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Best Real Estate Stocks to Buy Now (2024)
Top real estate stocks in 2024 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
HST
HOST HOTELS & RESORTS INC
NASDAQ
REIT - Hotel & Motel
$13.60B$19.330.21%$1.66B18.59x0.82
CHCI
COMSTOCK HOLDING COMPANIES INC
NASDAQ
Real Estate - Diversified
$62.12M$6.483.18%$8.27M8.00x0.34
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
NYSE
REIT - Industrial
$2.78B$98.690.06%$250.25M16.96x0.22
LFT
LUMENT FINANCE TRUST INC
NYSE
REIT - Mortgage
$120.17M$2.30-0.43%$19.72M7.93x5.01
CBRE
CBRE GROUP INC
NYSE
Real Estate Services
$26.53B$86.77-0.39%$2.01B27.12x1.63
CSGP
COSTAR GROUP INC
NASDAQ
Real Estate Services
$37.55B$91.958.66%$373.10M127.71x0.23
EGP
EASTGROUP PROPERTIES INC
NYSE
REIT - Industrial
$7.61B$157.99-4.68%$434.71M34.12x0.72
HASI
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC
NYSE
REIT - Specialty
$2.92B$25.941.25%$354.59M17.89x2.11
LODE
COMSTOCK INC
NYSEMKT
Real Estate Services
$37.06M$0.3210.34%$13.24M3.56x0.36
RC
READY CAPITAL CORP
NYSE
REIT - Mortgage
$1.52B$8.82-0.56%$337.68M3.92x3.86
RMR
RMR GROUP INC
NASDAQ
Real Estate Services
$728.67M$22.980.66%$80.99M6.62x0.83
INVH
INVITATION HOMES INC
NYSE
REIT - Residential
$21.00B$34.310.53%$1.53B40.36x0.89
SELF
GLOBAL SELF STORAGE INC
NASDAQ
REIT - Industrial
$46.81M$4.20-1.55%$5.42M16.15x0.39
FPH
FIVE POINT HOLDINGS LLC
NYSE
Real Estate - Development
$438.35M$2.95-1.67%$79.57M3.28x1.26
NSA
NATIONAL STORAGE AFFILIATES TRUST
NYSE
REIT - Industrial
$2.86B$35.780.65%$546.40M22.65x2.68
SHO
SUNSTONE HOTEL INVESTORS INC
NYSE
REIT - Hotel & Motel
$2.14B$10.530.10%$389.49M11.32x0.45
AAT
AMERICAN ASSETS TRUST INC
NYSE
REIT - Diversified
$1.30B$21.29-1.53%$234.58M25.35x1.53
CTRE
CARETRUST REIT INC
NYSE
REIT - Healthcare Facilities
$3.11B$23.81-0.38%$145.88M47.62x0.47
NMRK
NEWMARK GROUP INC
NASDAQ
Real Estate Services
$1.68B$9.75-0.31%$271.64M39.00x2.30
AMH
AMERICAN HOMES 4 RENT
NYSE
REIT - Residential
$13.02B$35.57-0.08%$976.92M35.22x0.72
CHCT
COMMUNITY HEALTHCARE TRUST INC
NYSE
REIT - Healthcare Facilities
$715.56M$25.85-0.42%$66.25M129.25x0.84
BFS
SAUL CENTERS INC
NYSE
REIT - Retail
$870.54M$36.30-0.27%$150.27M20.98x4.28
RHP
RYMAN HOSPITALITY PROPERTIES INC
NYSE
REIT - Hotel & Motel
$6.44B$107.89-0.32%$640.11M20.02x19.06
CUBE
CUBESMART
NYSE
REIT - Industrial
$9.48B$42.120.77%$709.20M23.14x1.20
KRC
KILROY REALTY CORP
NYSE
REIT - Office
$3.96B$33.71-0.06%$682.76M18.73x1.06
ALEX
ALEXANDER & BALDWIN INC
NYSE
REIT - Retail
$1.16B$16.00-1.84%$92.30M39.02x0.64
SBAC
SBA COMMUNICATIONS CORP
NASDAQ
REIT - Specialty
$21.51B$199.000.35%$1.71B42.89x-2.97
O
REALTY INCOME CORP
NYSE
REIT - Retail
$46.22B$53.670.52%$3.55B42.60x0.75
CCI
CROWN CASTLE INC
NYSE
REIT - Specialty
$41.44B$95.44-0.03%$4.13B27.58x5.04
VICI
VICI PROPERTIES INC
NYSE
REIT - Diversified
$29.64B$28.43-0.52%$3.33B11.46x0.73
STAG
STAG INDUSTRIAL INC
NYSE
REIT - Industrial
$6.32B$34.75-1.86%$565.87M32.48x0.84
GLPI
GAMING & LEISURE PROPERTIES INC
NASDAQ
REIT - Specialty
$11.80B$43.45-0.21%$1.34B15.63x1.76
SPG
SIMON PROPERTY GROUP INC
NYSE
REIT - Retail
$46.54B$142.81-0.67%$4.55B20.46x10.12
RFL
RAFAEL HOLDINGS INC
NYSE
Real Estate Services
$42.04M$1.710.00%$2.02M15.55x0.04
ADC
AGREE REALTY CORP
NYSE
REIT - Retail
$5.87B$58.371.41%$448.15M34.34x0.52
NNN
NNN REIT INC
NYSE
REIT - Retail
$7.51B$41.140.44%$794.86M19.05x1.08
EXR
EXTRA SPACE STORAGE INC
NYSE
REIT - Industrial
$28.49B$134.641.02%$1.75B28.41x0.84
SKT
TANGER INC
NYSE
REIT - Retail
$3.12B$28.650.53%$255.97M30.48x3.06
NHI
NATIONAL HEALTH INVESTORS INC
NYSE
REIT - Healthcare Facilities
$2.73B$62.850.18%$263.79M20.08x0.97
GTY
GETTY REALTY CORP
NYSE
REIT - Retail
$1.48B$27.38-0.18%$136.97M23.60x0.91
DLR
DIGITAL REALTY TRUST INC
NYSE
REIT - Specialty
$43.91B$140.611.50%$3.16B46.25x1.21
APLE
APPLE HOSPITALITY REIT INC
NYSE
REIT - Hotel & Motel
$3.69B$15.27-1.29%$430.72M19.83x0.49
NXRT
NEXPOINT RESIDENTIAL TRUST INC
NYSE
REIT - Residential
$858.30M$33.300.85%$206.56M19.25x3.25
ELS
EQUITY LIFESTYLE PROPERTIES INC
NYSE
REIT - Residential
$11.44B$61.32-0.73%$645.16M36.28x2.88
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
NYSE
REIT - Diversified
$4.62B$26.330.19%$358.41M21.41x0.55
ALX
ALEXANDERS INC
NYSE
REIT - Retail
$1.10B$214.850.31%$195.32M10.76x4.91
CPT
CAMDEN PROPERTY TRUST
NYSE
REIT - Residential
$10.57B$98.860.26%$1.12B26.65x0.87
UDR
UDR INC
NYSE
REIT - Residential
$12.47B$37.891.66%$1.32B28.28x1.61
EQIX
EQUINIX INC
NASDAQ
REIT - Specialty
$71.61B$756.84-0.66%$3.37B73.12x1.61
EQR
EQUITY RESIDENTIAL
NYSE
REIT - Residential
$24.52B$64.612.41%$2.01B29.37x0.76
TRNO
TERRENO REALTY CORP
NYSE
REIT - Industrial
$4.87B$55.31-2.12%$235.55M30.56x0.34
MAA
MID AMERICA APARTMENT COMMUNITIES INC
NYSE
REIT - Residential
$14.99B$128.400.71%$1.27B27.26x0.85
LAMR
LAMAR ADVERTISING CO
NASDAQ
REIT - Specialty
$11.64B$114.06-0.51%$973.48M23.47x4.40
HIW
HIGHWOODS PROPERTIES INC
NYSE
REIT - Office
$2.75B$25.901.97%$573.56M21.23x1.51
FCPT
FOUR CORNERS PROPERTY TRUST INC
NYSE
REIT - Retail
$2.17B$23.61-0.17%$190.81M21.86x0.95
ABR
ARBOR REALTY TRUST INC
NYSE
REIT - Mortgage
$2.45B$13.02-1.36%$471.62M7.27x4.00
GMRE
GLOBAL MEDICAL REIT INC
NYSE
REIT - Healthcare Facilities
$535.09M$8.16-0.37%$92.77M35.48x1.13
PLD
PROLOGIS INC
NYSE
REIT - Industrial
$95.43B$103.18-1.57%$6.40B31.27x0.66
LTC
LTC PROPERTIES INC
NYSE
REIT - Healthcare Facilities
$1.39B$32.230.34%$174.17M14.92x1.07
IRS
IRSA INVESTMENTS & REPRESENTATIONS INC
NYSE
Real Estate Services
$764.90M$9.43-4.65%$27.47M4.09x0.89
REXR
REXFORD INDUSTRIAL REALTY INC
NYSE
REIT - Industrial
$9.27B$42.54-2.72%$552.61M39.03x0.49
REG
REGENCY CENTERS CORP
NASDAQ
REIT - Retail
$11.00B$59.61-0.78%$871.09M29.22x0.74
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
NYSE
Real Estate - Development
$3.15B$35.63-2.28%$429.51M8.52x0.53
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
NYSE
REIT - Office
$20.92B$119.650.13%$1.41B111.82x0.81
KRG
KITE REALTY GROUP TRUST
NYSE
REIT - Retail
$4.77B$21.720.14%$583.35M98.73x0.93
CUZ
COUSINS PROPERTIES INC
NYSE
REIT - Office
$3.51B$23.121.85%$503.32M42.04x0.68
REFI
CHICAGO ATLANTIC REAL ESTATE FINANCE INC
NASDAQ
REIT - Mortgage
$285.88M$15.710.19%$38.71M7.34x0.32
LOAN
MANHATTAN BRIDGE CAPITAL INC
NASDAQ
REIT - Mortgage
$58.45M$5.111.09%$8.27M10.22x0.74
FOR
FORESTAR GROUP INC
NYSE
Real Estate - Development
$1.58B$31.15-1.02%$270.80M7.69x0.77
OPEN
OPENDOOR TECHNOLOGIES INC
NASDAQ
Real Estate Services
$1.46B$2.15-3.59%$9.00M-5.12x2.69
FPI
FARMLAND PARTNERS INC
NYSE
REIT - Specialty
$523.51M$10.900.46%$60.90M19.82x0.76
FR
FIRST INDUSTRIAL REALTY TRUST INC
NYSE
REIT - Industrial
$6.09B$46.03-0.95%$501.86M21.11x0.97
SITC
SITE CENTERS CORP
NYSE
REIT - Retail
$2.88B$13.76-0.15%$560.17M11.37x0.87
DRH
DIAMONDROCK HOSPITALITY CO
NYSE
REIT - Hotel & Motel
$1.93B$9.220.77%$269.38M25.61x0.97
MITT
AG MORTGAGE INVESTMENT TRUST INC
NYSE
REIT - Mortgage
$165.52M$5.62-1.06%$53.78M3.35x10.60
DEA
EASTERLY GOVERNMENT PROPERTIES INC
NYSE
REIT - Office
$1.21B$11.870.00%$159.27M62.47x1.11
WY
WEYERHAEUSER CO
NYSE
REIT - Specialty
$23.01B$31.54-0.54%$1.72B27.43x0.66
BRX
BRIXMOR PROPERTY GROUP INC
NYSE
REIT - Retail
$6.56B$21.76-0.32%$858.10M21.54x1.92
CSR
CENTERSPACE
NYSE
REIT - Residential
$967.57M$64.900.11%$180.93M27.85x1.38
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
NASDAQ
REIT - Retail
$1.58B$12.40-1.04%$217.95M41.33x1.26
AVB
AVALONBAY COMMUNITIES INC
NYSE
REIT - Residential
$27.18B$191.341.42%$1.96B29.17x0.76
AFCG
AFC GAMMA INC
NASDAQ
REIT - Specialty
$243.46M$11.78-0.08%$22.61M11.55x0.46
UE
URBAN EDGE PROPERTIES
NYSE
REIT - Retail
$1.97B$16.72-0.59%$460.60M7.92x1.79
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
NYSE
REIT - Mortgage
$1.19B$13.72-1.37%$244.40M7.62x5.70
NREF
NEXPOINT REAL ESTATE FINANCE INC
NYSE
REIT - Mortgage
$231.35M$13.150.15%$16.44M21.92x18.92
UMH
UMH PROPERTIES INC
NYSE
REIT - Residential
$1.09B$15.690.64%$96.05M-104.60x1.02
LPA
LOGISTIC PROPERTIES OF THE AMERICAS
NYSEMKT
Real Estate Services
$243.49M$7.01-3.58%$30.66M37.69x1.38
LSEA
LANDSEA HOMES CORP
NASDAQ
Real Estate - Development
$409.68M$11.34-0.53%$46.24M15.12x1.20
AEI
ALSET INC
NASDAQ
Real Estate - Development
$5.45M$0.59-1.50%-$56.54M-0.09x0.10
PCH
POTLATCHDELTIC CORP
NASDAQ
REIT - Specialty
$3.29B$41.41-0.10%$207.26M53.09x0.58
OHI
OMEGA HEALTHCARE INVESTORS INC
NYSE
REIT - Healthcare Facilities
$7.53B$30.68-0.03%$803.65M30.38x1.50
AMT
AMERICAN TOWER CORP
NYSE
REIT - Specialty
$80.84B$173.35-0.48%$6.12B54.51x13.14
REAX
REAL BROKERAGE INC
NASDAQ
Real Estate Services
$705.05M$3.842.95%-$25.75M-25.60x0.75
PK
PARK HOTELS & RESORTS INC
NYSE
REIT - Hotel & Motel
$3.54B$16.790.36%$674.00M38.16x1.48
SBRA
SABRA HEALTH CARE REIT INC
NASDAQ
REIT - Healthcare Facilities
$3.17B$13.70-0.58%$311.81M228.33x0.92
LXP
LXP INDUSTRIAL TRUST
NYSE
REIT - Industrial
$2.51B$8.54-2.62%$268.15M106.75x0.86
EPR
EPR PROPERTIES
NYSE
REIT - Specialty
$3.12B$41.160.10%$467.66M20.79x1.32
JLL
JONES LANG LASALLE INC
NYSE
Real Estate Services
$8.63B$181.86-0.26%$624.90M38.45x1.53
ESS
ESSEX PROPERTY TRUST INC
NYSE
REIT - Residential
$15.91B$247.742.31%$1.17B39.20x1.24
IRM
IRON MOUNTAIN INC
NYSE
REIT - Specialty
$22.85B$78.192.08%$1.60B124.11x81.56

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
12-1.03%-3.51%-9.71%-9.84%8.08x1.16x+21.19%+13.49%+4.90%+12.81%Buy
5+0.33%+4.98%-2.54%-0.41%16.98x1.73x-2.27%-0.11%+0.14%+30.74%Strong Buy
44+0.57%+2.25%-5.51%+2.32%53.19x2.37x-3.91%+1.82%+3.29%+23.57%Buy
19-0.03%+4.83%-1.82%-10.72%12.54x1.13x+6.97%+3.97%N/A+14.14%Buy
17+0.22%+3.43%+0.46%+0.73%12.42x1.57x+1.55%+0.73%N/A+9.67%Buy
16-0.21%+2.75%-4.29%+10.11%18.90x1.44x+71.72%+3.99%+0.00%+14.95%Buy
17-1.06%-0.59%-8.64%-7.66%28.20x2.04x+8.86%+4.76%+0.03%+17.17%Buy
38-0.99%+3.47%-4.68%-2.84%64.07x0.71x-0.34%+0.08%N/A+30.40%Buy
23+0.07%+4.75%-2.49%+11.17%56.63x0.90x+0.06%+0.10%N/A+11.70%Hold
21+0.94%+4.38%+2.74%+0.06%17.01x2.29x+7.47%+3.41%N/A+4.92%Buy
28-0.14%+4.04%+0.18%+5.82%34.86x1.98x+23.83%+3.51%N/A+9.65%Buy
19-0.12%+2.62%-5.34%-0.93%51.87x5.68x+17.31%+3.10%+5.06%+16.46%Buy

Real Estate Stocks FAQ

What are the best real estate stocks to buy right now in Apr 2024?

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

1. Host Hotels & Resorts (NASDAQ:HST)


Host Hotels & Resorts (NASDAQ:HST) is the top real estate stock with a Zen Score of 58, which is 33 points higher than the real estate sector average of 25. It passed 21 out of 38 due diligence checks and has strong fundamentals. Host Hotels & Resorts has seen its stock return 18.15% over the past year, overperforming other real estate stocks by 18 percentage points.

Host Hotels & Resorts has an average 1 year price target of $22.89, an upside of 18.41% from Host Hotels & Resorts's current stock price of $19.33.

Host Hotels & Resorts stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Host Hotels & Resorts, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Comstock Holding Companies (NASDAQ:CHCI)


Comstock Holding Companies (NASDAQ:CHCI) is the second best real estate stock with a Zen Score of 54, which is 29 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 46.94% over the past year, overperforming other real estate stocks by 47 percentage points.

3. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) is the third best real estate stock with a Zen Score of 51, which is 26 points higher than the real estate sector average of 25. It passed 18 out of 38 due diligence checks and has strong fundamentals. Innovative Industrial Properties has seen its stock return 43.76% over the past year, overperforming other real estate stocks by 44 percentage points.

Innovative Industrial Properties has an average 1 year price target of $101.50, an upside of 2.85% from Innovative Industrial Properties's current stock price of $98.69.

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.

What are the real estate stocks with highest dividends?

Out of 170 real estate stocks that have issued dividends in the past year, the 3 real estate stocks with the highest dividend yields are:

1. Office Properties Income Trust (NASDAQ:OPI)


Office Properties Income Trust (NASDAQ:OPI) has an annual dividend yield of 25.37%, which is 19 percentage points higher than the real estate sector average of 6.82%. Office Properties Income Trust's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Office Properties Income Trust's dividend has not shown consistent growth over the last 10 years.

Office Properties Income Trust's dividend payout ratio of -52.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Irsa Investments & Representations (NYSE:IRS)


Irsa Investments & Representations (NYSE:IRS) has an annual dividend yield of 22.5%, which is 16 percentage points higher than the real estate sector average of 6.82%. Irsa Investments & Representations's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Irsa Investments & Representations's dividend has shown consistent growth over the last 10 years.

Irsa Investments & Representations's dividend payout ratio of 63.3% indicates that its high dividend yield is sustainable for the long-term.

3. Armour Residential Reit (NYSE:ARR)


Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 22.21%, which is 15 percentage points higher than the real estate sector average of 6.82%. 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 -232.3% 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 -0.03% in the last day, and up 2.73% over the last week.

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

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. Newmark Group (NASDAQ:NMRK)


Newmark Group (NASDAQ:NMRK) is the most undervalued real estate stock based on WallStreetZen's Valuation Score. Newmark Group 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.

Newmark Group's stock has gained 56.25% in the past year. It has overperformed other stocks in the real estate sector by 56 percentage points.

2. Host Hotels & Resorts (NASDAQ:HST)


Host Hotels & Resorts (NASDAQ:HST) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Host Hotels & Resorts 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.

Host Hotels & Resorts's stock has gained 18.15% in the past year. It has overperformed other stocks in the real estate sector by 18 percentage points.

3. Getty Realty (NYSE:GTY)


Getty Realty (NYSE:GTY) is the third most undervalued real estate stock based on WallStreetZen's Valuation Score. Getty Realty 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.

Getty Realty's stock has dropped -17.73% in the past year. It has underperformed other stocks in the real estate sector by -18 percentage points.

Are real estate stocks a good buy now?

41.94% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 14.63% 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 35.93x.
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.