income builder 2021 24420.png
apartment REITs
homebuilders ETFs
single family rental REITs
manufactured housing REITs
student housing REITs
data center REITs
Cell tower REITs
net lease REITs
industrial REITs
storage REITs
office REITs
mall REITs
hotel REITs
Timber REITs
healthcare REITs
Billboard REITs
shopping center REIT
Casino REITs
cannabis REITs
farmland REIT investing
mortgage REITs

Explore our Real Estate Indexes

The Easy Way To Invest in Real Estate

RIET Hoya Capital High Dividend Yield ETF.png
HOMZ_Logo_Just Ticker.png
ETF express.png
  • Alex Pettee, CFA

Weekly Outlook: REITs Rebound As Earnings Heat Up

  • Despite another week of downright ugly economic data, U.S. equity markets delivered their best month since 1987 in April amid rising optimism of an impending economic reopening.

  • The economic reopening could not come soon enough. Another 3.8 million Americans filed for unemployment claims this week, bringing the six-week total above 30 million.

  • Ending April with gains of 13%, the S&P 500 ended this week lower by 0.1%, but mid-cap and small-cap stocks bucked the prevailing trends of 2020 by delivering strong gains.

  • Equity and Mortgage REITs each outperformed this week as earnings results have generally been in line or slightly better than expectations. Rent collection has largely been a non-issue for non-retail REITs.

  • Earnings season hits high-gear next week with 50% of the REIT sector reporting results. 28 out of 165 Equity REITs have cut dividends since the start of the pandemic.

To continue reading, click here to visit Seeking Alpha!