Early May REITs: Yields To 18.23%; Upsides To 35.44%; Gains To 44.5%
Cultivating The REIT Garden
Since the Fall of 2011, reports in this series have used the dividend dog methodology to uncover possible buy opportunities in each of eight major market sectors listed by Yahoo Finance. This article responded to reader suggestions for a weekly dividend dog analysis of the Real Estate Investment Trust industry within the financials (Fins) sector.This article surveyed market closing prices May 4 and used analyst mean target prices to forecast top REIT stock upsides one year out. Yield (dividend / price) dog methodology was applied to select the top three high-yield stocks from each of ten categories: [1] mortgage finance, [2] residential, [3] retail, [4] mixed industrial & office, [5] specialty, [6] office, [7] diversified, [8] health, [9] lodging, and [10] industrial.See the Dow 30 article for explanation of the term "dogs" for stocks reported, based on Michael B. O'Higgins' book "Beating The Dow" (HarperCollins, 1991), now named Dogs of the Dow. Below, Arnold active REIT dog selections are disclosed step by step. Four actionable conclusions are drawn.Actionable Conclusion (1) 10 Top REIT Dogs Seek 13.27% to 39.28% May 2016 UpsidesThe charts above use the one-year median target price set by brokerage analysts multiplied by the number of shares in a $1k investment to compare ten Real Estate Investment Trust (REIT) stocks showing the highest upside price potential into 2016 out of 30 selected by yield. The number of analysts... Read more