#6 - Global Self Storage (NASDAQ:SELF)
Low beta stocks feature businesses that sometimes can be a little…boring. But in volatile markets, boring can be beautiful. That brings us to Global Self Storage, Inc. (NASDAQ: SELF). This is a small-cap stock. The real estate investment trust (REIT) has a market cap of just $54 million. And the company has a portfolio that includes just 13 properties.
This hasn’t stopped the company from delivering a performance that is competitive with other storage REITs many times its size. And one way that Global Self Storage competes nicely is through its dividend. REITs must distribute as much as 90% of their earnings as dividends. Currently, the company is rewarding investors with a dividend yield of just under 6% (5.91%).
The stock is down 7% over the last 12 months. However, analysts give the stock a price target that suggests an upside of more than 45%. And at a time when many stocks are overvalued, SELF stock is widely considered to be properly valued.
About Global Self Storage
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.
Read More - Current Price
- $5.17
- Consensus Rating
- Buy
- Ratings Breakdown
- 1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $6.50 (25.7% Upside)
