The Real Estate Investment Trust sector (REIT) outperformed the S & P 500 in 2010 and is expected to continue on its strong path with total returns of 9 to 11% in 2011. The demand for REITs is high and is steadily increasing due to their equity offering better yields and cash flow than dividend paying stocks. Of the REITs, it is predicted that multifamily and hotel sectors will have the strongest internal growth in 2011. Here is a list of the 10 buy-rated real estate stocks for 2011 according to the analysts at Keefe, Bruyette & Woods.
Alexandria Real Estate Equities
Market cap: $4 billion
Dividend yield: 2.6%
KBW price target: $79
Avalon Communities
Market cap: $9.59 billion
Dividend yield: 3.18%
KBW price target: $138
Forest City Enterprises
Market cap: $2.56 billion
Dividend yield: 0.0%
KBW price target: $19
Glimcker Realty Trust
Market cap: $6.915 million
Dividend yield: 4.9%
KBW price target: $9
Hersha Hospitality Trust
Market cap: $1.12 billion
Dividend yield: 3%
KBW price target: $7
Lexington Realty Trust
Market cap: $1.09 billion
Dividend yield: 5.7%
KBW price target: $9.50
Ramco-Gershenson Properties
Market cap: $465.2 million
Dividend yield: 5.3%
KBW price target: $13
Rayonier
Market cap: $4.28 billion
Dividend yield: 4.1%
KBW price target: $57
Starwood Hotels and Resorts Worldwide
Market cap: $11.69 billion
Dividend yield: .5%
KBW price target: $62
DCT Industrial Trust
Market cap: $1.14 billion
Dividend yield: 5.3%
KBW price target: $6
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