Sectors & Industries Real EstateREIT - Retail
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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
BFS	SAUL CENTERS INC	$873.17M	$257.21M	$150.27M	$41.50M	$1.73	4.62%	2.51%	6.13%	1.45%	2024-05-17
GTY	GETTY REALTY CORP	$1.46B	$192.20M	$143.46M	$62.79M	$1.17	13.13%	6.43%	-33.90%	-0.17%
O	REALTY INCOME CORP	$46.10B	$4.08B	$3.55B	$872.31M	$1.26	21.99%	25.16%	-11.27%	0.00%	2024-05-30
SKT	TANGER INC	$3.09B	$464.41M	$255.97M	$99.15M	$0.94	4.92%	-1.26%	20.51%	15.87%	2024-05-17
ALEX	ALEXANDER & BALDWIN INC	$1.20B	$219.70M	$105.96M	$44.37M	$0.61	-0.90%	-19.76%	N/A	N/A
FCPT	FOUR CORNERS PROPERTY TRUST INC	$2.16B	$250.61M	$190.81M	$95.34M	$1.08	12.28%	11.78%	-10.00%	-3.49%	2024-06-06
NNN	NNN REIT INC	$7.40B	$828.11M	$794.86M	$392.34M	$2.16	7.12%	5.87%	14.29%	5.53%	2024-05-15
ALX	ALEXANDERS INC	$1.08B	$224.96M	$195.32M	$102.41M	$19.97	9.30%	-0.68%	77.67%	25.48%	2024-05-23
ADC	AGREE REALTY CORP	$5.76B	$560.33M	$448.15M	$165.77M	$1.70	22.32%	30.64%	-5.56%	-0.80%	2024-05-23
REG	REGENCY CENTERS CORP	$10.93B	$1.32B	$871.09M	$359.50M	$2.04	8.04%	3.36%	-27.66%	6.77%	2024-05-03
SPG	SIMON PROPERTY GROUP INC	$45.80B	$5.66B	$4.55B	$2.28B	$6.98	6.94%	0.05%	7.06%	-2.37%	2024-05-08
ROIC	RETAIL OPPORTUNITY INVESTMENTS CORP	$1.56B	$333.77M	$217.95M	$37.41M	$0.30	5.71%	2.33%	-21.05%	-5.59%
SITC	SITE CENTERS CORP	$2.82B	$546.28M	$560.17M	$254.55M	$1.21	-1.10%	-5.03%	63.51%	22.99%	2024-05-08
UE	URBAN EDGE PROPERTIES	$1.97B	$416.92M	$460.60M	$248.50M	$2.11	4.77%	0.13%	441.03%	18.06%	2024-05-07
KRG	KITE REALTY GROUP TRUST	$4.78B	$823.00M	$583.35M	$47.50M	$0.22	2.62%	18.37%	N/A	N/A	2024-05-09
BRX	BRIXMOR PROPERTY GROUP INC	$6.66B	$1.25B	$841.04M	$281.75M	$0.93	1.86%	0.74%	-27.34%	-5.44%
PECO	PHILLIPS EDISON & COMPANY INC	$4.00B	$620.36M	$384.15M	$57.90M	$0.47	6.18%	6.17%	0.00%	-4.45%
KIM	KIMCO REALTY CORP	$12.54B	$1.78B	$1.47B	$629.25M	$1.02	3.22%	8.89%	537.50%	0.00%
PINE	ALPINE INCOME PROPERTY TRUST INC	$203.39M	$47.05M	$35.17M	-$682.00k	-$0.04	3.29%	N/A	N/A	N/A	2024-05-22
AKR	ACADIA REALTY TRUST	$1.78B	$348.21M	$246.75M	$9.78M	$0.09	6.61%	5.00%	N/A	-27.20%	2024-05-02
WSR	WHITESTONE REIT	$574.52M	$146.97M	$85.56M	$19.18M	$0.39	5.41%	4.16%	-45.83%	-6.30%	2024-05-10
FRT	FEDERAL REALTY INVESTMENT TRUST	$8.65B	$1.13B	$726.56M	$228.95M	$2.80	5.38%	4.34%	-40.55%	-2.51%	2024-05-02
MAC	MACERICH CO	$2.97B	$884.07M	$194.76M	-$274.07M	-$1.28	2.90%	-1.64%	N/A	N/A	2024-05-30
NTST	NETSTREIT CORP	$1.24B	$140.13M	$93.98M	$6.41M	$0.09	34.22%	N/A	-40.00%	N/A	2024-05-16
SRG	SERITAGE GROWTH PROPERTIES	$525.50M	$20.78M	-$95.83M	-$159.81M	-$2.85	-80.59%	-37.32%	N/A	N/A	2024-06-05
IVT	INVENTRUST PROPERTIES CORP	$1.72B	$258.68M	$156.84M	$5.27M	$0.08	9.28%	1.29%	-89.61%	-40.80%	2024-05-07
CBL	CBL & ASSOCIATES PROPERTIES INC	$701.95M	$535.29M	$370.85M	$5.43M	$0.17	-4.92%	N/A	N/A	N/A
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	$9.25M	$102.33M	$56.18M	-$29.24M	-$4.57	33.51%	9.41%	N/A	N/A	2024-05-07

Retail REIT Stocks FAQ

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

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

1. Saul Centers (NYSE:BFS)

Saul Centers (NYSE:BFS) is the top retail reit stock with a Zen Score of 45, which is 17 points higher than the retail reit industry average of 28. It passed 16 out of 38 due diligence checks and has strong fundamentals. Saul Centers has seen its stock return 1.99% over the past year, underperforming other retail reit stocks by -2 percentage points.

2. Getty Realty (NYSE:GTY)

Getty Realty (NYSE:GTY) is the second best retail reit stock with a Zen Score of 44, which is 16 points higher than the retail reit industry average of 28. It passed 15 out of 38 due diligence checks and has strong fundamentals. Getty Realty has seen its stock lose -18.08% over the past year, underperforming other retail reit stocks by -22 percentage points.

Getty Realty has an average 1 year price target of $31.50, an upside of 16.24% from Getty Realty's current stock price of $27.10.

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.

3. Realty Income (NYSE:O)

Realty Income (NYSE:O) is the third best retail reit stock with a Zen Score of 42, which is 14 points higher than the retail reit industry average of 28. It passed 15 out of 38 due diligence checks and has strong fundamentals. Realty Income has seen its stock lose -13.98% over the past year, underperforming other retail reit stocks by -18 percentage points.

Realty Income has an average 1 year price target of $61.17, an upside of 14.25% from Realty Income's current stock price of $53.54.

Realty Income stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Realty Income, 33.33% have issued a Strong Buy rating, 50% have issued a Buy, 16.67% 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 20 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 8.51%, which is 4 percentage points higher than the retail reit industry average of 4.58%. 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 7.37%, which is 3 percentage points higher than the retail reit industry average of 4.58%. 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. Getty Realty (NYSE:GTY)

Getty Realty (NYSE:GTY) has an annual dividend yield of 6.49%, which is 2 percentage points higher than the retail reit industry average of 4.58%. Getty Realty's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Getty Realty's dividend has shown consistent growth over the last 10 years.

Getty Realty's dividend payout ratio of 150.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are retail reit stocks down?

Retail reit stocks were down -0.63% in the last day, and down -1.1% over the last week. Macerich Co was the among the top losers in the reit - retail industry, dropping -14.05% yesterday.

Macerich shares are trading lower following Q1 earnings.

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 32 points higher than the retail reit industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Getty Realty's stock has dropped -18.08% in the past year. It has underperformed other stocks in the retail reit industry by -22 percentage points.

2. Phillips Edison & Company (NASDAQ:PECO)

Phillips Edison & Company (NASDAQ:PECO) is the second most undervalued retail reit stock based on WallStreetZen's Valuation Score. Phillips Edison & Company has a valuation score of 71, which is 32 points higher than the retail reit industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Phillips Edison & Company's stock has gained 4.21% in the past year. It has performed in line with other stocks in the retail reit industry.

3. Retail Opportunity Investments (NASDAQ:ROIC)

Retail Opportunity Investments (NASDAQ:ROIC) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Retail Opportunity Investments has a valuation score of 71, which is 32 points higher than the retail reit industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Retail Opportunity Investments's stock has dropped -4.51% in the past year. It has underperformed other stocks in the retail reit industry by -9 percentage points.

Are retail reit stocks a good buy now?

56.52% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to rise by 11.41% 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 36.15x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.