According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best real estate development stocks to buy right now are:
1. Amrep (NYSE:AXR)
Amrep (NYSE:AXR) is the #1 top real estate development stock out of 13 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Amrep (NYSE:AXR) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: B, and AI: C.
Amrep (NYSE:AXR) has a Due Diligence Score of 28, which is 4 points higher than the real estate development industry average of 24.
AXR passed 9 out of 33 due diligence checks and has average fundamentals. Amrep has seen its stock return 16.26% over the past year, overperforming other real estate development stocks by 31 percentage points.
Amrep has an average 1 year
price target of $30.00, an upside of 20.58% from Amrep's current stock price of $24.88.
Amrep stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Amrep, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Vesta Real Estate Corporation Sab De CV (NYSE:VTMX)
The Component Grade breakdown for Vesta Real Estate Corporation Sab De CV (NYSE:VTMX) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: B.
Vesta Real Estate Corporation Sab De CV (NYSE:VTMX) has a Due Diligence Score of 31, which is 7 points higher than the real estate development industry average of 24.
VTMX passed 12 out of 38 due diligence checks and has average fundamentals. Vesta Real Estate Corporation Sab De CV has seen its stock return 23.27% over the past year, overperforming other real estate development stocks by 38 percentage points.
Vesta Real Estate Corporation Sab De CV has an average 1 year
price target of $41.00, an upside of 21.12% from Vesta Real Estate Corporation Sab De CV's current stock price of $33.85.
Vesta Real Estate Corporation Sab De CV stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Vesta Real Estate Corporation Sab De CV, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Forestar Group (NYSE:FOR)
Forestar Group (NYSE:FOR) is the #3 top real estate development stock out of 13 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Forestar Group (NYSE:FOR) is: Value: B, Growth: D, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Forestar Group (NYSE:FOR) has a Due Diligence Score of 32, which is 8 points higher than the real estate development industry average of 24.
FOR passed 10 out of 33 due diligence checks and has average fundamentals. Forestar Group has seen its stock return 51.32% over the past year, overperforming other real estate development stocks by 66 percentage points.
Forestar Group has an average 1 year
price target of $38.00, an upside of 29.65% from Forestar Group's current stock price of $29.31.
Forestar Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Forestar Group, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
