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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
BFS	SAUL CENTERS INC	United States	$991.03M	24,136,168	45.45%	29.14%	Net Buying
O	REALTY INCOME CORP	United States	$54.61B	870,867,608	76.96%	0.40%	Net Selling	Net Selling
SITC	SITE CENTERS CORP	United States	$3.16B	52,390,515	84.17%	15.83%	Net Selling	Net Selling
NNN	NNN REIT INC	United States	$8.95B	183,660,240	90.09%	1.83%	Net Buying	Net Selling
ALEX	ALEXANDER & BALDWIN INC	United States	$1.44B	72,621,777	85.67%	8.71%	Net Selling	Net Selling
FCPT	FOUR CORNERS PROPERTY TRUST INC	United States	$2.82B	92,664,568	95.39%	1.48%	Net Selling
SPG	SIMON PROPERTY GROUP INC	United States	$53.48B	326,043,383	88.43%	3.34%	Net Selling	Net Buying
SKT	TANGER INC	United States	$3.48B	109,353,536	85.05%	4.17%	Net Selling	Net Selling
GTY	GETTY REALTY CORP	United States	$1.75B	54,185,385	77.85%	11.42%	Net Selling
UE	URBAN EDGE PROPERTIES	United States	$2.60B	121,334,116	92.37%	3.34%	Net Selling	Net Selling
ROIC	RETAIL OPPORTUNITY INVESTMENTS CORP	United States	$2.04B	127,454,354	84.82%	15.18%	Net Selling
REG	REGENCY CENTERS CORP	United States	$13.55B	181,496,694	87.29%	12.71%	Net Selling	Net Selling
ADC	AGREE REALTY CORP	United States	$7.72B	100,624,549	97.92%	2.08%	Net Buying	Net Selling
WSR	WHITESTONE REIT	United States	$672.87M	50,064,943	37.70%	62.30%	Net Selling	Net Selling
BRX	BRIXMOR PROPERTY GROUP INC	United States	$8.44B	301,345,386	34.30%	65.70%	Net Selling	Net Selling
ALX	ALEXANDERS INC	United States	$1.25B	5,107,290	30.28%	69.72%
PINE	ALPINE INCOME PROPERTY TRUST INC	United States	$250.82M	13,631,757	56.07%	9.20%	Net Buying	Net Buying
AKR	ACADIA REALTY TRUST	United States	$2.42B	105,331,061	96.68%	3.32%	Net Selling
PECO	PHILLIPS EDISON & COMPANY INC	United States	$4.77B	122,500,000	79.11%	0.69%	Net Selling	Net Selling
IVT	INVENTRUST PROPERTIES CORP	United States	$2.02B	67,930,431	63.28%	0.81%	Net Selling	Net Selling
KIM	KIMCO REALTY CORP	United States	$16.19B	674,112,166	92.84%	6.09%	Net Selling	Net Selling
FRT	FEDERAL REALTY INVESTMENT TRUST	United States	$9.82B	83,670,446	94.43%	1.70%	Net Selling	Net Selling
MAC	MACERICH CO	United States	$3.56B	215,991,342	67.85%	32.15%	Net Selling
KRG	KITE REALTY GROUP TRUST	United States	$5.89B	219,665,639	90.45%	1.45%	Net Selling
NTST	NETSTREIT CORP	United States	$1.32B	77,377,679	99.56%	0.44%	Net Selling	Net Selling
CBL	CBL & ASSOCIATES PROPERTIES INC	United States	$802.40M	31,466,806	60.57%	39.43%	Net Selling	Net Selling
SRG	SERITAGE GROWTH PROPERTIES	United States	$254.90M	56,268,317	45.05%	54.95%	Net Selling
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	United States	$3.08M	566,814	6.00%	94.00%	Net Selling	Net Selling

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 11.82% over the past year, overperforming other retail reit stocks by 21 percentage points.

Saul Centers has an average 1 year price target of $45.50, an upside of 10.81% from Saul Centers's current stock price of $41.06.

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 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. Realty Income has seen its stock return 13.89% over the past year, overperforming other retail reit stocks by 23 percentage points.

Realty Income has an average 1 year price target of $63.53, an upside of 1.3% from Realty Income's current stock price of $62.71.

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 12.33% over the past year, overperforming other retail reit stocks by 21 percentage points.

Site Centers has an average 1 year price target of $66.00, an upside of 9.29% from Site Centers's current stock price of $60.39.

Site Centers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Site Centers, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% 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 7.36%, which is 3 percentage points higher than the retail reit industry average of 4.11%. 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 6.01%, which is 2 percentage points higher than the retail reit industry average of 4.11%. 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 5.75%, which is 2 percentage points higher than the retail reit industry average of 4.11%. 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 up?

Retail reit stocks were up 1.28% in the last day, and up 2.53% 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. Retail Opportunity Investments (NASDAQ:ROIC)

Retail Opportunity Investments (NASDAQ:ROIC) is the most undervalued retail reit stock based on WallStreetZen's Valuation Score. Retail Opportunity Investments has a valuation score of 71, which is 41 points higher than the retail reit industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Retail Opportunity Investments's stock has gained 15.31% in the past year. It has overperformed other stocks in the retail reit industry by 24 percentage points.

2. Saul Centers (NYSE:BFS)

Saul Centers (NYSE:BFS) is the second most undervalued retail reit stock based on WallStreetZen's Valuation Score. Saul Centers has a valuation score of 57, which is 27 points higher than the retail reit industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Saul Centers's stock has gained 11.82% in the past year. It has overperformed other stocks in the retail reit industry by 21 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 13 points higher than the retail reit industry average of 30. It passed 3 out of 7 valuation due diligence checks.

Alexander & Baldwin's stock has gained 16.46% in the past year. It has overperformed other stocks in the retail reit industry by 26 percentage points.

Are retail reit stocks a good buy now?

40% of retail reit stocks rated by analysts are a buy right now. On average, analysts expect retail reit stocks to fall by -8.76% 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 57.7x.

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.