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. Vesta Real Estate Corporation Sab De CV (NYSE:VTMX)
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 28, which is 6 points higher than the real estate development industry average of 22.
VTMX passed 11 out of 38 due diligence checks and has average fundamentals. Vesta Real Estate Corporation Sab De CV has seen its stock return 25.87% over the past year, overperforming other real estate development stocks by 37 percentage points.
Vesta Real Estate Corporation Sab De CV has an average 1 year
price target of $41.00, an upside of 18.53% from Vesta Real Estate Corporation Sab De CV's current stock price of $34.59.
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. Forestar Group (NYSE:FOR)
Forestar Group (NYSE:FOR) 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 +5.11% per year.
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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 28, which is 6 points higher than the real estate development industry average of 22.
FOR passed 9 out of 33 due diligence checks and has average fundamentals. Forestar Group has seen its stock return 41.22% over the past year, overperforming other real estate development stocks by 53 percentage points.
Forestar Group has an average 1 year
price target of $38.00, an upside of 23.38% from Forestar Group's current stock price of $30.80.
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.
3. Smith Douglas Homes (NYSE:SDHC)
The Component Grade breakdown for Smith Douglas Homes (NYSE:SDHC) is: Value: C, Growth: D, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.
Smith Douglas Homes (NYSE:SDHC) has a Due Diligence Score of 3, which is -19 points lower than the real estate development industry average of 22.
SDHC passed 1 out of 33 due diligence checks and has weak fundamentals. Smith Douglas Homes has seen its stock lose -21.16% over the past year, underperforming other real estate development stocks by -10 percentage points.
Smith Douglas Homes has an average 1 year
price target of $13.00, a downside of -18.29% from Smith Douglas Homes's current stock price of $15.91.
Smith Douglas Homes stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Smith Douglas Homes, 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.