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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
O
REALTY INCOME CORP
$52.86B4.68%259.90%$0.2630$2.8479%02024-10-012024-10-15
BFS
SAUL CENTERS INC
$981.38M5.80%131.80%$0.5900$2.3685%0
SITC
SITE CENTERS CORP
$3.12B4.57%31.80%$0.5200$2.7278%3
FCPT
FOUR CORNERS PROPERTY TRUST INC
$2.78B4.59%128.50%$0.3450$1.3879%02024-09-302024-10-15
NNN
NNN REIT INC
$8.72B4.79%102.50%$0.5800$2.2780%0
GTY
GETTY REALTY CORP
$1.75B5.52%147.10%$0.4500$1.7884%02024-09-262024-10-10
ALEX
ALEXANDER & BALDWIN INC
$1.44B3.37%158.40%$0.2225$0.6765%12024-09-202024-10-07
SPG
SIMON PROPERTY GROUP INC
$54.47B3.53%73.00%$2.0500$5.9067%1
SKT
TANGER INC
$3.49B3.35%116.30%$0.2750$1.0765%2
REG
REGENCY CENTERS CORP
$13.09B3.72%127.90%$0.6700$2.6870%02024-10-03
UE
URBAN EDGE PROPERTIES
$2.58B3.15%26.70%$0.1700$0.6762%12024-09-30
ALX
ALEXANDERS INC
$1.26B7.31%134.30%$4.5000$18.0089%0
ADC
AGREE REALTY CORP
$7.46B3.68%149.80%$0.2500$2.7370%12024-09-302024-10-15
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$2.03B2.82%214.30%$0.1500$0.4556%22024-09-202024-10-04
WSR
WHITESTONE REIT
$665.86M3.36%126.20%$0.0413$0.4565%12024-10-022024-10-10
BRX
BRIXMOR PROPERTY GROUP INC
$8.44B3.85%111.10%$0.2725$1.0871%12024-10-022024-10-15
PINE
ALPINE INCOME PROPERTY TRUST INC
$250.01M6.03%-2,750.00%$0.2800$1.1186%02024-09-30
AKR
ACADIA REALTY TRUST
$2.39B3.17%7,200.00%$0.1800$0.7262%42024-09-302024-10-15
IVT
INVENTRUST PROPERTIES CORP
$2.03BN/A238.90%$0.2052N/AN/A0
PECO
PHILLIPS EDISON & COMPANY INC
$4.72BN/A19.80%$0.0930N/AN/A0
KIM
KIMCO REALTY CORP
$15.67BN/A87.00%$0.2300N/AN/A1
FRT
FEDERAL REALTY INVESTMENT TRUST
$9.56B0.95%63.90%$1.0900$1.0918%0
MAC
MACERICH CO
$3.73B3.94%-183.80%$0.1700$0.6872%2
KRG
KITE REALTY GROUP TRUST
$5.83B3.73%-900.00%$0.2500$0.9970%12024-10-092024-10-16
NTST
NETSTREIT CORP
$1.27BN/A292.90%$0.2050N/AN/A0
CBL
CBL & ASSOCIATES PROPERTIES INC
$793.28MN/A41.70%$0.2500N/AN/A0
SRG
SERITAGE GROWTH PROPERTIES
$265.59MN/A0.00%$0.2500N/AN/A1
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
$3.55MN/A0.00%$408.0000N/AN/A1

Retail REIT Stocks FAQ

What are the best retail reit stocks to buy right now in Sep 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 18 points higher than the retail reit industry average of 27. It passed 16 out of 38 due diligence checks and has strong fundamentals. Saul Centers has seen its stock return 10.73% over the past year, overperforming other retail reit stocks by 23 percentage points.

Saul Centers has an average 1 year price target of $45.50, an upside of 11.9% from Saul Centers's current stock price of $40.66.

Saul Centers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Saul Centers, 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. Realty Income (NYSE:O)


Realty Income (NYSE:O) is the second best retail reit stock with a Zen Score of 45, which is 18 points higher than the retail reit industry average of 27. It passed 16 out of 38 due diligence checks and has strong fundamentals. Realty Income has seen its stock return 12.41% over the past year, overperforming other retail reit stocks by 25 percentage points.

Realty Income has an average 1 year price target of $63.83, an upside of 5.15% from Realty Income's current stock price of $60.70.

Realty Income stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Realty Income, 30% have issued a Strong Buy rating, 10% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Site Centers (NYSE:SITC)


Site Centers (NYSE:SITC) is the third best retail reit stock with a Zen Score of 39, which is 12 points higher than the retail reit industry average of 27. It passed 14 out of 38 due diligence checks and has average fundamentals. Site Centers has seen its stock return 11.42% over the past year, overperforming other retail reit stocks by 24 percentage points.

Site Centers has an average 1 year price target of $65.81, an upside of 10.61% from Site Centers's current stock price of $59.50.

Site Centers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Site Centers, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% 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 7.31%, which is 3 percentage points higher than the retail reit industry average of 4.09%. 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 134.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Alpine Income Property Trust (NYSE:PINE)


Alpine Income Property Trust (NYSE:PINE) has an annual dividend yield of 6.03%, which is 2 percentage points higher than the retail reit industry average of 4.09%. 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 5.8%, which is 2 percentage points higher than the retail reit industry average of 4.09%. 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 131.8% 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 -0.1% in the last day, and up 0.55% 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. Saul Centers (NYSE:BFS)


Saul Centers (NYSE:BFS) is the most undervalued retail reit stock based on WallStreetZen's Valuation Score. Saul Centers has a valuation score of 57, which is 26 points higher than the retail reit industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Saul Centers's stock has gained 10.73% in the past year. It has overperformed other stocks in the retail reit industry by 23 percentage points.

2. Retail Opportunity Investments (NASDAQ:ROIC)


Retail Opportunity Investments (NASDAQ:ROIC) is the second most undervalued retail reit stock based on WallStreetZen's Valuation Score. Retail Opportunity Investments has a valuation score of 57, which is 26 points higher than the retail reit industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Retail Opportunity Investments's stock has gained 17.53% in the past year. It has overperformed other stocks in the retail reit industry by 30 percentage points.

3. Alexander & Baldwin (NYSE:ALEX)


Alexander & Baldwin (NYSE:ALEX) is the third most undervalued retail reit stock based on WallStreetZen's Valuation Score. Alexander & Baldwin has a valuation score of 43, which is 12 points higher than the retail reit industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Alexander & Baldwin's stock has gained 14.51% in the past year. It has overperformed other stocks in the retail reit industry by 27 percentage points.

Are retail reit stocks a good buy now?

44% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to fall by -7.71% 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 56.33x.
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