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

U.S. Specialized REITs Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies26
  • 7D-2.5%
  • 3M-5.2%
  • 1Y-12.4%
  • YTD-8.8%

Over the last 7 days, the Specialized REITs industry has dropped 2.2%, driven by Fermi declining 32%. Overall the industry is down 12% in 12 months. Looking forward, earnings are forecast to grow by 7.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025US$425.8bUS$56.7bUS$14.0b28.6x30.5x7.5x
Mon, 13 Oct 2025US$437.9bUS$55.7bUS$13.0b28x33.7x7.9x
Wed, 10 Sep 2025US$428.2bUS$55.7bUS$13.0b30.5x33x7.7x
Fri, 08 Aug 2025US$430.3bUS$55.7bUS$12.9b30x33.2x7.7x
Sun, 06 Jul 2025US$446.0bUS$55.2bUS$12.4b29.3x36x8.1x
Tue, 03 Jun 2025US$450.7bUS$55.2bUS$12.4b28.9x36.4x8.2x
Thu, 01 May 2025US$440.7bUS$55.0bUS$12.3b28.1x35.9x8x
Sat, 29 Mar 2025US$434.0bUS$54.9bUS$12.9b28x33.7x7.9x
Mon, 24 Feb 2025US$482.9bUS$61.9bUS$12.7b27.8x38.1x7.8x
Wed, 22 Jan 2025US$475.7bUS$61.6bUS$13.2b25.6x36.2x7.7x
Fri, 20 Dec 2024US$472.0bUS$61.6bUS$13.2b24.5x35.9x7.7x
Sun, 17 Nov 2024US$499.0bUS$61.7bUS$13.1b27.9x38.1x8.1x
Tue, 15 Oct 2024US$508.5bUS$61.7bUS$14.3b28.8x35.5x8.2x
Thu, 12 Sep 2024US$524.8bUS$61.7bUS$14.3b29.7x36.6x8.5x
Sat, 10 Aug 2024US$487.0bUS$61.7bUS$14.3b27.7x34x7.9x
Mon, 08 Jul 2024US$446.5bUS$61.3bUS$13.5b25x33.2x7.3x
Wed, 05 Jun 2024US$444.9bUS$61.3bUS$13.5b25.8x33x7.3x
Fri, 03 May 2024US$419.2bUS$61.2bUS$13.3b24.1x31.6x6.9x
Sun, 31 Mar 2024US$463.3bUS$61.0bUS$12.7b25.5x36.5x7.6x
Tue, 27 Feb 2024US$452.2bUS$60.6bUS$11.8b28.5x38.3x7.5x
Thu, 25 Jan 2024US$469.3bUS$60.9bUS$11.5b30.9x40.7x7.7x
Sat, 23 Dec 2023US$483.7bUS$60.9bUS$11.5b32.1x41.9x7.9x
Mon, 20 Nov 2023US$444.0bUS$60.9bUS$11.5b29x38.5x7.3x
Wed, 18 Oct 2023US$416.0bUS$60.1bUS$13.7b26.6x30.4x6.9x
Fri, 15 Sep 2023US$433.0bUS$60.1bUS$13.7b28x31.7x7.2x
Sun, 13 Aug 2023US$444.3bUS$60.1bUS$13.7b28.3x32.5x7.4x
Tue, 11 Jul 2023US$447.1bUS$60.0bUS$14.6b23.9x30.7x7.5x
Thu, 08 Jun 2023US$429.9bUS$60.0bUS$14.6b23.6x29.5x7.2x
Sat, 06 May 2023US$440.9bUS$60.0bUS$14.6b26.1x30.3x7.3x
Mon, 03 Apr 2023US$451.9bUS$59.8bUS$15.3b26.8x29.6x7.6x
Price to Earnings Ratio

29.6x


Total Market Cap: US$451.9bTotal Earnings: US$15.3bTotal Revenue: US$59.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Specialized REITs Industry Price to Earnings3Y Average 34.6x20242025
Current Industry PE
  • Investors are pessimistic on the American Specialized REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.5x which is lower than its 3-year average PE of 34.6x.
  • The industry is trading close to its 3-year average PS ratio of 7.7x.
Past Earnings Growth
  • The earnings for companies in the Specialized REITs industry have declined 3.3% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market-0.42%
Real Estate-0.77%
Specialized REITs-2.47%
Telecom Tower REITs3.17%
Self-Storage REITs-1.28%
Timber REITs-4.44%
Data Center REITs-7.39%
Industry PE
  • Investors are most optimistic about the Data Center REITs industry even though it's trading below its 3-year average PE ratio of 80.5x.
    • Analysts are expecting annual earnings growth of 4.4%, which is lower than the prior year's growth of 120.3% per year.
  • Investors are most pessimistic about the Timber REITs industry, which is trading below its 3-year average of 33.3x.
Forecasted Growth
  • Analysts are most optimistic on the Timber REITs industry, expecting annual earnings growth of 12% over the next 5 years.
  • In contrast, the Data Center REITs industry is expected to see its earnings grow by 4.4% 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
AMT American TowerUS$183.593.2%
+US$2.6b		-6.5%PB21.7x
CCI Crown CastleUS$91.682.4%
+US$931.9m		-11.7%PS6.2x
LAMR Lamar AdvertisingUS$129.632.6%
+US$332.2m		2.6%PB12.7x
OUT OUTFRONT MediaUS$22.089.5%
+US$321.1m		20.4%PB6.8x
EPR EPR PropertiesUS$51.280.6%
+US$24.4m		15.8%PB1.7x

Latest News

WY
US$22.13
Weyerhaeuser
7D
-4.1%
1Y
-28.5%
EPR
US$51.28
EPR Properties
7D
0.6%
1Y
15.8%
CCI
US$91.68
Crown Castle
7D
2.4%
1Y
-11.7%

CCI: Operational Improvements And Tower-Only Focus Will Drive Future Upside

The consensus analyst price target for Crown Castle has decreased modestly by $1.00 to $115.00. Analysts point to operational improvements, cost reductions, and sector headwinds as key drivers of their revised outlook.
OUT
US$22.08
OUTFRONT Media
7D
9.5%
1Y
20.4%
EQIX
US$785.57
Equinix
7D
-4.8%
1Y
-12.5%
LAMR
US$129.63
Lamar Advertising
7D
2.6%
1Y
2.6%

LAMR: Sector Resilience And Upcoming Events Will Shape Outlook Amid Competitive Pressures

Analysts have modestly increased their price target for Lamar Advertising, raising it from $130.20 to $133.80 per share. They cite resilience in the out-of-home advertising sector and anticipated cyclical tailwinds supporting the company's outlook.
RYN
US$21.79
Rayonier
7D
-5.4%
1Y
-27.3%

RYN: Higher Log Prices Will Drive Upbeat Outlook Into 2025

Analysts have revised Rayonier’s price target upward from $26 to $27, citing higher log price estimates and an improved outlook for 2025. However, they emphasize that the current valuation appears fair.
AMT
US$183.59
American Tower
7D
3.2%
1Y
-6.5%
DLR
US$158.18
Digital Realty Trust
7D
-6.9%
1Y
-12.0%

DLR: Continued Demand for Data Centers Will Drive Expansion Momentum

Analysts have raised their price target for Digital Realty Trust by approximately $1.48. This reflects renewed optimism after recent guidance boosts and continued strong demand in data center markets.
IRM
US$91.37
Iron Mountain
7D
-12.2%
1Y
-20.5%

IRM: Expanding Data Centers And Digital Offerings Will Drive Future Momentum

Iron Mountain's analyst fair value estimate increased from $114.50 to $116.45 as analysts highlighted accelerating growth from digital and data center initiatives. They cited strengthened cross-selling opportunities and model adjustments in the sector.
SAFE
US$13.41
Safehold
7D
1.0%
1Y
-33.7%
CUBE
US$36.62
CubeSmart
7D
-2.5%
1Y
-24.2%
FRMI
US$18.29
Fermi
7D
-24.9%
1Y
n/a
PSA
US$274.26
Public Storage
7D
-1.4%
1Y
-18.1%

PSA: Pricing Power Will Improve With Reduced Supply In The Self Storage Sector

Public Storage's analyst price target has increased modestly by approximately $3 to $326. Analysts point to cautious optimism for future growth, supported by expectations of reduced supply and potential pricing power improvements in the self-storage sector.
VICI
US$30.36
VICI Properties
7D
0.07%
1Y
-4.1%

Rising US Experiential Demand Will Unlock Long-Term Value

The average analyst price target for VICI Properties has edged up from $36.73 to $36.91, as analysts cite updated financial models, expectations for steady revenue growth, improved profit margins, and the resilience of net lease REITs in upcoming quarters. Analyst Commentary Recent research updates reflect a generally optimistic view of VICI Properties, as a series of analysts have raised their price targets and reiterated positive ratings.
LAND
US$9.60
Gladstone Land
7D
2.2%
1Y
-19.9%