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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
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
BFS
SAUL CENTERS INC
$36.3653,60942.24%36.2536.9537.1438.0837.2746.2218.9811.6226.5810.75-0.49-0.33-0.161.17
O
REALTY INCOME CORP
$53.046,598,82333.19%52.3252.6352.4854.3154.5053.5639.2222.1340.2921.38-0.22-0.17-0.050.89
ALEX
ALEXANDER & BALDWIN INC
$16.09298,39614.68%15.9816.0416.4817.1917.2948.7332.1320.8031.8619.31-0.17-0.190.011.20
SKT
TANGER INC
$26.67715,85419.65%26.9927.8028.2627.6725.5535.4915.2512.3518.908.77-0.54-0.40-0.141.20
GTY
GETTY REALTY CORP
$26.99193,042-7.46%26.6426.7526.8827.8428.7652.6834.2120.6636.2318.18-0.13-0.13-0.011.01
NNN
NNN REIT INC
$40.001,066,489-5.20%40.5941.2941.2741.5440.1640.7613.688.6217.9610.36-0.51-0.28-0.230.91
ADC
AGREE REALTY CORP
$56.561,157,54549.74%56.3256.3756.6158.8259.3750.7828.4817.2030.6015.68-0.27-0.23-0.030.73
ALX
ALEXANDERS INC
$210.539,08417.32%214.52214.26215.80212.64199.8145.7210.818.2711.246.82-1.39-0.40-0.980.64
REG
REGENCY CENTERS CORP
$58.371,388,88060.12%58.2758.8960.0962.2262.0345.0232.0321.8839.6321.22-0.74-0.68-0.061.05
FCPT
FOUR CORNERS PROPERTY TRUST INC
$23.03441,190-46.10%23.2523.6123.7924.1023.9942.2718.6112.7615.946.51-0.33-0.22-0.111.15
SPG
SIMON PROPERTY GROUP INC
$140.441,115,55012.67%144.23147.90149.05144.08129.4934.016.696.354.963.24-2.57-1.39-1.181.28
SITC
SITE CENTERS CORP
$13.651,383,09625.99%13.7413.9714.0013.8013.4143.1516.6511.8021.349.00-0.13-0.07-0.071.27
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$12.28907,0328.13%12.3212.3912.7213.2313.1545.3724.3121.7923.5015.10-0.17-0.16-0.011.09
BRX
BRIXMOR PROPERTY GROUP INC
$21.471,967,085-0.02%21.5422.0322.4422.5822.0941.6822.4614.2228.7713.38-0.37-0.29-0.081.17
UE
URBAN EDGE PROPERTIES
$16.371,404,657105.13%16.2716.5116.8517.2916.6946.6030.8021.5951.4133.12-0.21-0.19-0.021.15
KRG
KITE REALTY GROUP TRUST
$20.893,042,58720.09%20.3320.6421.0221.5521.7353.2045.5528.7171.0241.39-0.21-0.240.031.28
PECO
PHILLIPS EDISON & COMPANY INC
$33.02702,8891.43%12.3212.5913.2212.9012.8033.858.337.7225.8522.81-0.30-0.25-0.050.74
FRT
FEDERAL REALTY INVESTMENT TRUST
$99.77483,7807.39%99.2999.68100.17100.8698.1050.2535.4421.6537.1519.45-0.57-0.42-0.161.02
KIM
KIMCO REALTY CORP
$18.205,873,176-13.30%18.0818.5219.1219.8919.3043.9017.429.0534.0415.00-0.40-0.36-0.041.14
PINE
ALPINE INCOME PROPERTY TRUST INC
$14.8797,90435.19%15.0315.1215.4315.9316.2043.8623.7617.9816.5114.44-0.19-0.14-0.040.76
AKR
ACADIA REALTY TRUST
$17.05869,062-10.63%16.9316.7116.6616.6815.7555.0848.3746.3640.0137.190.080.070.021.05
WSR
WHITESTONE REIT
$11.22221,593-14.54%11.1511.5712.0112.0711.0441.3215.209.0936.8014.62-0.33-0.28-0.051.09
NTST
NETSTREIT CORP
$17.061,152,75473.36%17.0317.3717.2817.4416.8947.3716.217.5025.9211.83-0.21-0.10-0.100.67
MAC
MACERICH CO
$15.291,292,404-23.07%15.8316.2116.4615.7013.5737.604.438.865.445.43-0.28-0.16-0.121.39
SRG
SERITAGE GROWTH PROPERTIES
$9.34455,365-8.47%9.409.439.409.358.7748.0925.5419.6815.018.62-0.020.01-0.031.53
IVT
INVENTRUST PROPERTIES CORP
$24.86315,230-29.09%24.3724.5724.9325.1124.7053.2351.4134.2462.8535.05-0.17-0.190.030.22
CBL
CBL & ASSOCIATES PROPERTIES INC
$21.8283,711-0.67%21.8622.1422.7623.4122.5144.7921.3111.5134.3214.99-0.37-0.31-0.060.87
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
$0.15237,423-52.09%0.150.150.170.221.7544.8229.7039.3937.9747.80-0.01-0.010.000.50

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. Saul Centers (NYSE:BFS)


Saul Centers (NYSE:BFS) is the top retail reit stock with a Zen Score of 43, which is 15 points higher than the retail reit industry average of 28. It passed 15 out of 38 due diligence checks and has strong fundamentals. Saul Centers has seen its stock lose -1.28% over the past year, underperforming other retail reit stocks by -3 percentage points.

2. Realty Income (NYSE:O)


Realty Income (NYSE:O) is the second 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 -13.95% 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 11.78% from Realty Income's current stock price of $53.04.

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.

3. Alexander & Baldwin (NYSE:ALEX)


Alexander & Baldwin (NYSE:ALEX) 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. Alexander & Baldwin has seen its stock lose -17.19% over the past year, underperforming other retail reit stocks by -19 percentage points.

Alexander & Baldwin has an average 1 year price target of $18.50, an upside of 14.98% from Alexander & Baldwin's current stock price of $16.09.

Alexander & Baldwin stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Alexander & Baldwin, 50% have issued a Strong Buy rating, 0% 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 8.55%, which is 4 percentage points higher than the retail reit industry average of 4.63%. 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 7.4%, which is 3 percentage points higher than the retail reit industry average of 4.63%. 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 6.52%, which is 2 percentage points higher than the retail reit industry average of 4.63%. Getty Realty's dividend payout is not stable, having dropped more than 10% one times 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% 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 1.48% in the last day, and down -0.89% 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 -19.29% 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 32 points higher than the retail reit industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Regency Centers's stock has dropped -4.09% in the past year. It has underperformed other stocks in the retail reit industry by -6 percentage points.

3. Kimco Realty (NYSE:KIM)


Kimco Realty (NYSE:KIM) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Kimco Realty has a valuation score of 57, which is 18 points higher than the retail reit industry average of 39. It passed 4 out of 7 valuation due diligence checks.

Kimco Realty's stock has dropped -5.21% in the past year. It has underperformed other stocks in the retail reit industry by -7 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 12.19% 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 34.24x.
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.