, Inc. (CORR) -4.83% -$3,822,426 4.1
Armour Residential REIT Inc. (ARR) -4.47% -$34,197,132 2.5
Washington Prime Group, Inc. (WPG) -4.37% -$1,509,214 4.4
First Trust S&P REIT Index Fund ETF (FRI) 4.3% $7,252,001.0 N/A
Medalist Diversified REIT, Inc. (MDRR) -4% -$802,631 N/A
DiamondRock Hospitality Co. (DRH) -3.52% -$67,280,565 3.9

REITs With Highest Market Cap

Symbol Beta RR
American Tower Corp (AMT) $126,882,530,637 8.1
Prologis, Inc. (PLD) $94,609,568,970 9.3
Crown Castle International Corp. (CCI) $83,607,087,019 8.1
Equinix, Inc. (EQIX) $74,663,060,053 8.4
Public Storage (PSA) $54,908,140,332 8.7
Digital Realty Trust (DLR) $43,606,669,983 9.2
Simon Property Group (SPG) $40,787,172,317 6.0
SBA Communications Corporation (SBAC) $36,853,516,117 6.8
Welltower, Inc. (WELL) $36,641,599,080 6.8
Equity Residential (EQR) $31,723,136,247 8.4


REITRating™


Top 10 REITs

Overall Score Symbol
9.4 Duke Realty Corporation (DRE)
9.3 Agree Realty Corp. (ADC)
9.3 Terreno Realty Corp. (TRNO)
9.3 Prologis, Inc. (PLD)
9.2 Digital Realty Trust (DLR)
9.2 STAG Industrial, Inc. (STAG)
9.1 Rexford Industrial Realty, Inc. (REXR)
9.0 Alexandria Real Estate Equities, Inc. (ARE)
9.0 Sun Communities, Inc. (SUI)
8.9 EastGroup Properties, Inc. (EGP)

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
Presidio Property Trust (SQFT) FFO Core 428 3.2
Apple Hospitality REIT, Inc. (APLE) FFO 243.33 4.7
Equity Commonwealth (EQC) FFO 204.08 5.2
Equity Commonwealth (EQC) Normalized FFO 189.5 5.2
Apple Hospitality REIT, Inc. (APLE) Modified FFO 162.22 4.7
Safehold Inc. (SAFE) AFFO 138.65 6.4
Entertainment Properties Trust, Inc. (EPR) FFO 114.98 6.0
NetSTREIT Corp. (NTST) FFO 87.59 6.2
Safehold Inc. (SAFE) FFO 75.96 6.4
Host Hotels & Resorts, Inc. (HST) FFO 75.14 4.0


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Centerspace (CSR) 7,198.43 1.3
American Campus Communities, Inc. (ACC) 1,303.63 7.3
Gladstone Commercial Corporation, Inc. (GOOD) 975.74 7.6
Ladder Capital Corp (LADR) 873.81 2.8
Acadia Realty Trust (AKR) 408.77 6.8
Equity Commonwealth (EQC) 390.15 5.2
UDR Inc. (UDR) 280.11 7.8
Vereit, Inc. (VER) 272.88 7.9
SBA Communications Corporation (SBAC) 271.81 6.8
Rayonier, Inc. (RYN) 235.26 7.7


Beta


REITs With Highest Beta

Symbol Beta RR
Ashford Hospitality Trust, Inc. (AHT) 2.50 2.6
Exantas Capital Corp. (XAN) 1.95 3.3
Hersha Hospitality Trust (HT) 1.82 3.5
Washington Prime Group, Inc. (WPG) 1.77 4.4
Cedar Realty Trust, Inc. (CDR) 1.76 6.7
Seritage Growth Properties, Inc. (SRG) 1.72 4.0
Sotherly Hotels, Inc. (SOHO) 1.67 4.1
DiamondRock Hospitality Co. (DRH) 1.65 3.9
Impac Mortgage Holdings, Inc. (IMH) 1.61 1.0
RLJ Lodging Trust (RLJ) 1.61 3.7

REITs With Lowest Beta

Symbol Beta RR
The Geo Group, Inc. (GEO) 0.14 6.1
Global Self Storage, Inc. (SELF) 0.25 6.3
Equity Commonwealth (EQC) 0.26 5.2
Manhattan Bridge Capital, Inc. (LOAN) 0.31 5.4
Public Storage (PSA) 0.34 8.7
Life Storage, Inc. (LSI) 0.34 7.3
Corrections Corp of America (CoreCivic) (CXW) 0.35 5.7
Postal Realty Trust, Inc. (PSTL) 0.36 5.5
Landmark Infrastructure Partners LP (LMRK) 0.36 5.5
CubeSmart (CUBE) 0.38 8.8

REIT News Headlines

Symbol RR Headline
CORR 4.1 CorEnergy Infrastructure Trust, Inc. Daily Stock Update
FCPT 8.3 FCPT - FCPT Announces Acquisition of a Dual-Tenant Aspen Dental / Starbucks for $3.4 million
SACH 6.1 Sachem Capital Announces $200 Million Master Repurchase Financing Facility with Churchill MRA Funding
PEB 3.8 Pebblebrook Hotel Trust - Pebblebrook Hotel Trust Announces Redemption of 6.50% Series C Cumulative Redeemable Preferred Shares

Last updated: 2021-07-23