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Best Real Estate Stocks to Buy Now (2023)
Top real estate stocks in 2023 ranked by overall Zen Score. See the best real estate stocks to buy now, according to analyst forecasts for the real estate sector.

Sector: Real Estate
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CHCI
COMSTOCK HOLDING COMPANIES INC
NASDAQ
Real Estate - Diversified
$46.02M$4.86-0.41%$5.77M5.93x0.45
NMRK
NEWMARK GROUP INC
NASDAQ
Real Estate Services
$1.49B$8.65-4.00%$489.48M7.27x2.80
RMR
RMR GROUP INC
NASDAQ
Real Estate Services
$910.81M$28.82-4.41%$45.99M14.70x0.94
STAR
ISTAR INC
NYSE
REIT - Diversified
$803.68M$9.27-2.83%$533.84M1.25x1.09
BRT
BRT APARTMENTS CORP
NYSE
REIT - Residential
$411.38M$21.721.50%$85.96M7.70x1.89
OPAD
OFFERPAD SOLUTIONS INC
NYSE
Real Estate Services
$223.22M$0.90-17.16%$23.25M30.10x4.97
MMI
MARCUS & MILLICHAP INC
NYSE
Real Estate Services
$1.45B$36.84-0.54%$253.06M9.33x0.38
CWK
CUSHMAN & WAKEFIELD PLC
NYSE
Real Estate Services
$3.30B$14.63-2.66%$891.90M10.53x3.83
CSGP
COSTAR GROUP INC
NASDAQ
Real Estate Services
$30.80B$75.73-1.11%$646.30M88.06x0.22
CBRE
CBRE GROUP INC
NYSE
Real Estate Services
$27.05B$85.63-1.73%$3.18B13.92x1.46
LAMR
LAMAR ADVERTISING CO
NASDAQ
REIT - Specialty
$10.99B$108.05-1.42%$891.57M22.14x3.93
SRC
SPIRIT REALTY CAPITAL INC
NYSE
REIT - Diversified
$6.08B$43.550.39%$651.30M22.92x0.85
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
NYSE
REIT - Industrial
$2.57B$91.99-1.22%$218.71M17.42x0.24
EQIX
EQUINIX INC
NASDAQ
REIT - Specialty
$66.98B$723.83-1.25%$2.88B94.49x1.63
UHT
UNIVERSAL HEALTH REALTY INCOME TRUST
NYSE
REIT - Healthcare Facilities
$769.47M$55.75-2.64%$143.71M7.17x1.61
LSEA
LANDSEA HOMES CORP
NASDAQ
Real Estate - Development
$282.96M$6.91-0.72%$121.26M3.56x1.25
PSA
PUBLIC STORAGE
NYSE
REIT - Industrial
$54.05B$307.75-0.23%$5.55B12.43x0.73
AXR
AMREP CORP
NYSE
Real Estate Services
$72.31M$13.761.25%$22.23M5.33x0.08
WY
WEYERHAEUSER CO
NYSE
REIT - Specialty
$25.21B$34.25-2.89%$3.63B11.16x0.62
AIV
APARTMENT INVESTMENT & MANAGEMENT CO
NYSE
REIT - Residential
$1.16B$7.62-1.17%$541.89M4.21x1.68
HST
HOST HOTELS & RESORTS INC
NYSE
REIT - Hotel & Motel
$13.24B$18.52-2.88%$1.66B16.39x0.76
CCI
CROWN CASTLE INC
NYSE
REIT - Specialty
$63.12B$145.76-0.14%$3.99B39.08x4.06
GMRE
GLOBAL MEDICAL REIT INC
NYSE
REIT - Healthcare Facilities
$732.49M$11.18-1.06%$83.03M44.72x1.14
BDN
BRANDYWINE REALTY TRUST
NYSE
REIT - Office
$1.16B$6.74-2.46%$273.27M39.65x1.44
AFCG
AFC GAMMA INC
NASDAQ
REIT - Specialty
$322.16M$15.82-1.31%$40.42M7.46x0.36
HIW
HIGHWOODS PROPERTIES INC
NYSE
REIT - Office
$3.15B$29.99-2.63%$639.64M12.44x1.35
DLR
DIGITAL REALTY TRUST INC
NYSE
REIT - Office
$32.89B$114.40-0.70%$3.31B23.16x1.19
PINE
ALPINE INCOME PROPERTY TRUST INC
NYSE
REIT - Diversified
$242.84M$20.38-1.26%$62.83M6.93x1.27
MPW
MEDICAL PROPERTIES TRUST INC
NYSE
REIT - Healthcare Facilities
$7.47B$12.49-2.35%$2.00B5.98x1.16
MAA
MID AMERICA APARTMENT COMMUNITIES INC
NYSE
REIT - Residential
$19.95B$172.72-0.19%$1.33B31.81x0.87
PCH
POTLATCHDELTIC CORP
NASDAQ
REIT - Specialty
$3.84B$47.58-3.00%$554.09M8.98x0.55
IRT
INDEPENDENCE REALTY TRUST INC
NYSE
REIT - Residential
$4.29B$19.15-0.21%$413.51M30.40x0.81
AAT
AMERICAN ASSETS TRUST INC
NYSE
REIT - Diversified
$1.71B$28.30-2.04%$224.39M40.43x1.47
DOC
PHYSICIANS REALTY TRUST
NYSE
REIT - Healthcare Facilities
$3.58B$15.70-0.70%$380.48M29.07x0.77
CIO
CITY OFFICE REIT INC
NYSE
REIT - Office
$384.87M$9.69-2.81%$548.26M0.93x0.92
SELF
GLOBAL SELF STORAGE INC
NASDAQ
REIT - Industrial
$57.75M$5.200.19%$5.41M17.93x0.40
ALX
ALEXANDERS INC
NYSE
REIT - Retail
$1.20B$234.62-0.88%$175.64M9.84x4.71
O
REALTY INCOME CORP
NYSE
REIT - Retail
$42.48B$67.730.21%$2.69B67.73x0.71
OPEN
OPENDOOR TECHNOLOGIES INC
NASDAQ
Real Estate Services
$1.52B$2.39-7.72%-$710.53M-1.31x5.58
BRSP
BRIGHTSPIRE CAPITAL INC
NYSE
REIT - Diversified
$971.11M$7.53-3.34%$193.80M8.01x3.12
DHC
DIVERSIFIED HEALTHCARE TRUST
NASDAQ
REIT - Healthcare Facilities
$171.87M$0.72-3.76%$884.26M0.41x1.24
CUZ
COUSINS PROPERTIES INC
NYSE
REIT - Office
$4.00B$26.41-2.44%$670.30M12.76x0.61
RC
READY CAPITAL CORP
NYSE
REIT - Mortgage
$1.45B$13.13-2.45%$267.84M5.47x5.29
VICI
VICI PROPERTIES INC
NYSE
REIT - Diversified
$33.37B$34.650.41%$1.24B32.08x0.70
DEI
DOUGLAS EMMETT INC
NYSE
REIT - Office
$2.90B$16.52-2.71%$600.36M31.77x2.13
TCI
TRANSCONTINENTAL REALTY INVESTORS INC
NYSE
Real Estate Services
$386.78M$44.77-0.75%$521.73M0.97x0.50
FCPT
FOUR CORNERS PROPERTY TRUST INC
NYSE
REIT - Hotel & Motel
$2.43B$28.910.21%$172.65M23.31x0.97
NSA
NATIONAL STORAGE AFFILIATES TRUST
NYSE
REIT - Industrial
$3.89B$42.811.83%$424.18M46.03x2.14
STWD
STARWOOD PROPERTY TRUST INC
NYSE
REIT - Mortgage
$6.50B$21.00-2.37%$1.45B7.92x11.30
INVH
INVITATION HOMES INC
NYSE
REIT - Residential
$20.19B$33.03-1.17%$1.29B56.95x0.81
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
NYSE
REIT - Diversified
$3.57B$25.08-1.22%$250.05M25.59x0.54
BXP
BOSTON PROPERTIES INC
NYSE
REIT - Office
$11.50B$73.36-2.81%$2.06B12.63x2.49
APLE
APPLE HOSPITALITY REIT INC
NYSE
REIT - Hotel & Motel
$4.02B$17.56-1.51%$397.95M25.45x0.47
SKT
TANGER FACTORY OUTLET CENTERS INC
NYSE
REIT - Retail
$2.02B$19.33-0.82%$228.63M26.12x3.33
CHCT
COMMUNITY HEALTHCARE TRUST INC
NYSE
REIT - Healthcare Facilities
$1.08B$42.77-0.83%$66.86M49.16x0.70
EGP
EASTGROUP PROPERTIES INC
NYSE
REIT - Industrial
$7.48B$171.620.44%$400.58M32.57x0.99
NNN
NATIONAL RETAIL PROPERTIES INC
NYSE
REIT - Retail
$8.41B$47.08-0.30%$688.52M26.90x0.99
REXR
REXFORD INDUSTRIAL REALTY INC
NYSE
REIT - Industrial
$11.82B$64.39-1.23%$388.17M69.24x0.38
DEA
EASTERLY GOVERNMENT PROPERTIES INC
NYSE
REIT - Office
$1.47B$16.22-1.40%$164.89M64.88x1.23
AHH
ARMADA HOFFLER PROPERTIES INC
NYSE
REIT - Diversified
$864.91M$12.77-0.78%$158.17M15.96x1.96
HR
HEALTHCARE REALTY TRUST INC
NYSE
REIT - Healthcare Facilities
$8.16B$21.43-0.79%$537.94M76.54x0.82
FSP
FRANKLIN STREET PROPERTIES CORP
NYSEMKT
REIT - Office
$312.80M$3.03-1.94%$173.14M3.88x0.63
EXPI
EXP WORLD HOLDINGS INC
NASDAQ
Real Estate Services
$2.51B$16.46-2.37%$22.90M63.31x0.72
BRX
BRIXMOR PROPERTY GROUP INC
NYSE
REIT - Retail
$6.96B$23.22-1.28%$854.32M21.11x2.00
SHO
SUNSTONE HOTEL INVESTORS INC
NYSE
REIT - Hotel & Motel
$2.28B$10.83-2.43%$361.34M12.03x0.48
RITM
RITHM CAPITAL CORP
NYSE
REIT - Mortgage
$4.36B$9.20-2.75%$1.36B4.55x4.04
ARL
AMERICAN REALTY INVESTORS INC
NYSE
Real Estate - Development
$443.70M$27.470.37%$443.25M1.37x0.69
OUT
OUTFRONT MEDIA INC
NYSE
REIT - Specialty
$3.40B$20.72-1.43%$436.30M22.52x3.45
HT
HERSHA HOSPITALITY TRUST
NYSE
REIT - Hotel & Motel
$365.95M$9.23-1.07%$238.05M4.86x1.21
REG
REGENCY CENTERS CORP
NASDAQ
REIT - Retail
$11.33B$66.20-0.91%$915.55M24.98x0.77
FOR
FORESTAR GROUP INC
NYSE
Real Estate - Development
$732.65M$14.72-4.04%$212.80M4.60x0.92
SAFE
SAFEHOLD INC
NYSE
REIT - Diversified
$2.16B$34.74-2.58%$260.33M15.51x1.73
PDM
PIEDMONT OFFICE REALTY TRUST INC
NYSE
REIT - Office
$1.29B$10.42-2.53%$309.50M32.56x1.33
KRC
KILROY REALTY CORP
NYSE
REIT - Office
$4.63B$39.65-2.44%$661.56M20.54x0.91
AMT
AMERICAN TOWER CORP
NYSE
REIT - Specialty
$102.70B$220.57-0.67%$7.30B34.96x8.63
STRS
STRATUS PROPERTIES INC
NASDAQ
Real Estate - Diversified
$179.07M$21.89-0.18%$168.85M1.14x0.81
BFS
SAUL CENTERS INC
NYSE
REIT - Retail
$1.02B$42.84-0.70%$142.92M25.96x3.17
SOHO
SOTHERLY HOTELS INC
NASDAQ
REIT - Hotel & Motel
$45.12M$2.380.04%$51.51M18.32x7.44
LSI
LIFE STORAGE INC
NYSE
REIT - Industrial
$10.46B$123.0511.28%$624.58M30.46x0.95
JLL
JONES LANG LASALLE INC
NYSE
Real Estate Services
$8.37B$176.38-3.02%$1.45B9.72x1.62
CHMI
CHERRY HILL MORTGAGE INVESTMENT CORP
NYSE
REIT - Mortgage
$145.24M$6.92-2.26%$66.37M2.64x4.52
CTO
CTO REALTY GROWTH INC
NYSE
Real Estate - Development
$370.55M$19.71-1.25%$43.85M105.40x0.90
NXRT
NEXPOINT RESIDENTIAL TRUST INC
NYSE
REIT - Residential
$1.28B$50.17-1.26%$171.30M48.24x3.26
BRMK
BROADMARK REALTY CAPITAL INC
NYSE
REIT - Mortgage
$575.55M$4.33-3.78%$69.91M9.62x0.12
EXR
EXTRA SPACE STORAGE INC
NYSE
REIT - Industrial
$22.50B$167.992.98%$1.41B24.31x2.39
AEI
ALSET INC
NASDAQ
Real Estate - Development
$15.59M$2.10-32.26%-$48.41M0.46x0.04
ABR
ARBOR REALTY TRUST INC
NYSE
REIT - Mortgage
$2.54B$14.83-3.14%$435.42M7.61x5.25
AVB
AVALONBAY COMMUNITIES INC
NYSE
REIT - Residential
$25.01B$178.79-0.81%$2.28B20.32x0.80
NLY
ANNALY CAPITAL MANAGEMENT INC
NYSE
REIT - Mortgage
$10.76B$22.99-3.20%$3.10B2.87x6.85
GLPI
GAMING & LEISURE PROPERTIES INC
NASDAQ
REIT - Specialty
$13.88B$53.900.15%$1.21B22.00x1.89
PK
PARK HOTELS & RESORTS INC
NYSE
REIT - Hotel & Motel
$3.24B$14.41-2.50%$583.00M51.46x1.25
TRNO
TERRENO REALTY CORP
NYSE
REIT - Industrial
$4.97B$65.400.18%$240.55M28.68x0.44
FR
FIRST INDUSTRIAL REALTY TRUST INC
NYSE
REIT - Industrial
$7.10B$53.70-0.19%$577.28M18.02x0.98
OPI
OFFICE PROPERTIES INCOME TRUST
NASDAQ
REIT - Office
$811.54M$16.71-3.41%$209.33M185.67x1.82
ARI
APOLLO COMMERCIAL REAL ESTATE FINANCE INC
NYSE
REIT - Mortgage
$1.73B$12.27-3.16%$308.12M5.93x3.08
LOAN
MANHATTAN BRIDGE CAPITAL INC
NASDAQ
REIT - Mortgage
$66.67M$5.80-0.34%$6.60M12.89x0.74
AMH
AMERICAN HOMES 4 RENT
NYSE
REIT - Residential
$12.17B$34.43-0.52%$773.72M56.44x0.77
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
NYSE
REIT - Office
$28.95B$167.26-0.32%$1.62B52.60x0.68
WPC
W P CAREY INC
NYSE
REIT - Diversified
$17.42B$83.75-0.04%$1.23B33.10x1.02
LXP
LXP INDUSTRIAL TRUST
NYSE
REIT - Diversified
$3.19B$11.57-0.86%$566.40M9.81x0.84

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
13-0.70%+0.38%+4.55%-3.09%10.83x0.72x+16.55%+7.41%+2.33%+29.92%Buy
7-1.31%+2.27%+10.85%-19.05%16.47x1.74x+10.03%+4.31%+0.05%+1.39%Strong Buy
36-1.80%+1.57%+7.07%-21.88%24.87x2.74x+8.06%+4.34%+7.05%+24.96%Buy
27-1.13%+1.12%+7.49%-22.70%24.57x1.41x+4.90%+2.83%N/A+20.13%Buy
17-1.50%+0.70%+6.95%-4.49%-27.94x1.57x+3.75%+1.63%+0.14%+10.09%Buy
18-1.98%+1.72%+15.96%-4.09%-12.52x1.39x-0.44%+3.17%+0.44%+17.33%Buy
18+1.05%+5.42%+12.82%-18.59%14.92x3.28x+18.23%+9.54%+0.11%+13.93%Buy
39-3.08%+0.81%+8.75%-24.51%3.56x0.79x+4.64%+0.78%+0.00%+7.95%Buy
26-1.52%+2.52%+9.39%-32.04%41.76x1.22x+5.73%+2.41%N/A+15.70%Hold
18-0.71%+4.53%+9.35%-22.79%39.40x2.45x+9.80%+4.39%N/A+13.25%Buy
27-0.67%+1.55%+6.13%-4.17%39.97x2.08x+18.79%+3.13%N/A-1.82%Buy
17-1.16%+0.98%+5.22%-6.72%47.41x8.09x+25.86%+4.61%+7.17%+12.70%Buy

Real Estate Stocks FAQ

What are the best real estate stocks to buy right now in Feb 2023?

According to Zen Score, the 3 best real estate stocks to buy right now are:

1. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the top real estate stock with a Zen Score of 58, which is 30 points higher than the real estate sector average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Comstock Holding Companies has seen its stock return 8% over the past year, overperforming other real estate stocks by 25 percentage points.

2. Newmark Group (NASDAQ:NMRK)


Newmark Group (NASDAQ:NMRK) is the second best real estate stock with a Zen Score of 53, which is 25 points higher than the real estate sector average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Newmark Group has seen its stock lose -44.97% over the past year, underperforming other real estate stocks by -28 percentage points.

Newmark Group has an average 1 year price target of $11.25, an upside of 30.06% from Newmark Group's current stock price of $8.65.

Newmark Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Newmark Group, 0% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

3. Rmr Group (NASDAQ:RMR)


Rmr Group (NASDAQ:RMR) is the third best real estate stock with a Zen Score of 53, which is 25 points higher than the real estate sector average of 28. It passed 19 out of 38 due diligence checks and has strong fundamentals. Rmr Group has seen its stock lose -6.37% over the past year, overperforming other real estate stocks by 10 percentage points.

Rmr Group has an average 1 year price target of $38.00, an upside of 31.85% from Rmr Group's current stock price of $28.82.

Rmr Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Rmr Group, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the real estate stocks with highest dividends?

Out of 191 real estate stocks that have issued dividends in the past year, the 3 real estate stocks with the highest dividend yields are:

1. Istar (NYSE:STAR)


Istar (NYSE:STAR) has an annual dividend yield of 28.25%, which is 22 percentage points higher than the real estate sector average of 5.98%. Istar's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Istar's dividend has shown consistent growth over the last 10 years.

Istar's dividend payout ratio of 6.8% indicates that its high dividend yield is sustainable for the long-term.

2. Angel Oak Mortgage (NYSE:AOMR)


Angel Oak Mortgage (NYSE:AOMR) has an annual dividend yield of 21.11%, which is 15 percentage points higher than the real estate sector average of 5.98%.

Angel Oak Mortgage's dividend payout ratio of -23.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Armour Residential Reit (NYSE:ARR)


Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 19.45%, which is 13 percentage points higher than the real estate sector average of 5.98%. Armour Residential Reit's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Armour Residential Reit's dividend has not shown consistent growth over the last 10 years.

Armour Residential Reit's dividend payout ratio of -42.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are real estate stocks down?

Real estate stocks were down -0.93% in the last day, and up 2.37% over the last week. Alset was the among the top losers in the real estate sector, dropping -32.26% yesterday.

Alset shares are trading lower after the company announced a $3.8 million public offering of common stock.

What are the most undervalued real estate stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued real estate stocks right now are:

1. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the most undervalued real estate stock based on WallStreetZen's Valuation Score. Comstock Holding Companies has a valuation score of 100, which is 71 points higher than the real estate sector average of 29. It passed 7 out of 7 valuation due diligence checks.

Comstock Holding Companies's stock has gained 8% in the past year. It has overperformed other stocks in the real estate sector by 25 percentage points.

2. Landsea Homes (NASDAQ:LSEA)


Landsea Homes (NASDAQ:LSEA) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Landsea Homes has a valuation score of 100, which is 71 points higher than the real estate sector average of 29. It passed 7 out of 7 valuation due diligence checks.

Landsea Homes's stock has dropped -1.57% in the past year. It has overperformed other stocks in the real estate sector by 15 percentage points.

3. Stratus Properties (NASDAQ:STRS)


Stratus Properties (NASDAQ:STRS) is the third most undervalued real estate stock based on WallStreetZen's Valuation Score. Stratus Properties has a valuation score of 100, which is 71 points higher than the real estate sector average of 29. It passed 7 out of 7 valuation due diligence checks.

Stratus Properties's stock has dropped -42.29% in the past year. It has underperformed other stocks in the real estate sector by -26 percentage points.

Are real estate stocks a good buy now?

43.59% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 12.85% over the next year.

What is the average p/e ratio of the real estate sector?

The average P/E ratio of the real estate sector is 27.22x.
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.