According to Zen Score, the 3 best real estate development stocks to buy right now are:
1. Five Point Holdings (NYSE:FPH)
Five Point Holdings (NYSE:FPH) is the top real estate development stock with a Zen Score of 42, which is 19 points higher than the real estate development industry average of 23. It passed 13 out of 33 due diligence checks and has strong fundamentals. Five Point Holdings has seen its stock return 17.96% over the past year, overperforming other real estate development stocks by 27 percentage points.
2. Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX)
Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX) is the second best real estate development stock with a Zen Score of 41, which is 18 points higher than the real estate development industry average of 23. It passed 13 out of 33 due diligence checks and has strong fundamentals.
Vesta Real Estate Corporation Sab De Cv has an average 1 year
price target of $42.00, an upside of 15.99% from Vesta Real Estate Corporation Sab De Cv's current stock price of $36.21.
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 third best real estate development stock with a Zen Score of 31, which is 8 points higher than the real estate development industry average of 23. It passed 10 out of 33 due diligence checks and has average fundamentals. Forestar Group has seen its stock return 76.41% over the past year, overperforming other real estate development stocks by 85 percentage points.
Forestar Group has an average 1 year
price target of $33.50, an upside of 6.93% from Forestar Group's current stock price of $31.33.
Forestar Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Forestar Group, 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.