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REITs

Every analyzed stock in REITs — 258 companies. Each card shows price, our model's intrinsic value (IV), and how far price sits above or below it. Click any card for the full analysis. This is a research-triage view, not a buy/sell signal.

REITs risk
Near-term vs. long-term risk for this theme
⚡ Right now ?Near-term risk over roughly the next 3 months. Blends live market conditions (volatility, how far the S&P is from its highs, credit spreads, the yield curve, sentiment), how stretched valuations are, and what the smart money is doing. Higher = greater odds of a pullback. · next 0–3 months
45 /100 Elevated ▼ -9 mild
Long-term risk ?Long-term / structural risk — the market's underlying tide. Where valuations sit versus 145 years of history (Shiller CAPE) plus multi-year trends. A high reading means weak long-run return prospects even if the market feels calm right now. · structural · vs 145yr history
63 /100 High ◆ flat
▲ / ▼ = change vs ~7 days ago — red = risk rising, green = falling.
Inside the "right now" score — a 45 / 30 / 25 blend · 225 stocks valued
Conditions · 45% ?The live market weather: VIX (expected volatility), how far the S&P 500 is below its 52-week high, high-yield credit spreads, the 10-year vs 2-year yield curve, and the Fear & Greed index. Market-wide indices, not per-stock.
28 Moderate
Valuation · 30% ?How expensive stocks are versus our intrinsic-value models: the median price-to-value ratio and the share of stocks trading above what we think they are worth, across 225 stocks.
54 Elevated
Smart money · 25% ?What informed money is doing: short-selling activity plus corporate insiders buying or selling their own stock. Broken out below.
56 Elevated
Smart money — the three inputs
Short-selling ?Share of ALL US trading volume that is short sales (FINRA, ~12,000 symbols, market-wide). It normally sits near 45–50%, so readings above ~50% lean bearish and read as higher risk. Weighted 40% of Smart money.
52.1%
High
Buyers' strike ?Share of the sampled companies whose insiders bought NONE of their own stock on the open market in the last 12 months. The higher this runs, the more bearish (nobody's buying the dip in their own shares). Weighted 35%.
57%
Elevated
Net insider selling ?Share of the sampled companies whose insiders were net DISCRETIONARY sellers over 12 months (excludes scheduled 10b5-1 plans, which carry little signal). Around half is normal; well above that is bearish. Weighted 25%.
33%
Moderate
Black number = the raw figure; coloured bar & word = how it reads as risk. Insider inputs from 227 stocks (full universe); short-selling is market-wide.
Long-term risk: the long-term read runs high mainly because valuations sit near a historic extreme (Shiller CAPE) — a structural backdrop, not about this week.
Divergence: insiders are defensive while macro conditions (credit, curve, volatility) stay calm. Insiders are strong judges of their own companies but poor macro timers — historically this pattern favors selective stock-picking (see the opportunistic-buy signals) over exiting the market wholesale.
Scale (0–100): 0–20 Low · 20–40 Moderate · 40–60 Elevated · 60–80 High · 80–100 Extreme. "Right now" reads today's conditions; the "long-term" score is anchored to ~145 years of valuation history.
Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
Sort by: A–Z Riskiest Most overvalued Most shorted Buyers' strike Largest
This week in REITs
REITs — Aug 10 – Aug 14, 2026 (Wk 33): Mortgage REIT Yields Tested, Property Tax ETFs, and REITs Up 19% →
This week, attention was on the sustainability of high dividend yields from US mortgage REITs, with some facing payout tests. Separately, ETFs designed to cover property taxes and broader REIT performance, up approximately 19% year-to-date, were…
AAT
American Assets Trust, Inc.
Fairly valued
Financial Services Risk 32 · Moderate
Price$22.83
Model IV$25.00
P/IV0.93
Discount 9% Return to IV: +9.5%
ABR
ARBOR REALTY TRUST INC
Deeply undervalued
Financial Services Risk 51 · Elevated
Price$5.35
Model IV$24.66
P/IV0.23
Discount 78% Return to IV: +361.0%
ACR
ACRES Commercial Realty Corp.
Deeply overvalued
Financial Services Risk 54 · Elevated
Price$15.13
Model IV$8.28
P/IV2.46
Premium +83% Return to IV: -45.3%
ACRE
Ares Commercial Real Estate Corp
Undervalued
Financial Services Risk 27 · Moderate
Price$4.72
Model IV$6.70
P/IV0.74
Discount 30% Return to IV: +41.9%
ADAM
ADAMAS TRUST, INC.
Fairly valued
Financial Services Risk 57 · Elevated
Price$9.52
Model IV$8.31
P/IV1.11
Premium +15% Return to IV: -12.7%
ADAMG
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 72 · High
Price$25.22
Model IV$12.17
P/IV2.07
Premium +107% Return to IV: -51.7%
ADAMH
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 62 · High
Price$25.42
Model IV$12.17
P/IV2.11
Premium +109% Return to IV: -52.1%
ADAML
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 61 · High
Price$24.78
Model IV$12.17
P/IV1.99
Premium +104% Return to IV: -50.9%
ADAMM
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 72 · High
Price$25.49
Model IV$12.17
P/IV2.08
Premium +109% Return to IV: -52.3%
ADAMN
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 61 · High
Price$23.85
Model IV$12.17
P/IV1.91
Premium +96% Return to IV: -49.0%
ADAMO
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 61 · High
Price$25.17
Model IV$12.17
P/IV2.08
Premium +107% Return to IV: -51.6%
ADAMZ
ADAMAS TRUST, INC.
Deeply overvalued
Financial Services Risk 62 · High
Price$18.67
Model IV$11.32
P/IV1.62
Premium +65% Return to IV: -39.4%
ADC
AGREE REALTY CORP
Fairly valued
Financial Services Risk 45 · Elevated
Price$75.11
Model IV$81.77
P/IV0.91
Discount 8% Return to IV: +8.9%
AGNC
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 47 · Elevated
Price$10.88
Model IV$30.70
P/IV0.34
Discount 65% Return to IV: +182.2%
AGNCL
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 26 · Moderate
Price$25.24
Model IV$41.75
P/IV0.60
Discount 40% Return to IV: +65.4%
AGNCM
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 36 · Moderate
Price$25.17
Model IV$41.75
P/IV0.60
Discount 40% Return to IV: +65.9%
AGNCN
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 26 · Moderate
Price$25.92
Model IV$41.75
P/IV0.62
Discount 38% Return to IV: +61.1%
AGNCO
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 26 · Moderate
Price$25.63
Model IV$41.75
P/IV0.61
Discount 39% Return to IV: +62.9%
AGNCP
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 26 · Moderate
Price$25.22
Model IV$41.75
P/IV0.60
Discount 40% Return to IV: +65.5%
AGNCZ
AGNC Investment Corp.
Deeply undervalued
Financial Services Risk 34 · Moderate
Price$25.51
Model IV$41.75
P/IV0.61
Discount 39% Return to IV: +63.7%
AHR
American Healthcare REIT, Inc.
Deeply overvalued
Financial Services Risk 66 · High
Price$53.60
Model IV$26.16
P/IV1.87
Premium +105% Return to IV: -51.2%
AHT
ASHFORD HOSPITALITY TRUST INC
Deeply undervalued
Financial Services Risk 58 · Elevated
Price$3.21
Model IV$52.28
P/IV0.06
Discount 94% Return to IV: +1,528.7%
AIV
APARTMENT INVESTMENT & MANAGEMENT CO
Deeply undervalued
Financial Services Risk 33 · Moderate
Price$2.66
Model IV$58.68
P/IV0.07
Discount 95% Return to IV: +2,106.1%
AKR
ACADIA REALTY TRUST
Fairly valued
Financial Services Risk 57 · Elevated
Price$20.65
Model IV$18.12
P/IV1.22
Premium +14% Return to IV: -12.3%
ALX
ALEXANDERS INC
Fairly valued
Financial Services Risk 61 · High
Price$276.89
Model IV$241.22
P/IV1.02
Premium +15% Return to IV: -12.9%
AMH
American Homes 4 Rent
Fairly valued
Financial Services Risk 45 · Elevated
Price$34.63
Model IV$32.12
P/IV1.00
Premium +8% Return to IV: -7.2%
AMT
AMERICAN TOWER CORP /MA/
Fairly valued
Financial Services Risk 42 · Elevated
Price$175.58
Model IV$181.13
P/IV1.03
Discount 3% Return to IV: +3.2%
AOMD
Angel Oak Mortgage REIT, Inc.
Valuation N/A
Real Estate Risk 68 · High
Price$25.40
Model IV—
P/IV—
Limited data — see page
AOMN
Angel Oak Mortgage REIT, Inc.
Valuation N/A
Real Estate Risk 68 · High
Price$25.04
Model IV—
P/IV—
Limited data — see page
AOMR
Angel Oak Mortgage REIT, Inc.
Valuation N/A
Real Estate Risk 57 · Elevated
Price$9.00
Model IV—
P/IV—
Limited data — see page
APLE
Apple Hospitality REIT, Inc.
Fairly valued
Financial Services Risk 43 · Elevated
Price$15.57
Model IV$18.31
P/IV0.80
Discount 15% Return to IV: +17.6%
ARI
Apollo Commercial Real Estate Finance, Inc.
Deeply undervalued
Financial Services Risk 46 · Elevated
Price$6.76
Model IV$12.36
P/IV0.89
Discount 45% Return to IV: +82.8%
ARR
Armour Residential REIT, Inc.
Deeply undervalued
Financial Services Risk 66 · High
Price$16.72
Model IV$61.28
P/IV0.28
Discount 73% Return to IV: +266.5%
AVB
AVALONBAY COMMUNITIES INC
Deeply overvalued
Financial Services Risk 61 · High
Price$183.91
Model IV$98.64
P/IV1.85
Premium +86% Return to IV: -46.4%
BDN
BRANDYWINE REALTY TRUST
Deeply overvalued
Financial Services Risk 68 · High
Price$3.09
Model IV$1.27
P/IV2.43
Premium +143% Return to IV: -58.8%
BFS
SAUL CENTERS, INC.
Undervalued
Financial Services Risk 44 · Elevated
Price$34.40
Model IV$42.07
P/IV0.82
Discount 18% Return to IV: +22.3%
BHM
Bluerock Homes Trust, Inc.
Deeply overvalued
Financial Services Risk 68 · High
Price$8.85
Model IV$4.30
P/IV2.32
Premium +106% Return to IV: -51.4%
BHR
Braemar Hotels & Resorts Inc.
Deeply overvalued
Financial Services Risk 68 · High
Price$2.02
Model IV$0.99
P/IV2.49
Premium +104% Return to IV: -51.0%
BNL
Broadstone Net Lease, Inc.
Undervalued
Financial Services Risk 38 · Moderate
Price$21.24
Model IV$29.56
P/IV0.68
Discount 28% Return to IV: +39.2%
BRSP
BrightSpire Capital, Inc.
Deeply undervalued
Financial Services Risk 27 · Moderate
Price$4.97
Model IV$11.82
P/IV0.49
Discount 58% Return to IV: +137.8%
BRT
BRT Apartments Corp.
Undervalued
Financial Services Risk 33 · Moderate
Price$14.36
Model IV$17.81
P/IV0.81
Discount 19% Return to IV: +24.0%
BRX
Brixmor Property Group Inc.
Deeply overvalued
Financial Services Risk 74 · High
Price$30.02
Model IV$17.86
P/IV1.71
Premium +68% Return to IV: -40.5%
BXMT
BLACKSTONE MORTGAGE TRUST, INC.
Deeply undervalued
Financial Services Risk 57 · Elevated
Price$14.15
Model IV$23.33
P/IV0.78
Discount 39% Return to IV: +64.9%
BXP
BXP, Inc.
Deeply overvalued
Financial Services Risk 68 · High
Price$69.18
Model IV$44.90
P/IV1.34
Premium +54% Return to IV: -35.1%
CBL
CBL & ASSOCIATES PROPERTIES INC
Fairly valued
Financial Services Risk 48 · Elevated
Price$57.57
Model IV$50.71
P/IV0.95
Premium +14% Return to IV: -11.9%
CCI
CROWN CASTLE INC.
Fairly valued
Financial Services Risk 21 · Moderate
Price$75.98
Model IV$69.69
P/IV0.34
Premium +9% Return to IV: -8.3%
CDP
COPT DEFENSE PROPERTIES
Deeply overvalued
Financial Services Risk 57 · Elevated
Price$36.95
Model IV$21.75
P/IV1.47
Premium +70% Return to IV: -41.1%
CHCT
Community Healthcare Trust Inc
Deeply undervalued
Financial Services Risk 33 · Moderate
Price$15.12
Model IV$42.26
P/IV0.41
Discount 64% Return to IV: +179.5%
CHMI
Cherry Hill Mortgage Investment Corp
Deeply undervalued
Financial Services Risk 40 · Elevated
Price$2.92
Model IV$8.47
P/IV0.28
Discount 66% Return to IV: +189.9%
CIM
CHIMERA INVESTMENT CORP
Undervalued
Financial Services Risk 58 · Elevated
Price$11.97
Model IV$16.36
P/IV0.83
Discount 27% Return to IV: +36.7%
CIMN
CHIMERA INVESTMENT CORP
Overvalued
Financial Services Risk 49 · Elevated
Price$25.11
Model IV$21.56
P/IV1.17
Premium +16% Return to IV: -14.1%
CIMO
CHIMERA INVESTMENT CORP
Overvalued
Financial Services Risk 54 · Elevated
Price$25.09
Model IV$21.56
P/IV1.17
Premium +16% Return to IV: -14.1%
CIMP
CHIMERA INVESTMENT CORP
Overvalued
Financial Services Risk 45 · Elevated
Price$25.24
Model IV$21.56
P/IV1.16
Premium +17% Return to IV: -14.6%
CLDT
Chatham Lodging Trust
Deeply overvalued
Financial Services Risk 62 · High
Price$12.91
Model IV$5.70
P/IV1.90
Premium +126% Return to IV: -55.8%
CLPR
Clipper Realty Inc.
Deeply undervalued
Financial Services Risk 23 · Moderate
Price$3.34
Model IV$12.27
P/IV0.26
Discount 73% Return to IV: +267.5%
CMCT
Creative Media & Community Trust Corp
Deeply overvalued
Financial Services Risk 62 · High
Price$4.74
Model IV$1.28
P/IV3.56
Premium +272% Return to IV: -73.1%
CMTG
Claros Mortgage Trust, Inc.
Valuation N/A
Real Estate Risk 65 · High
Price$1.86
Model IV—
P/IV—
Market implies +30.5%/yr vs model +2.0% · above model
CPT
CAMDEN PROPERTY TRUST
Fairly valued
Financial Services Risk 49 · Elevated
Price$110.47
Model IV$113.48
P/IV0.94
Discount 3% Return to IV: +2.7%
CSR
CENTERSPACE
Undervalued
Financial Services Risk 44 · Elevated
Price$55.93
Model IV$75.59
P/IV0.89
Discount 26% Return to IV: +35.2%
CTO
CTO Realty Growth, Inc.
Deeply undervalued
Financial Services Risk 38 · Moderate
Price$21.96
Model IV$37.70
P/IV0.55
Discount 42% Return to IV: +71.7%