Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 7% Dividend Yields
High-yield REITs DEA (7.95%), VICI (7.90%) and DEI (7.73%) face mixed analyst ratings, lower targets and upcoming quarterly results.
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JP Morgan analyst Anthony Paolone downgrades VICI Properties (NYSE:VICI) from Overweight to Neutral and announces $30 price target.
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High-yield REITs DEA (7.95%), VICI (7.90%) and DEI (7.73%) face mixed analyst ratings, lower targets and upcoming quarterly results.
The article examines four high-yield dividend REITs that could generate $1,000 monthly passive income. AGNC and Annaly are mortgage REITs with yields exceeding 15% but face significant interest rate risk. Realty Income and Vici Properties are equity REITs investing in physical real estate with more sustainable dividends. An average investment of approximately $103,941 across all four stocks would be needed to achieve $12,000 annual dividend income.
VICI Properties trades at a discount (9.06X forward P/E vs. 14.91X industry average) with strong fundamentals including 100% occupancy, long-term leases with CPI protection, and strategic portfolio expansion. However, heavy dependence on Caesars (38%) and MGM (32%) for 70% of rental income poses concentration risk. The stock's recent 10.4% decline appears excessive given solid fundamentals, making it attractive for long-term investors.