Single-Family Residential REITs
Millrose Properties, Inc. (MRP)
BUY. 12-month probability-weighted target $27 (+21% vs spot). P/E Multiple explains 90% of Monte Carlo outcome variance.
Invitation Homes Inc (INVH)
HOLD. 12-month probability-weighted target $29 (+8% vs spot). P/E Multiple explains 84% of Monte Carlo outcome variance.
Equity Lifestyle Properties Inc (ELS)
HOLD. 12-month probability-weighted target $64 (+8% vs spot). P/E Multiple explains 80% of Monte Carlo outcome variance.
American Homes 4 Rent (AMH)
HOLD. 12-month probability-weighted target $33 (+7% vs spot). P/E Multiple explains 86% of Monte Carlo outcome variance.
Sun Communities Inc (SUI)
HOLD. 12-month probability-weighted target $112 (-2% vs spot). P/E Multiple explains 74% of Monte Carlo outcome variance.