La vendita allo scoperto per NexPoint Diversified Real dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di NexPoint Diversified Real. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

NexPoint Diversified Real (NYSE:NXDT) Azioni, Report sulle vendite allo scoperto

NexPoint Diversified Real

NexPoint Diversified Real Estate Trust is a publicly traded REIT focused on opportunistic real estate investments in the United States. Their portfolio includes diverse commercial properties and investments across various real estate sectors and capital structures. Revenue sources include rental income from office and retail properties, interest income from debt investments, dividend income from equity investments, and other ancillary income from tenants. The company operates primarily through its operating partnership and wholly owned subsidiaries.

NexPoint Diversified Real Estate Trust Common Stock

NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust 5.50% Series A Cumulative Preferred Shares ($25.00 liquidation preference per share)

<p>Truist Securities  analyst Tobey Sommer   maintains GFL Environmental (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFL#NYSE">GFL</a>) with a Buy and raises the price target from $46 to $54.</p>


News

Price Target

Analyst Ratings

Truist Securities Maintains Buy on GFL Environmental, Raises Price Target to $54

<p>Vasta Platform (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTA#NASDAQ">VSTA</a>) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.13) by 23.08 percent. This is a 33.33 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $39.63 million which beat the analyst consensus estimate of $38.50 million by 2.95 percent. This is a 25.00 percent decrease over sales of $52.85 million the same period last year.</p>


Earnings

VSTA

Vasta Platform Q3 Adj $(0.10) Beats $(0.13) Estimate, Sales $39.63M Beat $38.50M Estimate

WIIM

FIVN

Five9 shares are trading higher after Piper Sandler maintained an Overweight rating on the stock and raised its price target from $35 to $46. Needham also reiterated its Buy rating.

<p>Benchmark  analyst Mark Miller   maintains Nova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVMI#NASDAQ">NVMI</a>) with a Buy and raises the price target from $240 to $245.</p>


NVMI

Benchmark Maintains Buy on Nova, Raises Price Target to $245

CRESY

CRESUD S.A.C.I.F. y A. Q1 2025 EPS ARS(66.54) Vs ARS181.95 YoY

UPST

Upstart Holdings shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $31 to $85. Citigroup upgraded the stock from Neutral to Buy and raised its price target from $56 to $87.

<p>Truist Securities  analyst William Stein   maintains Diodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DIOD#NASDAQ">DIOD</a>) with a Hold and lowers the price target from $69 to $62.</p>


DIOD

Truist Securities Maintains Hold on Diodes, Lowers Price Target to $62

Evolent Health shares are trading lower after Stephens & Co. downgraded the stock from Overweight to Equal-Weight and announced a price target of $16.

<p>Benchmark  analyst Mike Hickey   maintains Sportradar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRAD#NASDAQ">SRAD</a>) with a Buy and raises the price target from $14 to $16.</p>


SRAD

Benchmark Maintains Buy on Sportradar Gr, Raises Price Target to $16

<p>Truist Securities  analyst Keith Hughes   maintains CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) with a Buy and raises the price target from $110 to $120.</p>


Truist Securities Maintains Buy on CRH, Raises Price Target to $120

<p>Scotiabank  analyst Andres Coello   maintains Liberty Latin America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LILAK#NASDAQ">LILAK</a>) with a Sector Outperform and lowers the price target from $9.4 to $8.3.</p>


LILAK

Scotiabank Maintains Sector Outperform on Liberty Latin America, Lowers Price Target to $8.3

<p><strong>Taiwan Semiconductor Manufacturing Co. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) said that its investment strategy in the United States remains unaffected despite Donald Trump&#8217;s recent election win.</p>
<p>The statement came after speculation about potential changes to its plans following Trump&#8217;s critical remarks on Taiwan&#8217;s semiconductor industry, SCMP <a target="_blank" href="https://www.scmp.com/tech/policy/article/3285673/taiwans-chipmaker-tsmc-says-us-investment-plan-unchanged-after-trumps-election?module=perpetual_scroll_0&amp;pgtype=article" rel="noreferrer noopener">reports</a>.</p>
<p>Taiwan Semiconductor, a major supplier to tech giants like <strong>Apple Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and <strong>Nvidia Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), is proceeding with its $65 billion investment in advanced semiconductor production facilities in Arizona.</p>
<p><strong><em>Also Read:</em></strong><em> <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41820580/applovins-high-valuation-and-expansion-beyond-gaming-prompt-analyst-caution" rel="noreferrer noopener">AppLovin&#8217;s High Valuation and Expansion Beyond Gaming Prompt Analyst Caution</a></em></p>
<p>Throughout his campaign, Trump accused Taiwan <a target="_blank" href="https://www.benzinga.com/news/24/11/41780976/chip-stocks-like-nvidia-broadcom-taiwan-semi-gain-after-trump-win-whats-going-on" rel="noreferrer noopener">of undermining the</a> U.S. chip industry.</p>
<p>In a podcast appearance last month, he criticized the Chips Act, labeling it &#8220;a poor strategy,&#8221; suggesting tariffs would have been a more practical approach than offering subsidies to wealthy corporations.</p>
<p>The Biden administration recently notified Congress about imminent <a target="_blank" href="https://www.benzinga.com/government/24/11/41811866/taiwan-semi-and-globalfoundries-finalize-major-us-funding-deals-eye-growth-in-chip-manufacturing" rel="noreferrer noopener">awards from the</a> Chips Act, expected to benefit Taiwan Semiconductor, <strong>GlobalFoundries Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>), and a third unnamed semiconductor company.</p>
<p>The Act incentivizes chipmakers to expand U.S. production, allocating $37 billion across 21 preliminary agreements.</p>
<p>Despite concerns over Trump&#8217;s criticism of the Chips Act, Taiwan Semiconductor&#8217;s stock has shown resilience. The stock gained further momentum following a surge in Nvidia&#8217;s share price.</p>
<p>Taiwan Semiconductor has notified its clients in mainland China that it will cease production of advanced chips for them. The decision affects customers seeking chip designs using 7-nanometer technology or smaller, SCMP <a target="_blank" href="https://www.scmp.com/tech/tech-war/article/3285805/tsmc-halts-advanced-chip-orders-mainland-china-after-us-export-curbs-evasion-source" rel="noreferrer noopener">cites</a> familiar sources. The notice reportedly takes effect next week.</p>
<p>Mainland China contributed 11% to Taiwan Semiconductor&#8217;s third-quarter revenue, whereas North America accounted for 71%, SCMP cites Visible Alpha by S&amp;P Global Market Intelligence data.</p>
<p>Taiwan Semiconductor posted <a target="_blank" href="https://www.benzinga.com//node/41373163" rel="noreferrer noopener">fiscal third-quarter revenue</a> of 759.69 billion New Taiwan dollars ($23.50 billion), marking a 39% increase and surpassing both its guidance range of $22.4 billion—$23.2 billion and analyst expectations.</p>
<p>The company credited strong demand for smartphones and AI applications, driven by its advanced 3nm and 5nm technologies, with <strong>Needham&#8217;s</strong> Charles Shi noting <a target="_blank" href="https://www.benzinga.com/news/24/10/41388050/apples-3nm-push-boosts-taiwan-semis-q3-ai-revenue-set-to-triple-analyst" rel="noreferrer noopener">Apple as a key contributor</a>. Gross margin widened by 350 basis points to 57.8%. For the fourth quarter, Taiwan Semiconductor projects revenue of $26.1 billion—$26.9 billion, exceeding the Street&#8217;s forecast of $24.86 billion.</p>
<p>Taiwan Semiconductor stock gained over 98% year-to-date.</p>
<p><strong>Price Actions:</strong> TSM stock is up 2.60% at $206.43 premarket at the last check on Friday.</p>
<p><strong>Also Read:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/11/41819699/roblox-tightens-safety-bans-preteens-from-virtual-social-spaces" target="_blank" rel="noreferrer noopener">Roblox Tightens Safety, Bans Preteens from Virtual Social Spaces</a></strong></li>
</ul>
<p><em>Image via Shutterstock</em></p>


Government

Regulations

Movers

Tech

Media

AAPL

NVDA

Taiwan Semiconductor US Expansion Plans Unfazed by Trump Win: Report

<p>Truist Securities  analyst Michael Swartz   maintains Acushnet Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLF#NYSE">GOLF</a>) with a Hold and raises the price target from $65 to $68.</p>


GOLF

Truist Securities Maintains Hold on Acushnet Hldgs, Raises Price Target to $68

SKYE

Skye Bioscience shares are trading higher after the company reported better-than-expected Q3 EPS results.

<p>Benchmark  analyst Daniel Kurnos   maintains Tegna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGNA#NYSE">TGNA</a>) with a Buy and raises the price target from $21 to $23.</p>


TGNA

Benchmark Maintains Buy on Tegna, Raises Price Target to $23

PSTX

Poseida Therapeutics shares are trading higher after the company reported better-than-expected Q3 financial results.

<p>Scotiabank  analyst Mario Saric   maintains Killam Apartment REIT (TSX:<a class="ticker" href="https://www.benzinga.com/stock/KMP#TSX">KMP</a>) with a Sector Perform and raises the price target from C$20.5 to C$21.</p>


TSX:KMP

TSX:KMP/UN

Scotiabank Maintains Sector Perform on Killam Apartment REIT, Raises Price Target to C$21

<p>Truist Securities  analyst Neal Dingmann   maintains APA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) with a Buy and lowers the price target from $36 to $33.</p>


Truist Securities Maintains Buy on APA, Lowers Price Target to $33

<p><strong>Chainlink</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/link/usd">LINK</a>) co-founder <strong>Sergey Nazarov</strong> on Friday said &#8220;the party&#8217;s back on&#8221; for cryptocurrency markets, predicting substantial industry growth amid potential changes in the U.S. regulatory <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41823388/the-trump-effect-a-deep-dive-into-how-the-crypto-landscape-will-change-in-2025-and-beyond">landscape under <strong>Donald Trump</strong>&#8216;s presidency</a>.</p>
<p><strong>What Happened: </strong>&#8220;This is just the beginning basically. This is like the party&#8217;s back on and there&#8217;s going to be huge huge growth in all categories of crypto,&#8221; Nazarov <a href="https://x.com/ChainLinkGod/status/1854553832396828796">told</a> CNBC, expressing optimism about the industry&#8217;s trajectory.</p>
<p>Nazarov emphasized that cryptocurrency&#8217;s fundamental benefits to society outweigh regulatory concerns. </p>
<p>&#8220;I think that crypto fundamentally benefits society and makes things work in a much more reliable way than they do now,&#8221; he stated, citing <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41654131/pro-crypto-congress-in-2025-experts-see-stablecoins-as-key-area-for-advancement">stablecoins</a> and tokenized funds as examples of successful implementation.</p>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure></p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41841793/bitcoin-ethereum-solana-rally-does-not-mean-all-cryptocurrencies-will-moon-10x-research">Bitcoin, Ethereum, Solana Rally Does Not Mean All Cryptocurrencies Will Moon: 10x Research</a></strong></p>
<p>Drawing parallels with Asian crypto hubs, Nazarov pointed to successful regulatory frameworks in <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40901724/singapores-dbs-bank-launches-bitcoin-and-ethereum-options-trading-for-institutional-client">Singapore</a> and Hong Kong.</p>
<p>&#8220;More regulation doesn&#8217;t mean better markets, it just means kind of muted markets with less innovation,&#8221; he explained, advocating for a more permissive approach to <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41823388/the-trump-effect-a-deep-dive-into-how-the-crypto-landscape-will-change-in-2025-and-beyond">cryptocurrency regulation</a>.</p>
<p><strong>Price Action: </strong>Chainlink has followed other cryptocurrencies&#8217; uptrend since the start of October.</p>
<p><figure class="wp-block-table"><br />
<table>
<tbody>
<tr>
<td>Price</td>
<td>1-day performance</td>
<td>7-day performance</td>
<td>30-day performance</td>
</tr>
<tr>
<td>$13.32</td>
<td>+8.6%</td>
<td>+14.7%</td>
<td>+25.6%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p>The Chainlink co-founder&#8217;s perspectives align with growing institutional interest in digital assets, a topic that will be further explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41814454/donald-trump-could-pardon-ross-ulbricht-january-6-protestors-and-one-other-controversial-f">Donald Trump Could Pardon Ross Ulbricht, January 6 Protestors And One Other Controversial Figure, Polymarket Traders Speculate</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$LINK

'The Party's Back On'—Chainlink Co-Founder Predicts Major Crypto Growth Under Trump Presidency

EXFY

Expensify shares are trading higher after the company reported better-than-expected Q3 financial results.

Home rental REITs advance after Blackstone-Tricon deal

NexPoint Diversified Real Estate Trust declares $0.15 dividend

NexPoint Diversified: This Opaque REIT Is Best Avoided, Despite The Huge Discount

NexPoint Diversified: A Look-Through Approach To NAV Reveals Concerns

HFRO: Discount To NAV Widens To 53% For A 7% Yield

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Although the Federal Reserve&rsquo;s <a href="https://apnews.com/article/inflation-interest-rates-federal-reserve-economy-jobs-4a20a1f923eb91bbad438c6e2008c17f">continued caution</a> regarding interest rate cuts has stymied a further recovery for real estate investment trusts (REITs), when it comes to the top REITs to sell, that&rsquo;s not the main issue at hand.</p>



<p>Rather, these clear-cut sells in the sector face either REIT-specific or property class-specific headwinds. That is, there are REITs experiencing issues related to debt and tenant quality. Also, certain types of real estate, namely office buildings, continue to be negatively affected by sweeping changes that have materially changed demand &mdash; perhaps permanently.</p>



<p>Although these riskier, more uncertain REITs to sell can turn into profitable near-term trades, such as when better-than-feared results are released or there is a positive update regarding these issues, their respective long-term prospects remain grim.</p>



<p>At risk of both cuts and suspensions of their REIT distributions and further price declines, your best move with each of these REITs to sell is to dump them if you own them and stay away if you&rsquo;ve yet to enter a position.</p>



<h2>Global Net Lease (GNL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/office-1600-300x169.png" alt="Group of colleagues discuss something in an office conference room. commercial real estate"><div>Source: GaudiLab / Shutterstock</div></div><p><strong>Global Net Lease</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/gnl-stock-quote/"><strong>GNL</strong></a>), is, as you might have</span> guessed, a REIT focused on the ownership of triple net lease (<a href="https://investorplace.com/stock-quotes/nnn-stock-quote/"><strong>NNN</strong></a>) properties. In both the United States and Europe, GNL owns <a href="https://www.globalnetlease.com/our-portfolio/default.aspx">over 1,200 industrial, office and retail properties.</a> And 72% of its properties are single-tenant.</p>



<p>Back in May, <a href="https://investorplace.com/2024/05/7-reits-to-sell-in-may-before-they-crash-and-burn/">I laid out the bear case for GNL stock.</a> For one, vacancy risk runs high with Global Net Lease. A total of 20% of its properties are single-tenant offices, one of the riskier property asset classes in today&rsquo;s environment, where remote work is widespread and here to stay. Alongside vacancy risk, GNL&rsquo;s high debt leaves the REIT at risk of diluting existing shareholders through the issuance of newly issued stock to pay down debt.</p>



<p>As part of its efforts to conserve cash, GNL has been cutting down its dividend as well. Over the past year, GNL&rsquo;s quarterly distribution has fallen, first <a href="https://seekingalpha.com/symbol/GNL/dividends/history">from 40 cents to 35.4 cents per share,</a> then from 35.4 cents to 27.5 cents per share. The REIT may sport a nearly 15% forward annual yield at current prices, but given the risks, further cuts, which will likely drive further share price declines, outweigh the upside from this double-digit payout.</p>



<h2>Medical Properties Trust (MPW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/mpw_medicalpropertiestrust1600-300x169.png" alt="Blurred hospital images, Patient bed in the hospital, Hospital cleaning, Hospital disinfection cleaning, Patient bed cleaning for emergency patients. Medical Properties Trust (MPW)"><div>Source: venusvi / Shutterstock.com</div></div><p>Last month, I argued that <strong>Medical Properties Trust</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/mpw-stock-quote/"><strong>MPW</strong></a></span>) <a href="https://investorplace.com/2024/06/ready-for-quick-gains-7-top-short-squeeze-stocks-to-watch-now/">appeared poised to continue squeezing higher</a> as the healthcare-focused REIT worked out issues with a problem tenant, leaving the short sellers betting against the MPW scrambling to close out positions.</p>



<p>This month, however, it&rsquo;s clear that rather than a compelling short-squeeze play, MPW is again better described as one of the REITS to sell. Over the past month, MPW stock has tumbled to the tune of 26%. That&rsquo;s mostly due to the possible scrapping of <a href="https://seekingalpha.com/news/4120670-medical-properties-trust-sinks-amid-report-optum-drops-steward-physicians-bid"><strong>Steward Health&rsquo;s</strong> sale of its physician group.</a> Steward Health is the aforementioned problem tenant. Before the news, the assumption was that Steward would complete this deal, with the healthcare provider using the proceeds to pay back outstanding rental payments to MPW.</p>



<p>To make matters worse, it&rsquo;s not as if Steward is Medical Properties Trust&rsquo;s only problem tenant. As Seeking Alpha commentator <strong>KM Capital</strong> recently argued, <strong>Prospect Medical Holdings</strong> is <a href="https://seekingalpha.com/article/4702205-medical-properties-trust-stock-tenants-problems-snowballing">another tenant facing financial distress.</a> If issues with either of these tenants intensify, it could lead to further cuts to MPW&rsquo;s distribution, as well as continued reversal back to lower prices for shares. If you bought in before the squeeze, make a fast exit &mdash; ASAP.</p>



<h2>NexPoint Diversified Real Estate Trust (NXDT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/reits1600c-300x169.jpg" alt="tiny house figures atop letter blocks spelling out REIT, representing reits to buy. stock predictions. best REITs"><div>Source: Shutterstock</div></div><p><strong>NexPoint Diversified Real Estate Trust</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/nxdt-stock-quote/"><strong>NXDT</strong></a></span>) owns a wide mix of real estate assets. From single-family homes to self-storage facilities and most other real estate income classes in between, NXDT should live up to the &ldquo;diversified&rdquo; in its corporate name in theory by providing investors with a diversified real estate portfolio.</p>



<p>Yet, while this REIT has spread its chips widely, that&rsquo;s not to say it is a safe, steady investment opportunity. NXDT stock has fallen by more than 55% over the past year for a very good reason. As Seeking Alpha commentator Hydra Research pointed out in May, NexPoint Diversified Real Estate Trust has <a href="https://seekingalpha.com/article/4692928-nexpoint-diversified-trust-look-through-approach-to-nav-reveals-concerns">several risky assets,</a> including an interest in a portfolio of rent-stabilized single-family homes, as well as an office tower in Dallas, Texas.</p>



<p>Per NexPoint&rsquo;s latest investor presentation, the office tower has a vacancy rate of <a href="https://mma.prnewswire.com/media/2434597/NEXPOINT_Investor_Presentation.pdf?p=original">49%.</a> By bidding down NXDT, the market is attempting to price in the underlying risk, but the nearly 60% discount may not fully reflect this. If NexPoint ends up having to sell off assets at lower prices than currently expected, this could drive the next big round of price declines for NXDT shares.</p>



<h2>Orion Office REIT (ONL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/office-building-work-1600-300x169.jpg" alt="two women working on laptops in office space with black PPE face masks on"><div>Source: Halfpoint/shutterstock.com</div></div><p><strong>Orion Office REIT</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/onl-stock-quote/"><strong>ONL</strong></a></span>) is another name that I previously highlighted as being one of the REITs to sell. Much like with similarly-named Global Net Lease, the bear case here is pretty cut-and-dry.</p>



<p>In a nutshell, Orion Office REIT owns some of the most at-risk real estate in the United States. That would be single-tenant suburban office buildings. Orion&rsquo;s management may be trying to implement sweeping changes to stabilize the REIT. For instance, as CEO Paul McDowell noted in a recent interview recorded during <strong>Nareit&rsquo;s </strong>REITweek 2024 conference last month, the REIT has sold off <a href="https://www.reit.com/news/video/orion-office-reit-ceo-discusses-strategic-positioning-amid-market-challenges">20 non-core assets.</a> This, in turn, has enabled the REIT to pay down debt, as well as build up a war chest for new property acquisitions.</p>



<p>Still, it could all prove too little, too late for ONL stock. As Orion Office REIT keeps dealing with a high vacancy rate and a lower-quality tenant mix, additional declines for the stock may be in the cards. ONL has thus far maintained its dividend, but don&rsquo;t assume that an 11.46% forward yield is here to stay. Payouts could end up on the chopping block as well.</p>



<h2>PotlatchDeltic (PCH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/06/timber-wood-1600-300x169.jpg" alt="photo of walking space between two very tall stacks of processed timber"><div>Source: shutterstock.com/Free Belarus</div></div><p><strong>PotlatchDeltic</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/pch-stock-quote/"><strong>PCH</strong></a></span>) is one of several publicly traded &ldquo;timber REITs,&rdquo; or REITs that focus on the ownership of timberland acreage. The trust&rsquo;s portfolio consists of <a href="https://www.potlatchdeltic.com/Page/ViewPage/2/#rowThree">2.2 million acres of timberlands,</a> across seven U.S. states. The company also owns taxable REIT subsidiaries that engage in sawmill operations.</p>



<p>Over the past year, PCH stock has fallen by around 29%. This pullback has been driven by falling lumber demand and its impact on PotlachDeltic&rsquo;s fiscal performance. Last quarter, for instance, sales fell by around 12% year-over-year, and the REIT went from profitability to break-even. One can technically say this industry-specific headwind is somewhat related to the overarching high interest rate issue.</p>



<p><a href="https://fortune.com/2024/06/30/lumber-prices-housing-post-pandemic-double-bubble-hangover/">Lumber prices have kept falling</a> due to decreasing new home construction, resulting from the big spike in interest rates since 2021. However, while only indirectly an interest rate problem, it&rsquo;ll likely only take a normalization in rate policy to get PCH back on track. Whenever that happens, the construction market could bounce back, taking this stock along for the ride. For now, however, as &ldquo;higher for longer&rdquo; persists, expect PCH to stay one of the REITs to sell.</p>



<h2>Peakstone Realty Trust (PKST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/industrials1600d--300x169.jpg" alt="Factory pipes and towers at sunset"><div>Source: Shutterstock</div></div><p><strong>Peakstone Realty Trust</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/pkst-stock-quote/"><strong>PKST</strong></a></span>) owns a portfolio of industrial and office properties. A look at Peakstone&rsquo;s website suggests this REIT places a more-than-adequate amount of attention on quality and safety.</p>



<p>That is, Peakstone has a largely creditworthy tenant base, not to mention long-term net lease agreements in place with these tenants &mdash; with build-in escalations. Yet, while all of this makes it sound like PKST stock could be a &ldquo;set it and forget&rdquo; type of REIT play, I wouldn&rsquo;t make that assumption. Peakstone may tout its higher-quality industrial and office properties, but that&rsquo;s because, for segment reporting purposes, the REIT separates out vacant and non-core properties it is working to dispose of.</p>



<p>What remains of the non-core portfolio makes up <a href="https://s202.q4cdn.com/481442212/files/doc_earnings/2024/q1/presentation/PKST-Q1-24-IP-Final.pdf">13%</a> of the REIT&rsquo;s total annual base rent. Whittling down the rest of the non-core assets could result in realized losses for Peakstone. Even if PKST&rsquo;s 8.72% annual yield is sustainable, the impact of realized asset disposal losses on the stock price could outweigh this high rate of payout. With all of this in mind, consider PKST one of the REITs to sell.</p>



<h2>Service Properties Trust (SVC)</h2>



<div><img width="300" height="165" src="https://investorplace.com/wp-content/uploads/2018/02/hotelmsn-300x165.jpg" alt="The Headwind Isn&rsquo;t a Cyclical One for TRIP Stock"><div>Source: Shutterstock</div></div><p><strong>Service Properties Trust</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/svc-stock-quote/"><strong>SVC</strong></a></span>) owns a portfolio of hotels and a smattering of net-lease retail properties. SVC is one of many publicly traded REITs externally managed by <strong>The RMR Group</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/rmr-stock-quote/"><strong>RMR</strong></a></span>). Investors&rsquo; concerns about RMR&rsquo;s fee structure have long had a negative impact on RMR-managed REITs, resulting in what some have in the past called <a href="https://larkresearch.com/eliminating-the-rmr-discount/">the &ldquo;RMR discount.&rdquo;</a></p>



<p>SVC stock is not immune to this phenomenon. Shares currently trade at a 25% discount to book value. However, that&rsquo;s not all. Beyond the questionable prospects of Service Properties Trust closing this valuation gap, it should be noted that SVC&rsquo;s fiscal performance, severely affected by the pandemic, continues to get worse. As InvestorPlace&rsquo;s Alex Sirois recently pointed out, last quarter the company reported a <a href="https://investorplace.com/2024/06/7-at-risk-dividend-stocks-investors-should-sell-before-its-too-late/">43% drop in funds from operations (FFO),</a> or the REIT equivalent to earnings.</p>



<p>Continued poor performance will likely drive additional downward pressure on shares, not to mention potentially lead to a cut or suspension of SVC&rsquo;s quarterly distributions. SVC has a low FFO multiple and a 15.81% forward dividend yield, but make no mistake, buying the dip could end up being a lot like trying to catch a falling knife.</p>



<p><em>On the date of publication, Thomas Niel did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com </em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em>Publishing Guidelines.</em></a></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/07/7-reits-to-sell-in-july-before-they-crash-and-burn/">7 REITs to Sell in July Before They Crash &amp; Burn</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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