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: A, Momentum: D, Sentiment: B, Safety: D, Financials: C, and AI: C.
Veris Residential (NYSE:VRE) has a Due Diligence Score of 17, which is -11 points lower than the residential reit industry average of 28.
VRE passed 6 out of 38 due diligence checks and has weak fundamentals. Veris Residential has seen its stock lose -13.23% over the past year, underperforming other residential reit stocks by -2 percentage points.
Veris Residential has an average 1 year
price target of $18.67, an upside of 31.18% from Veris Residential's current stock price of $14.23.
Veris Residential stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Veris Residential, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Millrose Properties (NYSE:MRP)
The Component Grade breakdown for Millrose Properties (NYSE:MRP) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.
Millrose Properties (NYSE:MRP) has a Due Diligence Score of 10, which is -18 points lower than the residential reit industry average of 28.
MRP passed 3 out of 38 due diligence checks and has weak fundamentals.
Millrose Properties has an average 1 year
price target of $30.75, a downside of -3.12% from Millrose Properties's current stock price of $31.74.
Millrose Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Millrose Properties, 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. Camden Property Trust (NYSE:CPT)
The Component Grade breakdown for Camden Property Trust (NYSE:CPT) is: Value: D, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Camden Property Trust (NYSE:CPT) has a Due Diligence Score of 27, which is -1 points lower than the residential reit industry average of 28.
CPT passed 10 out of 38 due diligence checks and has average fundamentals. Camden Property Trust has seen its stock lose -10.84% over the past year.
Camden Property Trust has an average 1 year
price target of $125.31, an upside of 17.31% from Camden Property Trust's current stock price of $106.82.
Camden Property Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Camden Property Trust, 30.77% have issued a Strong Buy rating, 15.38% have issued a Buy, 46.15% have issued a hold, while 0% have issued a Sell rating, and 7.69% have issued a Strong Sell.