5 REITs Insiders are BUYING! 💸
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- čas přidán 1. 06. 2024
- Today, we look at 5 REITs that insiders are buying! These 5 cheap REITs are among the best REITs / dividend stocks to buy for 2023 and they fit nicely in a dividend portfolio. They have recently had a total of $30,000,000 in insider purchases. They are undervalued, offer a high dividend yield, and insiders are taking advantage of the discounted valuations. These 5 REITs are Agree Realty Capital (ADC REIT), Mid-America Apartment Communities (MAA REIT), American Assets Trust (AAT REIT), Safehold (SAFE REIT), and Uniti Group (UNIT REIT). They are not as famous as Realty Income (O Stock), but they are some of my favorite REIT investment opportunities and their insiders agree. 🎁You can access my entire REIT Portfolio by taking a 2-week free trial to my REIT newsletter, High Yield Landlord: seekingalpha.com/checkout?ser...
Here are three of my top REITs to buy today:
Agree Realty REIT (ADC stock), a close peer of Realty Income (O Stock) is a REIT that invests in net lease properties. Today, it is priced at a historically low valuation and high dividend yield and recently had over $7 million worth of insider purchases.
Mid America Apartment Communities (MAA stock) is an apartment REIT that owns a portfolio in rapidly growing sunbelt markets. It has a strong balance sheet and one of the best management teams in the apartment sector. But their share price has crashed with the rest of the sector and insiders are buying.
Safehold REIT (SAFE stock) is the only ground lease REIT in the world. Ground leases are very sensitive to interest rates and it has caused its share price to crash. But the insiders of the company have not lost trust in the company and keep accumulating more shares.
American Assets Trust (AAT stock) is a small diversified REIT that recently had a $17 million insider purchase from its CEO.
Uniti Group (UNIT stock) is an infrastructure REIT that owns a portfolio of fiber networks. It is one of the cheapest REITs in today's market, trading at just around 1/3 of its NAV and its CEO recently made a big purchase.
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Image sources: GMRE, CCI, VNA, NAREIT, YCHARTS, EPRA, Canva
Important Disclaimer: Leonberg Capital holds positions in ADC, O, SAFE, and UNIT. This video is impersonal and does not provide individualized advice or recommendations for any specific person. Viewers/readers should not make any investment decision without conducting their own due diligence and consulting their financial advisor about their specific situation. This video is for entertainment purposes only and you are responsible for your own investment decisions. The information is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The opinions expressed are those of the publisher and are subject to change without notice. This CZcams channel is managed by Leonberg Research OÜ, a subsidiary of Leonberg Capital OÜ.
#reits #dividend #passiveincome
Which of these 5 REITs is your favorite? Let me know below.
Thank you for all your support! All your "likes" help me to grow the channel and I really appreciate it.
Jussi
Between those 5 my favorite is Agree Realty(ADC) which I already have. LTV 25% and no debt maturities until 2028. Also consider MAA.
Not sure why all the rage about ADC. NNN has a higher grade balance sheet, higher yield, lower payout, better price/AFFO. It's only problem is higher debt compared to ADC, but afaik - nothing that would crush them.
ADC has a better balance sheet than NNN, but both are strong. The difference is in the quality of the assets. ADC has better assets that are safer. @@FxAndrej
Thanks, Jussi, for another informative and thought-provoking REIT investment ideas video presentation. Of the 5 you have discussed, I am long and adding to ADC. Good stuff!
Thanks!! ADC is also probably my favorite from this list.
Great video as always!!! Do you have a video that talks about how rents are taxed in USA by IRS... keep up the great work!!
Awesome, thank you!
Which is your favorite? :)
Insider buying of ADC picking back up with the pullback
nice video again Jussi
Thanks!
ADC & MAA .I already have them.Thank you,
Thanks!
👏👏 great video. Insiders buying = very good indicator the reit is undervalued.
Thanks for the heads up
Thank you for your support!
Great video. I bought MAA about 9 months ago and ADC last month. Maybe I should add to both. MAA took off today. Seems like most of the REITs did.
They are probably my favorites from this list
Another ultimate under the radar REIT with insider (CEO) purchases is PSTL- Postal Realty 350m. Market Cap, their CEO has made 10 separate purchases over the last two months increasing his shares 50% over that time. (I’m not invested in it.) as with virtually all REIT’s trading near a 52 week low.
My fear is what happens to these properties if the tenant ever decides to vacate. Any thoughts? Thanks!
I like Agree Realty quite a bit.
Me too! Have you looked at NNN? I like that net lease REIT a lot as well
I think NNN is better. EPRT also looks quite compelling
I like those as well. Each have pros and cons @@IPQ-sj2zs
I agree
Like as usual! I am looking into ARE and almost decided to make first entrance..the few things i am still thinking is why there have been only sells from insider (and also several times) and no buy..and also the short report of last june..i am honest to say that I dont know reits well..i looked at their fundamentals and last 2 calls/Q and numbers seems good...but i am not familiar (or i dont know where to find detailed info) with supply coming, occupancy in cities where they operate ecc..
There are many REITs with consistent insider selling over the years and ti did not prevent them from outperforming. O is the perfect example of that. Insiders can sell for a number of reasons, but only buy for one.
I've been buying, I saw that insider selling, I saw too that they do have a good chunk of stock based compensation, but they grow the FFO enough to cover it, still every quarter you have all these insiders getting free shares and they just cash them in, maybe they just have to buy xmas presents, but I don't think this is like long term holders dumping all their shares cause the place is falling to pieces, more management who get paid in shares and convert them as they go, you'd like to see more skin left in the game I guess, but balance sheet, credit ratings, low rate long term debt, it all looks good, trophy assets at some of the cheapest prices in last 10 years. a Great Financial Crisis type catastrophe saw it maybe 40% down again from here, but that was once in 30 years it's been significantly cheaper than now, go on fabrizio do it, don't let me suffer alone :)
@@stevenbond4637 ahahah thanks mate for your view..i think very soon I will join you..I know there are many reason for selling and one for buying, and it is for this that I dont understand..if the stock is so cheap who better than insider should know...anyway a small position at this level should be fine!
Thanks for another great video , Jussi!
I'd like your opinion on a European reit listed in Stockholm called Eastnine Properties. They own brand-new properties in Riga and Vilnius. I know office reits are in the doghouse right now, but does Eastnine look promising to you?
Alexander O
I will take a closer look, thanks! If you like the Baltics, have you looked at Baltic Horizon?
I really like MAA - current prices are very attractive
It's so cheap now!
Whats the class B alternative to MAA that youve mentioned? Thanks!
We keep our Top Picks private :) Feel free to join us for a 2-week free trial to access all our Top Picks: seekingalpha.com/checkout?service_id=mp_1268
Thanks for your interest!
Hi Jussi, great video as always. We’re in the world are you based? I only ask because of how strong the dollar is at the moment. Do you take this into account when buying US stocks? This will obviously take from any gains if the DXY drops to a more normal 90. Thanks.
Thank you for your support. My main base is in Estonia, but I am from Finland and used to live in Texas. I like to maintain currency diversification. I sure don't want to just have euros :)
Just bought NNN, VICI, O and ADC.....
I like all of those. Don't get overexposed to net leases though. Remember to diversify a bit
Jussi, what do you think about EQIX? I bought some in 2022 when it crashed around the 500's. It's very pricey but I like it for some reason.
I am not a big fan of data centers
what do you think about EPR? its one of my biggest positions in my REIT portfolio (the other is Realty Income)
I am very bullish on EPR. We hold it in our Portfolio as well. Feel free to join us for a 2-week free trial to access all our Top Picks: seekingalpha.com/checkout?service_id=mp_1268
On Safehold, interest coverage is only 1.5x which is worrying given their debt load and lack of cash flows. If rates stay high for an extended period of time and they have to refinance, they could run into some serious trouble.
But note that their debt maturities are some of the longest of any REITs and are well staggered. CPI adjustments will kick in and leading to significant rent growth by then. Even then, I agree. SAFE is a bet on lower rates.
I have some Uniti and will add. It’s a decent risk, in my view
I also like the risk-to-reward
can i edit your videos?
Is it still a great investment opportunity if were moving towards a higher bar of inflation?
Seems like the Reit sector is being ered because of the question whether they can keep up with the necessary growth
Higher rates lead to higher rents since it grows the pool of renters and slows down future development projects. @@lucterbogt183
Despite the decrease in price, I see it as a blessing in disguise. MPW, PLD, MAA, SUI, HASI, ADC, FR, ABR, AMT, SBAC, PSA, EXR, ARE, NXRT, CCI.... all great options to own
I do as well. I am buying more. Thanks!
… So you’re saying that if SAFE’s tenants can’t make ends meet and have to hand back the keys they can sell the plot and building having got all the development costs for free?
… I was getting excited for a second for a bit of 2008-style speculative moral hazard but then saw who their tenants were (page 22 of last presentation) which actually makes things look like a lot more solid deal!
That is correct. That's how these ground leases work. this is why they are so "safe".
Who is the MAA peer you are more interested in? AVB? ESS?
It is not one of those. Please note that we keep our Top Picks exclusive to the members of High Yield Landlord who pay for this information. Feel free to join us for a 2-week free trial to access all our Top Picks: seekingalpha.com/checkout?service_id=mp_1268
@@askjussi fair enough ;)
@@askjussi not really transparant as a financial youtuber, though I like your content
People pay for this information. It would not be fair to just put it out there. @@Hyper1555
Sam Zell and his EQR REIT is worth consideration along with ESS & MAA.
I like the founding family (shareholder friendly stance) of ESS
REITS are an incredible bargain now. When the 13d for this quarter is revealed we will see many institutional investors and hedge funds were investing in REITS.
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Right now real estate in the public market are a better deal than real estate in the private market
I agree! thanks for the addition
+ comment for algorithms
Thank you!! :)
do you own any realty income?
Yes, a bit in the Retirement Portfolio at High Yield Landlord. It is a legacy position. I prefer other REITs these days. Feel free to join us for a 2-week free trial to access all our Top Picks: seekingalpha.com/checkout?service_id=mp_1268
You may want to BINGE this channel and take notes. At least watch all the videos in last 12 months
Thanks a lot for your support! @@Dividendflywheel
@@askjussi i bought realty income yesterday and already have Agree Realty, Alexandria, Mid America Apartments and want to add Eastgroup Properties aswell. Those 5 will be goof for my reit portfolio. I have individual stocks aswel.
Thanks for sharing! I like all five. I should make a video oN EGP soon @@MarInvesteert
Reit are getting killed😂😢
That is why they are so opportunistic today :)
Buy low sell high! The risk is much lower now with this stockprice!
Good point! @@affegorilla1299
@@affegorilla1299 buy low and sell high. What does that look like? Low looks like nobody wants the property and its value is going down.
Nobody knows how low the stock will go when in the down phase. As a result don’t buy all the shares at once. Buy the shares as the stock goes down in price. When you do that you lower your cost basis as you make purchases. Each purchase at the lower price is a better bargain unless you are a trader. Long term investors just buy better deals at lower prices.
Mask On Nurse Marty (Ret)