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 Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
BFS	SAUL CENTERS INC	United States	$883.25M	23,981,695	45.96%	28.52%	Net Buying	Net Buying
GTY	GETTY REALTY CORP	United States	$1.47B	53,967,143	79.51%	11.47%	Net Buying
O	REALTY INCOME CORP	United States	$46.43B	861,123,757	70.63%	0.40%	Net Selling	Net Selling
SPG	SIMON PROPERTY GROUP INC	United States	$45.68B	325,899,010	89.06%	3.32%	Net Selling	Net Selling
ALEX	ALEXANDER & BALDWIN INC	United States	$1.20B	72,592,147	86.23%	8.72%	Net Selling
FCPT	FOUR CORNERS PROPERTY TRUST INC	United States	$2.17B	91,992,370	98.59%	1.32%	Net Selling
NNN	NNN REIT INC	United States	$7.46B	183,349,467	89.47%	1.86%	Net Buying	Net Buying
SKT	TANGER INC	United States	$3.00B	109,352,636	84.83%	4.19%	Net Selling	Net Selling
ALX	ALEXANDERS INC	United States	$1.11B	5,107,290	30.27%	69.73%
ADC	AGREE REALTY CORP	United States	$5.79B	100,625,948	97.89%	2.11%	Net Buying	Net Buying
REG	REGENCY CENTERS CORP	United States	$10.91B	184,578,554	87.51%	12.49%	Net Selling	Net Selling
ROIC	RETAIL OPPORTUNITY INVESTMENTS CORP	United States	$1.58B	127,454,354	85.22%	14.78%	Net Selling
SITC	SITE CENTERS CORP	United States	$2.88B	209,543,106	82.00%	18.00%	Net Selling	Net Selling
UE	URBAN EDGE PROPERTIES	United States	$2.00B	117,727,117	95.65%	3.45%	Net Selling	Net Selling
KIM	KIMCO REALTY CORP	United States	$12.45B	672,904,480	89.10%	6.11%	Net Selling	Net Selling
KRG	KITE REALTY GROUP TRUST	United States	$4.70B	219,448,429	90.74%	1.42%	Net Selling	Net Selling
BRX	BRIXMOR PROPERTY GROUP INC	United States	$6.69B	301,298,764	34.60%	65.40%	Net Selling	Net Selling
PECO	PHILLIPS EDISON & COMPANY INC	United States	$4.00B	122,400,000	80.41%	0.67%	Net Selling	Net Selling
PINE	ALPINE INCOME PROPERTY TRUST INC	United States	$203.39M	13,623,239	56.52%	8.92%	Net Buying	Net Buying
AKR	ACADIA REALTY TRUST	United States	$1.76B	103,181,468	96.26%	3.74%	Net Selling	Net Selling
WSR	WHITESTONE REIT	United States	$579.52M	49,958,381	38.65%	61.35%	Net Selling
FRT	FEDERAL REALTY INVESTMENT TRUST	United States	$8.65B	82,989,879	93.72%	1.76%	Net Selling	Net Selling
MAC	MACERICH CO	United States	$2.90B	215,720,093	66.57%	33.43%	Net Selling	Net Selling
NTST	NETSTREIT CORP	United States	$1.25B	73,366,371	99.51%	0.49%	Net Selling	Net Selling
SRG	SERITAGE GROWTH PROPERTIES	United States	$524.37M	56,262,944	43.72%	56.28%	Net Selling	Net Selling
IVT	INVENTRUST PROPERTIES CORP	United States	$1.72B	67,874,528	61.64%	0.75%	Net Selling	Net Selling
CBL	CBL & ASSOCIATES PROPERTIES INC	United States	$687.10M	32,273,350	60.44%	39.56%	Net Buying	Net Buying
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	United States	$9.73M	68,023,718	35.12%	7.24%	Net Selling

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 47, which is 18 points higher than the retail reit industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Saul Centers has seen its stock return 3.17% over the past year, underperforming other retail reit stocks by -1 percentage points.

2. Getty Realty (NYSE:GTY)

Getty Realty (NYSE:GTY) is the second best retail reit stock with a Zen Score of 46, which is 17 points higher than the retail reit industry average of 29. It passed 16 out of 38 due diligence checks and has strong fundamentals. Getty Realty has seen its stock lose -17.5% 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 15.43% from Getty Realty's current stock price of $27.29.

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 44, which is 15 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 -13.37% 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 13.44% from Realty Income's current stock price of $53.92.

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 8.3%, 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 6.45%, 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 up?

Retail reit stocks were up 0.47% in the last day, and down -0.5% 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 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 -17.5% 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 4.11% 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 -3.81% in the past year. It has underperformed other stocks in the retail reit industry by -8 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 11.3% 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 35.55x.

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.