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

Industry: Real Estate - Development

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
FPH	FIVE POINT HOLDINGS LLC	$2.93	$38.39	-92.37%	3.26x	N/A	2.01x	0.64x	0.03x	$149.22M	34.33%	$681.01M	4.59	$725.02M	9.11
VTMX	VESTA REAL ESTATE CORPORATION SAB DE CV	$36.66	$82.65	-55.64%	7.09x	N/A	14.25x	1.27x	0.24x	-$102.42M	-3.20%	$2.55B	29.15	$3.71B	6.93
FOR	FORESTAR GROUP INC	$31.53	$39.76	-20.70%	7.79x	N/A	1.01x	1.08x	0.63x	$125.10M	7.92%	$1.47B	29.38	$1.89B	6.96
LSEA	LANDSEA HOMES CORP	$11.49	$14.92	-22.99%	15.32x	N/A	0.37x	0.64x	0.37x	$19.69M	4.40%	$652.88M	16.79	$790.22M	17.09
AEI	ALSET INC	$0.59	N/A	N/A	-0.09x	N/A	0.24x	0.06x	N/A	$6.77M	127.60%	$88.19M	9.75	-$21.27M	0.38
SDHC	SMITH DOUGLAS HOMES CORP	$29.01	N/A	N/A	N/A	N/A	1.95x	7.12x	N/A	$74.95M	5.04%	$208.90M	4.07	$1.54B	12.21
AXR	AMREP CORP	$20.60	$4.28	380.83%	49.05x	N/A	2.45x	0.95x	3.64x	$10.87M	9.95%	$113.79M	21.46	$90.61M	38.94
OZ	BELPOINTE PREP LLC	$60.25	N/A	N/A	-14.91x	N/A	95.03x	0.70x	N/A	-$151.87M	-70.94%	$322.63M	90.80	$229.71M	-18.70
ARL	AMERICAN REALTY INVESTORS INC	$14.15	N/A	N/A	56.60x	N/A	4.53x	0.37x	N/A	-$49.33M	-21.58%	$617.00M	38.20	$332.17M	11.26
XIN	XINYUAN REAL ESTATE CO LTD	$2.72	N/A	N/A	N/A	N/A	0.02x	-0.12x	N/A	N/A	N/A	-$126.18M	-23.36	$1.30B	N/A
LRE	LEAD REAL ESTATE CO LTD	$3.02	N/A	N/A	N/A	N/A	N/A	1.67x	N/A	N/A	N/A	$24.64M	1.81	$118.89M	N/A
TPHS	TRINITY PLACE HOLDINGS INC	$0.14	N/A	N/A	-0.14x	N/A	0.16x	-0.88x	N/A	-$5.47M	-103.62%	-$10.05M	-0.26	$248.20M	1,279.36

Real Estate Development Stocks FAQ

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

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 21.07% over the past year, overperforming other real estate development stocks by 31 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 14.57% from Vesta Real Estate Corporation Sab De Cv's current stock price of $36.66.

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 60.13% over the past year, overperforming other real estate development stocks by 70 percentage points.

Forestar Group has an average 1 year price target of $33.50, an upside of 6.25% from Forestar Group's current stock price of $31.53.

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.

Are real estate development stocks a good buy now?

50% of real estate development stocks rated by analysts are a hold right now. On average, analysts expect real estate development stocks to rise by 8.75% over the next year.

What is the average p/e ratio of the real estate - development industry?

The average P/E ratio of the real estate - development industry is 7.44x.

What are the most undervalued real estate development stocks?

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

1. Five Point Holdings (NYSE:FPH)

Five Point Holdings (NYSE:FPH) is the most undervalued real estate development stock based on WallStreetZen's Valuation Score. Five Point Holdings has a valuation score of 71, which is 44 points higher than the real estate development industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Five Point Holdings's stock has gained 21.07% in the past year. It has overperformed other stocks in the real estate development industry by 31 percentage points.

2. Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX)

Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX) is the second most undervalued real estate development stock based on WallStreetZen's Valuation Score. Vesta Real Estate Corporation Sab De Cv has a valuation score of 57, which is 30 points higher than the real estate development industry average of 27. It passed 4 out of 7 valuation due diligence checks.

3. Forestar Group (NYSE:FOR)

Forestar Group (NYSE:FOR) is the third most undervalued real estate development stock based on WallStreetZen's Valuation Score. Forestar Group has a valuation score of 57, which is 30 points higher than the real estate development industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Forestar Group's stock has gained 60.13% in the past year. It has overperformed other stocks in the real estate development industry by 70 percentage points.

Why are real estate development stocks up?

Real estate development stocks were up 1.54% in the last day, and up 1.34% over the last week.

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

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

Real Estate Development Stocks FAQ

1. Five Point Holdings (NYSE:FPH)

2. Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX)

3. Forestar Group (NYSE:FOR)

1. Five Point Holdings (NYSE:FPH)

2. Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX)

3. Forestar Group (NYSE:FOR)

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