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Sectors & IndustriesReal EstateREIT - Residential
Best Residential REIT Stocks to Buy Now (2022)
Top residential reit stocks in 2022 ranked by overall Zen Score. See the best residential reit stocks to buy now, according to analyst forecasts for the reit - residential industry.

Industry: REIT - Residential
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
IRT
INDEPENDENCE REALTY TRUST INC
NYSE
REIT - Residential
$3.72B$16.733.02%$363.05M24.97x0.76
BRT
BRT APARTMENTS CORP
NYSE
REIT - Residential
$383.22M$20.311.20%$96.96M5.08x1.43
MAA
MID AMERICA APARTMENT COMMUNITIES INC
NYSE
REIT - Residential
$17.90B$155.070.94%$1.29B30.35x0.85
SUI
SUN COMMUNITIES INC
NYSE
REIT - Residential
$16.69B$135.330.92%$1.01B49.94x1.14
INVH
INVITATION HOMES INC
NYSE
REIT - Residential
$20.61B$33.77-0.32%$1.27B59.25x0.80
NXRT
NEXPOINT RESIDENTIAL TRUST INC
NYSE
REIT - Residential
$1.19B$46.213.08%$162.64M54.36x3.38
AIV
APARTMENT INVESTMENT & MANAGEMENT CO
NYSE
REIT - Residential
$1.11B$7.301.67%$462.17M4.59x2.08
EQR
EQUITY RESIDENTIAL
NYSE
REIT - Residential
$25.28B$67.221.51%$2.44B20.13x0.83
AMH
AMERICAN HOMES 4 RENT
NYSE
REIT - Residential
$11.43B$32.810.34%$742.17M56.57x0.78
ELS
EQUITY LIFESTYLE PROPERTIES INC
NYSE
REIT - Residential
$11.69B$62.840.88%$589.85M41.62x2.68
CPT
CAMDEN PROPERTY TRUST
NYSE
REIT - Residential
$12.72B$119.451.04%$1.42B15.37x0.84
UDR
UDR INC
NYSE
REIT - Residential
$13.55B$41.711.53%$962.45M83.42x1.58
ESS
ESSEX PROPERTY TRUST INC
NYSE
REIT - Residential
$15.78B$242.231.50%$1.12B40.99x1.12
AVB
AVALONBAY COMMUNITIES INC
NYSE
REIT - Residential
$25.76B$184.191.48%$1.84B31.59x0.81
AIRC
APARTMENT INCOME REIT CORP
NYSE
REIT - Residential
$5.95B$38.621.66%$1.35B6.30x1.91
UMH
UMH PROPERTIES INC
NYSE
REIT - Residential
$883.32M$16.150.31%$85.72M-42.50x1.73
BRG
BLUEROCK RESIDENTIAL GROWTH REIT INC
NYSEMKT
REIT - Residential
$817.87M$26.75-0.19%$182.59M-15.37x29.87
CSR
CENTERSPACE
NYSE
REIT - Residential
$1.03B$67.320.97%$111.20M-27.93x1.17
VRE
VERIS RESIDENTIAL INC
NYSE
REIT - Residential
$1.04B$11.372.52%$133.67M-21.87x1.80

Residential REIT Stocks FAQ

What are the best residential reit stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best residential reit stocks to buy right now are:

1. Independence Realty Trust (NYSE:IRT)


Independence Realty Trust (NYSE:IRT) is the top residential reit stock with a Zen Score of 55, which is 21 points higher than the residential reit industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Independence Realty Trust has seen its stock lose -17.79% over the past year, overperforming other residential reit stocks by 2 percentage points.

Independence Realty Trust has an average 1 year price target of $27.34, an upside of 63.44% from Independence Realty Trust's current stock price of $16.73.

Independence Realty Trust stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Independence Realty Trust, 87.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Brt Apartments (NYSE:BRT)


Brt Apartments (NYSE:BRT) is the second best residential reit stock with a Zen Score of 52, which is 18 points higher than the residential reit industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Brt Apartments has seen its stock return 5.34% over the past year, overperforming other residential reit stocks by 25 percentage points.

Brt Apartments has an average 1 year price target of $29.00, an upside of 42.79% from Brt Apartments's current stock price of $20.31.

Brt Apartments stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Brt Apartments, 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.

3. Mid America Apartment Communities (NYSE:MAA)


Mid America Apartment Communities (NYSE:MAA) is the third best residential reit stock with a Zen Score of 44, which is 10 points higher than the residential reit industry average of 34. It passed 16 out of 38 due diligence checks and has strong fundamentals. Mid America Apartment Communities has seen its stock lose -16.96% over the past year, overperforming other residential reit stocks by 3 percentage points.

Mid America Apartment Communities has an average 1 year price target of $204.90, an upside of 32.13% from Mid America Apartment Communities's current stock price of $155.07.

Mid America Apartment Communities stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Mid America Apartment Communities, 36.36% have issued a Strong Buy rating, 27.27% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the residential reit stocks with highest dividends?

Out of 18 residential reit stocks that have issued dividends in the past year, the 3 residential reit stocks with the highest dividend yields are:

1. Umh Properties (NYSE:UMH)


Umh Properties (NYSE:UMH) has an annual dividend yield of 4.89%, which is 2 percentage points higher than the residential reit industry average of 3.15%. Umh Properties's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Umh Properties's dividend has shown consistent growth over the last 10 years.

Umh Properties's dividend payout ratio of -205.3% indicates that its dividend yield might not be sustainable for the long-term.

2. Brt Apartments (NYSE:BRT)


Brt Apartments (NYSE:BRT) has an annual dividend yield of 4.73%, which is 2 percentage points higher than the residential reit industry average of 3.15%. Brt Apartments's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Brt Apartments's dividend has shown consistent growth over the last 10 years.

Brt Apartments's dividend payout ratio of 23.5% indicates that its dividend yield is sustainable for the long-term.

3. Apartment Income Reit (NYSE:AIRC)


Apartment Income Reit (NYSE:AIRC) has an annual dividend yield of 4.63%, which is 1 percentage points higher than the residential reit industry average of 3.15%.

Apartment Income Reit's dividend payout ratio of 29% indicates that its dividend yield is sustainable for the long-term.

Why are residential reit stocks up?

Residential reit stocks were up 1.23% in the last day, and down -3.41% over the last week.

We couldn't find a catalyst for why residential reit stocks are up.

What are the most undervalued residential reit stocks?

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

1. Apartment Investment & Management Co (NYSE:AIV)


Apartment Investment & Management Co (NYSE:AIV) is the most undervalued residential reit stock based on WallStreetZen's Valuation Score. Apartment Investment & Management Co has a valuation score of 71, which is 39 points higher than the residential reit industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Apartment Investment & Management Co's stock has gained 6.57% in the past year. It has overperformed other stocks in the residential reit industry by 26 percentage points.

2. Independence Realty Trust (NYSE:IRT)


Independence Realty Trust (NYSE:IRT) is the second most undervalued residential reit stock based on WallStreetZen's Valuation Score. Independence Realty Trust has a valuation score of 71, which is 39 points higher than the residential reit industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Independence Realty Trust's stock has dropped -17.79% in the past year. It has overperformed other stocks in the residential reit industry by 2 percentage points.

3. Equity Residential (NYSE:EQR)


Equity Residential (NYSE:EQR) is the third most undervalued residential reit stock based on WallStreetZen's Valuation Score. Equity Residential has a valuation score of 57, which is 25 points higher than the residential reit industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Equity Residential's stock has dropped -16.93% in the past year. It has overperformed other stocks in the residential reit industry by 3 percentage points.

Are residential reit stocks a good buy now?

52.63% of residential reit stocks rated by analysts are a buy right now. On average, analysts expect residential reit stocks to rise by 35.46% over the next year.

What is the average p/e ratio of the reit - residential industry?

The average P/E ratio of the reit - residential industry is 38x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.