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 -2.74% over the past year, underperforming other hotel & motel reit stocks by -7 percentage points.

Apple Hospitality Reit has an average 1 year price target of $18.00, an upside of 20.89% from Apple Hospitality Reit's current stock price of $14.89.

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 0.39% over the past year, underperforming other hotel & motel reit stocks by -4 percentage points.

Sunstone Hotel Investors has an average 1 year price target of $11.25, an upside of 9.97% from Sunstone Hotel Investors's current stock price of $10.23.

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.

Ryman Hospitality Properties (NYSE:RHP) 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 17 out of 38 due diligence checks and has strong fundamentals. Ryman Hospitality Properties has seen its stock return 12.07% over the past year, overperforming other hotel & motel reit stocks by 8 percentage points.

Ryman Hospitality Properties has an average 1 year price target of $127.67, an upside of 21.58% from Ryman Hospitality Properties's current stock price of $105.01.

Ryman Hospitality Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Ryman Hospitality Properties, 66.67% have issued a Strong Buy rating, 16.67% 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 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 13.91%, which is 9 percentage points higher than the hotel & motel reit industry average of 5.02%. 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 13.26%, which is 8 percentage points higher than the hotel & motel reit industry average of 5.02%. 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.

Braemar Hotels & Resorts (NYSE:BHR) has an annual dividend yield of 7.09%, which is 2 percentage points higher than the hotel & motel reit industry average of 5.02%. Braemar Hotels & Resorts's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Braemar Hotels & Resorts's dividend has not shown consistent growth over the last 10 years.

Braemar Hotels & Resorts's dividend payout ratio of -17.4% indicates that its high dividend yield might not be sustainable for the long-term.

Hotel & motel reit stocks were down -0.31% in the last day, and down -0.78% over the last week.

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

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 -2.74% in the past year. It has underperformed other stocks in the hotel & motel reit industry by -7 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 4.7% 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 0.39% in the past year. It has underperformed other stocks in the hotel & motel reit industry by -4 percentage points.