按收益和收益率计算的50只美国顶级REIT每9月13日经纪商目标

New York Mortgage promised the top-yield out of 65 U.S. Real Estate Investment Trusts surveyed as of September 13.

Top 10 net-gainers XAN, RC, LADR, NLY, EARN, AGNC, HT, DX, CHMI, & GNL ranged 16.08-31.77% 9/13/19. The top 50 US REITs by yield represented All 7 REIT industries.

50 Top US REITs by Yield ranged 5.67-12.94%. Top ten, MFA, GEO, GNL, TWO, WMC, MITT, DX, CHMI, NYMT, & NRZ, averaged 11.75% yield.

$5k invested in the lowest-priced five September top-yield US Real Estate stocks showed 8.5% less net gain than that from $5k invested in all ten.  Big high-price REITs led the pack as of September 13.

Five of ten top dividend-yielding US Real Estate Investment Trust stocks found their way into the top ten gainers for the coming year based on analyst 1-year target prices. (They are tinted gray in the chart below). Thus, our yield-based forecast for REIT stocks was certified 50% accurate by broker target forecasts.

Projections based on estimated dividend returns from $1000 invested in each of the highest yielding stocks and their aggregate one-year analyst median target prices, as reported by YCharts, created the 2019-20 data points. Note: one-year target prices from single analysts were not applied (n/a). Ten probable profit-generating trades projected by brokers to September 2020 were:

Global Net Lease, Inc. (GNL) netted $317.71 based on a median target price estimate from three analysts plus dividends, less broker fees. The Beta number showed this estimate subject to risk 29% less than the market as a whole.

Cherry Hill Mortgage (CHMI) was projected to net $259.27, based on dividends, plus mean target price estimates from three analysts, less broker fees. The Beta number showed this estimate subject to risk 59% less than the market as a whole.

Dynex Capital, Inc. (DX) was projected to net $221.19, based on dividends, plus target price estimates from four analysts, less broker fees. The Beta number showed this estimate subject to volatility 35% less than the market as a whole.

Hersha Hospitality Trust (HT) was projected to net $206.50 based on dividends, plus the median target price from estimates by eleven analysts, less broker fees. The Beta number showed this estimate's risk 33% over the market as a whole.

AGNC Investment Corp. (AGNC) was projected to net $202.58, based on a median target estimate from eleven analysts, plus dividends, less broker fees. The Beta number showed this estimate subject to risk 73% less than the market as a whole.

Ellington Residential (EARN) was projected to net $193.00, based on target price estimates from two analysts, plus annual dividend, less broker fees. The Beta number showed this estimate subject to risk 22% less than the market as a whole.

Annaly Capital Management (NLY) was projected to net $179.40, based on dividends, plus a median target price estimate from nine analysts, less broker fees. The Beta number showed this estimate subject to risk 59% less than the market as a whole.

Ladder Capital Corp. (LADR) made the list with a projected net gain of $170.00, based on the median target price estimate from six analysts, plus their estimated annual dividend, less broker fees. The Beta number showed this estimate subject to risk 4% under the market as a whole.

Ready Capital Corp. (RC) was projected to net $163.75, based on dividends plus a median target estimate from seven brokers, less broker fees. The Beta number showed this estimate subject to risk 30% less than the market as a whole.

Exantas Capital Corp. (XAN) was found to net $160.83 based on the median target price estimate from two analysts plus dividends, less broker fees. The Beta number showed this estimate subject to risk 24% less than the market as a whole.

The average net gain in dividend and price was estimated at 20.74% on $10k invested as $1k in each of these ten stocks. This gain estimate was subject to average risk 22% under the market as a whole.

Stocks earned the "dog" moniker by exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs." More precisely, these are, in fact, best called, "underdogs."

Top ten US Real Estate Investment Trusts of September as selected 9/13/19 by yield represented two of seven constituent industries.

The first of three residential REIT industry representatives in the top ten took the lead, New York Mortgage Trust, Inc. (NYMT) [1]. The other two residential members placed third, and sixth: AGNC Investment [3]; Cherry Hill Mortgage Investment [6].

The first of seven diversified REITs placed second, Western Asset Mortgage Capital Corp. (WMC) [2]. Following were the rest of the diversified squad in fourth, fifth, and seventh through tenth places: Dynex Capital [4]; Invesco Mortgage Capital Inc [5]; Annaly Capital Management [7]; AG Mortgage Investment Trust, Inc. (MITT) [8]; Global Net Lease [9]; MFA Financial, Inc. (MFA) [10], to complete the top ten September US REITs by yield.

To quantify top dog rankings, analyst mean price target estimates provided a "market sentiment" gauge of upside potential. Added to the simple high-yield "dog" metrics, analyst mean price target estimates became another tool to dig out bargains.

Ten top US REITs were culled by yield for their monthly update. Yield (dividend/price) results verified by YCharts did the ranking. The list was further limited to stocks reporting better than -15% total annual returns.

As noted above, top ten Real Estate top gainers selected 9/13/19 showing the highest dividend yields represented two of seven industries constituting the REIT sector.

$5000 invested as $1k in each of the five lowest-priced stocks in the top ten REIT kennel by yield were predicted by analyst 1-year targets to deliver 8.5% less gain than $5,000 invested as $.5k in all ten. The tenth lowest priced Real Estate top yield equity, Global Net Lease, was projected to gain 31.77%.

The five lowest-priced top yield US REITs as of September 23 were: New York Mortgage Trust; MFA Financial; Annaly Capital Management; Western Asset Mortgage Capital; Cherry Hill Mortgage Investment, with prices ranging from $6.18 to $13.63.

Five higher-priced WallStar REITs were: Dynex Capital; Invesco Mortgage Capital Inc. (IVR); AG Mortgage Investment Trust; AGNC Investment; Global Net Lease, whose prices ranged from $15.27 to $19.68.

The distinction between five low-priced dividend stocks and the general field of ten reflected Michael B. O'Higgins' "basic method" for beating the Dow. The scale of projected gains based on analyst targets added a unique element of "market sentiment" gauging upside potential. It provided a here-and-now equivalent of waiting a year to find out what might happen in the market. Caution is advised, since analysts are historically only 20% to 80% accurate on the direction of change and just 0% to 20% accurate on the degree of change.

The net gain/loss estimates above did not factor in any foreign or domestic tax problems resulting from distributions. Consult your tax advisor regarding the source and consequences of "dividends" from any investment.

Stocks listed above were suggested only as possible reference points for your United Stares Exchange Real Estate Investment Trust stock purchase or sale research process. These were not recommendations.

Graphs and charts were compiled by Rydlun & Co., LLC from data derived from www.indexarb.com; YCharts.com; finance.yahoo.com; analyst mean target price by YCharts. House dog photo: dogslife.com.au

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.