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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
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
FCPT
FOUR CORNERS PROPERTY TRUST INC
$2.47B$26.85$25.00-6.89%Strong Buy15.42%25.46%12.54%6.42%
ALEX
ALEXANDER & BALDWIN INC
$1.29B$17.83$17.00-4.66%Hold1-2.57%34.34%8.01%4.92%
BFS
SAUL CENTERS INC
$921.62M$38.43N/AN/AN/AN/A1.49%77.59%19.69%3.37%
O
REALTY INCOME CORP
$50.14B$57.58$61.005.94%Buy58.69%60.92%10.30%5.87%
ALX
ALEXANDERS INC
$1.21B$236.14$145.00-38.60%Strong Sell1-5.66%-38.80%19.64%3.25%
SKT
TANGER INC
$3.09B$28.24$30.407.65%Buy51.69%53.23%44.47%10.74%
NNN
NNN REIT INC
$8.45B$46.11$44.00-4.58%Hold23.54%17.34%N/AN/A
GTY
GETTY REALTY CORP
$1.64B$30.43$33.008.45%Buy13.17%42.22%13.75%7.06%
KRG
KITE REALTY GROUP TRUST
$5.19B$23.62$23.00-2.62%Hold22.75%103.65%13.99%6.86%
BRX
BRIXMOR PROPERTY GROUP INC
$7.34B$24.37$24.631.05%Buy84.10%34.27%24.13%7.98%
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$1.70B$13.35$12.75-4.49%Sell23.60%55.28%11.66%5.03%
SITC
SITE CENTERS CORP
$3.25B$15.50$15.500.00%Buy2-19.41%-15.24%8.78%4.79%
SPG
SIMON PROPERTY GROUP INC
$50.02B$153.45$152.40-0.68%Hold52.11%16.59%133.06%12.27%
REG
REGENCY CENTERS CORP
$12.21B$66.10$69.174.64%Strong Buy65.28%30.23%12.60%6.99%
UE
URBAN EDGE PROPERTIES
$2.33B$19.57N/AN/AN/AN/A3.46%-23.77%14.43%5.14%
WSR
WHITESTONE REIT
$696.94M$13.95$15.007.53%Strong Buy24.58%35.78%15.76%5.92%
KIM
KIMCO REALTY CORP
$14.32B$21.24$20.71-2.48%Buy75.27%48.62%11.39%6.22%
AKR
ACADIA REALTY TRUST
$2.07B$20.03$19.00-5.14%Buy25.96%149.03%8.55%3.53%
ADC
AGREE REALTY CORP
$6.71B$66.68$66.61-0.10%Strong Buy98.87%36.71%8.81%5.80%
PINE
ALPINE INCOME PROPERTY TRUST INC
$229.01M$16.80$19.0613.47%Strong Buy41.25%N/A7.99%3.45%
PECO
PHILLIPS EDISON & COMPANY INC
$4.27B$34.92$35.601.95%Hold56.72%131.75%14.03%6.60%
IVT
INVENTRUST PROPERTIES CORP
$1.80B$26.54N/AN/AN/AN/AN/A1,650.00%7.98%4.99%
FRT
FEDERAL REALTY INVESTMENT TRUST
$9.08B$109.50$112.442.69%Strong Buy94.85%38.64%22.23%7.84%
MAC
MACERICH CO
$3.47B$16.10$14.64-9.05%Sell72.46%N/A17.07%5.30%
NTST
NETSTREIT CORP
$1.26B$17.18$18.507.68%Buy2N/AN/AN/AN/A
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
$4.82M$8.50N/AN/AN/AN/AN/AN/AN/AN/A
SRG
SERITAGE GROWTH PROPERTIES
$279.09M$4.96N/AN/AN/AN/AN/AN/AN/AN/A
CBL
CBL & ASSOCIATES PROPERTIES INC
$822.95M$25.82N/AN/AN/AN/AN/AN/AN/AN/A

Retail REIT Stocks FAQ

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

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

1. Four Corners Property Trust (NYSE:FCPT)


Four Corners Property Trust (NYSE:FCPT) is the top 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. Four Corners Property Trust has seen its stock return 1.02% over the past year, overperforming other retail reit stocks by 36 percentage points.

Four Corners Property Trust has an average 1 year price target of $25.00, a downside of -6.89% from Four Corners Property Trust's current stock price of $26.85.

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.

2. Alexander & Baldwin (NYSE:ALEX)


Alexander & Baldwin (NYSE:ALEX) 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. Alexander & Baldwin has seen its stock lose -7.9% over the past year, overperforming other retail reit stocks by 27 percentage points.

Alexander & Baldwin has an average 1 year price target of $17.00, a downside of -4.66% from Alexander & Baldwin's current stock price of $17.83.

Alexander & Baldwin stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Alexander & Baldwin, 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. Saul Centers (NYSE:BFS)


Saul Centers (NYSE:BFS) is the third best retail reit stock with a Zen Score of 41, which is 14 points higher than the retail reit industry average of 27. It passed 14 out of 38 due diligence checks and has strong fundamentals. Saul Centers has seen its stock return 0.52% over the past year, overperforming other retail reit stocks by 35 percentage points.

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 7.62%, which is 4 percentage points higher than the retail reit industry average of 4.04%. 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 64.5% 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 6.55%, which is 3 percentage points higher than the retail reit industry average of 4.04%. 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 6.14%, which is 2 percentage points higher than the retail reit industry average of 4.04%. 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 135.6% 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 -0.19% in the last day, and up 3.13% 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 25 points higher than the retail reit industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Getty Realty's stock has dropped -8.04% in the past year. It has overperformed other stocks in the retail reit industry by 27 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 25 points higher than the retail reit industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Alexander & Baldwin's stock has dropped -7.9% in the past year. It has overperformed other stocks in the retail reit industry by 27 percentage points.

3. Saul Centers (NYSE:BFS)


Saul Centers (NYSE:BFS) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Saul Centers has a valuation score of 57, which is 25 points higher than the retail reit industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Saul Centers's stock has gained 0.52% in the past year. It has overperformed other stocks in the retail reit industry by 35 percentage points.

Are retail reit stocks a good buy now?

36.36% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to fall by -7.72% 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 41.34x.
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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.