Nuveen Short-Term REIT ETF [NURE] Stock Forecast

The REIT sector sharply rebounded from a tough 2022 with an +11.77% total return in January 2023. Micro cap REITs (+16.16%) saw disproportionately strong gains in January, followed by double-digit returns for small caps (+11.79%), mid caps (+11.50%) and large caps (+10.07%).

Despite delivering the strongest earnings growth of any property sector in 2022, Self-Storage REITs have stumbled of late amid a post-pandemic demand normalization and pressure from elevated supply growth. Storage demand is driven largely by housing activity – specifically home sales and rental market turnover. Rental market turnover finished 2022 near historic-lows while home sales also dipped to decade-lows.

NURE is an ETF holding REITs with real estate types that have short-term leases like apartments, mobile homes, self-storage facilities, and hotels. There are some internal issues with NURE, such as the fact that its various real estate sectors have different fundamental drivers of performance.

Mortgage rates have not been this high since before the housing crisis. And while the housing market is slowing, prices are still high.

NURE is a specialty real estate ETF that owns only REITs with short lease terms, like apartments, mobile-home parks, single-family rentals, self-storage facilities, and hotels. The dynamics of rent growth across the nation have shifted this year.

NURE owns real estate investment trusts with short-term leases, such as those that own apartments, hotels, and self-storage facilities. Almost all of NURE's holdings that have reported Q1 results so far have at least met expectations, while most have beaten and raised 2022 guidance.

The S&P 500 Real Estate sector has struggled this year amid recession concerns and rising bond yields.

After back-to-back negative return months at the start of the year, REITs began the recovery process in March with a +4.93% total return.

Investors can use exchange traded funds to prepare their portfolios to guard against inflation's risks. In the recent webcast, Inflation: Preparing Portfolios for a Shifting Environment, Brian Griggs, managing director, portfolio strategist, Nuveen, explains that investors will have to adapt to a new normal as the Federal Reserve has raised interest rates for the first [.

We discuss the outlook for real estate markets.

Nuveen Short-Term REIT ETF is a US stock and trading under the symbol NURE

Nuveen Short-Term REIT ETF stock price is $27.56 today.

Yes, Nuveen Short-Term REIT ETF is a publicly traded company.