Sectors & Industries Real EstateREIT - Specialty
Best Specialty REIT Stocks to Buy Now (2024)
Top specialty reit stocks in 2024 ranked by overall Zen Score. See the best specialty reit stocks to buy now, according to analyst forecasts for the reit - specialty industry.

Industry: REIT - Specialty

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
SBAC	SBA COMMUNICATIONS CORP	$25.77B	$239.82	$251.17	4.73%	Strong Buy	12	0.89%	61.27%	-25.40%	13.80%
GLPI	GAMING & LEISURE PROPERTIES INC	$14.00B	$51.02	$52.18	2.27%	Buy	14	3.77%	14.06%	25.46%	8.94%
DLR	DIGITAL REALTY TRUST INC	$53.03B	$161.98	$159.62	-1.46%	Buy	13	6.25%	29.36%	13.96%	6.57%
EQIX	EQUINIX INC	$82.22B	$866.02	$888.46	2.59%	Strong Buy	11	6.88%	49.15%	31.47%	11.76%
LAMR	LAMAR ADVERTISING CO	$13.94B	$136.24	$128.75	-5.50%	Buy	4	3.40%	31.12%	78.62%	14.30%
AMT	AMERICAN TOWER CORP	$103.55B	$221.70	$237.33	7.05%	Strong Buy	12	-2.21%	25.15%	N/A	N/A
OUT	OUTFRONT MEDIA INC	$3.08B	$18.53	$18.50	-0.16%	Buy	4	1.22%	11.01%	35.96%	5.37%
EPR	EPR PROPERTIES	$3.69B	$48.79	$47.56	-2.51%	Hold	8	-4.29%	26.11%	15.24%	6.55%
RYN	RAYONIER INC	$4.73B	$31.74	$32.50	2.39%	Hold	2	-7.91%	-28.54%	4.95%	2.53%
WY	WEYERHAEUSER CO	$23.70B	$32.59	$35.83	9.95%	Buy	6	1.34%	-9.50%	8.29%	4.96%
IRM	IRON MOUNTAIN INC	$35.55B	$121.20	$126.80	4.62%	Strong Buy	5	8.12%	85.68%	-1,278.21%	9.45%
CCI	CROWN CASTLE INC	$48.68B	$112.03	$115.50	3.10%	Buy	12	0.05%	34.87%	N/A	N/A
AFCG	AFC GAMMA INC	$207.29M	$10.03	$11.67	16.32%	Buy	3	-2.48%	130.82%	9.73%	6.68%
HASI	HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC	$4.09B	$35.01	$41.10	17.40%	Strong Buy	10	-33.94%	4.13%	15.08%	5.12%
LAND	GLADSTONE LAND CORP	$483.46M	$13.49	$16.00	18.61%	Strong Buy	3	0.55%	N/A	3.11%	1.63%
PCH	POTLATCHDELTIC CORP	$3.39B	$43.01	$47.67	10.83%	Buy	3	-2.53%	18.68%	3.92%	2.45%
FPI	FARMLAND PARTNERS INC	$520.20M	$10.80	N/A	N/A	N/A	N/A	-0.37%	-30.76%	1.42%	0.70%
UNIT	UNITI GROUP INC	$1.32B	$5.39	$5.75	6.68%	Buy	2	24.03%	N/A	-13.90%	6.77%
PW	POWER REIT	$4.44M	$1.31	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Specialty REIT Stocks FAQ

What are the best specialty reit stocks to buy right now in Oct 2024?

According to Zen Score, the 3 best specialty reit stocks to buy right now are:

1. Sba Communications (NASDAQ:SBAC)

Sba Communications (NASDAQ:SBAC) is the top specialty reit stock with a Zen Score of 49, which is 18 points higher than the specialty reit industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Sba Communications has seen its stock return 18.2% over the past year, underperforming other specialty reit stocks by -5 percentage points.

Sba Communications has an average 1 year price target of $251.17, an upside of 4.73% from Sba Communications's current stock price of $239.82.

Sba Communications stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Sba Communications, 58.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 25% 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 second best specialty reit stock with a Zen Score of 44, which is 13 points higher than the specialty reit industry average of 31. It passed 16 out of 38 due diligence checks and has strong fundamentals. Gaming & Leisure Properties has seen its stock return 8.53% over the past year, underperforming other specialty reit stocks by -15 percentage points.

Gaming & Leisure Properties has an average 1 year price target of $52.18, an upside of 2.27% from Gaming & Leisure Properties's current stock price of $51.02.

Gaming & Leisure Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Gaming & Leisure Properties, 21.43% have issued a Strong Buy rating, 35.71% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Digital Realty Trust (NYSE:DLR)

Digital Realty Trust (NYSE:DLR) is the third best specialty reit stock with a Zen Score of 43, which is 12 points higher than the specialty reit industry average of 31. It passed 16 out of 38 due diligence checks and has strong fundamentals. Digital Realty Trust has seen its stock return 30.92% over the past year, overperforming other specialty reit stocks by 7 percentage points.

Digital Realty Trust has an average 1 year price target of $159.62, a downside of -1.46% from Digital Realty Trust's current stock price of $161.98.

Digital Realty Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Digital Realty Trust, 38.46% have issued a Strong Buy rating, 23.08% have issued a Buy, 30.77% have issued a hold, while 0% have issued a Sell rating, and 7.69% have issued a Strong Sell.

What are the specialty reit stocks with highest dividends?

Out of 16 specialty reit stocks that have issued dividends in the past year, the 3 specialty reit stocks with the highest dividend yields are:

1. Uniti Group (NASDAQ:UNIT)

Uniti Group (NASDAQ:UNIT) has an annual dividend yield of 8.35%, which is 4 percentage points higher than the specialty reit industry average of 3.99%. Uniti Group's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Uniti Group's dividend has not shown consistent growth over the last 10 years.

Uniti Group's dividend payout ratio of -461.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Epr Properties (NYSE:EPR)

Epr Properties (NYSE:EPR) has an annual dividend yield of 6.32%, which is 2 percentage points higher than the specialty reit industry average of 3.99%. 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 124.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Gaming & Leisure Properties (NASDAQ:GLPI)

Gaming & Leisure Properties (NASDAQ:GLPI) has an annual dividend yield of 5.9%, which is 2 percentage points higher than the specialty reit industry average of 3.99%. 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 102.8% 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 0.51% in the last day, and up 0.56% 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 WallStreetZen's Valuation Score, the 3 most undervalued specialty reit stocks right now are:

1. Gaming & Leisure Properties (NASDAQ:GLPI)

Gaming & Leisure Properties (NASDAQ:GLPI) is the most undervalued specialty reit stock based on WallStreetZen's Valuation Score. Gaming & Leisure Properties has a valuation score of 71, which is 40 points higher than the specialty reit industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has gained 8.53% in the past year. It has underperformed other stocks in the specialty reit industry by -15 percentage points.

2. Afc Gamma (NASDAQ:AFCG)

Afc Gamma (NASDAQ:AFCG) is the second most undervalued specialty reit stock based on WallStreetZen's Valuation Score. Afc Gamma has a valuation score of 71, which is 40 points higher than the specialty reit industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Afc Gamma's stock has dropped -13.24% in the past year. It has underperformed other stocks in the specialty reit industry by -37 percentage points.

3. Sba Communications (NASDAQ:SBAC)

Sba Communications (NASDAQ:SBAC) is the third most undervalued specialty reit stock based on WallStreetZen's Valuation Score. Sba Communications has a valuation score of 57, which is 26 points higher than the specialty reit industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Sba Communications's stock has gained 18.2% in the past year. It has underperformed other stocks in the specialty reit industry by -5 percentage points.

Are specialty reit stocks a good buy now?

52.94% of specialty reit stocks rated by analysts are a buy right now. On average, analysts expect specialty reit stocks to rise by 3.16% over the next year.

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

The average P/E ratio of the reit - specialty industry is 56.83x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.