REITReview of Trading Day 2024-10-03


REITReview gives a quick summary of the last trading day, in this case 2024-10-03. 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
CIM Commercial Trust Corp (CMCT) 65.60% 6.1
Orchid Island Capital, Inc. (ORC) 18.00% 5.7
Invesco Mortgage Capital, Inc. (IVR) 17.50% 6.5
Cherry Hill Mortgage Investment Corp. (CHMI) 17.40% 2.7
Service Properties Trust, Inc. (SVC) 17.20% 4.9
Ready Capital Corp. (RC) 15.60% 4.0
Ares Commercial Real Estate Corp (ACRE) 14.90% 4.2
Armour Residential REIT Inc. (ARR) 14.40% 6.2
AGNC Investment Corp. (AGNC) 14.00% 3.7
Ellington Residential Mortgage REIT (EARN) 14.00% 4.2

*Forward Annualized


REITs With Upcoming Dividend Date

Symbol Ex-Dividend Date RR
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 2024-10-04 5.8
Healthcare Trust, Inc. (HTIA) 2024-10-04 4.5
Invesco Mortgage Capital, Inc. (IVR) 2024-10-07 6.5
American Tower Corp (AMT) 2024-10-09 7.7
Brandywine Realty Trust (BDN) 2024-10-09 5.6
Kite Realty Group (KRG) 2024-10-09 8.2
City Office REIT Inc (CIO) 2024-10-10 5.6
UDR Inc. (UDR) 2024-10-10 8.4
Pennymac Mortgage Investment Trust (PMT) 2024-10-11 4.6
Global Net Lease, Inc. (GNL) 2024-10-11 5.5


Stock Prices


Cheapest REIT Stocks

Symbol Closing Price RR
CIM Commercial Trust Corp (CMCT) $0.63 6.1
Presidio Property Trust (SQFT) $0.70 3.4
Ashford Hospitality Trust, Inc. (AHT) $0.73 2.5
Sotherly Hotels, Inc. (SOHO) $1.15 4.0
Selectis Health Inc (GBCS) $1.60 3.4
Franklin Street Properties Corp. (FSP) $1.61 3.9
Regional Health Properties,Inc. (RHE) $1.75 4.1
Power REIT (PW) $1.77 6.1
Regional Health Properties,Inc. (RHE) $1.82 4.1
Innsuites Hospitality Trust (IHT) $1.83 4.9

Most Expensive REIT Stocks

Symbol Closing Price RR
Equinix, Inc. (EQIX) $876.22 8.3
Public Storage (PSA) $352.95 8.9
Essex Property Trust, Inc. (ESS) $289.62 8.0
American Tower Corp (AMT) $229.43 7.7
Alexander's Inc. (ALX) $228.81 5.4
AvalonBay Communities, Inc. (AVB) $220.71 8.6
EastGroup Properties, Inc. (EGP) $180.71 9.1
Extra Space Storage, Inc. (EXR) $176.28 8.6
Simon Property Group (SPG) $168.25 7.7
Digital Realty Trust (DLR) $157.29 7.8


Market Caps


Biggest 1 Day Market Cap Mover

Symbol % Price Change $ Price Change RR
SITE Centers Corp (SITC) -71.8% -$2,281,950,000 7.3
Wheeler Real Estate Investment Trust Inc (WHLR) -16.81% -$849,600 4.1
CIM Commercial Trust Corp (CMCT) -16.45% -$2,380,000 6.1
Armada Hoffler Properties, Inc. (AHH) 12.43% $122,204,000.0 7.5
Braemar Hotels & Resorts, Inc (BHR) -7.32% -$18,453,000 6.4
Power REIT (PW) 7.11% $181,700.0 6.1
Ares Commercial Real Estate Corp (ACRE) -6.98% -$27,805,000 4.2
Presidio Property Trust (SQFT) -6.62% -$690,300 3.4
Two Harbors Investment Corp. (TWO) -6.05% -$87,043,000 6.2
Granite Point Mortgage Trust Inc. (GPMT) -5.99% -$9,630,000 4.2

REITs With Highest Market Cap

Symbol Beta RR
Prologis, Inc. (PLD) $114,979,627,000 8.9
American Tower Corp (AMT) $108,306,973,000 7.7
Equinix, Inc. (EQIX) $84,178,231,000 8.3
Welltower, Inc. (WELL) $77,380,076,000 7.9
Simon Property Group (SPG) $63,183,454,000 7.7
Public Storage (PSA) $62,183,895,000 8.9
Realty Income Corp (O) $54,359,577,000 8.6
Digital Realty Trust (DLR) $53,285,974,000 7.8
Crown Castle International Corp. (CCI) $50,314,166,000 7.2
Extra Space Storage, Inc. (EXR) $39,088,075,000 8.6


REITRating™


Top 10 REITs

Overall Score Symbol
9.4 Terreno Realty Corp. (TRNO)
9.1 Agree Realty Corp. (ADC)
9.1 EastGroup Properties, Inc. (EGP)
9.1 Rexford Industrial Realty, Inc. (REXR)
8.9 Prologis, Inc. (PLD)
8.9 Public Storage (PSA)
8.8 Rayonier, Inc. (RYN)
8.7 AMH (AMH)
8.6 Realty Income Corp (O)
8.6 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
DigitalBridge Group, Inc. (DBRG) Core FFO 126.83 4.2
Farmland Partners, Inc (FPI) FFO 51.62 5.9
Farmland Partners, Inc (FPI) AFFO 46.23 5.9
Arbor Realty Trust, Inc. (ABR) FFO 44.18 5.1
Arbor Realty Trust, Inc. (ABR) AFFO 44.18 5.1
Safehold Inc. (SAFE) AFFO 40.79 6.5
Diversified Healthcare Trust (DHC) Normalized AFFO 40.4 5.5
Welltower, Inc. (WELL) Nareit FFO 38.4 7.9
Iron Mountain, Inc. (IRM) Normalized FFO 38.39 6.9
First Industrial Realty Trust, Inc. (FR) AFFO 37.95 8.2


Price-to-Earnings (P/E) Ratio


REITs With Highest P/E Ratio

Symbol P/E Ratio RR
Acadia Realty Trust (AKR) 2,281.00 7.6
Vornado Realty Trust (VNO) 436.78 6.0
Dynex Capital, Inc. (DX) 411.67 5.0
InvenTrust Properties Corp. (IVT) 316.89 4.0
Sun Communities, Inc. (SUI) 256.06 7.7
NetSTREIT Corp. (NTST) 203.00 6.9
Apollo Commercial Real Estate Finance, Inc. (ARI) 177.40 4.6
Postal Realty Trust, Inc. (PSTL) 161.22 6.5
Iron Mountain, Inc. (IRM) 153.08 6.9
Alexandria Real Estate Equities, Inc. (ARE) 143.51 8.6


Beta


REITs With Highest Beta

Symbol Beta RR
Healthcare Trust, Inc. (HTIA) 674.58 4.5
Seritage Growth Properties, Inc. (SRG) 2.58 3.5
Macerich Company (MAC) 2.48 6.7
Ashford Hospitality Trust, Inc. (AHT) 2.34 2.5
TPG Real Estate Finance Trust, Inc. (TRTX) 2.24 4.6
Diversified Healthcare Trust (DHC) 2.21 5.5
MFA Mortgage Investments, Inc. (MFA) 2.21 5.3
Service Properties Trust, Inc. (SVC) 2.20 4.9
AG Mortgage Investment Trust, Inc. (MITT) 2.07 5.4
ACRES Commercial Realty Corp. (ACR) 2.05 4.0

REITs With Lowest Beta

Symbol Beta RR
InvenTrust Properties Corp. (IVT) -5.96 4.0
Modiv Inc. (MDV) -0.22 2.3
Generation Income Properties Inc. (GIPR) -0.12 3.0
Innsuites Hospitality Trust (IHT) 0.13 4.9
Global Self Storage, Inc. (SELF) 0.28 7.1
Phillips Edison & Company, Inc. (PECO) 0.33 5.2
Equity Commonwealth (EQC) 0.37 6.9
Manhattan Bridge Capital, Inc. (LOAN) 0.54 5.9
CIM Commercial Trust Corp (CMCT) 0.57 6.1
Transcontinental Realty Investors, Inc. (TCI) 0.59 6.8

REIT News Headlines

Symbol RR Headline
NXRT 6.4 NexPoint Residential Trust, Inc - NexPoint Residential Trust, Inc. Completes Refinancings of 17 Properties With 17 Additional Refinancings Expected to Close on November 29th, Sale of Stone Creek at Old Farm, and Announces 3Q 2024 Earnings Call on Oct
PLYM 7.5 Plymouth Industrial REIT Provides Activity Update for Third Quarter 2024
CTRE 8.6 CareTrust - CareTrust REIT Acquires Four Skilled Nursing Facilities in Mid-Atlantic for $74.7 Million; Reports Reloaded Pipeline of $240 Million

Last updated: 2024-10-03 - v1.5