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 +28.50% per year, and are the best specialty reit stocks to buy now. Learn More.

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:

Outfront Media (NYSE:OUT) is the #1 top specialty reit stock out of 19 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% 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 33, which is 2 points higher than the specialty reit industry average of 31.

OUT passed 13 out of 38 due diligence checks and has average fundamentals. Outfront Media has seen its stock return 59.61% over the past year, overperforming other specialty reit stocks by 52 percentage points.

Outfront Media has an average 1 year price target of $38.67, an upside of 33.84% from Outfront Media's current stock price of $28.89.

Outfront Media stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Outfront Media, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Advanced Flower Capital (NASDAQ:AFCG) 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 +5.11% per year. Learn more.

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

Advanced Flower Capital (NASDAQ:AFCG) has a Due Diligence Score of 51, which is 20 points higher than the specialty reit industry average of 31.

AFCG passed 19 out of 38 due diligence checks and has strong fundamentals. Advanced Flower Capital has seen its stock lose -11.47% over the past year, underperforming other specialty reit stocks by -19 percentage points.

Iron Mountain (NYSE:IRM) 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 +5.11% per year. Learn more.

The Component Grade breakdown for Iron Mountain (NYSE:IRM) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.

Iron Mountain (NYSE:IRM) has a Due Diligence Score of 34, which is 3 points higher than the specialty reit industry average of 31.

IRM passed 13 out of 38 due diligence checks and has average fundamentals. Iron Mountain has seen its stock return 5.6% over the past year, underperforming other specialty reit stocks by -2 percentage points.

Iron Mountain has an average 1 year price target of $141.80, an upside of 26.24% from Iron Mountain's current stock price of $112.33.

Iron Mountain stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Iron Mountain, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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:

Rayonier (NYSE:RYN) has an annual dividend yield of 13.62%, which is 8 percentage points higher than the specialty reit industry average of 5.23%. 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 536.1% indicates that its high dividend yield might not be sustainable for the long-term.

Gaming & Leisure Properties (NASDAQ:GLPI) has an annual dividend yield of 8.44%, which is 3 percentage points higher than the specialty reit industry average of 5.23%. 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 92.4% indicates that its high dividend yield might not be sustainable for the long-term.

Epr Properties (NYSE:EPR) has an annual dividend yield of 6.56%, which is 1 percentage points higher than the specialty reit industry average of 5.23%. 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 114.6% indicates that its high dividend yield might not be sustainable for the long-term.

Specialty reit stocks were up 0.1% in the last day, and up 0.2% over the last week.

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

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:

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 100, which is 67 points higher than the specialty reit industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Advanced Flower Capital's stock has dropped -11.47% in the past year. It has underperformed other stocks in the specialty reit industry by -19 percentage points.

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 -17.94% in the past year. It has underperformed other stocks in the specialty reit industry by -26 percentage points.

Sba Communications (NASDAQ:SBAC) 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.

Sba Communications 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.

Sba Communications's stock has dropped -14.23% in the past year. It has underperformed other stocks in the specialty reit industry by -22 percentage points.

42.86% of specialty reit stocks rated by analysts are a strong buy right now. On average, analysts expect specialty reit stocks to rise by 23.02% over the next year.

0% of specialty reit stocks have a Zen Rating of A (Strong Buy), 5.56% of specialty reit stocks are rated B (Buy), 77.78% are rated C (Hold), 5.56% are rated D (Sell), and 11.11% are rated F (Strong Sell).