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Sectors & IndustriesReal Estate
Best Real Estate Stocks to Buy Now (2024)
Top real estate stocks in 2024 ranked by overall Zen Score. See the best real estate stocks to buy now, according to analyst forecasts for the real estate sector.

Sector: Real Estate
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
CHCI
COMSTOCK HOLDING COMPANIES INC
$62.68M$45.08M$8.48M$7.94M$0.8310.35%20.04%-8.79%13.53%2024-06-14
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
$3.00B$308.89M$248.89M$162.57M$5.747.28%74.95%1.23%41.83%
CHCT
COMMUNITY HEALTHCARE TRUST INC
$621.34M$115.00M$79.07M$18.30M$0.6113.44%17.86%110.34%30.69%
CUBE
CUBESMART
$9.34B$1.06B$705.77M$407.72M$1.812.69%11.66%16.77%15.25%
CBRE
CBRE GROUP INC
$26.62B$32.47B$1.96B$995.11M$3.245.07%8.29%-9.24%0.37%2024-07-25
NSA
NATIONAL STORAGE AFFILIATES TRUST
$2.66B$846.22M$568.20M$166.29M$1.982.90%19.66%90.38%N/A
SBAC
SBA COMMUNICATIONS CORP
$20.12B$2.69B$1.62B$555.14M$5.140.18%7.22%48.55%70.19%2024-07-29
GLPI
GAMING & LEISURE PROPERTIES INC
$11.98B$1.46B$1.33B$725.40M$2.728.08%5.85%-6.85%11.62%2024-06-13
APLE
APPLE HOSPITALITY REIT INC
$3.48B$1.36B$454.01M$198.62M$0.865.62%1.31%22.86%-0.46%
SHO
SUNSTONE HOTEL INVESTORS INC
$2.08B$960.20M$374.01M$184.75M$0.90-2.34%-3.46%136.84%-1.28%
CSGP
COSTAR GROUP INC
$34.00B$2.53B$373.10M$294.27M$0.7212.26%15.18%-21.74%-0.84%2024-06-06
HST
HOST HOTELS & RESORTS INC
$12.81B$5.40B$1.65B$721.00M$1.033.59%-0.61%-8.85%-5.55%
MITT
AG MORTGAGE INVESTMENT TRUST INC
$196.59M$100.38M$62.13M$43.79M$1.84394.94%19.89%N/A20.64%
RHP
RYMAN HOSPITALITY PROPERTIES INC
$6.27B$2.19B$647.51M$292.95M$5.029.82%10.08%29.05%-0.66%
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
$3.09B$224.86M$535.55M$410.66M$5.1720.94%N/A41.13%N/A2024-07-18
HASI
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC
$3.73B$356.59M$522.35M$247.75M$2.2842.43%19.83%985.71%18.16%
NHI
NATIONAL HEALTH INVESTORS INC
$2.81B$318.96M$260.98M$132.03M$3.0510.27%1.37%45.93%-3.21%
FCPT
FOUR CORNERS PROPERTY TRUST INC
$2.20B$257.14M$195.36M$96.26M$1.0712.41%11.62%-10.08%-3.67%2024-06-06
RMR
RMR GROUP INC
$732.34M$982.58M$64.56M$45.20M$2.717.69%12.82%1.12%-10.62%
BFS
SAUL CENTERS INC
$861.66M$260.85M$151.04M$41.62M$1.745.71%2.47%6.10%-0.23%
BEKE
KE HOLDINGS INC
$20.18B$10.22BN/A$492.29M$0.423.06%N/A80.08%N/A
ALEX
ALEXANDER & BALDWIN INC
$1.19B$219.70M$105.96M$44.37M$0.61-0.90%-19.76%N/AN/A2024-07-25
AAT
AMERICAN ASSETS TRUST INC
$1.27B$444.11M$238.55M$53.50M$0.903.54%5.77%9.76%6.08%2024-06-03
LODE
COMSTOCK INC
$35.53M$1.67M$12.24M$7.93M$0.08982.26%58.86%N/AN/A2024-05-30
FPH
FIVE POINT HOLDINGS LLC
$476.98M$215.97M$79.57M$62.26M$0.90396.37%35.61%N/AN/A2024-07-18
O
REALTY INCOME CORP
$44.91B$4.40B$3.68B$776.99M$1.0826.27%26.37%-24.48%-4.22%
GTY
GETTY REALTY CORP
$1.45B$192.20M$143.46M$62.79M$1.1713.13%6.43%-33.90%-0.17%2024-07-24
EGP
EASTGROUP PROPERTIES INC
$7.68B$589.79M$434.71M$214.45M$4.6315.86%13.95%19.95%15.12%2024-07-23
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
$4.62B$379.41M$358.41M$194.79M$1.2326.44%28.77%13.89%25.83%2024-07-24
VICI
VICI PROPERTIES INC
$29.48B$3.69B$3.40B$2.58B$2.5420.38%32.76%73.97%11.56%2024-07-24
KRG
KITE REALTY GROUP TRUST
$4.61B$823.69M$589.59M$56.26M$0.261.15%18.81%766.67%N/A2024-05-29
KRC
KILROY REALTY CORP
$3.80B$1.12B$683.64M$205.55M$1.74-0.78%7.82%-13.43%-7.43%2024-07-29
CCI
CROWN CASTLE INC
$42.45B$6.85B$4.06B$1.39B$3.21-2.39%4.56%-17.05%17.55%2024-06-04
INVH
INVITATION HOMES INC
$20.87B$2.49B$1.57B$541.58M$0.898.40%7.48%30.88%71.49%2024-07-24
LFT
LUMENT FINANCE TRUST INC
$132.73M$36.21M$20.95M$16.19M$0.3256.40%N/A100.00%N/A
ABR
ARBOR REALTY TRUST INC
$2.50B$699.99M$441.90M$303.62M$1.646.43%15.95%-7.87%3.36%2024-07-26
NNN
NNN REIT INC
$7.48B$839.41M$805.71M$396.54M$2.186.68%5.79%13.54%8.20%
RFL
RAFAEL HOLDINGS INC
$38.60M$275.00k$2.02M$2.19M$0.11-3.51%-42.72%N/AN/A2024-06-11
DLR
DIGITAL REALTY TRUST INC
$44.92B$5.47B$3.39B$1.12B$3.6811.55%11.91%217.24%23.91%2024-07-25
WY
WEYERHAEUSER CO
$21.70B$7.59B$1.68B$802.00M$1.10-15.24%0.91%-35.67%34.49%2024-07-25
TRNO
TERRENO REALTY CORP
$5.42B$333.97M$249.11M$163.43M$1.9216.44%16.53%-27.27%10.80%
SPG
SIMON PROPERTY GROUP INC
$47.97B$5.75B$4.93B$2.56B$7.867.56%0.16%19.09%0.54%
PLD
PROLOGIS INC
$97.21B$8.21B$6.61B$3.17B$3.4325.88%23.29%6.19%4.44%2024-07-16
ALX
ALEXANDERS INC
$1.07B$233.42M$206.20M$107.30M$20.9311.40%0.15%97.45%12.14%2024-07-29
UDR
UDR INC
$12.58B$1.64B$1.34B$451.64M$1.385.25%9.06%345.16%21.56%2024-07-24
LAND
GLADSTONE LAND CORP
$478.44M$89.45M$86.49M$1.92M$0.06-1.16%20.46%N/A-14.33%
LAMR
LAMAR ADVERTISING CO
$12.11B$2.14B$980.53M$497.58M$4.884.18%5.31%17.31%7.18%
EXR
EXTRA SPACE STORAGE INC
$30.14B$2.86B$1.94B$820.01M$4.4344.01%18.50%-30.35%5.94%
LTC
LTC PROPERTIES INC
$1.48B$199.11M$165.58M$80.23M$1.938.29%2.94%-34.13%-13.17%2024-07-25
SBRA
SABRA HEALTH CARE REIT INC
$3.30B$652.94M$337.23M$49.50M$0.204.80%1.91%N/A-23.02%2024-06-13
MAA
MID AMERICA APARTMENT COMMUNITIES INC
$15.22B$2.16B$1.29B$556.96M$4.774.35%6.40%-16.32%18.29%2024-07-24
HIW
HIGHWOODS PROPERTIES INC
$2.66B$832.52M$573.56M$128.46M$1.22-0.33%3.18%-19.74%-2.71%2024-07-23
CTRE
CARETRUST REIT INC
$3.58B$230.23M$155.01M$63.25M$0.5214.97%7.75%-7.14%-6.30%
WETH
WETOUCH TECHNOLOGY INC
$18.85M$39.71M$12.61M$8.26M$0.894.70%1.56%-83.46%-36.22%
EQIX
EQUINIX INC
$72.95B$8.32B$3.41B$941.39M$10.0010.50%9.77%13.12%13.88%
SKT
TANGER INC
$2.96B$478.84M$264.82M$98.02M$0.928.17%-0.63%15.00%1.36%
OPEN
OPENDOOR TECHNOLOGIES INC
$1.52B$5.01B-$44.00M-$283.00M-$0.42-63.01%N/AN/AN/A2024-06-14
NXRT
NEXPOINT RESIDENTIAL TRUST INC
$931.46M$275.88M$235.45M$74.45M$2.901.28%12.51%N/AN/A2024-07-23
IRS
IRSA INVESTMENTS & REPRESENTATIONS INC
$882.52M$255.39M$27.47M$172.32M$2.30-37.02%-33.63%-60.11%-25.76%
CPT
CAMDEN PROPERTY TRUST
$10.81B$1.57B$1.16B$445.28M$4.105.48%9.76%-27.56%20.41%
EQR
EQUITY RESIDENTIAL
$24.50B$2.90B$2.10B$914.88M$2.424.05%2.15%-0.41%10.19%2024-06-20
REG
REGENCY CENTERS CORP
$10.89B$1.37B$904.93M$368.58M$2.0510.48%3.89%-8.89%3.82%
DEA
EASTERLY GOVERNMENT PROPERTIES INC
$1.19B$288.81M$162.54M$19.54M$0.19-1.27%10.51%-38.71%30.60%
SELF
GLOBAL SELF STORAGE INC
$55.85M$12.19M$4.66M$2.21M$0.180.20%8.10%-28.00%14.87%2024-06-05
AMT
AMERICAN TOWER CORP
$86.40B$11.21B$6.54B$2.06B$4.433.63%8.34%48.16%7.75%2024-07-25
ESS
ESSEX PROPERTY TRUST INC
$16.39B$1.68B$1.29B$525.02M$8.182.84%3.63%8.63%5.20%2024-07-25
RC
READY CAPITAL CORP
$1.40B$495.04M$198.13M$214.03M$1.6046.82%17.81%16.79%-6.00%
AVB
AVALONBAY COMMUNITIES INC
$27.34B$2.81B$1.99B$955.37M$6.725.72%4.15%-8.07%-1.51%2024-07-29
SITC
SITE CENTERS CORP
$2.96B$529.67M$509.45M$215.71M$1.02-4.86%-3.20%36.00%2.09%2024-07-23
REXR
REXFORD INDUSTRIAL REALTY INC
$9.52B$825.69M$552.61M$228.22M$1.0922.02%29.77%14.74%25.51%2024-06-11
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
$20.46B$2.95B$1.41B$184.07M$1.0710.44%16.68%-76.33%-20.17%2024-07-22
ADC
AGREE REALTY CORP
$5.96B$560.33M$448.15M$165.77M$1.7022.32%30.64%-5.56%-0.80%
CUZ
COUSINS PROPERTIES INC
$3.45B$809.39M$508.75M$74.06M$0.504.02%10.52%-53.27%-11.86%2024-07-25
AHH
ARMADA HOFFLER PROPERTIES INC
$753.91M$716.47M$149.37M$6.10M$0.0934.56%30.47%-89.41%-23.79%
FPI
FARMLAND PARTNERS INC
$524.89M$56.78M$60.41M$27.54M$0.55-5.35%0.37%205.56%N/A2024-07-24
PCH
POTLATCHDELTIC CORP
$3.40B$994.24M$188.23M$45.54M$0.58-15.56%0.78%-76.42%-19.91%2024-06-04
ELS
EQUITY LIFESTYLE PROPERTIES INC
$11.42B$1.51B$673.98M$341.73M$1.843.38%8.54%21.05%4.45%2024-07-15
FR
FIRST INDUSTRIAL REALTY TRUST INC
$6.09B$626.88M$501.86M$287.30M$2.1811.18%8.93%-24.04%12.87%2024-07-17
AMH
AMERICAN HOMES 4 RENT
$13.08B$1.65B$974.44M$358.05M$0.987.66%8.56%11.36%54.87%2024-07-25
OHI
OMEGA HEALTHCARE INVESTORS INC
$7.69B$974.84M$831.58M$273.60M$1.1215.08%1.95%-4.27%-3.23%
RITM
RITHM CAPITAL CORP
$5.31B$4.18B$1.05B$725.46M$1.5014.53%16.06%167.86%1.68%
STAG
STAG INDUSTRIAL INC
$6.32B$721.83M$558.32M$179.80M$1.007.46%14.71%2.04%9.68%2024-07-24
JLL
JONES LANG LASALLE INC
$9.35B$21.17B$726.10M$300.70M$6.311.89%5.00%-39.33%-9.19%
DRH
DIAMONDROCK HOSPITALITY CO
$1.78B$1.09B$267.55M$75.70M$0.363.77%4.22%-23.40%-4.36%
UE
URBAN EDGE PROPERTIES
$2.02B$427.11M$501.27M$270.22M$2.307.54%0.68%1,433.33%19.34%
GMRE
GLOBAL MEDICAL REIT INC
$596.85M$139.94M$91.13M$14.91M$0.23-1.20%19.75%43.75%-8.05%
PECO
PHILLIPS EDISON & COMPANY INC
$3.81B$620.36M$384.15M$57.90M$0.476.18%6.17%0.00%-4.45%
NMRK
NEWMARK GROUP INC
$1.76B$2.50B$270.05M$36.67M$0.23-2.04%3.87%-42.50%-17.45%2024-07-26
UMH
UMH PROPERTIES INC
$1.06B$226.00M$96.43M-$9.68M-$0.1511.60%11.01%N/AN/A2024-05-29
FOR
FORESTAR GROUP INC
$1.69B$1.56B$270.80M$202.40M$4.0529.00%57.75%45.68%16.97%2024-07-18
NEN
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
$248.96M$76.68M$43.05M$10.16M$2.8710.49%5.44%100.63%22.97%
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
$1.18B$412.86M$237.98M$144.75M$1.6732.20%1.57%N/A-7.45%2024-06-12
OPAD
OFFERPAD SOLUTIONS INC
$150.98M$990.19M-$58.10M-$75.29M-$2.73-68.94%N/AN/AN/A
LOAN
MANHATTAN BRIDGE CAPITAL INC
$60.28M$9.97M$8.27M$5.69M$0.5012.63%6.30%13.64%0.82%2024-07-18
BRX
BRIXMOR PROPERTY GROUP INC
$6.51B$1.25B$841.04M$281.75M$0.931.86%0.74%-27.34%-5.44%2024-07-29
RYN
RAYONIER INC
$4.33B$1.05B$373.90M$166.55M$1.1320.76%5.39%94.83%11.35%
REAX
REAL BROKERAGE INC
$889.14M$782.06M-$34.15M-$36.20M-$0.1982.74%N/AN/AN/A
BRT
BRT APARTMENTS CORP
$317.82M$94.08M$53.97M$4.80M$0.2014.69%152.98%-89.07%N/A
EPR
EPR PROPERTIES
$3.06B$701.50M$471.92M$153.95M$2.054.40%2.00%-8.48%-11.33%2024-05-29
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$1.54B$333.77M$217.95M$37.41M$0.305.71%2.33%-21.05%-5.59%2024-07-23

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
14-1.53%-3.93%-1.32%-10.44%7.35x1.19x+4.13%+5.97%+5.32%+18.46%Buy
5-1.71%-3.71%-3.29%-25.17%15.35x1.74x-3.33%-0.34%+0.03%+29.21%Strong Buy
43+1.03%-0.68%+3.17%+5.93%60.92x2.55x+4.60%+2.15%+3.20%+23.20%Buy
19-1.08%-4.86%-0.30%-7.06%13.44x1.12x+6.79%+3.92%N/A+14.29%Buy
17-0.21%-1.51%+3.07%+9.97%29.60x1.66x+1.34%+0.69%N/A+6.04%Buy
16-0.56%-1.17%-3.98%+5.05%18.88x1.36x+33.13%+3.84%+0.00%+23.09%Buy
17-0.66%-3.98%+2.15%-4.05%29.17x2.09x+8.68%+4.67%+0.05%+13.11%Buy
37-0.66%-3.56%-0.98%-2.68%19.52x0.72x+3.25%+0.54%N/A+21.14%Buy
24-1.29%-5.06%-3.98%+13.14%58.42x0.86x-0.19%+0.01%N/A+20.93%Buy
21-1.49%-3.58%+0.58%+2.83%8.37x2.31x+8.00%+3.68%N/A+6.59%Buy
28-0.61%-2.69%-1.69%-6.11%36.62x1.82x+26.55%+3.61%N/A+2.72%Buy
19-0.18%-3.24%+2.77%+4.70%49.15x5.92x+23.53%+3.34%+5.37%+14.01%Buy

Real Estate Stocks FAQ

What are the best real estate stocks to buy right now in May 2024?

According to Zen Score, the 3 best real estate stocks to buy right now are:

1. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the top real estate stock with a Zen Score of 54, which is 30 points higher than the real estate sector average of 24. It passed 17 out of 33 due diligence checks and has strong fundamentals. Comstock Holding Companies has seen its stock return 64.43% over the past year, overperforming other real estate stocks by 64 percentage points.

2. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) is the second best real estate stock with a Zen Score of 51, which is 27 points higher than the real estate sector average of 24. It passed 18 out of 38 due diligence checks and has strong fundamentals. Innovative Industrial Properties has seen its stock return 57.87% over the past year, overperforming other real estate stocks by 57 percentage points.

Innovative Industrial Properties has an average 1 year price target of $101.50, a downside of -4.25% from Innovative Industrial Properties's current stock price of $106.01.

Innovative Industrial Properties stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Innovative Industrial Properties, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Community Healthcare Trust (NYSE:CHCT)


Community Healthcare Trust (NYSE:CHCT) is the third best real estate stock with a Zen Score of 50, which is 26 points higher than the real estate sector average of 24. It passed 19 out of 38 due diligence checks and has strong fundamentals. Community Healthcare Trust has seen its stock lose -30.9% over the past year, underperforming other real estate stocks by -32 percentage points.

Community Healthcare Trust has an average 1 year price target of $30.33, an upside of 35.23% from Community Healthcare Trust's current stock price of $22.43.

Community Healthcare Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Community Healthcare Trust, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the real estate stocks with highest dividends?

Out of 169 real estate stocks that have issued dividends in the past year, the 3 real estate stocks with the highest dividend yields are:

1. Granite Point Mortgage Trust (NYSE:GPMT)


Granite Point Mortgage Trust (NYSE:GPMT) has an annual dividend yield of 25.51%, which is 19 percentage points higher than the real estate sector average of 6.78%. Granite Point Mortgage Trust's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Granite Point Mortgage Trust's dividend has not shown consistent growth over the last 10 years.

Granite Point Mortgage Trust's dividend payout ratio of -32.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Office Properties Income Trust (NASDAQ:OPI)


Office Properties Income Trust (NASDAQ:OPI) has an annual dividend yield of 23.85%, which is 17 percentage points higher than the real estate sector average of 6.78%. Office Properties Income Trust's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Office Properties Income Trust's dividend has not shown consistent growth over the last 10 years.

Office Properties Income Trust's dividend payout ratio of -33.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. Armour Residential Reit (NYSE:ARR)


Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 21.05%, which is 14 percentage points higher than the real estate sector average of 6.78%. Armour Residential Reit's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Armour Residential Reit's dividend has not shown consistent growth over the last 10 years.

Armour Residential Reit's dividend payout ratio of -1,733.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are real estate stocks down?

Real estate stocks were down -0.54% in the last day, and down -3.07% over the last week.

We couldn't find a catalyst for why real estate stocks are down.

What are the most undervalued real estate stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued real estate stocks right now are:

1. Gaming & Leisure Properties (NASDAQ:GLPI)


Gaming & Leisure Properties (NASDAQ:GLPI) is the most undervalued real estate stock based on WallStreetZen's Valuation Score. Gaming & Leisure Properties has a valuation score of 86, which is 61 points higher than the real estate sector average of 25. It passed 6 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has dropped -7.2% in the past year. It has underperformed other stocks in the real estate sector by -8 percentage points.

2. Getty Realty (NYSE:GTY)


Getty Realty (NYSE:GTY) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Getty Realty has a valuation score of 71, which is 46 points higher than the real estate sector average of 25. It passed 5 out of 7 valuation due diligence checks.

Getty Realty's stock has dropped -20.29% in the past year. It has underperformed other stocks in the real estate sector by -21 percentage points.

3. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the third most undervalued real estate stock based on WallStreetZen's Valuation Score. Comstock Holding Companies has a valuation score of 71, which is 46 points higher than the real estate sector average of 25. It passed 5 out of 7 valuation due diligence checks.

Comstock Holding Companies's stock has gained 64.43% in the past year. It has overperformed other stocks in the real estate sector by 64 percentage points.

Are real estate stocks a good buy now?

41.18% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 12.96% over the next year.

What is the average p/e ratio of the real estate sector?

The average P/E ratio of the real estate sector is 34.93x.
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