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Sectors & IndustriesReal Estate
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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
HST
HOST HOTELS & RESORTS INC
$14.50B10.80%6.00%N/A6.00%0.82N/A29.60%13.90%18.21%
CHCI
COMSTOCK HOLDING COMPANIES INC
$48.98M23.60%17.70%18.49%23.00%0.343.8326.10%17.40%18.01%
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
$2.94B8.40%6.90%N/A7.00%0.22N/A92.00%53.10%59.14%
LFT
LUMENT FINANCE TRUST INC
$131.67M6.20%1.20%N/A0.90%5.01N/A100.00%46.80%61.68%
CBRE
CBRE GROUP INC
$29.60B12.40%4.50%9.68%13.50%1.631.1719.60%3.10%4.34%
O
REALTY INCOME CORP
$46.30B2.80%1.60%N/A2.50%0.75N/A92.20%21.40%40.57%
HASI
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC
$3.15B7.70%2.60%N/A3.80%2.11N/A100.00%46.50%109.88%
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
$4.41B6.80%4.30%N/A4.10%0.60N/A98.70%53.00%67.84%
LODE
COMSTOCK INC
$41.12M15.00%8.90%11.80%17.40%0.361.56100.00%718.90%848.10%
RC
READY CAPITAL CORP
$1.54B13.60%2.60%N/A1.60%3.86N/A100.00%51.30%53.55%
RMR
RMR GROUP INC
$751.50M24.60%9.60%15.97%32.00%0.832.5815.40%5.90%8.19%
NSA
NATIONAL STORAGE AFFILIATES TRUST
$3.11B9.00%2.30%N/A3.30%2.68N/A73.30%16.00%37.81%
CSGP
COSTAR GROUP INC
$39.30B5.20%4.30%3.40%18.10%0.2212.0180.00%15.30%11.72%
SELF
GLOBAL SELF STORAGE INC
$48.82M6.10%4.40%N/A4.90%0.39N/A62.70%24.10%31.05%
INVH
INVITATION HOMES INC
$21.36B5.10%2.70%N/A3.30%0.89N/A59.90%21.40%35.07%
FPH
FIVE POINT HOLDINGS LLC
$458.22M8.60%1.90%N/A1.50%1.42N/A36.70%26.20%24.08%
CTRE
CARETRUST REIT INC
$3.16B5.10%3.00%N/A3.90%0.47N/A98.40%24.70%43.45%
AMH
AMERICAN HOMES 4 RENT
$13.27B5.30%2.90%N/A3.20%0.72N/A55.50%22.60%32.05%
SHO
SUNSTONE HOTEL INVESTORS INC
$2.27B9.10%6.20%N/A7.40%0.45N/A53.50%19.50%26.66%
NMRK
NEWMARK GROUP INC
$1.91B3.50%0.90%3.54%3.00%2.301.01100.00%1.70%4.27%
AAT
AMERICAN ASSETS TRUST INC
$1.32B4.20%1.70%N/A2.50%1.53N/A62.80%11.40%26.09%
EGP
EASTGROUP PROPERTIES INC
$8.54B8.70%4.70%N/A4.10%0.73N/A73.00%35.10%43.55%
KRC
KILROY REALTY CORP
$4.24B3.90%1.90%N/A2.10%1.06N/A70.40%18.80%28.90%
BFS
SAUL CENTERS INC
$914.18M10.80%2.10%N/A3.10%4.28N/A73.90%16.10%39.60%
CHCT
COMMUNITY HEALTHCARE TRUST INC
$719.99M1.50%0.80%N/A2.00%0.84N/A81.60%6.80%22.87%
CPT
CAMDEN PROPERTY TRUST
$10.39B8.20%4.30%N/A4.20%0.87N/A62.60%25.80%34.60%
RHP
RYMAN HOSPITALITY PROPERTIES INC
$6.93B403.40%6.50%N/A5.70%19.06N/A32.90%14.40%19.87%
ALEX
ALEXANDER & BALDWIN INC
$1.18B2.90%1.70%N/A2.60%0.64N/A49.00%14.20%26.57%
GTY
GETTY REALTY CORP
$1.45B6.70%3.50%N/A3.80%0.91N/A87.20%32.30%49.18%
SBAC
SBA COMMUNICATIONS CORP
$23.58B-9.70%4.80%11.22%4.60%-2.970.3677.40%18.50%36.48%
APLE
APPLE HOSPITALITY REIT INC
$3.99B5.50%3.70%N/A3.90%0.49N/A57.30%13.20%18.42%
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
$3.32B15.70%9.50%9.22%8.60%0.533.8491.50%147.60%156.60%
VICI
VICI PROPERTIES INC
$31.02B10.40%5.90%N/A5.60%0.73N/A97.20%69.60%92.07%
CCI
CROWN CASTLE INC
$45.85B22.00%3.90%6.62%4.70%5.040.4071.60%21.50%34.06%
STAG
STAG INDUSTRIAL INC
$6.92B5.70%3.10%N/A3.30%0.84N/A80.30%27.20%40.61%
GLPI
GAMING & LEISURE PROPERTIES INC
$12.43B18.80%6.50%N/A6.00%1.76N/A100.00%51.00%73.57%
SPG
SIMON PROPERTY GROUP INC
$50.30B77.00%6.80%N/A5.50%10.12N/A81.80%40.30%56.90%
RFL
RAFAEL HOLDINGS INC
$42.29M2.20%2.20%1.88%2.40%0.0423.01100.00%796.70%702.55%
NNN
NNN REIT INC
$7.77B9.50%4.60%N/A4.40%1.08N/A100.00%47.40%67.17%
ADC
AGREE REALTY CORP
$5.70B3.20%2.20%N/A2.90%0.50N/A87.90%30.20%47.25%
NHI
NATIONAL HEALTH INVESTORS INC
$2.68B10.70%5.40%N/A5.30%0.97N/A87.60%42.40%60.60%
DLR
DIGITAL REALTY TRUST INC
$44.89B5.00%2.10%N/A3.00%1.21N/A56.50%16.60%26.70%
SKT
TANGER INC
$3.22B19.60%4.50%N/A4.10%3.06N/A68.70%21.40%31.67%
UDR
UDR INC
$12.18B10.90%3.90%N/A3.70%1.61N/A68.90%27.00%38.55%
CUBE
CUBESMART
$10.21B14.70%6.60%N/A5.40%1.20N/A71.90%39.10%47.97%
REXR
REXFORD INDUSTRIAL REALTY INC
$10.73B3.10%2.20%N/A2.40%0.36N/A76.90%28.50%37.53%
EQIX
EQUINIX INC
$77.15B8.00%3.00%5.18%4.10%1.611.1348.40%11.80%18.64%
PINE
ALPINE INCOME PROPERTY TRUST INC
$206.72M1.10%0.50%N/A1.80%1.15N/A85.60%6.40%28.66%
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
$22.34B0.50%0.30%N/A0.40%0.77N/A70.20%3.20%6.16%
ALX
ALEXANDERS INC
$1.10B42.00%7.30%N/A8.10%4.91N/A55.00%45.50%71.44%
DEA
EASTERLY GOVERNMENT PROPERTIES INC
$1.17B1.50%0.70%N/A1.70%1.11N/A64.30%6.50%23.67%
ELS
EQUITY LIFESTYLE PROPERTIES INC
$12.00B21.90%5.60%N/A4.80%2.88N/A49.50%21.10%29.28%
NXRT
NEXPOINT RESIDENTIAL TRUST INC
$810.62M8.90%2.00%N/A3.00%3.25N/A65.90%15.90%40.13%
FPI
FARMLAND PARTNERS INC
$526.39M5.20%2.50%N/A3.60%0.76N/A76.70%48.40%92.93%
FCPT
FOUR CORNERS PROPERTY TRUST INC
$2.23B7.80%4.00%N/A4.30%0.95N/A83.90%38.00%55.89%
MAA
MID AMERICA APARTMENT COMMUNITIES INC
$15.27B8.90%4.80%N/A4.50%0.85N/A37.90%25.60%32.90%
LAMR
LAMAR ADVERTISING CO
$12.12B41.90%7.60%11.63%9.40%4.400.5267.00%23.50%32.22%
TRNO
TERRENO REALTY CORP
$5.75B5.50%4.10%N/A4.00%0.34N/A75.60%46.60%54.47%
CUZ
COUSINS PROPERTIES INC
$3.58B1.80%1.10%N/A1.90%0.68N/A66.80%10.30%23.47%
HIW
HIGHWOODS PROPERTIES INC
$2.74B6.10%2.40%N/A3.10%1.48N/A67.80%17.50%34.22%
EQR
EQUITY RESIDENTIAL
$23.75B7.50%4.10%N/A4.00%0.76N/A63.60%29.00%38.49%
GMRE
GLOBAL MEDICAL REIT INC
$563.94M2.40%1.10%N/A2.70%1.13N/A100.00%10.50%36.52%
LTC
LTC PROPERTIES INC
$1.40B10.60%4.80%N/A5.00%1.07N/A100.00%45.20%69.33%
ABR
ARBOR REALTY TRUST INC
$2.52B10.80%2.10%N/A1.50%4.00N/A99.20%45.80%55.31%
FR
FIRST INDUSTRIAL REALTY TRUST INC
$6.89B10.90%5.40%N/A5.00%0.99N/A73.00%44.80%58.28%
IRS
IRSA INVESTMENTS & REPRESENTATIONS INC
$761.66M23.00%11.10%1.50%1.80%0.890.9965.50%67.50%10.75%
EXR
EXTRA SPACE STORAGE INC
$31.05B9.10%4.00%N/A4.30%0.84N/A73.80%31.40%48.58%
REG
REGENCY CENTERS CORP
$11.11B5.50%3.10%N/A3.40%0.74N/A70.10%27.20%39.23%
UE
URBAN EDGE PROPERTIES
$2.01B25.00%8.30%N/A7.50%1.79N/A68.00%59.60%81.85%
PLD
PROLOGIS INC
$119.18B5.70%3.30%N/A3.30%0.66N/A74.90%38.10%48.75%
REFI
CHICAGO ATLANTIC REAL ESTATE FINANCE INC
$285.51M14.20%11.30%N/A10.10%0.32N/A84.60%67.70%67.74%
AVB
AVALONBAY COMMUNITIES INC
$26.09B8.00%4.50%N/A4.10%0.76N/A64.30%33.60%41.37%
LRE
LEAD REAL ESTATE CO LTD
$52.38M21.70%3.80%10.15%5.40%4.771.6615.80%3.10%5.03%
DRH
DIAMONDROCK HOSPITALITY CO
$2.02B4.70%2.40%N/A3.50%0.97N/A32.90%7.10%14.12%
MITT
AG MORTGAGE INVESTMENT TRUST INC
$177.01M7.50%0.70%N/A0.60%10.60N/A100.00%37.80%57.31%
SITC
SITE CENTERS CORP
$3.03B12.30%6.30%N/A6.20%0.87N/A69.70%46.60%63.65%
OPEN
OPENDOOR TECHNOLOGIES INC
$2.00B-26.80%-6.50%-1.80%-1.30%2.6949.217.00%-4.00%-0.91%
ESS
ESSEX PROPERTY TRUST INC
$15.50B7.30%3.30%N/A3.40%1.24N/A68.20%24.30%37.06%
CSR
CENTERSPACE
$839.06M4.70%1.80%N/A2.80%1.38N/A55.90%13.40%29.76%
AEI
ALSET INC
$6.47M-29.70%-24.60%-25.93%-29.80%0.0713.4935.00%-177.70%-177.78%
LOAN
MANHATTAN BRIDGE CAPITAL INC
$57.31M12.80%7.40%N/A7.90%0.78N/A100.00%55.90%81.69%
BXMT
BLACKSTONE MORTGAGE TRUST INC
$3.44B5.50%1.00%N/A0.60%4.50N/A100.00%36.80%37.56%
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$1.61B2.70%1.10%N/A2.50%1.25N/A72.40%10.50%32.87%
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
$1.26B8.10%1.10%N/A1.00%5.70N/A100.00%36.80%56.97%
WY
WEYERHAEUSER CO
$26.21B8.20%4.90%7.51%6.10%0.662.9421.10%10.90%15.86%
FOR
FORESTAR GROUP INC
$1.97B13.90%7.60%N/A9.10%0.80N/A21.60%12.10%16.05%
PCH
POTLATCHDELTIC CORP
$3.73B2.80%1.80%2.72%2.10%0.581.4412.20%6.10%8.41%
LSEA
LANDSEA HOMES CORP
$508.30M4.50%2.00%N/A2.30%1.20N/A17.80%2.40%3.40%
WELL
WELLTOWER INC
$52.79B1.50%0.80%N/A1.70%0.69N/A40.50%5.10%14.38%
KRG
KITE REALTY GROUP TRUST
$4.70B1.30%0.70%N/A1.50%0.93N/A74.40%5.80%18.64%
UMH
UMH PROPERTIES INC
$1.10B-1.30%-0.60%N/A2.00%1.02N/A53.60%-3.90%18.25%
SBRA
SABRA HEALTH CARE REIT INC
$3.37B0.50%0.30%N/A1.70%0.92N/A100.00%2.10%19.88%
LXP
LXP INDUSTRIAL TRUST
$2.62B1.00%0.60%N/A1.40%0.86N/A29.00%7.00%22.75%
NREF
NEXPOINT REAL ESTATE FINANCE INC
$254.40M2.90%0.10%N/A0.10%18.92N/A84.10%24.70%33.20%
AMT
AMERICAN TOWER CORP
$92.05B30.70%2.20%5.16%4.10%13.140.5170.70%13.30%27.24%
REAX
REAL BROKERAGE INC
$556.33M-106.60%-42.20%-71.97%128.80%0.751.869.10%-4.00%-3.90%
OHI
OMEGA HEALTHCARE INVESTORS INC
$7.62B6.70%2.60%N/A3.60%1.50N/A98.40%25.50%50.96%
EPR
EPR PROPERTIES
$3.19B6.00%2.60%N/A3.50%1.32N/A91.90%21.10%42.46%
PK
PARK HOTELS & RESORTS INC
$3.72B2.40%1.00%N/A2.90%1.48N/A41.30%3.60%14.34%
JLL
JONES LANG LASALLE INC
$9.20B3.70%1.40%4.02%4.70%1.531.0652.90%1.10%1.86%

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
13+1.63%+2.32%+4.27%-2.22%12.68x1.10x+11.89%+6.84%+4.48%-4.24%Buy
5+1.67%+2.48%-0.00%+5.71%16.58x1.84x-3.26%-0.56%+0.10%N/A
44+1.49%+0.57%+2.22%+7.39%47.92x2.51x-3.05%+2.14%+3.62%+10.53%Buy
19+1.61%+0.52%+5.05%-12.17%12.62x1.17x+6.96%+3.96%N/A+13.16%Buy
17+1.87%+0.49%+0.90%+4.57%11.94x1.57x+1.52%+0.72%N/A+9.46%Buy
16+1.70%-0.09%+0.62%+25.69%20.02x1.52x+72.94%+4.05%+0.00%+3.31%Hold
17+2.78%+1.61%+2.63%+4.35%33.32x2.37x+8.67%+4.67%+0.03%+4.04%Buy
38+0.92%-0.15%+2.94%+1.64%39.68x0.74x-0.05%+0.13%N/A+26.65%Buy
23+3.06%+0.43%+3.74%+18.72%99.46x0.93x-0.07%+0.05%N/A+4.89%Hold
21+1.52%-0.51%+3.72%+4.23%16.00x2.26x+7.34%+3.36%N/A+6.70%Buy
28+2.52%+0.41%+1.94%+9.09%35.65x2.04x+24.75%+3.59%N/A+6.89%Buy
19+2.04%+0.33%+0.33%+10.84%55.97x6.18x+17.38%+3.10%+5.11%+3.48%Buy

Real Estate Stocks FAQ

What are the best real estate stocks to buy right now in Mar 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 36.13% over the past year, overperforming other real estate stocks by 29 percentage points.

Host Hotels & Resorts has an average 1 year price target of $22.18, an upside of 7.63% from Host Hotels & Resorts's current stock price of $20.61.

Host Hotels & Resorts stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Host Hotels & Resorts, 54.55% have issued a Strong Buy rating, 27.27% have issued a Buy, 18.18% 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 1.59% over the past year, underperforming other real estate stocks by -5 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 37.76% over the past year, overperforming other real estate stocks by 31 percentage points.

Innovative Industrial Properties has an average 1 year price target of $101.50, a downside of -2.73% from Innovative Industrial Properties's current stock price of $104.35.

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 173 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 36.36%, which is 29 percentage points higher than the real estate sector average of 7.22%. 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. Cherry Hill Mortgage Investment (NYSE:CHMI)


Cherry Hill Mortgage Investment (NYSE:CHMI) has an annual dividend yield of 25.14%, which is 18 percentage points higher than the real estate sector average of 7.22%. Cherry Hill Mortgage Investment's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Cherry Hill Mortgage Investment's dividend has not shown consistent growth over the last 10 years.

Cherry Hill Mortgage Investment's dividend payout ratio of -42.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Irsa Investments & Representations (NYSE:IRS)


Irsa Investments & Representations (NYSE:IRS) has an annual dividend yield of 22.6%, which is 15 percentage points higher than the real estate sector average of 7.22%. 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.

Why are real estate stocks up?

Real estate stocks were up 2.02% in the last day, and up 0.5% over the last week. Medical Properties Trust was the among the top gainers in the real estate sector, gaining 18.59% yesterday.

Medical Properties Trust shares are trading higher after the company's Steward Health Care entered a deal to sell its nationwide physician network to UnitedHealth's Optum Care unit.

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 70.46% in the past year. It has overperformed other stocks in the real estate sector by 63 percentage points.

2. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Innovative Industrial Properties 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.

Innovative Industrial Properties's stock has gained 37.76% in the past year. It has overperformed other stocks in the real estate sector by 31 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 -23.01% in the past year. It has underperformed other stocks in the real estate sector by -30 percentage points.

Are real estate stocks a good buy now?

42.78% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 6.8% 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 38.7x.
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.