Sectors & IndustriesReal EstateREIT - Specialty
Best Specialty REIT Stocks to Buy Now (2026)
Top specialty reit stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best specialty reit stocks to buy now. Learn More.

Industry: REIT - Specialty
F
REIT - Specialty is Zen Rated F and is the 134th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Value
Growth
Momentum
Sentiment
Safety
Financials
AI
1w Zen Rating
1m Zen Rating
3m Zen Rating
1y Zen Rating
OUT
OUTFRONT MEDIA INC
BCBCBBCCBBBC
GLPI
GAMING & LEISURE PROPERTIES INC
CCDCBCCCCCCC
AFCG
ADVANCED FLOWER CAPITAL INC
CBCDFDCDCCCC
IRM
IRON MOUNTAIN INC
CCBCCBCCCCCC
HASI
HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC
CCCCCCCCCCCD

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Use the proven Zen Ratings quant model to find stocks with high potential to beat the market. Stocks Zen-Rated "A" have beaten the market by +32.52% annually. Learn More

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Specialty REIT Stocks FAQ

What are the best specialty reit stocks to buy right now in Mar 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best specialty reit stocks to buy right now are:

1. Outfront Media (NYSE:OUT)


Outfront Media (NYSE:OUT) is the #1 top specialty reit stock out of 18 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Outfront Media (NYSE:OUT) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.

Outfront Media (NYSE:OUT) has a Due Diligence Score of 33, which is -1 points lower than the specialty reit industry average of 34. Although this number is below the industry average, our proven quant model rates OUT as a "B".

OUT passed 13 out of 38 due diligence checks and has average fundamentals. Outfront Media has seen its stock return 70.24% over the past year, overperforming other specialty reit stocks by 62 percentage points.

Outfront Media has an average 1 year price target of $28.50, an upside of 6.7% from Outfront Media's current stock price of $26.71.

Outfront Media stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Outfront Media, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Gaming & Leisure Properties (NASDAQ:GLPI)


Gaming & Leisure Properties (NASDAQ:GLPI) is the #2 top specialty reit stock out of 18 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Gaming & Leisure Properties (NASDAQ:GLPI) is: Value: C, Growth: D, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.

Gaming & Leisure Properties (NASDAQ:GLPI) has a Due Diligence Score of 45, which is 11 points higher than the specialty reit industry average of 34.

GLPI passed 16 out of 38 due diligence checks and has strong fundamentals. Gaming & Leisure Properties has seen its stock lose -3.7% over the past year, underperforming other specialty reit stocks by -12 percentage points.

Gaming & Leisure Properties has an average 1 year price target of $51.39, an upside of 8.01% from Gaming & Leisure Properties's current stock price of $47.58.

Gaming & Leisure Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Gaming & Leisure Properties, 22.22% have issued a Strong Buy rating, 22.22% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Advanced Flower Capital (NASDAQ:AFCG)


Advanced Flower Capital (NASDAQ:AFCG) is the #3 top specialty reit stock out of 18 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Advanced Flower Capital (NASDAQ:AFCG) is: Value: B, Growth: C, Momentum: D, Sentiment: F, Safety: D, Financials: C, and AI: D.

Advanced Flower Capital (NASDAQ:AFCG) has a Due Diligence Score of 22, which is -12 points lower than the specialty reit industry average of 34.

AFCG passed 9 out of 38 due diligence checks and has weak fundamentals. Advanced Flower Capital has seen its stock lose -61.09% over the past year, underperforming other specialty reit stocks by -70 percentage points.

What are the specialty reit stocks with highest dividends?

Out of 15 specialty reit stocks that have issued dividends in the past year, the 3 specialty reit stocks with the highest dividend yields are:

1. Rayonier (NYSE:RYN)


Rayonier (NYSE:RYN) has an annual dividend yield of 10.99%, which is 6 percentage points higher than the specialty reit industry average of 5.44%. Rayonier's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Rayonier's dividend has shown consistent growth over the last 10 years.

Rayonier's dividend payout ratio of 81.2% indicates that its high dividend yield is sustainable for the long-term.

2. Gaming & Leisure Properties (NASDAQ:GLPI)


Gaming & Leisure Properties (NASDAQ:GLPI) has an annual dividend yield of 6.56%, which is 1 percentage points higher than the specialty reit industry average of 5.44%. Gaming & Leisure Properties's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Gaming & Leisure Properties's dividend has shown consistent growth over the last 10 years.

Gaming & Leisure Properties's dividend payout ratio of 105.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Epr Properties (NYSE:EPR)


Epr Properties (NYSE:EPR) has an annual dividend yield of 6.32%, which is 1 percentage points higher than the specialty reit industry average of 5.44%. Epr Properties's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Epr Properties's dividend has not shown consistent growth over the last 10 years.

Epr Properties's dividend payout ratio of 107.1% indicates that its high dividend yield might not be sustainable for the long-term.

Why are specialty reit stocks up?

Specialty reit stocks were up 0.24% in the last day, and up 0.54% over the last week.

We couldn't find a catalyst for why specialty reit stocks are up.

What are the most undervalued specialty reit stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued specialty reit stocks right now are:

1. Advanced Flower Capital (NASDAQ:AFCG)


Advanced Flower Capital (NASDAQ:AFCG) is the most undervalued specialty reit stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Advanced Flower Capital has a valuation score of 43, which is 10 points higher than the specialty reit industry average of 33. It passed 3 out of 7 valuation due diligence checks.

Advanced Flower Capital's stock has dropped -61.09% in the past year. It has underperformed other stocks in the specialty reit industry by -70 percentage points.

2. Gaming & Leisure Properties (NASDAQ:GLPI)


Gaming & Leisure Properties (NASDAQ:GLPI) is the second most undervalued specialty reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Gaming & Leisure Properties has a valuation score of 71, which is 38 points higher than the specialty reit industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has dropped -3.7% in the past year. It has underperformed other stocks in the specialty reit industry by -12 percentage points.

3. Epr Properties (NYSE:EPR)


Epr Properties (NYSE:EPR) is the third most undervalued specialty reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Epr Properties has a valuation score of 43, which is 10 points higher than the specialty reit industry average of 33. It passed 3 out of 7 valuation due diligence checks.

Epr Properties's stock has gained 10.67% in the past year. It has overperformed other stocks in the specialty reit industry by 2 percentage points.

Are specialty reit stocks a good buy now?

57.14% of specialty reit stocks rated by analysts are a buy right now. On average, analysts expect specialty reit stocks to rise by 8.29% over the next year.

0% of specialty reit stocks have a Zen Rating of A (Strong Buy), 5.88% of specialty reit stocks are rated B (Buy), 58.82% are rated C (Hold), 29.41% are rated D (Sell), and 5.88% are rated F (Strong Sell).

What is the average p/e ratio of the reit - specialty industry?

The average P/E ratio of the reit - specialty industry is 62.46x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.