The screen: REITs and real-estate operators — valued on assets and covered distributions rather than free cash flow, ranked on a financial-strength score tuned for property returns, price-to-book, and dividend coverage.
How this ranking works
Real Estate companies are balance-sheet businesses — free cash flow and returns on invested capital, which our quality-growth score relies on, aren't meaningful for them. So every real estate name in our US universe is scored on a separate financial-strength model instead: a 0–100 read blending profitability (returns on equity), value (price-to-book for banks and REITs, price-to-earnings for fee-based managers), and covered income (a healthy, sustainable dividend). The table below ranks them by that score, highest first, and re-scores every trading day. This is a different scale from the quality-growth score on other stocks — it ranks financials against each other, not against the whole market.
REITs and real-estate operators — valued on assets and covered distributions rather than free cash flow, ranked on a financial-strength score tuned for property returns, price-to-book, and dividend coverage.
Every scored name in the sector, grouped by the industry it reports under.
Where analysts are moving on Real Estate
Across the 100 Real Estate names with a reading, the median forward earnings estimate is roughly unchanged — +0.2% over 90 days, in line with the market (+0.3%). 40 of 100 are being revised up, 32 down.
Forward earnings estimates implied by price ÷ forward P/E, both captured at the same moment each trading day since June 2026, so a moving share price does not move these figures — only a changed forecast does. 100 of 115 members carry a reading; the rest have no forward P/E to imply one from, which is normal for loss-makers. Estimate direction is not part of the Bull Rankings score. Biggest movers across the market →
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.