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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.

Industry: REIT - Specialty
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
LAMR
LAMAR ADVERTISING CO
$12.31B4.24%103.50%$1.3000$5.1075%4
SBAC
SBA COMMUNICATIONS CORP
$22.89B1.72%68.70%$0.9800$3.6638%0
EQIX
EQUINIX INC
$77.12B1.99%153.40%$4.2600$16.1943%2
GLPI
GAMING & LEISURE PROPERTIES INC
$13.36B6.06%108.10%$0.7600$2.9887%3
DLR
DIGITAL REALTY TRUST INC
$50.72B3.01%132.60%$1.2200$4.8859%0
LAND
GLADSTONE LAND CORP
$540.09M3.70%926.70%$0.0466$0.5669%02024-07-222024-07-31
HASI
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC
$3.75B3.66%70.20%$0.4150$1.2169%0
CCI
CROWN CASTLE INC
$45.15B6.03%195.00%$1.5650$6.2686%0
WY
WEYERHAEUSER CO
$21.67B2.42%82.70%$0.2000$0.7250%5
AMT
AMERICAN TOWER CORP
$98.13B3.12%147.00%$1.6200$6.5661%0
AFCG
AFC GAMMA INC
$196.54MN/A184.60%$0.5600N/AN/A0
EPR
EPR PROPERTIES
$3.34B6.93%162.00%$0.2850$3.0689%12024-07-312024-08-15
PCH
POTLATCHDELTIC CORP
$3.30B4.33%310.30%$0.4500$1.8076%3
IRM
IRON MOUNTAIN INC
$29.31B2.60%389.20%$0.6500$2.6053%1
RYN
RAYONIER INC
$4.32B4.62%118.60%$0.2850$1.3479%3
FPI
FARMLAND PARTNERS INC
$563.89M3.84%81.80%$0.0600$0.4571%2
UNIT
UNITI GROUP INC
$937.00M15.38%-666.70%$0.1500$0.6099%2
OUT
OUTFRONT MEDIA INC
$2.65B5.63%-45.30%$0.3000$0.9085%1
PW
POWER REIT
$2.95MN/A0.00%N/AN/AN/AN/A

Specialty REIT Stocks FAQ

What are the best specialty reit stocks to buy right now in Jul 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 47, which is 15 points higher than the specialty reit industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Sba Communications has seen its stock lose -5.79% over the past year, underperforming other specialty reit stocks by -10 percentage points.

Sba Communications has an average 1 year price target of $242.70, an upside of 13.91% from Sba Communications's current stock price of $213.06.

Sba Communications stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Sba Communications, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Lamar Advertising Co (NASDAQ:LAMR)


Lamar Advertising Co (NASDAQ:LAMR) is the second best specialty reit stock with a Zen Score of 47, which is 15 points higher than the specialty reit industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Lamar Advertising Co has seen its stock return 17.79% over the past year, overperforming other specialty reit stocks by 13 percentage points.

Lamar Advertising Co has an average 1 year price target of $119.00, a downside of -1.15% from Lamar Advertising Co's current stock price of $120.38.

Lamar Advertising Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Lamar Advertising Co, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Equinix (NASDAQ:EQIX)


Equinix (NASDAQ:EQIX) is the third best specialty reit stock with a Zen Score of 45, which is 13 points higher than the specialty reit industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Equinix has seen its stock return 0.63% over the past year, underperforming other specialty reit stocks by -4 percentage points.

Equinix has an average 1 year price target of $856.62, an upside of 5.41% from Equinix's current stock price of $812.62.

Equinix stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Equinix, 30.77% have issued a Strong Buy rating, 30.77% have issued a Buy, 38.46% 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 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 15.38%, which is 11 percentage points higher than the specialty reit industry average of 4.66%. 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 -666.7% 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 6.93%, which is 2 percentage points higher than the specialty reit industry average of 4.66%. 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 162% 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 6.06%, which is 1 percentage points higher than the specialty reit industry average of 4.66%. 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 108.1% 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 1.34% in the last day, and up 6.5% 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 37 points higher than the specialty reit industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has gained 1.86% in the past year. It has underperformed other stocks in the specialty reit industry by -3 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 37 points higher than the specialty reit industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Afc Gamma's stock has dropped -27.57% in the past year. It has underperformed other stocks in the specialty reit industry by -32 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 23 points higher than the specialty reit industry average of 34. It passed 4 out of 7 valuation due diligence checks.

Sba Communications's stock has dropped -5.79% in the past year. It has underperformed other stocks in the specialty reit industry by -10 percentage points.

Are specialty reit stocks a good buy now?

47.06% of specialty reit stocks rated by analysts are a buy right now. On average, analysts expect specialty reit stocks to rise by 5.29% 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 55.63x.
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.