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 Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
BFS	SAUL CENTERS INC	$872.93M	10.80%	2.10%	N/A	3.10%	4.28	N/A	73.90%	16.10%	39.60%
GTY	GETTY REALTY CORP	$1.48B	6.70%	3.50%	N/A	3.80%	0.91	N/A	87.20%	32.30%	49.18%
ALEX	ALEXANDER & BALDWIN INC	$1.18B	2.90%	1.70%	N/A	2.60%	0.64	N/A	49.00%	14.20%	26.57%
O	REALTY INCOME CORP	$45.98B	2.80%	1.60%	N/A	2.50%	0.75	N/A	92.20%	21.40%	40.57%
FCPT	FOUR CORNERS PROPERTY TRUST INC	$2.18B	7.80%	4.00%	N/A	4.30%	0.95	N/A	83.90%	38.00%	55.89%
SKT	TANGER INC	$3.10B	19.60%	4.50%	N/A	4.10%	3.06	N/A	68.70%	21.40%	31.67%
SPG	SIMON PROPERTY GROUP INC	$46.86B	77.00%	6.80%	N/A	5.50%	10.12	N/A	81.80%	40.30%	56.90%
ADC	AGREE REALTY CORP	$5.79B	3.20%	2.20%	N/A	2.90%	0.52	N/A	88.10%	29.60%	47.12%
NNN	NNN REIT INC	$7.47B	9.50%	4.60%	N/A	4.40%	1.08	N/A	100.00%	47.40%	67.17%
ALX	ALEXANDERS INC	$1.09B	42.00%	7.30%	N/A	8.10%	4.91	N/A	55.00%	45.50%	71.44%
REG	REGENCY CENTERS CORP	$11.09B	5.50%	3.10%	N/A	3.40%	0.74	N/A	70.10%	27.20%	39.23%
SITC	SITE CENTERS CORP	$2.88B	12.30%	6.30%	N/A	6.20%	0.87	N/A	69.70%	46.60%	63.65%
ROIC	RETAIL OPPORTUNITY INVESTMENTS CORP	$1.59B	2.70%	1.10%	N/A	2.50%	1.25	N/A	72.40%	10.50%	32.87%
BRX	BRIXMOR PROPERTY GROUP INC	$6.58B	10.60%	3.70%	N/A	3.70%	1.92	N/A	74.30%	24.50%	39.82%
UE	URBAN EDGE PROPERTIES	$1.98B	25.00%	8.30%	N/A	7.50%	1.79	N/A	68.00%	59.60%	81.85%
KRG	KITE REALTY GROUP TRUST	$4.76B	1.30%	0.70%	N/A	1.50%	0.93	N/A	74.40%	5.80%	18.64%
PECO	PHILLIPS EDISON & COMPANY INC	$4.09B	2.50%	1.20%	N/A	2.10%	0.96	N/A	71.30%	9.30%	23.12%
FRT	FEDERAL REALTY INVESTMENT TRUST	$8.54B	7.80%	2.80%	N/A	3.20%	1.76	N/A	67.90%	20.20%	35.75%
KIM	KIMCO REALTY CORP	$12.54B	6.60%	3.50%	N/A	3.90%	0.90	N/A	68.80%	35.30%	54.13%
PINE	ALPINE INCOME PROPERTY TRUST INC	$210.75M	-0.30%	-0.10%	N/A	1.30%	1.15	N/A	85.00%	-1.40%	20.84%
AKR	ACADIA REALTY TRUST	$1.81B	1.20%	0.50%	N/A	1.90%	1.32	N/A	68.00%	5.90%	33.49%
WSR	WHITESTONE REIT	$574.52M	4.60%	1.70%	N/A	3.00%	1.68	N/A	68.70%	13.10%	35.72%
NTST	NETSTREIT CORP	$1.27B	0.60%	0.40%	N/A	1.20%	0.53	N/A	87.60%	5.20%	19.59%
MAC	MACERICH CO	$3.48B	-10.60%	-3.50%	N/A	-0.80%	2.04	N/A	55.30%	-31.00%	-11.50%
SRG	SERITAGE GROWTH PROPERTIES	$533.37M	-27.30%	-13.70%	N/A	-7.10%	0.73	N/A	-31.90%	-769.10%	-530.83%
IVT	INVENTRUST PROPERTIES CORP	$1.73B	0.30%	0.20%	N/A	1.40%	0.60	N/A	70.00%	2.00%	16.78%
CBL	CBL & ASSOCIATES PROPERTIES INC	$708.40M	1.60%	0.20%	N/A	4.30%	6.12	N/A	65.00%	1.00%	33.69%
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	$10.00M	N/A	-4.30%	N/A	2.50%	-24.74	N/A	65.90%	-28.60%	27.05%

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 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 return 0.75% over the past year, underperforming other retail reit stocks by -5 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 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 -17.58% over the past year, underperforming other retail reit stocks by -24 percentage points.

Getty Realty has an average 1 year price target of $31.50, an upside of 14.84% from Getty Realty's current stock price of $27.43.

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. Alexander & Baldwin (NYSE:ALEX)

Alexander & Baldwin (NYSE:ALEX) is the third best retail reit stock with a Zen Score of 42, which is 13 points higher than the retail reit industry average of 29. It passed 15 out of 38 due diligence checks and has strong fundamentals. Alexander & Baldwin has seen its stock lose -14.26% over the past year, underperforming other retail reit stocks by -20 percentage points.

Alexander & Baldwin has an average 1 year price target of $18.50, an upside of 13.5% from Alexander & Baldwin's current stock price of $16.30.

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 8.4%, which is 4 percentage points higher than the retail reit industry average of 4.52%. 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 7.11%, which is 3 percentage points higher than the retail reit industry average of 4.52%. 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 6.48%, which is 2 percentage points higher than the retail reit industry average of 4.52%. 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 1.14% in the last day, and up 4.17% 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 -17.58% in the past year. It has underperformed other stocks in the retail reit industry by -24 percentage points.

2. Alexander & Baldwin (NYSE:ALEX)

Alexander & Baldwin (NYSE:ALEX) is the second most undervalued retail reit stock based on WallStreetZen's Valuation Score. Alexander & Baldwin 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.

Alexander & Baldwin's stock has dropped -14.26% in the past year. It has underperformed other stocks in the retail reit industry by -20 percentage points.

3. Agree Realty (NYSE:ADC)

Agree Realty (NYSE:ADC) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Agree 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.

Agree Realty's stock has dropped -13.68% in the past year. It has underperformed other stocks in the retail reit industry by -20 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 9.41% 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 34.84x.

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.