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Sectors & IndustriesReal 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
Ticker
Company
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
FPH
FIVE POINT HOLDINGS LLC
$433.89M9.40%2.10%N/A1.80%1.26N/A37.30%28.80%27.22%
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
$3.16B18.30%11.50%14.34%13.30%0.533.0991.30%182.60%237.50%
AEI
ALSET INC
$5.26M-49.50%-38.80%-49.89%-48.90%0.106.6534.00%-266.90%-266.43%
LSEA
LANDSEA HOMES CORP
$400.64M4.50%2.00%N/A2.30%1.20N/A17.80%2.40%3.40%
FOR
FORESTAR GROUP INC
$1.58B14.60%8.10%N/A9.80%0.77N/A22.90%13.00%17.19%
SDHC
SMITH DOUGLAS HOMES CORP
$1.33B66.00%42.80%N/A42.20%0.69N/A28.30%16.10%16.33%
AXR
AMREP CORP
$107.53M2.00%1.90%N/A2.20%0.05N/A31.50%5.00%4.92%
OZ
BELPOINTE PREP LLC
$216.45M-4.40%-3.90%N/A-4.50%0.18N/A-85.40%-636.70%-636.65%
ARL
AMERICAN REALTY INVESTORS INC
$223.71M0.60%0.40%N/A1.30%0.34N/A44.80%7.90%29.56%
XIN
XINYUAN REAL ESTATE CO LTD
$14.69M-50.20%0.40%21.29%8.90%-42.502.0813.40%3.10%30.88%
LRE
LEAD REAL ESTATE CO LTD
$41.89MN/AN/AN/AN/A3.681.65N/AN/AN/A
TPHS
TRINITY PLACE HOLDINGS INC
$8.80M-762.60%-14.10%N/A-1.30%-27.62N/A0.10%-116.10%-19.57%

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 24.26% over the past year, overperforming other real estate development stocks by 35 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 17.58% from Vesta Real Estate Corporation Sab De Cv's current stock price of $35.72.

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. Landsea Homes (NASDAQ:LSEA)


Landsea Homes (NASDAQ:LSEA) 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. Landsea Homes has seen its stock return 75.75% over the past year, overperforming other real estate development stocks by 86 percentage points.

Landsea Homes has an average 1 year price target of $15.00, an upside of 35.26% from Landsea Homes's current stock price of $11.09.

Landsea Homes stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Landsea Homes, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 13.7% 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 7.43x.

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 24.26% in the past year. It has overperformed other stocks in the real estate development industry by 35 percentage points.

2. Landsea Homes (NASDAQ:LSEA)


Landsea Homes (NASDAQ:LSEA) is the second most undervalued real estate development stock based on WallStreetZen's Valuation Score. Landsea Homes 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.

Landsea Homes's stock has gained 75.75% in the past year. It has overperformed other stocks in the real estate development industry by 86 percentage points.

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


Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX) is the third 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.

Why are real estate development stocks down?

Real estate development stocks were down -1.01% in the last day, and down -1.63% over the last week.

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