Sectors & IndustriesReal EstateREIT - Specialty
Best Specialty REIT Stocks to Buy Now (2025)
Top specialty reit stocks in 2025 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 128th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SBAC
SBA COMMUNICATIONS CORP
$21.03B$197.40$236.1519.63%Buy132.42%5.63%-21.84%9.57%
EPR
EPR PROPERTIES
$3.88B$50.96$59.3616.48%Buy72.36%9.98%N/AN/A
OUT
OUTFRONT MEDIA INC
$3.37B$20.16$19.50-3.27%Buy42.27%17.68%N/AN/A
GLPI
GAMING & LEISURE PROPERTIES INC
$12.72B$44.95$51.3914.32%Buy93.22%4.35%N/AN/A
RYN
RAYONIER INC
$3.54B$23.03$27.0017.24%Hold2-22.74%-48.42%4.57%2.98%
IRM
IRON MOUNTAIN INC
$30.78B$104.12$117.6713.01%Strong Buy37.15%69.38%N/AN/A
HASI
HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC
$4.05B$32.03$38.3319.68%Strong Buy310.26%8.09%16.53%5.25%
LAMR
LAMAR ADVERTISING CO
$12.80B$126.35$127.751.11%Buy43.31%20.73%65.11%9.85%
AMT
AMERICAN TOWER CORP
$83.31B$177.95$231.8930.31%Strong Buy93.42%6.98%96.45%5.97%
CCI
CROWN CASTLE INC
$38.99B$89.54$118.1531.96%Strong Buy13-2.55%N/A-145.83%6.91%
AFCG
ADVANCED FLOWER CAPITAL INC
$70.49M$3.12$4.5044.23%Hold13.34%N/A27.95%17.77%
UNIT
UNITI GROUP INC
$1.55B$6.49$5.65-12.94%Hold236.29%N/A3.56%0.20%
LAND
GLADSTONE LAND CORP
$349.94M$9.39N/AN/AN/AN/A9.01%N/AN/AN/A
EQIX
EQUINIX INC
$80.98B$824.75$938.8813.84%Strong Buy177.01%17.60%13.75%5.12%
WY
WEYERHAEUSER CO
$16.64B$23.08$29.6728.54%Strong Buy63.59%20.85%13.37%7.57%
DLR
DIGITAL REALTY TRUST INC
$58.36B$169.89$195.5815.12%Buy128.27%-22.97%10.44%4.93%
FPI
FARMLAND PARTNERS INC
$418.05M$9.70N/AN/AN/AN/A-7.01%-59.56%1.74%1.06%
PW
POWER REIT
$2.37M$0.70N/AN/AN/AN/AN/AN/AN/AN/A
PCH
POTLATCHDELTIC CORP
$3.20B$41.40$48.0015.94%Buy20.73%10.21%5.01%3.01%

Specialty REIT Stocks FAQ

What are the best specialty reit stocks to buy right now in Nov 2025?

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. Sba Communications (NASDAQ:SBAC)


Sba Communications (NASDAQ:SBAC) is the #1 top specialty reit stock out of 19 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 Sba Communications (NASDAQ:SBAC) is: Value: C, Growth: C, Momentum: D, Sentiment: C, Safety: B, Financials: B, and AI: C.

Sba Communications (NASDAQ:SBAC) has a Due Diligence Score of 45, which is 13 points higher than the specialty reit industry average of 32.

SBAC passed 16 out of 38 due diligence checks and has strong fundamentals. Sba Communications has seen its stock lose -10.91% over the past year, underperforming other specialty reit stocks by -2 percentage points.

Sba Communications has an average 1 year price target of $236.15, an upside of 19.63% from Sba Communications's current stock price of $197.40.

Sba Communications stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Sba Communications, 38.46% have issued a Strong Buy rating, 15.38% have issued a Buy, 46.15% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Epr Properties (NYSE:EPR)


Epr Properties (NYSE:EPR) is the #2 top specialty reit stock out of 19 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 Epr Properties (NYSE:EPR) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.

Epr Properties (NYSE:EPR) has a Due Diligence Score of 32, which is equal to the specialty reit industry average of 32.

EPR passed 12 out of 38 due diligence checks and has average fundamentals. Epr Properties has seen its stock return 14.13% over the past year, overperforming other specialty reit stocks by 23 percentage points.

Epr Properties has an average 1 year price target of $59.36, an upside of 16.48% from Epr Properties's current stock price of $50.96.

Epr Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Epr Properties, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Outfront Media (NYSE:OUT)


Outfront Media (NYSE:OUT) is the #3 top specialty reit stock out of 19 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 Outfront Media (NYSE:OUT) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.

Outfront Media (NYSE:OUT) has a Due Diligence Score of 24, which is -8 points lower than the specialty reit industry average of 32.

OUT passed 9 out of 38 due diligence checks and has weak fundamentals. Outfront Media has seen its stock return 9.26% over the past year, overperforming other specialty reit stocks by 19 percentage points.

Outfront Media has an average 1 year price target of $19.50, a downside of -3.27% from Outfront Media's current stock price of $20.16.

Outfront Media stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Outfront Media, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the specialty reit stocks with highest dividends?

Out of 17 specialty reit stocks that have issued dividends in the past year, the 3 specialty reit stocks with the highest dividend yields are:

1. Advanced Flower Capital (NASDAQ:AFCG)


Advanced Flower Capital (NASDAQ:AFCG) has an annual dividend yield of 27.56%, which is 21 percentage points higher than the specialty reit industry average of 6.2%. Advanced Flower Capital's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Advanced Flower Capital's dividend has not shown consistent growth over the last 10 years.

Advanced Flower Capital's dividend payout ratio of -241.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Rayonier (NYSE:RYN)


Rayonier (NYSE:RYN) has an annual dividend yield of 16.26%, which is 10 percentage points higher than the specialty reit industry average of 6.2%. Rayonier's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Rayonier's dividend has shown consistent growth over the last 10 years.

Rayonier's dividend payout ratio of 84.8% indicates that its high dividend yield is sustainable for the long-term.

3. Epr Properties (NYSE:EPR)


Epr Properties (NYSE:EPR) has an annual dividend yield of 6.9%, which is 1 percentage points higher than the specialty reit industry average of 6.2%. 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 151.7% 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 1.63% in the last day, and up 0.17% over the last week. Outfront Media was the among the top gainers in the reit - specialty industry, gaining 14.42% yesterday.

Outfront Media shares are trading higher after the company reported Q3 earnings and revenue above estimates.

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 C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Advanced Flower Capital has a valuation score of 14, which is -17 points higher than the specialty reit industry average of 31. It passed 1 out of 7 valuation due diligence checks.

Advanced Flower Capital's stock has dropped -68.16% in the past year. It has underperformed other stocks in the specialty reit industry by -59 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 43, which is 12 points higher than the specialty reit industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has dropped -8.99% in the past year. It has performed in line with other stocks in the specialty reit industry.

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 12 points higher than the specialty reit industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Epr Properties's stock has gained 14.13% in the past year. It has overperformed other stocks in the specialty reit industry by 23 percentage points.

Are specialty reit stocks a good buy now?

43.75% of specialty reit stocks rated by analysts are a buy right now. On average, analysts expect specialty reit stocks to rise by 16.24% over the next year.

0% of specialty reit stocks have a Zen Rating of A (Strong Buy), 0% of specialty reit stocks are rated B (Buy), 82.35% are rated C (Hold), 5.88% are rated D (Sell), and 11.76% 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 50.28x.
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