Articles written by John Navin - Benzinga

These 3 Mortgage REITs Slide To New 12-Month Lows

The real estate investment trust (REIT) group that has investors most concerned about the Federal Reserve’s higher interest rates is rate-sensitive mortgage REITs (mREITs). This week, these three mREITs showed how deeply those concerns are felt as sellers overwhelmed buyers and each dropped to new 52-week lows.

Blackstone Mortgage Trust: Below Book Value And Paying Dividends

Don’t confuse the publicly traded Blackstone Mortgage Trust Inc. (NYSE: BXMT) with the non-publicly traded Blackstone Real Estate Income Trust Inc. (BREIT), the company’s mortgage REIT.

These 3 REITs Trade Below Book Value And Pay Dividends

Although the real estate investment trust (REIT) sector has been suffering a steady downward trend for the last 12 to 18 months, it may be possible to identify bargains. By taking a value stock approach to REITs and identifying those with funds from operations (FFO) growth, trading below book value and paying dividends, the following three REITs seem to qualify.

The Only REIT Continuing To Hit New Highs: Getty Realty

As most other real estate investment trusts (REITs) are struggling or just barely bouncing off recent lows, Getty Realty Corp. (NYSE: GTY) keeps hitting new highs. This is impressive considering the emergence of a shaky banking industry and the negative effects higher interest rates have had on the sector.

NASDAQ-Traded REIT Loses 89% Of Value In 17 Months

Industrial Logistics Properties Trust (NASDAQ: ILPT) traded at $27 in October 2021 and now goes for $2.97 — one of the steepest declines among real estate investment trusts (REITs). The company is reeling from the effects of interest-rate hikes and a general drop in the value of real estate.

RLJ Lodging Trust REIT Bounces Off Of New Low

If you purchased real estate investment trusts (REITs) 12 to 18 months ago when people were still talking about inflation being “transitory” and before the rate hikes began, it might have seemed like a good idea. But it’s unlikely you made any money if you’re still holding those investments.

Medical Properties Trust REIT Loses More Than 50% Of Its Value In 9 Months

A major real estate investment trust (REIT) has lost more than half its value since its early August 2022 highs. Medical Properties Trust Inc. (NYSE: MPW) this week is making new 52-week lows as the months-long downward slide shows no sign of stopping.

Farmland Partners REIT Dips To New 52-Week Low

Investors in the Farmland Properties Inc. (NYSE: FPI) real estate investment trust (REIT) must be disappointed to see it continuing downward last week.

Boston Properties Sells Off To New 52-week Low

Sensing that certain properties owned by Boston Properties Inc. (NYSE: BXP) may be affected by the problems regional banks are experiencing, investors dumped enough of the real estate investment trust’s (REIT) shares Tuesday to take it to a new 52-week low.

3 Dividend-Paying REITs Trading Below Book Value

Trading below book value and paying a dividend are two key characteristics of a value stock, and these three real estate investment trusts (REITs) qualify: Dynex Capital Inc. (NYSE: DX), Hersha Hospitality Trust (NYSE: HT) and

REIT Benchmark ETFs Find Support As Regional Bank Stocks Dive

Real estate investment trusts (REITs) stopped heading lower Monday as indicated by the closing prices of the benchmark REIT exchange-traded funds (ETFs).

Service Properties Trust Hits Another 52-Week High

Service Properties Trust (NASDAQ: SVC) is among a handful of real estate investment trusts (REITs) making the list of stocks hitting new highs. Many REITs have rallied off of their October lows, but only a few have shown the kind of price strength recently seen in Service Properties Trust.

Gaming And Leisure Properties REIT Climbs Higher

While many real estate investment trusts (REITs) are heading lower, there is at least this one that’s definitely heading higher. Gaming and Leisure Properties Inc. (NASDAQ: GLPI) continues to blast up to new 52-week highs after bottoming in late September and early October.

Paramount Group REIT Slumps To New Low

Stock market indexes sold off last week and, in the spirit of things, Paramount Group Inc. (NYSE: PGRE) dropped to a new 52-week low. On Feb. 24, the company reported fourth-quarter funds from operations (FFO) at $0.25, up one penny from last year’s fourth-quarter FFO of $0.24.

Farmland Partners REIT Drops Almost 15% To New Low

Farmland Partners Inc. (NYSE: FPI) slumped more than 14% on Feb. 24 after quarterly funds from operations came in less than expected. At an $0.18 increase for the fourth quarter of 2022, that’s a drop from the $0.19 gain seen in 2021’s fourth quarter.

Essential Properties REIT Hits 9-Month High

Joining the list of real estate investment trusts (REITs) in uptrends, Essential Properties Realty Trust Inc. (NYSE: EPRT) recently hit a nine-month high. After establishing an October 2022 low of $19, the move up to the $25 area amounts to a 31% rally in about four months.

REIT ETFs Sell Off On New Consumer Price Index Report

The real estate investment trust sector (REIT) declined following the Feb. 14 release of the January consumer price index (CPI), which came in at slightly less than expected but continued to show inflation issues. The two big REIT exchange-traded funds (ETFs) could not make it back above their February highs.

Independence Realty Trust Shows Continued Price Strength

Independence Realty Trust Inc. (NYSE: IRT) owns and operates multifamily apartment properties nationwide with an eye toward benefiting shareholders through cash flow and possible increased value of the underlying real estate.

VICI Properties REIT's Long-Term Upward Trend Continues In February

VICI Properties Inc. (NYSE: VICI) has been in an uptrend since the March 2020 pandemic scare lows, a trend that continued into February of this year.

5 REITs Hitting Higher Highs In February

Five real estate investment trusts (REITs) are successfully kicking off the year 2023, with each reaching higher four- and six-month highs. While there are no guarantees that the bullish vibe will continue, it’s a sweet start for the year for people who invested in the REITs.