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 57, which is 31 points higher than the real estate service industry average of 26. It passed 21 out of 38 due diligence checks and has strong fundamentals. Rmr Group has seen its stock lose -24.44% over the past year, underperforming other real estate service stocks by -11 percentage points.

Rmr Group has an average 1 year price target of $37.00, an upside of 63.72% from Rmr Group's current stock price of $22.60.

Rmr Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rmr 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.

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 15.89% over the past year, overperforming other real estate service stocks by 29 percentage points.

Costar Group (NASDAQ:CSGP) is the third best real estate service stock with a Zen Score of 48, which is 22 points higher than the real estate service industry average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. Costar Group has seen its stock return 27.96% over the past year, overperforming other real estate service stocks by 41 percentage points.

Costar Group has an average 1 year price target of $87.83, an upside of 7.27% from Costar Group's current stock price of $81.88.

Costar Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Costar Group, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% 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 7.08%, which is 4 percentage points higher than the real estate service industry average of 2.69%. 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 59.7% indicates that its high dividend yield is sustainable for the long-term.

Kennedy Wilson Holdings (NYSE:KW) has an annual dividend yield of 5.92%, which is 3 percentage points higher than the real estate service industry average of 2.69%. 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 -1,066.7% 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 4.84%, which is 2 percentage points higher than the real estate service industry average of 2.69%. 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 418.2% indicates that its dividend yield might not be sustainable for the long-term.

Real estate service stocks were up 2.86% in the last day, and up 3.01% over the last week. Ke Holdings was the among the top gainers in the real estate services industry, gaining 6.62% yesterday.

Shares of several Chinese companies are trading higher amid reports the country is working on measures to support the property market.

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 86, which is 57 points higher than the real estate service industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Newmark Group's stock has dropped -44.17% in the past year. It has underperformed other stocks in the real estate service industry by -31 percentage points.

Jones Lang Lasalle (NYSE:JLL) is the second most undervalued real estate service stock based on WallStreetZen's Valuation Score. Jones Lang Lasalle 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.

Jones Lang Lasalle's stock has dropped -24.19% in the past year. It has underperformed other stocks in the real estate service industry by -11 percentage points.

Cushman & Wakefield (NYSE:CWK) is the third most undervalued real estate service stock based on WallStreetZen's Valuation Score. Cushman & Wakefield 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.

Cushman & Wakefield's stock has dropped -52.97% in the past year. It has underperformed other stocks in the real estate service industry by -40 percentage points.