Sectors & IndustriesReal EstateReal Estate Services

Best Real Estate Service Stocks to Buy Now (2023)

Top real estate service stocks in 2023 ranked by overall Zen Score. See the best real estate service stocks to buy now, according to analyst forecasts for the real estate services industry.

According to Zen Score, the 3 best real estate service stocks to buy right now are:

Rmr Group (NASDAQ:RMR) is the top real estate service stock with a Zen Score of 55, which is 29 points higher than the real estate service industry average of 26. It passed 20 out of 38 due diligence checks and has strong fundamentals. Rmr Group has seen its stock lose -18.03% over the past year, overperforming other real estate service stocks by 9 percentage points.

Rmr Group has an average 1 year price target of $38.00, an upside of 52.49% from Rmr Group's current stock price of $24.92.

Rmr Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Rmr Group, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Amrep (NYSE:AXR) is the second best real estate service stock with a Zen Score of 51, which is 25 points higher than the real estate service industry average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. Amrep has seen its stock return 12.69% over the past year, overperforming other real estate service stocks by 40 percentage points.

Newmark Group (NASDAQ:NMRK) is the third best real estate service stock with a Zen Score of 47, which is 21 points higher than the real estate service industry average of 26. It passed 17 out of 38 due diligence checks and has strong fundamentals. Newmark Group has seen its stock lose -59.27% over the past year, underperforming other real estate service stocks by -32 percentage points.

Newmark Group has an average 1 year price target of $9.67, an upside of 48.72% from Newmark Group's current stock price of $6.50.

Newmark Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Newmark Group, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

Out of 7 real estate service stocks that have issued dividends in the past year, the 3 real estate service stocks with the highest dividend yields are:

Rmr Group (NASDAQ:RMR) has an annual dividend yield of 6.42%, which is 4 percentage points higher than the real estate service industry average of 2.84%. Rmr Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Rmr Group's dividend has shown consistent growth over the last 10 years.

Rmr Group's dividend payout ratio of 81.6% indicates that its high dividend yield is sustainable for the long-term.

Kennedy Wilson Holdings (NYSE:KW) has an annual dividend yield of 5.96%, which is 3 percentage points higher than the real estate service industry average of 2.84%. Kennedy Wilson Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kennedy Wilson Holdings's dividend has shown consistent growth over the last 10 years.

Kennedy Wilson Holdings's dividend payout ratio of 204.3% indicates that its high dividend yield might not be sustainable for the long-term.

Re/Max Holdings (NYSE:RMAX) has an annual dividend yield of 5.44%, which is 3 percentage points higher than the real estate service industry average of 2.84%. Re/Max Holdings's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Re/Max Holdings's dividend has shown consistent growth over the last 10 years.

Re/Max Holdings's dividend payout ratio of 278.8% indicates that its high dividend yield might not be sustainable for the long-term.

Real estate service stocks were down -3.14% in the last day, and down -2.06% over the last week.

We couldn't find a catalyst for why real estate service stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued real estate service stocks right now are:

Newmark Group (NASDAQ:NMRK) is the most undervalued real estate service stock based on WallStreetZen's Valuation Score. Newmark Group has a valuation score of 71, which is 42 points higher than the real estate service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Newmark Group's stock has dropped -59.27% in the past year. It has underperformed other stocks in the real estate service industry by -32 percentage points.

Amrep (NYSE:AXR) is the second most undervalued real estate service stock based on WallStreetZen's Valuation Score. Amrep has a valuation score of 71, which is 42 points higher than the real estate service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Amrep's stock has gained 12.69% in the past year. It has overperformed other stocks in the real estate service industry by 40 percentage points.

Tricon Residential (NYSE:TCN) is the third most undervalued real estate service stock based on WallStreetZen's Valuation Score. Tricon Residential has a valuation score of 71, which is 42 points higher than the real estate service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Tricon Residential's stock has dropped -56.38% in the past year. It has underperformed other stocks in the real estate service industry by -29 percentage points.