According to Zen Score, the 3 best real estate development stocks to buy right now are:
1. Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX)
Vesta Real Estate Corporation Sab De Cv (NYSE:VTMX) is the top real estate development stock with a Zen Score of 47, which is 28 points higher than the real estate development industry average of 19. It passed 15 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 14.04% from Vesta Real Estate Corporation Sab De Cv's current stock price of $36.83.
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.
2. Five Point Holdings (NYSE:FPH)
Five Point Holdings (NYSE:FPH) is the second best real estate development stock with a Zen Score of 42, which is 23 points higher than the real estate development industry average of 19. It passed 13 out of 33 due diligence checks and has strong fundamentals. Five Point Holdings has seen its stock return 44% over the past year, overperforming other real estate development stocks by 50 percentage points.
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 12 points higher than the real estate development industry average of 19. It passed 10 out of 33 due diligence checks and has average fundamentals. Forestar Group has seen its stock return 76.2% over the past year, overperforming other real estate development stocks by 83 percentage points.
Forestar Group has an average 1 year
price target of $33.50, a downside of -3.93% from Forestar Group's current stock price of $34.87.
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.