Every year, there are certain times when stock prices do not come close to reflecting the opinions of Wall Street analysts, and these times can be opportunities for investors to pick up shares that have the potential for strong appreciation.

For dividend stocks such as real estate investment trusts (REITs), often this is also a chance to acquire a beaten-down stock with a higher yield than normal. Here are three REITs whose recent prices are well below recent analyst price targets, offering a potential opportunity for massive price upside, as well as high yield.

Innovative Industrial Properties Inc. (NYSE...