Cohen & Steers REIT and Preferred and Income Fund Inc. Common Shares (RNP)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I see RNP not as an operating company but as a closed-end fund holding REITs and preferred or debt securities. The fund has no classic wide moat; its edge depends on manager skill, which the available figures do not prove. At the close on 2026-10-13, the price was $18.38, near the low end of its 52-week range of $18.01 to $21.88, with a market cap of $992.2M. The valuation looks interesting: FairStock calculations show a P/E of 7.72, P/B of 0.89, EPS of $2.38, and a dividend yield of 8.46%. The Graham Number is $33.24, implying a 44.71% margin of safety. That is the kind of discount Graham would notice. But financial health is not clean: ROE is 11.04%, yet ROCE is only 2.45%, D/E is 0.43, Altman Z-Score is 1.50, and Piotroski F-Score is 0/9. Growth is a blank: revenue growth and profit growth are N/A, and the Lynch category is none because only 0 years of filed results are available. FairStock Score sits at 54/100. I like the yield and the discount to book and conservative value. I do not like the weak strength signals and missing track record. This is a situation where price may compensate for risk, but only if the income stream and net asset value hold up.

In plain English: This is a closed-end fund that owns U.S. real estate stocks and preferred and income securities. The numbers are mixed: it pays a very high income yield and trades below its accounting value and below a conservative valuation estimate, but its financial-strength marks are weak and there is little filed history. At $18.38, the price looks relatively cheap against the reported earnings and book value, though the risks are meaningful.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer