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

U.S. Specialized REITs Industry Analysis

UpdatedFeb 13, 2026
DataAggregated Company Financials
Companies24
  • 7D7.7%
  • 3M7.3%
  • 1Y-0.1%
  • YTD12.5%

In the last week, the Specialized REITs industry is up 7.7%, with Equinix up 19%. During this same period, the OUTFRONT Media underperformed, falling 5.9%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 9.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Feb 2026US$438.2bUS$55.0bUS$13.7b30.3x31.9x8x
Sun, 11 Jan 2026US$411.7bUS$56.7bUS$14.0b27.8x29.5x7.3x
Tue, 09 Dec 2025US$409.1bUS$56.7bUS$14.0b28.4x29.3x7.2x
Thu, 06 Nov 2025US$428.8bUS$56.6bUS$13.9b25.7x30.9x7.6x
Sat, 04 Oct 2025US$443.1bUS$55.7bUS$13.0b29.6x34.1x8x
Mon, 01 Sep 2025US$436.0bUS$55.7bUS$13.0b30.3x33.6x7.8x
Wed, 30 Jul 2025US$444.2bUS$55.3bUS$12.8b29x34.7x8x
Fri, 27 Jun 2025US$442.4bUS$55.2bUS$12.4b28.6x35.7x8x
Sun, 25 May 2025US$440.1bUS$55.2bUS$12.4b27.6x35.5x8x
Tue, 22 Apr 2025US$432.1bUS$54.8bUS$12.8b28.2x33.9x7.9x
Thu, 20 Mar 2025US$440.1bUS$54.9bUS$12.9b27.8x34.2x8x
Sat, 15 Feb 2025US$480.6bUS$61.8bUS$13.1b26x36.6x7.8x
Mon, 13 Jan 2025US$453.4bUS$61.6bUS$13.2b23.7x34.5x7.4x
Wed, 11 Dec 2024US$516.2bUS$61.6bUS$13.2b28.7x39.2x8.4x
Fri, 08 Nov 2024US$496.2bUS$61.7bUS$13.1b28.5x38x8x
Sun, 06 Oct 2024US$510.4bUS$61.7bUS$14.3b28.9x35.6x8.3x
Tue, 03 Sep 2024US$505.4bUS$61.7bUS$14.3b28.9x35.3x8.2x
Thu, 01 Aug 2024US$481.0bUS$61.5bUS$13.6b27.7x35.5x7.8x
Sat, 29 Jun 2024US$447.4bUS$61.3bUS$13.5b25.8x33.2x7.3x
Mon, 27 May 2024US$437.8bUS$61.3bUS$13.5b25.1x32.5x7.1x
Wed, 24 Apr 2024US$424.4bUS$60.7bUS$12.6b23.6x33.6x7x
Fri, 22 Mar 2024US$454.6bUS$61.0bUS$12.7b24.9x35.8x7.5x
Sun, 18 Feb 2024US$450.7bUS$60.8bUS$11.6b28.7x39x7.4x
Tue, 16 Jan 2024US$478.0bUS$60.9bUS$11.5b31.2x41.4x7.8x
Thu, 14 Dec 2023US$463.8bUS$60.9bUS$11.5b31.2x40.2x7.6x
Sat, 11 Nov 2023US$420.1bUS$60.9bUS$11.5b26.7x36.4x6.9x
Mon, 09 Oct 2023US$403.1bUS$60.1bUS$13.7b25.8x29.5x6.7x
Wed, 06 Sep 2023US$436.7bUS$60.1bUS$13.7b28.1x31.9x7.3x
Fri, 04 Aug 2023US$445.8bUS$60.0bUS$14.2b29.2x31.4x7.4x
Sun, 02 Jul 2023US$446.4bUS$60.0bUS$14.6b23.8x30.7x7.4x
Tue, 30 May 2023US$421.7bUS$60.0bUS$14.6b22.9x29x7x
Thu, 27 Apr 2023US$438.0bUS$59.9bUS$15.1b28.6x29x7.3x
Price to Earnings Ratio

29.4x


Total Market Cap: US$449.8bTotal 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 34.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Specialized 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 PE ratio of 34.2x.
  • The industry is trading close to its 3-year average PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Specialized REITs industry have declined 3.5% per year over the last three years,
  • Revenues have also declined 2.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

US Market0.52%
Real Estate1.96%
Specialized REITs7.68%
Data Center REITs15.13%
Telecom Tower REITs9.74%
Self-Storage REITs3.29%
Timber REITs0.88%
Industry PE
  • Investors are most optimistic about the Timber REITs industry which is trading above its 3-year average PE ratio of 33.1x.
    • Analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings decline of 49.6% per year.
  • Investors are most pessimistic about the Telecom Tower REITs industry, which is trading below its 3-year average of 42.0x.
Forecasted Growth
  • Analysts are most optimistic on the Timber REITs industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 50% per year.
  • In contrast, the Self-Storage REITs industry is expected to see its earnings grow by 6.1% 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
EQIX EquinixUS$957.8718.6%
+US$14.8b		3.8%PB6.6x
AMT American TowerUS$188.199.7%
+US$7.8b		-0.9%PB22.3x
DLR Digital Realty TrustUS$180.319.5%
+US$5.4b		9.4%PB2.8x
IRM Iron MountainUS$106.0019.2%
+US$5.0b		11.3%PE196.7x
CCI Crown CastleUS$87.8112.0%
+US$4.1b		-2.3%PE34.7x

Latest News

PSA
US$292.37
Public Storage
7D
3.4%
1Y
-2.9%
RYN
US$22.49
Rayonier
7D
-0.1%
1Y
-11.7%
IRM
US$106.00
Iron Mountain
7D
19.2%
1Y
11.3%
EQIX
US$957.87
Equinix
7D
18.6%
1Y
3.8%
DLR
US$180.31
Digital Realty Trust
7D
9.5%
1Y
9.4%
FRMI
US$9.26
Fermi
7D
28.6%
1Y
n/a
CCI
US$87.81
Crown Castle
7D
12.0%
1Y
-2.3%

CCI: Tower Asset Strength Will Outweigh EchoStar Dish And Legal Overhang

The analyst price target for Crown Castle has been reduced by about $8 to $99. Analysts cite more conservative assumptions regarding revenue trends, profit margins, and future P/E multiples following a series of recent target cuts across the Street.
OUT
US$25.10
OUTFRONT Media
7D
-5.9%
1Y
31.1%

OUT: Formula E And ANA Partnerships Will Shape In Real Life Media Returns

Analysts have lifted their price target on OUTFRONT Media to $25.00 from $24.20, citing updated assumptions for revenue growth, profit margins, a modestly lower discount rate, and a slightly reduced future P/E multiple. What's in the News OUTFRONT Media has been named the Official OOH Advertising Partner of the 2026 ABB FIA Formula E Miami E Prix and Associate Partner of Change.
LAND
US$10.83
Gladstone Land
7D
-2.6%
1Y
-7.2%

LAND: Slower Acquisitions And Lease Risks Will Pressure Overvalued Shares

Narrative Update Analysts maintained the price target for Gladstone Land at $10, citing Q3 Core FFO that exceeded estimates, recent price strength in key crops tied to participation leases, and a more cautious stance on acquisitions, along with a lower modeled discount rate and slightly higher projected profit margins and revenue growth. One firm shifted its rating to neutral as the shares trade close to that target.
FCPT
US$24.42
Four Corners Property Trust
7D
-4.2%
1Y
-14.0%

FCPT: Net Lease Acquisitions And Dividend Increase Will Balance Cautious Sector Sentiment

Narrative Update Overview The analyst price target for Four Corners Property Trust has edged slightly higher to about $28.14 from roughly $28.13 as analysts factor in a modestly lower discount rate and steady assumptions on growth and margins, even as some have trimmed shorter term targets to around $25 following broadly healthy but cautious REIT earnings commentary. Analyst Commentary Recent research on Four Corners Property Trust reflects a mixed tone, with the headline move being a reduction in one target to US$25 from US$27, even as broader REIT commentary points to generally healthy conditions.
SBAC
US$199.29
SBA Communications
7D
10.4%
1Y
-4.2%

SBAC: EchoStar Resolution Will Support Future Cash Flow Visibility

Narrative Update on SBA Communications Analysts have trimmed their price targets on SBA Communications by a mid teens dollar amount, reflecting slightly more conservative revenue growth and discount rate assumptions, and citing sector wide caution around leasing trends and the EchoStar related overhang. Analyst Commentary Recent research on SBA Communications clusters around a few key themes, with price targets adjusted lower and a tighter focus on leasing trends and the EchoStar and Dish situation.
AMT
US$188.19
American Tower
7D
9.7%
1Y
-0.9%
SELF
US$5.02
Global Self Storage
7D
-0.2%
1Y
-2.7%
PW
US$0.87
Power REIT
7D
-0.8%
1Y
-24.3%