WallStreetZenWallStreetZen

Sectors & IndustriesReal Estate
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
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
NYSE
REIT - Industrial
$2.29B$81.661.30%$249.70M14.01x0.23
BEKE
KE HOLDINGS INC
NYSE
Real Estate Services
$19.94B$15.93-0.13%N/A24.77x0.65
CHCI
COMSTOCK HOLDING COMPANIES INC
NASDAQ
Real Estate - Diversified
$42.66M$4.420.00%$8.29M5.89x0.33
LSEA
LANDSEA HOMES CORP
NASDAQ
Real Estate - Development
$389.67M$10.31-0.67%$61.49M10.01x1.19
AXR
AMREP CORP
NYSE
Real Estate - Development
$86.09M$16.33-2.79%$7.18M4.06x0.04
ACRE
ARES COMMERCIAL REAL ESTATE CORP
NYSE
REIT - Mortgage
$544.11M$10.050.50%$3.98M167.50x2.46
O
REALTY INCOME CORP
NYSE
REIT - Retail
$39.06B$53.960.54%$3.44B40.88x0.74
GMRE
GLOBAL MEDICAL REIT INC
NYSE
REIT - Healthcare Facilities
$657.62M$10.030.60%$95.44M41.79x1.09
UDR
UDR INC
NYSE
REIT - Residential
$10.99B$33.400.33%$1.32B24.20x1.53
NXRT
NEXPOINT RESIDENTIAL TRUST INC
NYSE
REIT - Residential
$781.78M$30.45-0.03%$188.43M26.25x3.23
AGNC
AGNC INVESTMENT CORP
NASDAQ
REIT - Mortgage
$5.92B$8.82-1.45%$425.00M17.64x8.40
CSGP
COSTAR GROUP INC
NASDAQ
Real Estate Services
$33.91B$83.04-1.07%$485.76M83.04x0.22
RMR
RMR GROUP INC
NASDAQ
Real Estate Services
$755.67M$23.830.17%$80.02M6.93x0.66
WPC
W P CAREY INC
NYSE
REIT - Diversified
$13.61B$62.240.08%$1.70B17.01x1.04
INVH
INVITATION HOMES INC
NYSE
REIT - Residential
$20.41B$33.361.21%$1.48B40.68x0.90
LFT
LUMENT FINANCE TRUST INC
NYSE
REIT - Mortgage
$109.69M$2.100.96%$16.81M8.75x5.00
CUBE
CUBESMART
NYSE
REIT - Industrial
$8.94B$39.760.25%$698.17M23.67x1.20
BXMT
BLACKSTONE MORTGAGE TRUST INC
NYSE
REIT - Mortgage
$3.82B$22.18-0.05%$206.99M19.12x4.37
RHP
RYMAN HOSPITALITY PROPERTIES INC
NYSE
REIT - Hotel & Motel
$5.99B$100.351.62%$640.79M24.90x31.61
NSA
NATIONAL STORAGE AFFILIATES TRUST
NYSE
REIT - Industrial
$2.76B$33.190.45%$503.70M28.86x2.75
CHCT
COMMUNITY HEALTHCARE TRUST INC
NYSE
REIT - Healthcare Facilities
$738.87M$27.100.37%$63.50M123.18x0.83
HST
HOST HOTELS & RESORTS INC
NASDAQ
REIT - Hotel & Motel
$12.32B$17.470.17%$1.64B16.33x0.77
AMH
AMERICAN HOMES 4 RENT
NYSE
REIT - Residential
$13.13B$36.271.34%$986.07M34.54x0.73
STWD
STARWOOD PROPERTY TRUST INC
NYSE
REIT - Mortgage
$6.22B$19.87-0.05%$1.79B15.28x10.00
FCPT
FOUR CORNERS PROPERTY TRUST INC
NYSE
REIT - Retail
$2.08B$22.990.61%$184.39M21.29x0.96
VICI
VICI PROPERTIES INC
NYSE
REIT - Diversified
$30.92B$29.890.91%$3.16B12.35x0.76
DEA
EASTERLY GOVERNMENT PROPERTIES INC
NYSE
REIT - Office
$1.11B$11.66-0.17%$171.70M35.33x1.09
PDM
PIEDMONT OFFICE REALTY TRUST INC
NYSE
REIT - Office
$769.50M$6.22-0.32%$371.21M14.14x1.31
GLPI
GAMING & LEISURE PROPERTIES INC
NASDAQ
REIT - Specialty
$12.48B$46.731.85%$1.31B17.05x1.75
AAT
AMERICAN ASSETS TRUST INC
NYSE
REIT - Diversified
$1.22B$20.141.72%$232.22M24.27x1.52
HASI
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC
NYSE
REIT - Specialty
$2.69B$24.210.71%$182.17M65.43x1.86
ABR
ARBOR REALTY TRUST INC
NYSE
REIT - Mortgage
$2.35B$12.483.23%$463.88M6.86x4.08
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
NYSE
REIT - Mortgage
$1.22B$14.040.93%$198.59M11.32x5.78
DRH
DIAMONDROCK HOSPITALITY CO
NYSE
REIT - Hotel & Motel
$1.74B$8.320.48%$276.99M20.80x0.98
REXR
REXFORD INDUSTRIAL REALTY INC
NYSE
REIT - Industrial
$10.39B$49.221.09%$512.68M46.88x0.37
AVB
AVALONBAY COMMUNITIES INC
NYSE
REIT - Residential
$24.56B$172.941.24%$1.97B26.28x0.76
NHI
NATIONAL HEALTH INVESTORS INC
NYSE
REIT - Healthcare Facilities
$2.36B$54.26-0.40%$231.39M22.24x0.97
AFCG
AFC GAMMA INC
NASDAQ
REIT - Specialty
$232.19M$11.35-1.99%$34.76M7.14x0.31
LTC
LTC PROPERTIES INC
NYSE
REIT - Healthcare Facilities
$1.35B$32.620.59%$160.25M16.99x1.22
CTRE
CARETRUST REIT INC
NYSE
REIT - Healthcare Facilities
$2.75B$23.080.87%$134.02M56.29x0.59
BFS
SAUL CENTERS INC
NYSE
REIT - Retail
$884.72M$36.951.40%$147.94M21.99x3.68
KRC
KILROY REALTY CORP
NYSE
REIT - Office
$3.87B$32.98-0.99%$684.62M17.83x1.07
RC
READY CAPITAL CORP
NYSE
REIT - Mortgage
$1.76B$10.220.89%$339.49M4.10x3.90
GTY
GETTY REALTY CORP
NYSE
REIT - Retail
$1.55B$29.431.62%$143.93M20.58x0.92
CIM
CHIMERA INVESTMENT CORP
NYSE
REIT - Mortgage
$1.18B$5.21-1.51%$192.58M10.22x4.17
TRNO
TERRENO REALTY CORP
NYSE
REIT - Industrial
$4.88B$57.110.78%$236.35M30.06x0.37
CUZ
COUSINS PROPERTIES INC
NYSE
REIT - Office
$3.11B$20.520.34%$499.79M34.78x0.66
SPG
SIMON PROPERTY GROUP INC
NYSE
REIT - Retail
$40.75B$124.891.74%$4.46B18.50x9.94
EFC
ELLINGTON FINANCIAL INC
NYSE
REIT - Mortgage
$887.04M$13.00-0.15%$89.52M11.71x9.98
NNN
NNN REIT INC
NYSE
REIT - Retail
$7.41B$40.621.50%$780.36M19.07x1.06
CCI
CROWN CASTLE INC
NYSE
REIT - Specialty
$50.86B$117.281.12%$4.14B32.67x4.80
MAA
MID AMERICA APARTMENT COMMUNITIES INC
NYSE
REIT - Residential
$14.53B$124.480.50%$1.30B24.85x0.83
LRE
LEAD REAL ESTATE CO LTD
NASDAQ
Real Estate - Development
$95.49M$7.000.00%$6.30M24.39x4.77
EQIX
EQUINIX INC
NASDAQ
REIT - Specialty
$76.52B$815.010.83%$3.24B87.54x1.66
HIW
HIGHWOODS PROPERTIES INC
NYSE
REIT - Office
$2.00B$18.951.23%$564.81M14.69x1.46
PINE
ALPINE INCOME PROPERTY TRUST INC
NYSE
REIT - Retail
$223.72M$16.330.93%$43.37M29.16x1.00
AHH
ARMADA HOFFLER PROPERTIES INC
NYSE
REIT - Diversified
$740.06M$10.981.67%$150.21M31.37x2.68
SKT
TANGER INC
NYSE
REIT - Retail
$2.63B$24.960.56%$252.48M28.36x3.45
ADC
AGREE REALTY CORP
NYSE
REIT - Retail
$5.95B$59.211.44%$410.37M34.63x0.46
EXPI
EXP WORLD HOLDINGS INC
NASDAQ
Real Estate Services
$1.86B$12.11-4.65%$11.95M403.67x0.69
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
NYSE
REIT - Diversified
$3.71B$23.751.02%$325.53M19.96x0.59
DOC
PHYSICIANS REALTY TRUST
NYSE
REIT - Healthcare Facilities
$2.79B$11.680.60%$317.42M61.47x0.80
SELF
GLOBAL SELF STORAGE INC
NASDAQ
REIT - Industrial
$51.03M$4.58-1.72%$4.74M22.90x0.40
SBAC
SBA COMMUNICATIONS CORP
NASDAQ
REIT - Specialty
$26.64B$246.960.72%$1.72B53.92x-3.00
IRM
IRON MOUNTAIN INC
NYSE
REIT - Specialty
$18.73B$64.151.37%$1.68B67.53x63.29
IRS
IRSA INVESTMENTS & REPRESENTATIONS INC
NYSE
Real Estate Services
$720.29M$8.88-3.48%$27.47M3.85x0.89
KIM
KIMCO REALTY CORP
NYSE
REIT - Retail
$11.98B$19.321.58%$1.33B27.21x0.85
ESS
ESSEX PROPERTY TRUST INC
NYSE
REIT - Residential
$13.70B$213.460.58%$1.28B26.22x1.22
RITM
RITHM CAPITAL CORP
NYSE
REIT - Mortgage
$5.02B$10.380.78%$865.82M7.21x3.81
LAMR
LAMAR ADVERTISING CO
NASDAQ
REIT - Specialty
$10.33B$101.291.25%$968.09M25.01x4.54
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
NYSE
REIT - Office
$19.01B$109.400.36%$1.38B79.28x0.76
PSTL
POSTAL REALTY TRUST INC
NYSE
REIT - Office
$304.00M$14.000.14%$31.96M116.67x1.04
CBRE
CBRE GROUP INC
NYSE
Real Estate Services
$24.07B$78.96-0.53%$1.43B40.70x1.72
TCI
TRANSCONTINENTAL REALTY INVESTORS INC
NYSE
Real Estate Services
$283.80M$32.85-1.26%$112.77M4.21x0.28
EARN
ELLINGTON RESIDENTIAL MORTGAGE REIT
NYSE
REIT - Mortgage
$99.12M$6.07-0.16%$3.80M14.80x8.55
BRX
BRIXMOR PROPERTY GROUP INC
NYSE
REIT - Retail
$6.47B$21.520.94%$894.97M19.04x1.91
WSR
WHITESTONE REIT
NYSE
REIT - Retail
$543.46M$10.960.55%$103.33M14.23x1.60
SHO
SUNSTONE HOTEL INVESTORS INC
NYSE
REIT - Hotel & Motel
$2.03B$9.881.33%$275.87M24.70x0.48
EPR
EPR PROPERTIES
NYSE
REIT - Specialty
$3.36B$44.620.45%$466.04M23.00x1.31
EGP
EASTGROUP PROPERTIES INC
NYSE
REIT - Industrial
$8.05B$173.750.98%$390.63M44.10x0.83
RPT
RPT REALTY
NYSE
REIT - Retail
$1.01B$11.621.48%$165.01M21.13x1.05
APLE
APPLE HOSPITALITY REIT INC
NYSE
REIT - Hotel & Motel
$3.81B$16.671.34%$409.37M23.81x0.50
FOR
FORESTAR GROUP INC
NYSE
Real Estate - Development
$1.52B$30.53-2.83%$224.60M9.14x0.80
CSR
CENTERSPACE
NYSE
REIT - Residential
$802.90M$53.34-0.30%$186.96M19.54x1.23
OHI
OMEGA HEALTHCARE INVESTORS INC
NYSE
REIT - Healthcare Facilities
$7.78B$31.751.70%$798.21M32.73x1.52
STRW
STRAWBERRY FIELDS REIT INC
NYSEMKT
REIT - Healthcare Facilities
$49.06M$7.63-0.13%$55.88M18.17x68.92
WY
WEYERHAEUSER CO
NYSE
REIT - Specialty
$22.89B$31.35-1.10%$1.46B36.03x0.72
STAG
STAG INDUSTRIAL INC
NYSE
REIT - Industrial
$6.51B$35.850.06%$547.98M35.15x0.81
REG
REGENCY CENTERS CORP
NASDAQ
REIT - Retail
$11.59B$62.782.13%$854.20M29.34x0.73
OPEN
OPENDOOR TECHNOLOGIES INC
NASDAQ
Real Estate Services
$2.02B$3.010.33%-$215.00M-3.31x2.87
CLDT
CHATHAM LODGING TRUST
NYSE
REIT - Hotel & Motel
$484.19M$9.910.51%$93.83M247.75x0.69
LOAN
MANHATTAN BRIDGE CAPITAL INC
NASDAQ
REIT - Mortgage
$52.67M$4.601.10%$8.93M9.39x0.69
DLR
DIGITAL REALTY TRUST INC
NYSE
REIT - Specialty
$42.03B$138.780.42%$3.08B47.04x1.20
LODE
COMSTOCK INC
NYSEMKT
Real Estate Services
$54.47M$0.47-8.46%-$14.73M-1.79x0.38
NMRK
NEWMARK GROUP INC
NASDAQ
Real Estate Services
$1.42B$8.23-0.36%$231.81M102.88x2.45
LADR
LADDER CAPITAL CORP
NYSE
REIT - Mortgage
$1.42B$11.210.18%$201.97M9.83x2.58
PLD
PROLOGIS INC
NYSE
REIT - Industrial
$106.19B$114.931.67%$6.23B36.37x0.63
EXR
EXTRA SPACE STORAGE INC
NYSE
REIT - Industrial
$27.50B$130.170.49%$1.57B23.93x0.83
PEAK
HEALTHPEAK PROPERTIES INC
NYSE
REIT - Healthcare Facilities
$9.48B$17.321.05%$1.18B39.36x1.33
KRG
KITE REALTY GROUP TRUST
NYSE
REIT - Retail
$4.63B$21.121.83%$583.34M124.24x0.92

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
13-1.09%-3.22%+11.39%-17.05%3.04x1.01x+3.34%+2.16%+0.09%+10.19%Strong Buy
5-0.82%-1.03%+10.34%+0.94%10.06x1.79x-2.44%-0.33%+0.09%+36.04%Strong Buy
44-1.29%-1.19%+8.75%-7.94%77.33x2.32x-0.61%+2.53%+3.97%+15.65%Buy
19+0.27%+1.54%+13.33%-19.84%16.03x1.21x+6.76%+3.84%N/A+15.59%Buy
17+0.71%+0.76%+6.22%-8.23%863.12x1.52x+1.38%+0.60%N/A+9.03%Buy
16+1.01%+1.00%+13.25%-6.07%12.74x1.31x-109.67%+3.47%+0.00%+17.65%Hold
17+0.73%+1.59%+12.69%-9.73%27.24x2.14x+8.94%+4.75%+0.00%+11.37%Buy
40+0.11%+1.70%+15.84%-15.43%-2.83x0.73x-0.09%+0.17%N/A+16.25%Buy
23-0.31%+4.79%+12.88%-26.37%37.67x0.80x+0.33%+0.21%N/A+17.14%Hold
21+0.70%+0.63%+7.55%-12.86%34.73x2.12x+8.21%+3.65%N/A+15.95%Buy
29+1.05%+1.22%+8.83%-12.90%38.72x1.83x+21.88%+3.33%N/A+10.37%Buy
20+0.74%+3.10%+16.47%+1.23%75.62x6.25x+12.74%+2.69%+4.52%+1.33%Buy

Real Estate Stocks FAQ

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

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

1. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) is the top real estate stock with a Zen Score of 63, which is 38 points higher than the real estate sector average of 25. It passed 23 out of 38 due diligence checks and has strong fundamentals. Innovative Industrial Properties has seen its stock lose -32.63% over the past year, underperforming other real estate stocks by -23 percentage points.

Innovative Industrial Properties has an average 1 year price target of $90.00, an upside of 10.21% from Innovative Industrial Properties's current stock price of $81.66.

Innovative Industrial Properties stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Innovative Industrial Properties, 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.

2. Ke Holdings (NYSE:BEKE)


Ke Holdings (NYSE:BEKE) is the second best real estate stock with a Zen Score of 57, which is 32 points higher than the real estate sector average of 25. It passed 19 out of 33 due diligence checks and has strong fundamentals. Ke Holdings has seen its stock lose -5.85% over the past year, overperforming other real estate stocks by 4 percentage points.

3. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the third best real estate stock with a Zen Score of 55, which is 30 points higher than the real estate sector average of 25. It passed 17 out of 33 due diligence checks and has strong fundamentals. Comstock Holding Companies has seen its stock return 1.14% over the past year, overperforming other real estate stocks by 11 percentage points.

What are the real estate stocks with highest dividends?

Out of 180 real estate stocks that have issued dividends in the past year, the 3 real estate stocks with the highest dividend yields are:

1. Corenergy Infrastructure Trust (NYSE:CORR)


Corenergy Infrastructure Trust (NYSE:CORR) has an annual dividend yield of N/A, which is N/A percentage points lower than the real estate sector average of 7.05%. Corenergy Infrastructure Trust's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Corenergy Infrastructure Trust's dividend has not shown consistent growth over the last 10 years.

Corenergy Infrastructure Trust's dividend payout ratio of -3.5% indicates that its dividend yield might not be sustainable for the long-term.

2. Armour Residential Reit (NYSE:ARR)


Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 28.98%, which is 22 percentage points higher than the real estate sector average of 7.05%. Armour Residential Reit's dividend payout is not stable, having dropped more than 10% seven 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 -393.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Orchid Island Capital (NYSE:ORC)


Orchid Island Capital (NYSE:ORC) has an annual dividend yield of 24.97%, which is 18 percentage points higher than the real estate sector average of 7.05%. Orchid Island Capital's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Orchid Island Capital's dividend has not shown consistent growth over the last 10 years.

Orchid Island Capital's dividend payout ratio of 2,742.9% indicates that its high dividend yield might not be sustainable for the long-term.

Why are real estate stocks up?

Real estate stocks were up 0.35% in the last day, and up 1.36% over the last week.

We couldn't find a catalyst for why real estate stocks are up.

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. Landsea Homes (NASDAQ:LSEA)


Landsea Homes (NASDAQ:LSEA) is the most undervalued real estate stock based on WallStreetZen's Valuation Score. Landsea Homes has a valuation score of 86, which is 59 points higher than the real estate sector average of 27. It passed 6 out of 7 valuation due diligence checks.

Landsea Homes's stock has gained 87.8% in the past year. It has overperformed other stocks in the real estate sector by 97 percentage points.

2. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Comstock Holding Companies has a valuation score of 86, which is 59 points higher than the real estate sector average of 27. It passed 6 out of 7 valuation due diligence checks.

Comstock Holding Companies's stock has gained 1.14% in the past year. It has overperformed other stocks in the real estate sector by 11 percentage points.

3. Presidio Property Trust (NASDAQ:SQFT)


Presidio Property Trust (NASDAQ:SQFT) is the third most undervalued real estate stock based on WallStreetZen's Valuation Score. Presidio Property Trust has a valuation score of 71, which is 44 points higher than the real estate sector average of 27. It passed 5 out of 7 valuation due diligence checks.

Presidio Property Trust's stock has dropped -13.89% in the past year. It has underperformed other stocks in the real estate sector by -4 percentage points.

Are real estate stocks a good buy now?

45.16% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 10.74% 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 109.17x.
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.