Core Insights - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1][2] - The investment group targets high-yield, dividend growth opportunities, aiming for dividend yields up to 10% [2] Group 1 - The service offers investment research on various asset classes including REITs, ETFs, closed-end funds, preferreds, and dividend champions [2] - The investment strategy emphasizes defensive stocks with a medium- to long-term horizon [2] Group 2 - The group provides a free two-week trial for potential investors to explore its income-focused portfolios [1] - The focus on overlooked stocks that offer the best value is highlighted as a key investment strategy [2]

Core Viewpoint - Belpointe PREP, LLC (OZ) is positioned as a unique real estate company focusing on opportunity zones, which provides tax advantages to investors [1] Company Overview - The fund is managed by Labutes IR, a Fund Manager/Analyst with over 18 years of experience in the financial markets, specializing in the financial sector [1]

Market Overview - The market is currently down over 1%, continuing a sell-off trend from the previous week [1] Investment Opportunities - Some stocks are now trading at attractive valuations relative to their quality, presenting potential investment opportunities [1]

Core Insights - The article focuses on Agree Realty Corporation (ADC) and its financial health, particularly its preferred stock (ADC.PR.A) which is characterized by a very strong balance sheet [1] Financial Health - Agree Realty Corporation is noted for having a very strong balance sheet, indicating solid financial stability and potential for growth [1] Preferred Stock Characteristics - The preferred stock of Agree Realty Corporation (ADC.PR.A) is highlighted, suggesting it may present attractive investment opportunities due to the company's financial strength [1]

Core Insights - Focusing solely on Dividend Aristocrats and Dividend Kings may overlook other significant investment opportunities in the dividend space [1][2] - Identifying lesser-known, high-risk, high-yield dividend stocks can lead to higher yield-on-cost for investors in the long run [2][3] Company Analysis - Americold Realty Trust (COLD) is a real estate investment trust (REIT) that operates a large network of food industry warehouses and has recently expanded its operations by securing exclusive rights to export Irish meat to the U.S. [7][8] - In its latest financial report, Americold experienced a 1% year-over-year decline in sales, totaling $664 million, while its net loss increased by nearly 205% to $11 million, attributed to rising operating costs and softening demand [8] - Despite these challenges, Americold has a market capitalization of approximately $3 billion, indicating potential for growth as a small to mid-sized company [9]

Group 1 - CareTrust REIT (CTRE) has shown strong growth potential, achieving high ratings in the 80s to 90s range, and is making headlines as it reaches new highs [1][4] - The stock has been recognized for its improved relative price performance, indicating a positive trend in its market strength [4] - CareTrust REIT is noted for its acquisition-minded strategy, making it a stock worth considering for investors [4] Group 2 - The stock's technical rating has been upgraded, reflecting its improved performance metrics [4] - CareTrust REIT is attempting to close in on key technical measures, which could further enhance its investment appeal [4] - The company has been highlighted for its potential to generate option premiums through covered calls, adding another layer of investment strategy [4]

Core Viewpoint - Annaly Capital Management reported third-quarter earnings that surpassed estimates, but experienced a decline in book value year-over-year, raising questions about future performance and market trends [2][5]. Financial Performance - Adjusted earnings available for distribution per average share were 73 cents, exceeding the Zacks Consensus Estimate of 72 cents and up from 66 cents in the same quarter last year [2]. - Net interest income (NII) was $275.8 million, which fell short of the Zacks Consensus Estimate by 38.3%, compared to $13.4 million in the prior-year quarter [3]. - The average yield on interest-earning assets improved to 5.40%, up from 5.16% in the previous year [4]. - The net interest spread increased to 1.50% from 1.32% year-over-year, while the net interest margin rose to 1.70% from 1.52% [4]. Asset and Capital Metrics - Total assets at the end of the third quarter were $125.9 billion, reflecting a 12.2% increase from the prior quarter [3]. - Book value per share (BVPS) decreased to $19.25 from $19.54 in the prior-year quarter [5]. - The economic capital ratio improved to 14.8%, up from 14.6% year-over-year [5]. - Economic leverage remained stable at 5.7X as of September 30, 2025 [5]. Returns and Estimates - The annualized return on average equity was 14.7%, an increase from 12.9% in the prior-year quarter [6]. - Estimates for the stock have been trending downward over the past month, indicating a potential shift in market sentiment [7][10]. Stock Performance and Outlook - Annaly has a poor Growth Score of F and a Momentum Score of D, with an aggregate VGM Score of F, placing it in the bottom 40% for value investors [8]. - The company holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [10].

Core Viewpoint - Franklin Street Properties Corp. (FSP) is currently reviewing strategic alternatives to maximize shareholder value, which includes potential asset sales and refinancing of existing debt [1][2]. Group 1: Strategic Review - The Board of Directors initiated a review of strategic alternatives on May 14, 2025, to explore ways to enhance shareholder value [1]. - The ongoing review includes various options such as a sale of the company, asset sales, and refinancing existing indebtedness [1]. - BofA Securities is serving as the financial advisor for FSP during this review process [1]. Group 2: Share Price and Financial Negotiations - The company has noted a recent decline in its share price but has not identified a specific reason for this drop [2]. - FSP is actively negotiating with a potential lender to refinance all of its existing indebtedness [2]. - The company aims to provide updates to the market once the strategic review process is complete [2]. Group 3: Company Overview - Franklin Street Properties Corp. is based in Wakefield, Massachusetts, and focuses on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West regions [4]. - The company seeks value-oriented investments aimed at long-term growth and appreciation, as well as current income [4]. - FSP operates as a real estate investment trust (REIT) for federal income tax purposes [4].

Core Insights - Agree Realty (ADC) is a net lease REIT that has demonstrated consistent performance, with results this quarter exceeding expectations and guidance being raised again [1][2] - The company reported its largest quarterly investment volume since the COVID pandemic, deploying over $450 million across various platforms while maintaining disciplined underwriting [1] Financial Performance - FFO and AFFO metrics surpassed consensus estimates by $0.02, with the revised midpoint for full-year 2025 AFFO per share slightly above analyst expectations at $4.32 [2][4] - The company ended the quarter with approximately 111.5 million weighted-average shares outstanding and has around 14 million unsettled forward shares available for future acquisitions [6] Acquisition and Investment Strategy - ADC invested $451 million during Q3 2025 across 110 high-quality retail net lease assets in 34 states, with a 7.2% cap rate and a 10.7-year weighted-average lease term [10] - The company continues to find attractive properties in a competitive market, reinforcing its long-standing strategy of long leases and high credit quality [7] Guidance and Outlook - Revised guidance for 2025 includes an increase in AFFO per share from a range of $4.29 to $4.32 to a new range of $4.31 to $4.33, along with adjustments in other financial metrics [8] - Treasury yields have been falling, which may positively impact valuations for net lease REITs in future quarters, suggesting potential for a modest increase in price targets [13] Equity Issuance and Forward Sales - ADC has been selective in issuing shares to fund acquisitions, utilizing forward sales to align funding with acquisition timing and prevent idle cash on the balance sheet [3][5] - The company was active in initiating forward sales during Q3 2024, but has slowed down since then due to a large amount of shares waiting to be settled [4]

Core Insights - The Nasdaq Composite Index includes stocks that provide monthly dividends, appealing to investors seeking regular passive income [2][3] Company Summaries AGNC Investment Corp. - AGNC Investment Corp. reported Q3 revenue of $836 million and net income of $0.72 per share, with a portfolio valued at $90.8 billion [4][7] - The company offers a high dividend yield of 14.30% and has a stock price of $10, which has increased by 8.5% in 2025, nearing its 52-week high of $10.63 [5][6] - AGNC exclusively invests in U.S. government agency mortgage securities and employs leverage through repurchase agreements to enhance returns [6][7] - The company has a payout ratio of 93.51% and announced a monthly dividend of $0.12, having consistently paid dividends since its inception in 2008 [6][8] Phillips Edison - Phillips Edison reported a 97.6% occupancy rate and raised its 2025 net income guidance to a range of $0.62-$0.65 per share [4]