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Best Retail REIT Stocks to Buy Now (2023)
Top retail reit stocks in 2023 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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
O
REALTY INCOME CORP
$38.99B$53.86$62.3015.67%Buy106.87%78.51%10.04%5.74%
RPT
RPT REALTY
$1.06B$12.21$11.00-9.91%Hold10.52%40.13%10.15%4.91%
FCPT
FOUR CORNERS PROPERTY TRUST INC
$2.19B$24.22$28.0015.61%Strong Buy15.78%25.97%12.95%6.60%
BFS
SAUL CENTERS INC
$936.92M$39.13$41.004.78%Hold10.04%39.65%20.56%4.13%
GTY
GETTY REALTY CORP
$1.53B$28.94$31.508.85%Buy22.22%24.03%N/AN/A
NNN
NNN REIT INC
$7.43B$40.75$44.338.79%Hold33.75%17.23%N/AN/A
SPG
SIMON PROPERTY GROUP INC
$43.35B$132.88$126.00-5.18%Buy61.98%23.08%N/AN/A
REG
REGENCY CENTERS CORP
$11.81B$63.96$70.8010.69%Strong Buy55.66%25.98%N/AN/A
PINE
ALPINE INCOME PROPERTY TRUST INC
$229.47M$16.75$20.5022.39%Strong Buy22.35%45.08%N/AN/A
ADC
AGREE REALTY CORP
$5.92B$58.89$70.1919.18%Strong Buy89.69%37.63%N/AN/A
SKT
TANGER INC
$2.80B$26.60$24.00-9.77%Hold6-0.34%44.60%N/AN/A
BRX
BRIXMOR PROPERTY GROUP INC
$6.83B$22.71$23.824.89%Buy72.50%24.06%N/AN/A
WSR
WHITESTONE REIT
$572.22M$11.54$12.003.99%Buy23.72%3.75%N/AN/A
KRG
KITE REALTY GROUP TRUST
$4.83B$22.00$24.6712.12%Buy31.08%238.10%11.71%6.03%
KIM
KIMCO REALTY CORP
$12.55B$20.24$21.114.28%Buy72.47%34.28%N/AN/A
ALX
ALEXANDERS INC
$965.28M$189.00N/AN/AN/AN/A1.28%-17.26%N/AN/A
SITC
SITE CENTERS CORP
$2.83B$13.53$13.33-1.46%Buy31.25%46.78%N/AN/A
PECO
PHILLIPS EDISON & COMPANY INC
$4.26B$35.62$37.003.87%Hold32.25%126.38%N/AN/A
AKR
ACADIA REALTY TRUST
$1.51B$15.81$16.504.36%Buy23.42%79.17%N/AN/A
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$1.69B$13.42$15.5015.50%Buy21.81%99.57%11.58%4.69%
FRT
FEDERAL REALTY INVESTMENT TRUST
$8.09B$99.12$107.298.24%Buy73.50%26.72%N/AN/A
ALEX
ALEXANDER & BALDWIN INC
$1.26B$17.33N/AN/AN/AN/A-5.12%N/AN/AN/A
UE
URBAN EDGE PROPERTIES
$2.05B$17.41$16.00-8.10%Sell21.14%93.57%16.96%5.59%
MAC
MACERICH CO
$2.88B$13.39$12.00-10.38%Hold12.74%N/AN/AN/A
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
$1.29M$0.40N/AN/AN/AN/AN/AN/AN/AN/A
NTST
NETSTREIT CORP
$1.14B$16.62$17.253.79%Buy7N/AN/AN/AN/A
SRG
SERITAGE GROWTH PROPERTIES
$515.78M$9.18$14.0052.51%Strong Buy1N/AN/AN/AN/A
IVT
INVENTRUST PROPERTIES CORP
$1.70B$25.21$27.007.10%Strong Buy1N/AN/AN/AN/A
CBL
CBL & ASSOCIATES PROPERTIES INC
$749.79M$23.43N/AN/AN/AN/AN/AN/AN/AN/A

Retail REIT Stocks FAQ

What are the best retail reit stocks to buy right now in Dec 2023?

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 49, which is 22 points higher than the retail reit industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Realty Income has seen its stock lose -15.92% over the past year, underperforming other retail reit stocks by -8 percentage points.

Realty Income has an average 1 year price target of $62.30, an upside of 15.67% from Realty Income's current stock price of $53.86.

Realty Income stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Realty Income, 20% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Rpt Realty (NYSE:RPT)


Rpt Realty (NYSE:RPT) is the second best retail reit stock with a Zen Score of 42, which is 15 points higher than the retail reit industry average of 27. It passed 15 out of 38 due diligence checks and has strong fundamentals. Rpt Realty has seen its stock return 12.12% over the past year, overperforming other retail reit stocks by 20 percentage points.

Rpt Realty has an average 1 year price target of $11.00, a downside of -9.91% from Rpt Realty's current stock price of $12.21.

Rpt Realty stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Rpt Realty, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Four Corners Property Trust (NYSE:FCPT)


Four Corners Property Trust (NYSE:FCPT) is the third best retail reit stock with a Zen Score of 40, which is 13 points higher than the retail reit industry average of 27. It passed 14 out of 38 due diligence checks and has average fundamentals. Four Corners Property Trust has seen its stock lose -9.49% over the past year, underperforming other retail reit stocks by -1 percentage points.

Four Corners Property Trust has an average 1 year price target of $28.00, an upside of 15.61% from Four Corners Property Trust's current stock price of $24.22.

Four Corners Property Trust stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Four Corners Property Trust, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% 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 23 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 9.52%, which is 5 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 92.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Rpt Realty (NYSE:RPT)


Rpt Realty (NYSE:RPT) has an annual dividend yield of 6.1%, which is 2 percentage points higher than the retail reit industry average of 4.58%. Rpt Realty's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Rpt Realty's dividend has shown consistent growth over the last 10 years.

Rpt Realty's dividend payout ratio of 100% 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 6.03%, which is 1 percentage points higher than the retail reit industry average of 4.58%. 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 140.5% 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 -0.33% in the last day, and up 1.04% over the last week.

We couldn't find a catalyst for why retail reit stocks are down.

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 57, which is 21 points higher than the retail reit industry average of 36. It passed 4 out of 7 valuation due diligence checks.

Getty Realty's stock has dropped -13.33% in the past year. It has underperformed other stocks in the retail reit industry by -5 percentage points.

2. Kimco Realty (NYSE:KIM)


Kimco Realty (NYSE:KIM) is the second most undervalued retail reit stock based on WallStreetZen's Valuation Score. Kimco Realty has a valuation score of 57, which is 21 points higher than the retail reit industry average of 36. It passed 4 out of 7 valuation due diligence checks.

Kimco Realty's stock has dropped -6.94% in the past year. It has overperformed other stocks in the retail reit industry by 1 percentage points.

3. Alpine Income Property Trust (NYSE:PINE)


Alpine Income Property Trust (NYSE:PINE) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Alpine Income Property Trust has a valuation score of 57, which is 21 points higher than the retail reit industry average of 36. It passed 4 out of 7 valuation due diligence checks.

Alpine Income Property Trust's stock has dropped -12.26% in the past year. It has underperformed other stocks in the retail reit industry by -4 percentage points.

Are retail reit stocks a good buy now?

48% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to rise by 6.37% 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 39.82x.
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.