REITReview of Trading Day 2023-09-25


REITReview gives a quick summary of the last trading day, in this case 2023-09-25. 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
Equity Commonwealth (EQC) 22.95% 6.6
Orchid Island Capital, Inc. (ORC) 21.36% 5.8
Armour Residential REIT Inc. (ARR) 21.33% 4.5
Office Properties Income Trust (OPI) 20.62% 5.6
Brandywine Realty Trust (BDN) 17.47% 6.6
Global Net Lease, Inc. (GNL) 16.33% 5.6
Invesco Mortgage Capital, Inc. (IVR) 15.78% 6.2
Granite Point Mortgage Trust Inc. (GPMT) 15.72% 5.4
AFC Gamma, Inc. (AFCG) 15.36% 2.0
Ellington Residential Mortgage REIT (EARN) 15.00% 4.4

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Armada Hoffler Properties, Inc. (AHH) 2023-09-26 8.1
Getty Realty Corp. (GTY) 2023-09-27 8.5
TPG Real Estate Finance Trust, Inc. (TRTX) 2023-09-27 3.9
Ares Commercial Real Estate Corp (ACRE) 2023-09-28 4.9
Agree Realty Corp. (ADC) 2023-09-28 9.1
AGNC Investment Corp. (AGNC) 2023-09-28 2.8
Braemar Hotels & Resorts, Inc (BHR) 2023-09-28 6.8
Acadia Realty Trust (AKR) 2023-09-28 7.8
Apple Hospitality REIT, Inc. (APLE) 2023-09-28 8.5
Alexandria Real Estate Equities, Inc. (ARE) 2023-09-28 8.7


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
Drive Shack Inc. (DSHK) $0.27 3.3
Presidio Property Trust (SQFT) $0.76 4.1
Corenergy Infrastructure Trust, Inc. (CORR) $0.81 3.9
Power REIT (PW) $1.16 5.9
Innsuites Hospitality Trust (IHT) $1.45 4.7
Sotherly Hotels, Inc. (SOHO) $1.66 4.3
Franklin Street Properties Corp. (FSP) $1.77 3.9
Regional Health Properties,Inc. (RHE) $2.21 4.2
Ashford Hospitality Trust, Inc. (AHT) $2.23 4.3
Diversified Healthcare Trust (DHC) $2.34 4.0

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $733.35 8.2
Public Storage (PSA) $263.73 8.9
Essex Property Trust, Inc. (ESS) $216.31 8.4
SBA Communications Corporation (SBAC) $201.33 7.1
Alexander's Inc. (ALX) $185.33 5.0
AvalonBay Communities, Inc. (AVB) $177.59 8.4
EastGroup Properties, Inc. (EGP) $169.13 9.0
American Tower Corp (AMT) $165.72 7.3
Mid-America Apartment Communities, Inc. (MAA) $130.48 8.5
Digital Realty Trust (DLR) $123.60 8.1


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
Arlington Asset Investment Corp. (AAIC) 0.25% $283,604.0 N/A
Broadmark Realty Capital (BRMK) 0% $0.0 N/A

REITs With Highest Market Cap

Symbol Beta RR
Prologis, Inc. (PLD) $104,627,371,500 9.0
American Tower Corp (AMT) $77,251,292,940 7.3
Equinix, Inc. (EQIX) $68,615,839,215 8.2
Public Storage (PSA) $46,371,505,068 8.9
Welltower, Inc. (WELL) $43,153,071,999 7.1
Crown Castle International Corp. (CCI) $40,032,866,397 7.8
Digital Realty Trust (DLR) $37,414,868,862 8.1
Simon Property Group (SPG) $36,687,931,315 7.5
Realty Income Corp (O) $36,282,835,606 8.7
VICI Properties Inc. (VICI) $30,149,487,463 8.4


REITRating™


Top 10 REITs

Overall Score Symbol
9.3 Terreno Realty Corp. (TRNO)
9.2 Rexford Industrial Realty, Inc. (REXR)
9.2 Essential Properties Realty Trust Inc (EPRT)
9.1 Agree Realty Corp. (ADC)
9.0 EastGroup Properties, Inc. (EGP)
9.0 Prologis, Inc. (PLD)
8.9 Public Storage (PSA)
8.8 CubeSmart (CUBE)
8.8 Kimco Realty Corp, Inc. (KIM)
8.7 First Industrial Realty Trust, Inc. (FR)

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
DigitalBridge Group, Inc. (DBRG) Core FFO 148.17 3.9
Veris Residential, Inc. (VRE) FFO 104.5 5.8
DigitalBridge Group, Inc. (DBRG) Distributable Earnings 89.68 3.9
Corenergy Infrastructure Trust, Inc. (CORR) Nareit FFO 81 3.9
American Strategic Investment Co. (NYC) CORE FFO 78.33 N/A
Diversified Healthcare Trust (DHC) FFO 78 4.0
Presidio Property Trust (SQFT) FFO Core 76 4.1
Monmouth Real Estate Investment Corp (MNR) FFO Core 44.64 N/A
Retail Properties of America, Inc (RPAI) FFO 44.3 N/A
Arbor Realty Trust, Inc. (ABR) FFO 43.5 5.1


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Dynex Capital, Inc. (DX) 402.64 5.3
Welltower, Inc. (WELL) 343.05 7.1
Ventas, Inc. (VTR) 222.02 6.5
NetSTREIT Corp. (NTST) 189.74 6.5
Kite Realty Group (KRG) 165.72 7.9
Urban Edge Properties (UE) 119.16 6.9
Digital Realty Trust (DLR) 98.88 8.1
Community Healthcare Trust (CHCT) 93.95 7.9
Equinix, Inc. (EQIX) 84.58 8.2
American Tower Corp (AMT) 80.06 7.3


Beta


REITs With Highest Beta

Symbol Beta RR
Safehold Inc. (SAFE) 2.96 6.7
DigitalBridge Group, Inc. (DBRG) 2.04 3.9
Uniti Group, Inc. (UNIT) 1.95 4.3
Diversified Healthcare Trust (DHC) 1.93 4.0
Ashford Hospitality Trust, Inc. (AHT) 1.87 4.3
Industrial Logistics Properties Trust (ILPT) 1.82 4.2
TPG Real Estate Finance Trust, Inc. (TRTX) 1.62 3.9
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 1.61 5.5
Hudson Pacific Properties (HPP) 1.60 6.2
SL Green Realty Corp (SLG) 1.58 7.0

REITs With Lowest Beta

Symbol Beta RR
Generation Income Properties Inc. (GIPR) 0.16 2.0
Global Self Storage, Inc. (SELF) 0.30 7.2
Modiv Inc. (MDV) 0.34 3.3
Manhattan Bridge Capital, Inc. (LOAN) 0.36 6.5
Equity Commonwealth (EQC) 0.40 6.6
Public Storage (PSA) 0.41 8.9
Agree Realty Corp. (ADC) 0.48 9.1
Presidio Property Trust (SQFT) 0.49 4.1
Alpine Income Property Trust, Inc. (PINE) 0.50 6.3
LTC Properties, Inc. (LTC) 0.52 7.7

REIT News Headlines

Symbol RR Headline
NXRT 6.0 NexPoint Residential Trust, Inc - NexPoint Residential Trust, Inc. Completes the Sale of Silverbrook and Further Paydown of the Corporate Credit Facility
DHC 4.0 Diversified Healthcare Trust - Diversified Healthcare Trust Provides Monthly SHOP Performance Update
GNL 5.6 - Global Net Lease, Inc. Announces Preferred Stock Dividends

Last updated: 2023-09-25 - v1.2