According to Zen Score, the 3 best industrial reit stocks to buy right now are:
1. Innovative Industrial Properties (NYSE:IIPR)
Innovative Industrial Properties (NYSE:IIPR) is the top industrial reit stock with a Zen Score of 51, which is 18 points higher than the industrial reit industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Innovative Industrial Properties has seen its stock return 35.49% over the past year, overperforming other industrial reit stocks by 44 percentage points.
Innovative Industrial Properties has an average 1 year
price target of $101.50, an upside of 8.12% from Innovative Industrial Properties's current stock price of $93.88.
Innovative Industrial Properties stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Innovative Industrial Properties, 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.
2. National Storage Affiliates Trust (NYSE:NSA)
National Storage Affiliates Trust (NYSE:NSA) is the second best industrial reit stock with a Zen Score of 45, which is 12 points higher than the industrial reit industry average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. National Storage Affiliates Trust has seen its stock lose -10.87% over the past year, underperforming other industrial reit stocks by -3 percentage points.
National Storage Affiliates Trust has an average 1 year
price target of $38.40, an upside of 8.91% from National Storage Affiliates Trust's current stock price of $35.26.
National Storage Affiliates Trust stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering National Storage Affiliates Trust, 20% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 20% have issued a Sell rating, and 20% have issued a Strong Sell.
3. Global Self Storage (NASDAQ:SELF)
Global Self Storage (NASDAQ:SELF) is the third best industrial reit stock with a Zen Score of 45, which is 12 points higher than the industrial reit industry average of 33. It passed 15 out of 38 due diligence checks and has strong fundamentals. Global Self Storage has seen its stock lose -18.57% over the past year, underperforming other industrial reit stocks by -10 percentage points.