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 45, which is 17 points higher than the residential reit industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Invitation Homes has seen its stock return 4.44% over the past year, overperforming other residential reit stocks by 4 percentage points.
Invitation Homes has an average 1 year
price target of $38.18, an upside of 11.29% from Invitation Homes's current stock price of $34.31.
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. American Homes 4 Rent (NYSE:AMH)
American Homes 4 Rent (NYSE:AMH) is the second best residential reit stock with a Zen Score of 44, which is 16 points higher than the residential reit industry average of 28. It passed 16 out of 38 due diligence checks and has strong fundamentals. American Homes 4 Rent has seen its stock return 8.38% over the past year, overperforming other residential reit stocks by 8 percentage points.
American Homes 4 Rent has an average 1 year
price target of $40.33, an upside of 13.39% from American Homes 4 Rent's current stock price of $35.57.
American Homes 4 Rent stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering American Homes 4 Rent, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Nexpoint Residential Trust (NYSE:NXRT)
Nexpoint Residential Trust (NYSE:NXRT) is the third best residential reit stock with a Zen Score of 40, which is 12 points higher than the residential reit industry average of 28. It passed 14 out of 38 due diligence checks and has average fundamentals. Nexpoint Residential Trust has seen its stock lose -24.01% over the past year, underperforming other residential reit stocks by -24 percentage points.
Nexpoint Residential Trust has an average 1 year
price target of $37.50, an upside of 12.61% from Nexpoint Residential Trust's current stock price of $33.30.
Nexpoint Residential Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Nexpoint Residential Trust, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.