5 Best REIT Stocks to Invest in for June 2021
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Experts believe that investing in REITs or Real Estate Investments Trusts is one of the easiest and rewarding ways to enter the flourishing property market in the US. But not all of the existing players have been cruising through the market like the 5 best REIT stocks we have selected. In the following, you will find the 5 best value REIT stocks to invest in.
1. Crown Castle International (NYSE: CCI)
Crown Castle is a US-based REIT-Specialty that got listed on New York Exchange under the ticker symbol CCI. The company owns tens of thousands of cell towers that it operates and sometimes leases. This establishment is known as one of the leading fiber solutions providers across the country. It has a market capitalisation of around $83.82 billion with a 2.74% dividend yield.
In March 2021, the company shared its most recent earnings report after which CCI shares grew at least 0.7% and even outperformed the S&P 500 during that time. Investors are waiting to see if the same trend is repeated when Crown Castle releases its upcoming earnings report on July 21. It has recently announced the pricing of senior notes for the public offering scheduled for 2031. The company is aiming to raise $750 million.
Looking at the technical indicators and CCI’s past performance, experts are expecting more upside from this stock. Momentum indicators like SMA (196.61), EMA (195.41), RSI (60.91), and MACD (3.14) put CCI in the strong BUY zone for investors looking for a worthwhile REIT investment.
67% of all retail investor accounts lose money when trading CFDs with this provider.
2. Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI)
This company has been a gem of stock in the real estate sector due to its stellar performance in the past and potential to do a lot better shortly. Hannon Armstrong Sustainable Infrastructure Capital Inc. is an NYSE-listed REIT under the ticker HASI. HASI is a service and capital provider to the US markets involving renewable energy and sustainable causes. This Annapolis, Maryland-based company has a total market capitalisation of $4.32 billion with a dividend yield of 2.65%.
Hannon Armstrong recently announced funding green projects and increased its upcoming private offering goal of senior notes from $750 million to $1 billion. This offering is scheduled to close before its earnings report release scheduled for August 4. The company saved up to $232 million in cash by the end of Q1, 2021 to keep near-term liquidity intact. Yesterday the stock gained around 4% before closing, bringing the price to $54.96.
Hannon Armstrong opened an unsecured credit facility back in April 2021 that would add to its liquidity. The company emerged as a winner in the previous year with a 43.61% of profit margin. The commonly used technical indicators like RSI (64.69), MACD (0.96), EMA (52.50), and SMA (50.22), give a strong BUY Signal. The positive trend has been holding for the past 3 days making this stock a great pick for short/long term investment.
67% of all retail investor accounts lose money when trading CFDs with this provider.
3. Power REIT (PW)
This New York-based REIT delves into infrastructure assets such as Renewable Energy, Logistics, and Environment-conscious agriculture. Power REIT has amassed a total market capitalisation of $127 million and moves ahead with a goal of expansion into Environment Agriculture. Yesterday it closed at $38.25 with an uptrend of 1.54%. Its next earnings report is due on July 27 when investors could see some positive signals encouraging long-term investment.
Horos Asset Management mentioned in its Q1 investors’ letter that their new CEO and primary shareholder David Lesser plans to move forward with renewable assets and greenhouses. 3 months ago they acquired 522,530 sq. land near Colorado for Greenhouse cultivation and processing of Cannabis for medicinal purposes. Experts believe that Power REIT’s investment in Greenhouse purchase for renting them (for long-term) could lead to promising growth in this stock values.
The technical analysis predicts that at the moment there are no more positive indicators in the favour of Power REIT. Values for RSI (36.61) and MACD (-0.83) cast a negative shadow on short-term positions. But investors should not forget that weak performance right before earnings report release can be turned into an upside easily.
67% of all retail investor accounts lose money when trading CFDs with this provider.
4. American Tower Corporation REIT (NYSE: AMT)
When it comes to multitenant communications in the US, there are few competitors of American Tower Corp. REIT owns, operates, and develops it for the real estate sector. This REIT’s portfolio includes around 181,000 multitenant communications sites. It is also listed on NYSE under the symbol of AMT. The total market capitalisation held by American Tower Corp.
REIT is approximately $122 billion. Yesterday, AMT closed at $269.51 apiece with a positive outlook that puts it in the Buy zone for June. The upcoming earnings report release for AMT is scheduled for August 4 but as per the Q1 2021 results goes, it could beat estimation. Last year’s performance shows a 21% net profit with a net income of $1.69 billion.
Considering some serious technical analysis would put AMT in a Strong Buy position according to reliable indicators like MACD (5.57), EMA (267.11), RSI (65.5), and SMA (268.36). As yesterday’s stock market came to a halt, we saw AMT reaching its daily high of $269.6. This price increment has been continuing for the past 10 days. Professionals advise buying this stock for both the short and long term.
67% of all retail investor accounts lose money when trading CFDs with this provider.
5. W. P. Carey Inc. REIT (NYSE: WPC)
New York-based W.P. Carey is among one of the leading REIT enterprises that have a significant (in the billions) market value. This REIT enterprise is operationally quite diversified and dabbles in some critical commercial real estate. As of September 2020, W.P. Carey Inc. real estate covers more than 142 million sq. feet in its entirety.
This decades-old company is listed on NYSE under the symbol WPC which closed yesterday at $76.9 with a positive trend. Keeping an eye on its dividend yield of 5.45%, WPC investors await the next earnings report to release on July 30. 2020’s 14% profit margin and revenue ($1.21 billion) has given a positive outlook to WPC’s upcoming performance.
Technicalities around these stocks make it a low-risk investment option with considerable profit potential. The RSI (55.61) and MACD (0.83) values give a strong Buy signal to investors who are interested in a short-term position.
67% of all retail investor accounts lose money when trading CFDs with this provider.
