Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. REITS Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies22
  • 7D20.0%
  • 3M7.2%
  • 1Y10.1%
  • YTD6.7%

Over the last 7 days, the REITS industry has risen 3.0%, driven by gains in W. P. Carey and Essential Properties Realty Trust of 2.1% and 4.6%, respectively. In the last 12 months, the industry was up 10%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the U.S. REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026US$41.6bUS$7.5b-US$256,823,402.0031.4x-162.1x5.5x
Tue, 06 Jan 2026US$32.9bUS$7.5b-US$252,955,402.0032.7x-130x4.4x
Thu, 04 Dec 2025US$33.1bUS$6.0bUS$422.0m30.6x78.6x5.5x
Sat, 01 Nov 2025US$32.7bUS$6.1bUS$440.4m30.2x74.3x5.3x
Mon, 29 Sep 2025US$34.4bUS$6.1bUS$448.2m31.1x76.8x5.6x
Wed, 27 Aug 2025US$34.2bUS$6.1bUS$462.1m29.6x74.1x5.6x
Fri, 25 Jul 2025US$33.4bUS$6.3bUS$610.3m26x54.7x5.3x
Sun, 22 Jun 2025US$34.3bUS$6.3bUS$598.5m28.1x57.3x5.5x
Tue, 20 May 2025US$33.6bUS$6.2bUS$591.6m27.1x56.7x5.4x
Thu, 17 Apr 2025US$34.3bUS$7.1bUS$745.2m25.2x46x4.9x
Sat, 15 Mar 2025US$35.1bUS$7.0bUS$868.6m28.4x40.5x5.1x
Mon, 10 Feb 2025US$34.7bUS$7.0bUS$876.4m24.4x39.6x5x
Wed, 08 Jan 2025US$35.1bUS$7.0bUS$878.8m26x39.9x5x
Fri, 06 Dec 2024US$36.8bUS$7.0bUS$915.5m29.1x40.2x5.3x
Sun, 03 Nov 2024US$36.2bUS$7.0bUS$628.9m25.5x57.5x5.2x
Tue, 01 Oct 2024US$39.1bUS$7.0bUS$630.8m26.6x62x5.6x
Thu, 29 Aug 2024US$37.5bUS$6.8bUS$565.4m29.7x66.3x5.5x
Sat, 27 Jul 2024US$56.3bUS$12.2bUS$497.8m27.6x113x4.6x
Mon, 24 Jun 2024US$33.0bUS$6.8bUS$676.6m24.2x48.8x4.8x
Wed, 22 May 2024US$34.9bUS$6.9bUS$664.0m24.3x52.5x5.1x
Fri, 19 Apr 2024US$31.9bUS$6.7bUS$818.1m24.3x39x4.8x
Sun, 17 Mar 2024US$32.8bUS$6.5bUS$887.0m27x36.9x5x
Tue, 13 Feb 2024US$33.1bUS$6.3bUS$974.4m27.2x34x5.3x
Thu, 11 Jan 2024US$86.5bUS$21.2bUS$876.1m25.7x98.7x4.1x
Sat, 09 Dec 2023US$84.9bUS$21.3bUS$878.5m26.4x96.7x4x
Mon, 06 Nov 2023US$81.5bUS$21.3bUS$1.0b25.1x80.5x3.8x
Wed, 04 Oct 2023US$80.3bUS$21.1bUS$1.0b20.8x78.7x3.8x
Fri, 01 Sep 2023US$83.2bUS$21.1bUS$1.0b24.1x81.4x3.9x
Sun, 30 Jul 2023US$84.4bUS$21.0bUS$1.2b23x70.5x4x
Tue, 27 Jun 2023US$147.5bUS$20.9bUS$1.2b21.4x125.4x7.1x
Thu, 25 May 2023US$81.5bUS$12.2bUS$2.6b19.6x31.1x6.7x
Sat, 22 Apr 2023US$85.2bUS$12.8bUS$2.1b25x41.3x6.7x
Mon, 20 Mar 2023US$85.0bUS$12.2bUS$2.7b25.5x31.9x7x
Wed, 15 Feb 2023US$1.4tUS$184.2bUS$41.7b26.3x32.4x7.3x
Price to Earnings Ratio

32.4x


Total Market Cap: US$1.4tTotal Earnings: US$41.7bTotal Revenue: US$184.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. REITS Industry Price to Earnings3Y Average 50x202420252026
Current Industry PE
  • Investors are relatively neutral on the American REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 5.2x.
Past Earnings Growth
  • Total earnings for the REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 66% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the U.S. Real Estate industry?

US Market-0.071%
Real Estate2.14%
REITS20.00%
Diversified REITs20.00%
Hotel and Resort REITs4.64%
Industrial REITs4.47%
Retail REITs3.92%
Healthcare REITs3.90%
Specialized REITs3.29%
Office REITs0.86%
Residential REITs0.21%
Industry PE
  • Investors are most optimistic about the Office REITs industry which is trading above its 3-year average PE ratio of 74.3x.
    • Analysts are expecting annual earnings decline of 19.5%, which is worse than the prior year's decline of 0.9%.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare REITs industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Office REITs industry is expected to see its earnings decline by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WPC W. P. CareyUS$71.212.1%
+US$320.0m		27.0%PB1.9x
EPRT Essential Properties Realty TrustUS$31.754.6%
+US$275.4m		0.7%PB1.6x
BNL Broadstone Net LeaseUS$19.264.1%
+US$141.9m		24.1%PB1.3x
AAT American Assets TrustUS$18.944.9%
+US$58.3m		-16.3%PB1x
PINE Alpine Income Property TrustUS$19.6411.5%
+US$46.8m		21.1%PB1.1x

Latest News

GIPR
US$0.63
Generation Income Properties
7D
-9.5%
1Y
-63.8%
PINE
US$19.64
Alpine Income Property Trust
7D
11.5%
1Y
21.1%
AAT
US$18.94
American Assets Trust
7D
4.9%
1Y
-16.3%
GNL
US$9.61
Global Net Lease
7D
1.6%
1Y
35.0%
BNL
US$19.26
Broadstone Net Lease
7D
4.1%
1Y
24.1%

BNL: Higher FY25 Deployment And Investor Day Will Balance Execution Risks

Analysts recently lifted their price target on Broadstone Net Lease to US$20 from US$18, citing management’s higher FY25 investment volume target and the potential for current 2026 assumptions to prove conservative if those trends continue. Analyst Commentary Even with the higher US$20 price target, some bearish analysts are still striking a cautious tone on Broadstone Net Lease.
GOOD
US$11.52
Gladstone Commercial
7D
-1.1%
1Y
-29.0%
NXDT
US$4.77
NexPoint Diversified Real Estate Trust
7D
-0.4%
1Y
-10.2%
WPC
US$71.21
W. P. Carey
7D
2.1%
1Y
27.0%

WPC: Dividend Policy And Sector Positioning Will Shape Future Returns

Narrative Update The analyst price target for W. P.
SQFT
US$2.33
Presidio Property Trust
7D
-2.5%
1Y
-65.2%
CTO
US$18.59
CTO Realty Growth
7D
4.6%
1Y
-7.1%
MDV
US$15.30
Modiv Industrial
7D
-0.1%
1Y
-2.6%
AHH
US$7.18
Armada Hoffler Properties
7D
3.0%
1Y
-25.0%
MDRR
US$11.25
Medalist Diversified REIT
7D
-7.8%
1Y
-7.9%
EPRT
US$31.75
Essential Properties Realty Trust
7D
4.6%
1Y
0.7%
MKZR
US$3.95
MacKenzie Realty Capital
7D
-8.4%
1Y
-80.4%