According to Due Diligence Score, the 3 best real estate development stocks to buy right now are:
1. Amrep (NYSE:AXR)
Amrep (NYSE:AXR) is the top real estate development stock with a Due Diligence Score of 40, which is 19 points higher than the real estate development industry average of 21. It passed 13 out of 33 due diligence checks and has average fundamentals. Amrep has seen its stock return 41.23% over the past year, overperforming other real estate development stocks by 59 percentage points.
2. Landsea Homes (NASDAQ:LSEA)
Landsea Homes (NASDAQ:LSEA) is the second best real estate development stock with a Due Diligence Score of 36, which is 15 points higher than the real estate development industry average of 21. It passed 12 out of 33 due diligence checks and has average fundamentals. Landsea Homes has seen its stock lose -31.39% over the past year, underperforming other real estate development stocks by -14 percentage points.
Landsea Homes has an average 1 year
price target of $13.50, an upside of 68.33% from Landsea Homes's current stock price of $8.02.
Landsea Homes stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Landsea Homes, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Vesta Real Estate Corporation Sab De CV (NYSE:VTMX)
Vesta Real Estate Corporation Sab De CV (NYSE:VTMX) is the third best real estate development stock with a Due Diligence Score of 34, which is 13 points higher than the real estate development industry average of 21. It passed 11 out of 33 due diligence checks and has average fundamentals. Vesta Real Estate Corporation Sab De CV has seen its stock lose -29.47% over the past year, underperforming other real estate development stocks by -12 percentage points.
Vesta Real Estate Corporation Sab De CV has an average 1 year
price target of $33.50, an upside of 26.56% from Vesta Real Estate Corporation Sab De CV's current stock price of $26.47.
Vesta Real Estate Corporation Sab De CV stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Vesta Real Estate Corporation Sab De CV, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.