According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best residential reit stocks to buy right now are:
1. Veris Residential (NYSE:VRE)
The Component Grade breakdown for Veris Residential (NYSE:VRE) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.
Veris Residential (NYSE:VRE) has a Due Diligence Score of 24, which is -3 points lower than the residential reit industry average of 27.
VRE passed 8 out of 38 due diligence checks and has weak fundamentals. Veris Residential has seen its stock lose -17.56% over the past year, underperforming other residential reit stocks by -2 percentage points.
Veris Residential has an average 1 year
price target of $20.00, an upside of 31.93% from Veris Residential's current stock price of $15.16.
Veris Residential stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Veris Residential, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Invitation Homes (NYSE:INVH)
The Component Grade breakdown for Invitation Homes (NYSE:INVH) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Invitation Homes (NYSE:INVH) has a Due Diligence Score of 37, which is 10 points higher than the residential reit industry average of 27.
INVH passed 13 out of 38 due diligence checks and has average fundamentals. Invitation Homes has seen its stock lose -16.65% over the past year, underperforming other residential reit stocks by -1 percentage points.
Invitation Homes has an average 1 year
price target of $33.68, an upside of 19.48% from Invitation Homes's current stock price of $28.19.
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, 18.18% have issued a Buy, 54.55% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Centerspace (NYSE:CSR)
Centerspace (NYSE:CSR) is the #3 top residential reit stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Centerspace (NYSE:CSR) is: Value: D, Growth: B, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.
Centerspace (NYSE:CSR) has a Due Diligence Score of 19, which is -8 points lower than the residential reit industry average of 27.
CSR passed 6 out of 38 due diligence checks and has weak fundamentals. Centerspace has seen its stock lose -8.67% over the past year, overperforming other residential reit stocks by 7 percentage points.
Centerspace has an average 1 year
price target of $67.33, an upside of 0.95% from Centerspace's current stock price of $66.70.
Centerspace stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Centerspace, 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.