In this article, we will be taking a look at 5 high yield monthly REIT Stocks to buy. To read our detailed analysis of dividend investing, you can go directly to see the 10 High Yield Monthly REIT Dividend Stocks to Buy.
5. EPR Properties (NYSE: EPR)
Number of Hedge Fund Holders: 20
Dividend Yield: 5.8%
EPR Properties (NYSE: EPR), a leading experiential net lease REIT, works with select enduring experiential properties. The company ranks 5th on our list of high yield monthly REIT stocks to buy and focuses on real estate venues that create value by facilitating out-of-home leisure and recreation experiences where consumers spend discretionary time and money.
This August, RBC Capital raised its price target on shares of EPR Properties (NYSE: EPR) from $49 to $52. The firm also reiterated a Sector Perform rating on the stock.
In the second quarter of 2021, EPR Properties (NYSE: EPR) had an FFO of $0.68, beating estimates by $0.07. The company’s revenue was $125.36 million, up 17.87% year over year and beating estimates by $12.74 million. EPR Properties (NYSE: EPR) has gained 8.97% in the past 6 months and 64.89% year to date.
By the end of the second quarter of 2021, 20 hedge funds out of the 873 tracked by Insider Monkey held stakes in EPR Properties (NYSE: EPR) worth roughly $231 million. This is compared to 15 hedge funds in the previous quarter with a total stake value of approximately $345 million.
4. LTC Properties, Inc. (NYSE: LTC)
Number of Hedge Fund Holders: 10
Dividend Yield: 6.5%
LTC Properties, Inc. (NYSE: LTC) is a healthcare REIT that invests in seniors housing and healthcare properties. The company ranks 4th on our list of high yield monthly REIT stocks to buy and holds 181 investments in 27 states with 29 operating partners as of 2020.
Capital One holds an Equal Weight rating on shares of LTC Properties, Inc. (NYSE: LTC) as of this February, alongside a $44 price target.
In the second quarter of 2021, LTC Properties, Inc. (NYSE: LTC) had an FFO of $0.57, missing estimates by $0.07. The company’s revenue was $38.13 million, up 33.88% year over year but also missing estimates by $4.26 million.
By the end of the second quarter of 2021, 10 hedge funds out of the 873 tracked by Insider Monkey held stakes in LTC Properties, Inc. (NYSE: LTC) worth roughly $9 million. This is compared to 7 hedge funds in the previous quarter with a total stake value of approximately $7 million.
3. Dynex Capital, Inc. (NYSE: DX)
Number of Hedge Fund Holders: 9
Dividend Yield: 8.7%
Dynex Capital, Inc. (NYSE: DX), a real estate investment trust (REIT) based in Virginia, US, is next on our list of high yield monthly REIT stocks to buy, ranking 3rd. The company invests in mortgage-backed securities on a leveraged basis in the US.
In the second quarter of 2021, Dynex Capital, Inc. (NYSE: DX) had an FFO of $0.51, beating estimates by $0.04. The company’s revenue was $12.12 million, missing estimates by $2.96 million. Dynex Capital, Inc. (NYSE: DX) has gained 1.08% year to date and 12.75% in the past year.
By the end of the second quarter of 2021, 9 hedge funds out of the 873 tracked by Insider Monkey held stakes in Dynex Capital, Inc. (NYSE: DX) worth roughly $27 million. This is compared to 8 hedge funds in the previous quarter with a total stake value of approximately $24 million.
2. AGNC Investment Corp. (NASDAQ: AGNC)
Number of Hedge Fund Holders: 19
Dividend Yield: 8.7%
AGNC Investment Corp. (NASDAQ: AGNC) invests in residential mortgage pass-through securities and collateralized mortgage obligations. The company ranks 2nd on our list of high yield monthly REIT stocks to buy.
As of this July, Barclays holds an Overweight rating and $17 price target on shares of AGNC Investment Corp. (NASDAQ: AGNC).
In the second quarter of 2021, AGNC Investment Corp. (NASDAQ: AGNC) had an FFO of $0.76, beating estimates by $0.11. The company’s revenue was $232 million, missing estimates by $90.23 million. AGNC Investment Corp. (NASDAQ: AGNC) has gained 1.12% in the past 6 months and 6.04% year to date.
By the end of the second quarter of 2021, 19 hedge funds out of the 873 tracked by Insider Monkey held stakes in AGNC Investment Corp. (NASDAQ: AGNC) worth roughly $151 million. This is compared to 18 hedge funds in the previous quarter with a total stake value of approximately $167 million.
1. ARMOUR Residential REIT, Inc. (NYSE: ARR)
Number of Hedge Fund Holders: 13
Dividend Yield: 10.9%
ARMOUR Residential REIT, Inc. (NYSE: ARR) is a REIT investing in residential mortgage-backed securities in the US. The company ranks 1st on our list of high yield monthly REIT stocks to buy and is based in Florida, US.
This July, B. Riley reiterated a Neutral rating and an $11.50 price target on shares of ARMOUR Residential REIT, Inc. (NYSE: ARR).
In the second quarter of 2021, ARMOUR Residential REIT, Inc. (NYSE: ARR) had an FFO of $0.21, missing estimates by $0.07. The company’s revenue was $16.7 million, beating the previous quarter’s $16.06 million revenue. ARMOUR Residential REIT, Inc. (NYSE: ARR) has gained 2.92% year to date and 11.89% in the past year.
By the end of the second quarter of 2021, 13 hedge funds out of the 873 tracked by Insider Monkey held stakes in ARMOUR Residential REIT, Inc. (NYSE: ARR) worth roughly $32.3 million. This is compared to 9 hedge funds in the previous quarter with a total stake value of approximately $22.2 million.
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