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Best Retail REIT Stocks to Buy Now (2023)
Top retail reit stocks in 2023 ranked by overall Zen Score. See the best retail reit stocks to buy now, according to analyst forecasts for the reit - retail industry.

Industry: REIT - Retail
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
O
REALTY INCOME CORP
NYSE
REIT - Retail
$40.32B$61.042.99%$3.05B42.99x0.73
REG
REGENCY CENTERS CORP
NASDAQ
REIT - Retail
$9.99B$58.342.91%$948.75M20.69x0.77
NNN
NATIONAL RETAIL PROPERTIES INC
NYSE
REIT - Retail
$7.62B$41.972.07%$706.53M22.21x0.98
BRX
BRIXMOR PROPERTY GROUP INC
NYSE
REIT - Retail
$6.09B$20.282.58%$891.35M17.19x1.94
WSR
WHITESTONE REIT
NYSE
REIT - Retail
$433.45M$8.773.54%$94.59M12.18x1.62
SITC
SITE CENTERS CORP
NYSE
REIT - Retail
$2.42B$11.491.77%$449.96M15.53x0.94
RPT
RPT REALTY
NYSE
REIT - Retail
$774.03M$8.951.94%$199.22M9.84x1.01
BFS
SAUL CENTERS INC
NYSE
REIT - Retail
$893.65M$37.373.18%$143.10M22.93x3.28
EPR
EPR PROPERTIES
NYSE
REIT - Retail
$2.66B$35.292.50%$472.29M17.38x1.27
GTY
GETTY REALTY CORP
NYSE
REIT - Retail
$1.64B$35.003.34%$157.61M18.62x1.06
SPG
SIMON PROPERTY GROUP INC
NYSE
REIT - Retail
$33.83B$103.481.07%$4.28B15.87x9.30
ALX
ALEXANDERS INC
NYSE
REIT - Retail
$973.60M$190.632.65%$117.69M16.96x4.91
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
NASDAQ
REIT - Retail
$1.63B$13.114.21%$208.59M31.21x1.25
SKT
TANGER FACTORY OUTLET CENTERS INC
NYSE
REIT - Retail
$1.96B$18.741.57%$240.93M24.03x3.47
PECO
PHILLIPS EDISON & COMPANY INC
NASDAQ
REIT - Retail
$3.67B$31.283.10%$355.74M74.48x0.96
ADC
AGREE REALTY CORP
NYSE
REIT - Retail
$6.05B$67.093.31%$352.30M36.46x0.45
KIM
KIMCO REALTY CORP
NYSE
REIT - Retail
$11.14B$18.012.86%$914.45M112.56x0.85
NTST
NETSTREIT CORP
NYSE
REIT - Retail
$1.04B$17.862.12%$67.77M111.63x0.52
KRG
KITE REALTY GROUP TRUST
NYSE
REIT - Retail
$4.27B$19.492.47%$564.65M-324.83x0.93
FRT
FEDERAL REALTY INVESTMENT TRUST
NYSE
REIT - Retail
$7.53B$92.511.48%$824.89M19.64x1.70
UBA
URSTADT BIDDLE PROPERTIES INC
NYSE
REIT - Retail
$675.64M$17.183.18%$85.69M27.23x0.66
AKR
ACADIA REALTY TRUST
NYSE
REIT - Retail
$1.28B$13.273.43%$184.16M-34.92x1.21
MAC
MACERICH CO
NYSE
REIT - Retail
$2.04B$9.494.29%$453.97M-30.61x1.80
IVT
INVENTRUST PROPERTIES CORP
NYSE
REIT - Retail
$1.51B$22.403.51%$173.96M29.09x0.54
SRG
SERITAGE GROWTH PROPERTIES
NYSE
REIT - Retail
$433.34M$7.73-0.64%$54.37M-4.86x1.55
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
NASDAQ
REIT - Retail
$14.19M$1.451.33%$37.19M-0.66x-35.09
CBL
CBL & ASSOCIATES PROPERTIES INC
NYSE
REIT - Retail
$778.12M$24.270.46%$383.25M-7.58x6.24

Retail REIT Stocks FAQ

What are the best retail reit stocks to buy right now in Mar 2023?

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

1. Realty Income (NYSE:O)


Realty Income (NYSE:O) is the top retail reit stock with a Zen Score of 45, which is 18 points higher than the retail reit industry average of 27. It passed 17 out of 38 due diligence checks and has strong fundamentals. Realty Income has seen its stock lose -8.6% over the past year, overperforming other retail reit stocks by 9 percentage points.

Realty Income has an average 1 year price target of $71.13, an upside of 16.52% from Realty Income's current stock price of $61.04.

Realty Income stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Realty Income, 25% have issued a Strong Buy rating, 37.5% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Regency Centers (NASDAQ:REG)


Regency Centers (NASDAQ:REG) is the second best retail reit stock with a Zen Score of 43, which is 16 points higher than the retail reit industry average of 27. It passed 15 out of 38 due diligence checks and has strong fundamentals. Regency Centers has seen its stock lose -13.7% over the past year, overperforming other retail reit stocks by 4 percentage points.

Regency Centers has an average 1 year price target of $67.82, an upside of 16.25% from Regency Centers's current stock price of $58.34.

Regency Centers stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Regency Centers, 45.45% have issued a Strong Buy rating, 9.09% have issued a Buy, 45.45% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. National Retail Properties (NYSE:NNN)


National Retail Properties (NYSE:NNN) is the third best retail reit stock with a Zen Score of 41, which is 14 points higher than the retail reit industry average of 27. It passed 15 out of 38 due diligence checks and has strong fundamentals. National Retail Properties has seen its stock lose -3.56% over the past year, overperforming other retail reit stocks by 14 percentage points.

National Retail Properties has an average 1 year price target of $48.83, an upside of 16.35% from National Retail Properties's current stock price of $41.97.

National Retail Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering National Retail Properties, 16.67% have issued a Strong Buy rating, 50% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the retail reit stocks with highest dividends?

Out of 22 retail reit stocks that have issued dividends in the past year, the 3 retail reit stocks with the highest dividend yields are:

1. Alexanders (NYSE:ALX)


Alexanders (NYSE:ALX) has an annual dividend yield of 9.44%, which is 5 percentage points higher than the retail reit industry average of 4.94%. Alexanders's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Alexanders's dividend has shown consistent growth over the last 10 years.

Alexanders's dividend payout ratio of 160.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Epr Properties (NYSE:EPR)


Epr Properties (NYSE:EPR) has an annual dividend yield of 9.35%, which is 4 percentage points higher than the retail reit industry average of 4.94%. Epr Properties's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Epr Properties's dividend has not shown consistent growth over the last 10 years.

Epr Properties's dividend payout ratio of 161.3% indicates that its high dividend yield might not be sustainable for the long-term.

3. Simon Property Group (NYSE:SPG)


Simon Property Group (NYSE:SPG) has an annual dividend yield of 6.81%, which is 2 percentage points higher than the retail reit industry average of 4.94%. Simon Property Group's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Simon Property Group's dividend has shown consistent growth over the last 10 years.

Simon Property Group's dividend payout ratio of 105.8% indicates that its high dividend yield might not be sustainable for the long-term.

Why are retail reit stocks up?

Retail reit stocks were up 2.43% in the last day, and up 0.46% over the last week.

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

What are the most undervalued retail reit stocks?

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

1. Whitestone Reit (NYSE:WSR)


Whitestone Reit (NYSE:WSR) is the most undervalued retail reit stock based on WallStreetZen's Valuation Score. Whitestone Reit has a valuation score of 71, which is 40 points higher than the retail reit industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Whitestone Reit's stock has dropped -32.54% in the past year. It has underperformed other stocks in the retail reit industry by -15 percentage points.

2. Epr Properties (NYSE:EPR)


Epr Properties (NYSE:EPR) is the second most undervalued retail reit stock based on WallStreetZen's Valuation Score. Epr Properties has a valuation score of 71, which is 40 points higher than the retail reit industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Epr Properties's stock has dropped -33.15% in the past year. It has underperformed other stocks in the retail reit industry by -15 percentage points.

3. Site Centers (NYSE:SITC)


Site Centers (NYSE:SITC) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Site Centers has a valuation score of 57, which is 26 points higher than the retail reit industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Site Centers's stock has dropped -28.14% in the past year. It has underperformed other stocks in the retail reit industry by -10 percentage points.

Are retail reit stocks a good buy now?

60% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to rise by 14.92% over the next year.

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

The average P/E ratio of the reit - retail industry is 23.63x.
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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.