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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
FPH
FIVE POINT HOLDINGS LLC
United States
$464.15M148,289,74027.86%44.54%Net SellingNet Selling
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
Mexico
$3.32B847,100,0001.60%0.00%
LRE
LEAD REAL ESTATE CO LTD
Japan
$55.25M13,641,9000.00%0.00%
AEI
ALSET INC
United States
$6.43M9,235,1192.08%97.92%Net Buying
LSEA
LANDSEA HOMES CORP
United States
$524.92M36,126,56915.06%84.94%Net SellingNet Selling
FOR
FORESTAR GROUP INC
United States
$2.01B49,913,42335.47%3.06%Net SellingNet Selling
AXR
AMREP CORP
United States
$122.51M5,271,30924.24%75.76%Net BuyingNet Buying
OZ
BELPOINTE PREP LLC
United States
$224.05M3,679,51134.06%0.00%
ARL
AMERICAN REALTY INVESTORS INC
United States
$289.44M16,152,0430.41%99.59%Net Buying
XIN
XINYUAN REAL ESTATE CO LTD
China
$14.58M108,029,2570.00%0.00%
TPHS
TRINITY PLACE HOLDINGS INC
United States
$5.73M38,199,38635.10%64.90%Net SellingNet Selling
GGE
GREEN GIANT INC
China
$4.45M143,451,1554.64%71.40%
SDHC
SMITH DOUGLAS HOMES CORP
United States
N/A7,692,3080.00%100.00%Net SellingNet Selling

Real Estate Development Stocks FAQ

What are the best real estate development stocks to buy right now in Mar 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 45, which is 23 points higher than the real estate development industry average of 22. It passed 14 out of 33 due diligence checks and has strong fundamentals. Five Point Holdings has seen its stock return 36.68% over the past year, overperforming other real estate development stocks by 37 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 19 points higher than the real estate development industry average of 22. 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 7.03% from Vesta Real Estate Corporation Sab De Cv's current stock price of $39.24.

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. Lead Real Estate Co (NASDAQ:LRE)


Lead Real Estate Co (NASDAQ:LRE) is the third best real estate development stock with a Zen Score of 35, which is 13 points higher than the real estate development industry average of 22. It passed 12 out of 33 due diligence checks and has average fundamentals.

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 fall by -4.42% 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 12.69x.

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 43 points higher than the real estate development industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Five Point Holdings's stock has gained 36.68% in the past year. It has overperformed other stocks in the real estate development industry by 37 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 29 points higher than the real estate development industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Landsea Homes's stock has gained 138.98% in the past year. It has overperformed other stocks in the real estate development industry by 139 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 29 points higher than the real estate development industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Why are real estate development stocks up?

Real estate development stocks were up 0.91% in the last day, and up 4.01% over the last week.

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