Sectors & IndustriesReal EstateREIT - Hotel & Motel

Best Hotel & Motel REIT Stocks to Buy Now (2024)

Top hotel & motel reit stocks in 2024 ranked by overall Zen Score. See the best hotel & motel reit stocks to buy now, according to analyst forecasts for the reit - hotel & motel industry.

According to Zen Score, the 3 best hotel & motel reit stocks to buy right now are:

Apple Hospitality Reit (NYSE:APLE) is the top hotel & motel reit stock with a Zen Score of 47, which is 25 points higher than the hotel & motel reit industry average of 22. It passed 18 out of 38 due diligence checks and has strong fundamentals. Apple Hospitality Reit has seen its stock lose -3.4% over the past year, underperforming other hotel & motel reit stocks by -8 percentage points.

Apple Hospitality Reit has an average 1 year price target of $18.00, an upside of 21.7% from Apple Hospitality Reit's current stock price of $14.79.

Apple Hospitality Reit stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Apple Hospitality Reit, 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.

Sunstone Hotel Investors (NYSE:SHO) is the second best hotel & motel reit stock with a Zen Score of 44, which is 22 points higher than the hotel & motel reit industry average of 22. It passed 16 out of 38 due diligence checks and has strong fundamentals. Sunstone Hotel Investors has seen its stock return 1.57% over the past year, underperforming other hotel & motel reit stocks by -3 percentage points.

Sunstone Hotel Investors has an average 1 year price target of $11.25, an upside of 8.7% from Sunstone Hotel Investors's current stock price of $10.35.

Sunstone Hotel Investors stock has a consensus Sell recommendation according to Wall Street analysts. Of the 4 analysts covering Sunstone Hotel Investors, 0% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

Host Hotels & Resorts (NASDAQ:HST) is the third best hotel & motel reit stock with a Zen Score of 44, which is 22 points higher than the hotel & motel reit industry average of 22. It passed 16 out of 38 due diligence checks and has strong fundamentals. Host Hotels & Resorts has seen its stock return 9.52% over the past year, overperforming other hotel & motel reit stocks by 5 percentage points.

Host Hotels & Resorts has an average 1 year price target of $22.89, an upside of 23.52% from Host Hotels & Resorts's current stock price of $18.53.

Host Hotels & Resorts stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Host Hotels & Resorts, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 14 hotel & motel reit stocks that have issued dividends in the past year, the 3 hotel & motel reit stocks with the highest dividend yields are:

Service Properties Trust (NASDAQ:SVC) has an annual dividend yield of 13.63%, which is 9 percentage points higher than the hotel & motel reit industry average of 4.96%. Service Properties Trust's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Service Properties Trust's dividend has not shown consistent growth over the last 10 years.

Service Properties Trust's dividend payout ratio of -95.2% indicates that its high dividend yield might not be sustainable for the long-term.

Park Hotels & Resorts (NYSE:PK) has an annual dividend yield of 13.03%, which is 8 percentage points higher than the hotel & motel reit industry average of 4.96%. Park Hotels & Resorts's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Park Hotels & Resorts's dividend has not shown consistent growth over the last 10 years.

Park Hotels & Resorts's dividend payout ratio of 500% indicates that its high dividend yield might not be sustainable for the long-term.

Apple Hospitality Reit (NYSE:APLE) has an annual dividend yield of 6.83%, which is 2 percentage points higher than the hotel & motel reit industry average of 4.96%. Apple Hospitality Reit's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Apple Hospitality Reit's dividend has not shown consistent growth over the last 10 years.

Apple Hospitality Reit's dividend payout ratio of 117.4% indicates that its high dividend yield might not be sustainable for the long-term.

Hotel & motel reit stocks were up 0.67% in the last day, and down -0.56% over the last week.

We couldn't find a catalyst for why hotel & motel reit stocks are up.

Based on WallStreetZen's Valuation Score, the 3 most undervalued hotel & motel reit stocks right now are:

Apple Hospitality Reit (NYSE:APLE) is the most undervalued hotel & motel reit stock based on WallStreetZen's Valuation Score. Apple Hospitality Reit has a valuation score of 71, which is 43 points higher than the hotel & motel reit industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Apple Hospitality Reit's stock has dropped -3.4% in the past year. It has underperformed other stocks in the hotel & motel reit industry by -8 percentage points.

Diamondrock Hospitality Co (NYSE:DRH) is the second most undervalued hotel & motel reit stock based on WallStreetZen's Valuation Score. Diamondrock Hospitality Co has a valuation score of 57, which is 29 points higher than the hotel & motel reit industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Diamondrock Hospitality Co's stock has gained 5.19% in the past year. It has performed in line with other stocks in the hotel & motel reit industry.

Sunstone Hotel Investors (NYSE:SHO) is the third most undervalued hotel & motel reit stock based on WallStreetZen's Valuation Score. Sunstone Hotel Investors has a valuation score of 57, which is 29 points higher than the hotel & motel reit industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Sunstone Hotel Investors's stock has gained 1.57% in the past year. It has underperformed other stocks in the hotel & motel reit industry by -3 percentage points.