Sectors & IndustriesReal 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.

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

Sba Communications (NASDAQ:SBAC) is the top 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. Sba Communications has seen its stock return 23.36% over the past year, underperforming other specialty reit stocks by -6 percentage points.

Sba Communications has an average 1 year price target of $243.67, an upside of 3.53% from Sba Communications's current stock price of $235.37.

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.

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 13.26% over the past year, underperforming other specialty reit stocks by -16 percentage points.

Gaming & Leisure Properties has an average 1 year price target of $52.18, an upside of 2.31% from Gaming & Leisure Properties's current stock price of $51.00.

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.

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 33.55% over the past year, overperforming other specialty reit stocks by 4 percentage points.

Digital Realty Trust has an average 1 year price target of $159.23, an upside of 1.42% from Digital Realty Trust's current stock price of $157.00.

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.

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:

Uniti Group (NASDAQ:UNIT) has an annual dividend yield of 8.06%, which is 4 percentage points higher than the specialty reit industry average of 4%. 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.

Epr Properties (NYSE:EPR) has an annual dividend yield of 6.46%, which is 2 percentage points higher than the specialty reit industry average of 4%. 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.

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 4%. 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.

Specialty reit stocks were down -0.53% in the last day, and down -1.25% over the last week.

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

Based on WallStreetZen's Valuation Score, the 3 most undervalued specialty reit stocks right now are:

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 42 points higher than the specialty reit industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has gained 13.26% in the past year. It has underperformed other stocks in the specialty reit industry by -16 percentage points.

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 42 points higher than the specialty reit industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Afc Gamma's stock has dropped -11.81% in the past year. It has underperformed other stocks in the specialty reit industry by -41 percentage points.

Epr Properties (NYSE:EPR) is the third most undervalued specialty reit stock based on WallStreetZen's Valuation Score. Epr Properties has a valuation score of 57, which is 28 points higher than the specialty reit industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Epr Properties's stock has gained 17.54% in the past year. It has underperformed other stocks in the specialty reit industry by -12 percentage points.