Sectors & IndustriesReal EstateReal Estate - Development
Best Real Estate Development Stocks to Buy Now (2026)
Top real estate development stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best real estate development stocks to buy now. Learn More.

Industry: Real Estate - Development
F
Real Estate Development is Zen Rated F and is the 118th ranked industry out of 146 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
AXR
AMREP CORP
$131.99M$24.88$30.0020.58%Strong Buy14.28%-10.48%7.19%6.96%
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
$2.99B$33.85$41.0021.12%Strong Buy1N/AN/AN/AN/A
FOR
FORESTAR GROUP INC
$1.50B$29.31$38.0029.65%Strong Buy1-1.66%-8.75%9.05%5.19%
SDHC
SMITH DOUGLAS HOMES CORP
$114.77M$13.75$13.00-5.45%Hold28.96%-23.37%5.19%0.71%
FPH
FIVE POINT HOLDINGS LLC
$760.34M$5.12N/AN/AN/AN/AN/AN/AN/AN/A
RENX
RENX ENTERPRISES CORP
$4.65M$1.78N/AN/AN/AN/AN/AN/A-750.83%-25.97%
OZ
BELPOINTE PREP LLC
$187.31M$46.85N/AN/AN/AN/AN/AN/AN/AN/A
AEI
ALSET INC
$48.23M$1.24N/AN/AN/AN/AN/AN/AN/AN/A
JFB
JFB CONSTRUCTION HOLDINGS
$68.99M$4.50N/AN/AN/AN/AN/AN/AN/AN/A
LPA
LOGISTIC PROPERTIES OF THE AMERICAS
$113.46M$3.57N/AN/AN/AN/A13.21%93.37%N/AN/A
LRE
LEAD REAL ESTATE CO LTD
$17.87M$1.31N/AN/AN/AN/AN/AN/AN/AN/A
ARL
AMERICAN REALTY INVESTORS INC
$258.43M$16.00N/AN/AN/AN/AN/AN/AN/AN/A
MRNO
MURANO GLOBAL INVESTMENTS PLC
$22.72M$0.29N/AN/AN/AN/AN/AN/AN/AN/A

Real Estate Development Stocks FAQ

What are the best real estate development stocks to buy right now in Jun 2026?

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. Learn more.

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)


Vesta Real Estate Corporation Sab De CV (NYSE:VTMX) is the #2 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. Learn more.

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. Learn more.

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.

What are the real estate development stocks with highest dividends?

Out of 1 real estate development stocks that have issued dividends in the past year, the 1 real estate development stocks with the highest dividend yields are:

1. Vesta Real Estate Corporation Sab De CV (NYSE:VTMX)


Vesta Real Estate Corporation Sab De CV (NYSE:VTMX) has an annual dividend yield of 0.55%, which is the same as the real estate development industry average of 0.55%.

Vesta Real Estate Corporation Sab De CV's dividend payout ratio of 15.3% indicates that its dividend yield is sustainable for the long-term.

Why are real estate development stocks up?

Real estate development stocks were up 1.56% in the last day, and up 0.51% over the last week.

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

What are the most undervalued real estate development stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued real estate development stocks right now are:

1. Forestar Group (NYSE:FOR)


Forestar Group (NYSE:FOR) is the most undervalued real estate development stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Forestar Group has a valuation score of 43, which is 20 points higher than the real estate development industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Forestar Group's stock has gained 51.32% in the past year. It has overperformed other stocks in the real estate development industry by 66 percentage points.

2. Amrep (NYSE:AXR)


Amrep (NYSE:AXR) is the second most undervalued real estate development stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Amrep has a valuation score of 0, which is -23 points higher than the real estate development industry average of 23. It passed 0 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates AXR a Valuation Rating of "B".

Amrep's stock has gained 16.26% in the past year. It has overperformed other stocks in the real estate development industry by 31 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 its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Vesta Real Estate Corporation Sab De CV has a valuation score of 29, which is 6 points higher than the real estate development industry average of 23. It passed 2 out of 7 valuation due diligence checks.

Vesta Real Estate Corporation Sab De CV's stock has gained 23.27% in the past year. It has overperformed other stocks in the real estate development industry by 38 percentage points.

Are real estate development stocks a good buy now?

75% of real estate development stocks rated by analysts are a strong buy right now. On average, analysts expect real estate development stocks to rise by 19.85% over the next year.

0% of real estate development stocks have a Zen Rating of A (Strong Buy), 14.29% of real estate development stocks are rated B (Buy), 57.14% are rated C (Hold), 14.29% are rated D (Sell), and 14.29% are rated F (Strong Sell).

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 9.02x.
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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.