According to Zen Score, the 3 best residential reit stocks to buy right now are:
1. Invitation Homes (NYSE:INVH)
Invitation Homes (NYSE:INVH) is the top residential reit stock with a Zen Score of 41, which is 15 points higher than the residential reit industry average of 26. It passed 15 out of 38 due diligence checks and has strong fundamentals. Invitation Homes has seen its stock return 2.81% over the past year, overperforming other residential reit stocks by 1 percentage points.
Invitation Homes has an average 1 year
price target of $38.18, an upside of 11.03% from Invitation Homes's current stock price of $34.39.
Invitation Homes stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Invitation Homes, 27.27% have issued a Strong Buy rating, 36.36% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Equity Lifestyle Properties (NYSE:ELS)
Equity Lifestyle Properties (NYSE:ELS) is the second best residential reit stock with a Zen Score of 39, which is 13 points higher than the residential reit industry average of 26. It passed 15 out of 38 due diligence checks and has average fundamentals. Equity Lifestyle Properties has seen its stock lose -6.02% over the past year, underperforming other residential reit stocks by -8 percentage points.
Equity Lifestyle Properties has an average 1 year
price target of $70.50, an upside of 11.32% from Equity Lifestyle Properties's current stock price of $63.33.
Equity Lifestyle Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Equity Lifestyle Properties, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Udr (NYSE:UDR)
Udr (NYSE:UDR) is the third best residential reit stock with a Zen Score of 39, which is 13 points higher than the residential reit industry average of 26. It passed 15 out of 38 due diligence checks and has average fundamentals. Udr has seen its stock lose -4.88% over the past year, underperforming other residential reit stocks by -6 percentage points.
Udr has an average 1 year
price target of $39.23, an upside of 2.62% from Udr's current stock price of $38.23.
Udr stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Udr, 30.77% have issued a Strong Buy rating, 15.38% have issued a Buy, 53.85% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.