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
CORR
CORENERGY INFRASTRUCTURE TRUST INC
NYSE
REIT - Diversified
$19.43M$1.28-2.29%$18.88M-0.82x2.06
VNO
VORNADO REALTY TRUST
NYSE
REIT - Office
$2.61B$13.584.78%$481.23M-6.38x1.71
CMTG
CLAROS MORTGAGE TRUST INC
NYSE
REIT - Mortgage
$1.61B$11.524.16%$134.28M14.58x2.36
CXW
CORECIVIC INC
NYSE
REIT - Specialty
$1.03B$9.010.22%$378.18M8.75x1.27
MFA
MFA FINANCIAL INC
NYSE
REIT - Mortgage
$930.46M$9.134.10%-$231.58M-3.55x3.58
ESRT
EMPIRE STATE REALTY TRUST INC
NYSE
REIT - Diversified
$968.64M$5.992.92%$360.29M27.23x2.60
INN
SUMMIT HOTEL PROPERTIES INC
NYSE
REIT - Hotel & Motel
$692.72M$6.481.89%$220.82M-40.50x1.63
CSR
CENTERSPACE
NYSE
REIT - Residential
$791.29M$52.661.56%$124.85M-39.01x1.46
PGRE
PARAMOUNT GROUP INC
NYSE
REIT - Office
$911.33M$4.203.70%$343.24M-26.25x1.13
AKR
ACADIA REALTY TRUST
NYSE
REIT - Retail
$1.28B$13.273.43%$184.16M-34.92x1.21
AOMR
ANGEL OAK MORTGAGE REIT INC
NYSE
REIT - Mortgage
$174.23M$6.99-1.41%-$191.29M-0.91x11.46
FSP
FRANKLIN STREET PROPERTIES CORP
NYSEMKT
REIT - Office
$167.24M$1.623.18%$89.80M162.00x0.62
GPMT
GRANITE POINT MORTGAGE TRUST INC
NYSE
REIT - Mortgage
$257.91M$4.911.24%-$40.81M-4.72x2.51
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
NYSE
REIT - Mortgage
$1.03B$11.574.05%$63.09M-9.18x6.09
BHR
BRAEMAR HOTELS & RESORTS INC
NYSE
REIT - Hotel & Motel
$256.87M$3.891.30%$152.57M-25.93x3.83
MAC
MACERICH CO
NYSE
REIT - Retail
$2.04B$9.494.29%$453.97M-30.61x1.80
ARR
ARMOUR RESIDENTIAL REIT INC
NYSE
REIT - Mortgage
$967.73M$5.024.80%-$217.95M-2.45x7.48
HTIA
HEALTHCARE TRUST INC
NASDAQ
REIT - Healthcare Facilities
$2.14B$20.07-0.88%$54.52M-22.81x1.19
SLG
SL GREEN REALTY CORP
NYSE
REIT - Office
$1.32B$20.502.71%$256.93M-13.76x1.58
ELME
ELME COMMUNITIES
NYSE
REIT - Office
$1.48B$16.892.99%$85.79M-46.92x0.48
UNIT
UNITI GROUP INC
NASDAQ
REIT - Specialty
$799.54M$3.371.51%$643.98M-84.25x-3.13
NEN
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
NYSEMKT
Real Estate - Diversified
$255.01M$72.000.00%$35.14M69.70x-7.55
ORC
ORCHID ISLAND CAPITAL INC
NYSE
REIT - Mortgage
$406.84M$10.413.27%-$258.45M-1.51x7.81
PEB
PEBBLEBROOK HOTEL TRUST
NYSE
REIT - Hotel & Motel
$1.63B$12.911.10%$252.68M-13.59x1.02
VRE
VERIS RESIDENTIAL INC
NYSE
REIT - Residential
$1.27B$13.963.41%$137.37M-22.16x1.62
AAIC
ARLINGTON ASSET INVESTMENT CORP
NYSE
REIT - Mortgage
$76.31M$2.690.75%$31.72M44.83x4.01
LODE
COMSTOCK INC
NYSEMKT
Real Estate Services
$33.55M$0.33-2.08%-$41.51M-0.53x0.82
SQFT
PRESIDIO PROPERTY TRUST INC
NASDAQ
REIT - Diversified
$13.09M$1.070.19%$6.38M-1.70x2.34
COLD
AMERICOLD REALTY TRUST
NYSE
REIT - Industrial
$7.45B$27.612.11%$409.30M-394.43x1.14
OZ
BELPOINTE PREP LLC
NYSEMKT
Real Estate - Development
$328.18M$92.33-0.99%-$6.71M-15.29x0.04
BHM
BLUEROCK HOMES TRUST INC
NYSEMKT
REIT - Mortgage
$67.30M$17.51-0.85%$23.47M-67.35x1.04
WMC
WESTERN ASSET MORTGAGE CAPITAL CORP
NYSE
REIT - Mortgage
$52.17M$8.64-1.37%-$88.91M-0.58x24.88
EARN
ELLINGTON RESIDENTIAL MORTGAGE REIT
NYSE
REIT - Mortgage
$97.85M$7.102.01%-$30.20M-3.10x8.37
TPHS
TRINITY PLACE HOLDINGS INC
NYSEMKT
Real Estate - Diversified
$20.67M$0.560.00%$4.78M-1.00x6.67
RWT
REDWOOD TRUST INC
NYSE
REIT - Mortgage
$728.10M$6.415.08%-$167.52M-4.48x11.02
TRTX
TPG RE FINANCE TRUST INC
NYSE
REIT - Mortgage
$547.29M$7.074.28%-$59.54M-7.44x3.20
MITT
AG MORTGAGE INVESTMENT TRUST INC
NYSE
REIT - Mortgage
$117.07M$5.525.14%-$53.10M-1.77x8.44
MAYS
MAYS J W INC
NASDAQ
Real Estate Services
$90.73M$45.01-5.04%$2.29M-4,501.00x0.72
FBRT
FRANKLIN BSP REALTY TRUST INC
NYSE
REIT - Mortgage
$939.10M$11.331.25%$19.36M-29.82x2.90
ACR
ACRES COMMERCIAL REALTY CORP
NYSE
REIT - Mortgage
$86.33M$9.940.91%$18.45M-9.94x4.44
XIN
XINYUAN REAL ESTATE CO LTD
NYSE
Real Estate - Development
$21.61M$4.010.25%N/AN/A180.51
HOUS
ANYWHERE REAL ESTATE INC
NYSE
Real Estate Services
$534.27M$4.882.52%-$28.00M-1.94x2.62
GIPR
GENERATION INCOME PROPERTIES INC
NASDAQ
REIT - Diversified
$11.93M$4.78-2.45%-$337.94k-2.99x3.85
LEJU
LEJU HOLDINGS LTD
NYSE
Real Estate Services
$15.36M$1.121.82%N/A-0.02x2.29
SRG
SERITAGE GROWTH PROPERTIES
NYSE
REIT - Retail
$433.34M$7.73-0.64%$54.37M-4.86x1.55
WHLR
WHEELER REAL ESTATE INVESTMENT TRUST INC
NASDAQ
REIT - Retail
$14.19M$1.451.33%$37.19M-0.66x-35.09
ONL
ORION OFFICE REIT INC
NYSE
REIT - Office
$333.60M$5.893.88%$64.26M-3.42x0.61
RTL
NECESSITY RETAIL REIT INC
NASDAQ
REIT - Diversified
$804.00M$5.994.17%$145.39M-7.40x1.92
VTR
VENTAS INC
NYSE
REIT - Healthcare Facilities
$16.95B$42.371.63%$1.60B-353.08x1.35
ESBA
EMPIRE STATE REALTY OP LP
NYSEARCA
REIT - Diversified
$169.03M$5.83-5.51%$383.10M26.50x1.49
IVT
INVENTRUST PROPERTIES CORP
NYSE
REIT - Retail
$1.51B$22.403.51%$173.96M29.09x0.54
AHT
ASHFORD HOSPITALITY TRUST INC
NYSE
REIT - Hotel & Motel
$94.86M$2.750.00%$295.40M-0.62x-26.89
MDV
MODIV INC
NYSE
REIT - Diversified
$81.87M$10.85-1.36%$19.94M-11.67x1.35
DBRG
DIGITALBRIDGE GROUP INC
NYSE
REIT - Diversified
$1.73B$10.834.84%$469.42M-4.38x3.89
FPH
FIVE POINT HOLDINGS LLC
NYSE
Real Estate - Development
$333.49M$2.255.63%$72.00k-10.23x1.61
GRP.U
GRANITE REAL ESTATE INVESTMENT TRUST
NYSE
REIT - Industrial
$3.71B$58.19-1.56%$105.98MN/A0.69
INDT
INDUS REALTY TRUST INC
NASDAQ
Real Estate - Development
$673.24M$66.040.12%$28.87M110.07x0.50
NYC
AMERICAN STRATEGIC INVESTMENT CO
NYSE
REIT - Office
$16.91M$7.343.03%$1.69M-0.28x1.56
GGE
GREEN GIANT INC
NASDAQ
Real Estate - Development
$139.48M$2.502.88%-$109.19M-0.83x1.53
UK
UCOMMUNE INTERNATIONAL LTD
NASDAQ
Real Estate Services
$87.39M$1.00-3.85%-$238.49M-0.02x9.05
OMH
OHMYHOME LTD
NASDAQ
Real Estate Services
N/A$4.292.61%N/AN/A11.23
CBL
CBL & ASSOCIATES PROPERTIES INC
NYSE
REIT - Retail
$778.12M$24.270.46%$383.25M-7.58x6.24
STRW
STRAWBERRY FIELDS REIT INC
NYSEMKT
REIT - Mortgage
N/A$6.892.00%N/AN/A72.54
LUXH
LUXURBAN HOTELS INC
NASDAQ
Real Estate Services
$63.67M$2.401.27%N/AN/A19.25
SFR
APPRECIATE HOLDINGS INC
NASDAQ
Real Estate Services
$21.13M$0.742.08%-$1.65M-12.25x-1.01

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
13-0.62%-1.42%-2.73%-22.84%7.42x0.69x+12.90%+6.02%+1.79%+20.93%Buy
7+0.67%-0.02%-5.87%-32.37%26.21x1.49x+8.64%+3.79%+0.10%+14.16%Strong Buy
37+0.03%-2.47%-9.35%-26.52%5.67x2.36x+4.42%+3.33%+4.87%+41.96%Buy
27+2.49%-0.50%-10.37%-28.44%20.65x1.27x+4.99%+2.91%N/A+38.17%Buy
17+2.57%-1.83%-10.52%-24.05%23.27x1.34x+2.75%+1.19%+0.12%+28.43%Buy
18+1.39%-3.64%-14.85%-22.36%23.15x1.15x-3.88%+3.00%+0.25%+40.74%Buy
18+2.25%-1.58%-3.25%-25.97%12.88x2.46x+16.11%+8.49%+0.02%+23.17%Buy
40+2.57%+2.00%-15.25%-37.11%3.36x0.65x+2.23%+0.31%+0.00%+32.31%Buy
26+3.02%-3.15%-20.91%-53.53%37.66x0.91x+3.32%+1.32%N/A+49.82%Hold
18+2.28%-1.79%-11.70%-34.26%40.43x2.12x+8.62%+3.90%N/A+31.73%Buy
27+2.43%+0.46%-10.57%-17.99%23.63x1.76x+19.23%+3.31%N/A+14.92%Buy
17+2.84%-0.64%-2.02%-16.29%49.21x7.33x+20.60%+3.99%+6.37%+25.35%Buy

Real Estate Stocks FAQ

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

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

1. Medical Properties Trust (NYSE:MPW)


Medical Properties Trust (NYSE:MPW) is the top real estate stock with a Zen Score of 54, which is 27 points higher than the real estate sector average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Medical Properties Trust has seen its stock lose -63.09% over the past year, underperforming other real estate stocks by -35 percentage points.

Medical Properties Trust has an average 1 year price target of $15.25, an upside of 102.52% from Medical Properties Trust's current stock price of $7.53.

Medical Properties Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Medical Properties Trust, 41.67% have issued a Strong Buy rating, 8.33% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Istar (NYSE:STAR)


Istar (NYSE:STAR) is the second best real estate stock with a Zen Score of 53, which is 26 points higher than the real estate sector average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Istar has seen its stock lose -69.49% over the past year, underperforming other real estate stocks by -41 percentage points.

Istar has an average 1 year price target of $21.00, an upside of 188.86% from Istar's current stock price of $7.27.

Istar stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Istar, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) is the third best real estate stock with a Zen Score of 52, which is 25 points higher than the real estate sector average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Innovative Industrial Properties has seen its stock lose -62.14% over the past year, underperforming other real estate stocks by -34 percentage points.

Innovative Industrial Properties has an average 1 year price target of $156.00, an upside of 105.89% from Innovative Industrial Properties's current stock price of $75.77.

Innovative Industrial Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Innovative Industrial Properties, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% 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 34.3%, which is 27 percentage points higher than the real estate sector average of 7.22%. 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 53.2% indicates that its high dividend yield is sustainable for the long-term.

2. Armour Residential Reit (NYSE:ARR)


Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 23.51%, which is 16 percentage points higher than the real estate sector average of 7.22%. Armour Residential Reit's dividend payout is not stable, having dropped more than 10% nine 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 -58.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Invesco Mortgage Capital (NYSE:IVR)


Invesco Mortgage Capital (NYSE:IVR) has an annual dividend yield of 21.16%, which is 14 percentage points higher than the real estate sector average of 7.22%. Invesco Mortgage Capital's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Invesco Mortgage Capital's dividend has not shown consistent growth over the last 10 years.

Invesco Mortgage Capital's dividend payout ratio of -25.4% 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 2.1% in the last day, and down -1.21% 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 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 -28.85% in the past year. It has underperformed other stocks in the real estate sector by -1 percentage points.

2. Afc Gamma (NASDAQ:AFCG)


Afc Gamma (NASDAQ:AFCG) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Afc Gamma 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.

Afc Gamma's stock has dropped -38.31% in the past year. It has underperformed other stocks in the real estate sector by -10 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 -55.21% in the past year. It has underperformed other stocks in the real estate sector by -27 percentage points.

Are real estate stocks a good buy now?

45.06% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 29.2% 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 28.19x.
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.