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Best Retail REIT Stocks to Buy Now (2024)
Top retail reit stocks in 2024 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
BFS
SAUL CENTERS INC
NYSE
REIT - Retail
$850.15M$35.450.88%$150.27M20.49x4.28
O
REALTY INCOME CORP
NYSE
REIT - Retail
$44.80B$52.031.46%$3.55B41.29x0.75
GTY
GETTY REALTY CORP
NYSE
REIT - Retail
$1.43B$26.501.42%$136.97M22.84x0.91
ALEX
ALEXANDER & BALDWIN INC
NYSE
REIT - Retail
$1.14B$15.760.77%$92.30M38.44x0.64
SKT
TANGER INC
NYSE
REIT - Retail
$2.92B$26.821.28%$255.97M28.53x3.06
FCPT
FOUR CORNERS PROPERTY TRUST INC
NYSE
REIT - Retail
$2.08B$22.660.40%$190.81M20.98x0.95
NNN
NNN REIT INC
NYSE
REIT - Retail
$7.26B$39.770.25%$794.86M18.41x1.08
ADC
AGREE REALTY CORP
NYSE
REIT - Retail
$5.61B$55.831.18%$430.27M32.84x0.50
REG
REGENCY CENTERS CORP
NASDAQ
REIT - Retail
$10.66B$57.760.82%$871.09M28.31x0.74
ALX
ALEXANDERS INC
NYSE
REIT - Retail
$1.05B$205.46-1.19%$195.32M10.29x4.91
SPG
SIMON PROPERTY GROUP INC
NYSE
REIT - Retail
$45.75B$140.37-0.40%$4.55B20.11x10.12
SITC
SITE CENTERS CORP
NYSE
REIT - Retail
$2.84B$13.550.82%$560.17M11.20x0.87
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
NASDAQ
REIT - Retail
$1.54B$12.090.92%$211.95M44.78x1.25
BRX
BRIXMOR PROPERTY GROUP INC
NYSE
REIT - Retail
$6.42B$21.311.38%$858.10M21.10x1.92
UE
URBAN EDGE PROPERTIES
NYSE
REIT - Retail
$1.91B$16.201.19%$460.60M7.68x1.79
KRG
KITE REALTY GROUP TRUST
NYSE
REIT - Retail
$4.51B$20.562.34%$583.35M93.45x0.93
PECO
PHILLIPS EDISON & COMPANY INC
NASDAQ
REIT - Retail
$3.96B$32.411.22%$377.52M67.52x0.96
FRT
FEDERAL REALTY INVESTMENT TRUST
NYSE
REIT - Retail
$8.18B$98.531.54%$726.56M35.19x1.76
KIM
KIMCO REALTY CORP
NYSE
REIT - Retail
$11.94B$17.740.80%$1.47B17.39x0.90
PINE
ALPINE INCOME PROPERTY TRUST INC
NYSE
REIT - Retail
$198.22M$14.55-0.21%$35.17M-363.75x1.15
AKR
ACADIA REALTY TRUST
NYSE
REIT - Retail
$1.72B$16.750.66%$253.01M83.75x1.32
WSR
WHITESTONE REIT
NYSE
REIT - Retail
$546.54M$10.941.20%$85.56M28.05x1.68
NTST
NETSTREIT CORP
NYSE
REIT - Retail
$1.21B$16.550.49%$89.52M150.45x0.53
MAC
MACERICH CO
NYSE
REIT - Retail
$3.27B$15.17-1.30%$194.76M-11.85x2.04
SRG
SERITAGE GROWTH PROPERTIES
NYSE
REIT - Retail
$522.12M$9.280.11%-$95.83M-3.26x0.73
IVT
INVENTRUST PROPERTIES CORP
NYSE
REIT - Retail
$1.66B$24.522.12%$156.84M306.50x0.60
CBL
CBL & ASSOCIATES PROPERTIES INC
NYSE
REIT - Retail
$688.71M$21.341.62%$370.85M125.53x6.12
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
NASDAQ
REIT - Retail
$8.98M$0.13-8.97%$56.18M-0.03x-24.74

Retail REIT Stocks FAQ

What are the best retail reit stocks to buy right now in Apr 2024?

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 16 points higher than the retail reit industry average of 29. It passed 16 out of 38 due diligence checks and has strong fundamentals. Realty Income has seen its stock lose -14.86% over the past year, underperforming other retail reit stocks by -16 percentage points.

Realty Income has an average 1 year price target of $59.29, an upside of 13.95% from Realty Income's current stock price of $52.03.

Realty Income stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Realty Income, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Saul Centers (NYSE:BFS)


Saul Centers (NYSE:BFS) is the second best retail reit stock with a Zen Score of 45, which is 16 points higher than the retail reit industry average of 29. It passed 16 out of 38 due diligence checks and has strong fundamentals. Saul Centers has seen its stock lose -4.22% over the past year, underperforming other retail reit stocks by -5 percentage points.

3. Getty Realty (NYSE:GTY)


Getty Realty (NYSE:GTY) is the third best retail reit stock with a Zen Score of 44, which is 15 points higher than the retail reit industry average of 29. It passed 15 out of 38 due diligence checks and has strong fundamentals. Getty Realty has seen its stock lose -19.94% over the past year, underperforming other retail reit stocks by -21 percentage points.

Getty Realty has an average 1 year price target of $31.50, an upside of 18.87% from Getty Realty's current stock price of $26.50.

Getty Realty stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Getty Realty, 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.

What are the retail reit stocks with highest dividends?

Out of 21 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 8.76%, which is 4 percentage points higher than the retail reit industry average of 4.7%. 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 67.6% indicates that its high dividend yield is sustainable for the long-term.

2. Alpine Income Property Trust (NYSE:PINE)


Alpine Income Property Trust (NYSE:PINE) has an annual dividend yield of 7.56%, which is 3 percentage points higher than the retail reit industry average of 4.7%. Alpine Income Property Trust's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Alpine Income Property Trust's dividend has shown consistent growth over the last 10 years.

Alpine Income Property Trust's dividend payout ratio of -2,750% indicates that its high dividend yield might not be sustainable for the long-term.

3. Saul Centers (NYSE:BFS)


Saul Centers (NYSE:BFS) has an annual dividend yield of 6.66%, which is 2 percentage points higher than the retail reit industry average of 4.7%. Saul Centers's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Saul Centers's dividend has shown consistent growth over the last 10 years.

Saul Centers's dividend payout ratio of 136.4% 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 0.41% in the last day, and down -3.35% 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. Getty Realty (NYSE:GTY)


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

Getty Realty's stock has dropped -19.94% in the past year. It has underperformed other stocks in the retail reit industry by -21 percentage points.

2. Regency Centers (NASDAQ:REG)


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

Regency Centers's stock has dropped -4.81% in the past year. It has underperformed other stocks in the retail reit industry by -6 percentage points.

3. Alexander & Baldwin (NYSE:ALEX)


Alexander & Baldwin (NYSE:ALEX) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Alexander & Baldwin has a valuation score of 57, which is 17 points higher than the retail reit industry average of 40. It passed 4 out of 7 valuation due diligence checks.

Alexander & Baldwin's stock has dropped -18.04% in the past year. It has underperformed other stocks in the retail reit industry by -19 percentage points.

Are retail reit stocks a good buy now?

60.87% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to rise by 13.53% 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 33.67x.
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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.