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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
SLG	SL GREEN REALTY CORP	$49.67	842,030	0.44%	50.60	51.04	50.64	47.92	41.70	46.22	50.43	51.28	49.43	50.12	-0.14	0.02	-0.17	1.36
JBGS	JBG SMITH PROPERTIES	$14.47	1,104,309	10.78%	15.00	15.14	16.00	16.35	15.50	36.97	50.18	55.10	63.35	73.02	-0.29	-0.32	0.03	1.01
OUT	OUTFRONT MEDIA INC	$16.29	1,848,099	5.35%	15.49	15.65	15.63	14.53	13.00	60.97	82.25	72.55	95.79	84.99	0.05	-0.02	0.07	1.72
MAC	MACERICH CO	$13.46	4,945,818	-32.99%	15.22	15.60	16.16	15.97	13.71	30.09	29.03	37.34	32.34	52.06	-0.47	-0.28	-0.19	1.40
SAFE	SAFEHOLD INC	$18.43	174,699	-11.98%	18.68	19.01	19.76	20.68	20.04	42.61	29.83	24.07	65.53	50.75	-0.42	-0.40	-0.02	1.34
CLDT	CHATHAM LODGING TRUST	$9.13	208,701	-33.96%	9.29	9.51	9.89	10.27	9.95	36.43	19.08	21.17	59.85	54.97	-0.22	-0.21	-0.01	1.41
AIRC	APARTMENT INCOME REIT CORP	$38.45	3,634,604	71.60%	38.42	37.70	33.90	33.71	32.90	77.67	51.21	43.73	8.04	4.57	1.37	1.53	-0.16	0.78
CSR	CENTERSPACE	$68.80	141,754	-3.55%	65.25	62.62	58.77	57.33	57.81	78.25	87.25	82.81	81.89	62.43	2.51	2.11	0.40	0.79
PDM	PIEDMONT OFFICE REALTY TRUST INC	$6.74	573,747	-50.00%	6.74	6.68	6.51	6.75	6.49	51.99	75.85	72.58	71.03	69.05	0.07	0.05	0.02	1.19
BHM	BLUEROCK HOMES TRUST INC	$16.98	460	-75.43%	16.90	16.70	16.00	15.09	14.68	56.97	68.47	75.92	19.17	38.16	0.26	0.29	-0.03	0.71
XIN	XINYUAN REAL ESTATE CO LTD	$2.63	9,368	394.35%	2.69	2.70	2.71	2.71	2.80	42.41	68.73	75.05	58.09	70.47	-0.01	-0.01	-0.00	0.77
OPI	OFFICE PROPERTIES INCOME TRUST	$2.00	760,366	64.17%	1.99	1.98	2.18	3.62	4.74	46.63	55.15	52.20	79.41	82.81	-0.06	-0.10	0.04	1.18
NLY	ANNALY CAPITAL MANAGEMENT INC	$18.97	3,288,195	-31.58%	18.61	18.63	19.10	19.20	18.93	52.84	80.63	76.21	89.38	93.02	-0.10	-0.19	0.10	0.95
NLOP	NET LEASE OFFICE PROPERTIES	$22.97	72,699	-22.92%	1.37	1.42	1.43	1.56	N/A	45.21	13.37	13.19	21.81	20.28	-0.03	-0.02	-0.01	1.62
RWT	REDWOOD TRUST INC	$6.18	3,803,577	207.79%	5.74	5.82	6.02	6.52	6.87	58.29	43.75	32.27	70.92	59.80	-0.09	-0.13	0.04	1.08
DHC	DIVERSIFIED HEALTHCARE TRUST	$2.36	761,325	16.75%	2.40	2.47	2.62	2.82	2.57	41.45	20.12	19.47	25.43	27.84	-0.06	-0.06	0.00	1.69
FSP	FRANKLIN STREET PROPERTIES CORP	$1.91	396,258	17.41%	1.94	2.00	2.16	2.32	2.12	39.53	19.16	28.88	55.16	63.23	-0.07	-0.07	0.00	1.24
FRPH	FRP HOLDINGS INC	$30.60	21,499	40.42%	30.34	30.17	30.15	30.20	29.12	54.44	77.76	76.23	83.46	83.01	0.13	0.06	0.07	0.85
ILPT	INDUSTRIAL LOGISTICS PROPERTIES TRUST	$4.05	1,524,718	272.99%	3.70	3.81	3.88	4.07	3.70	56.93	31.76	20.55	43.79	27.66	-0.06	-0.07	0.01	1.11
NTST	NETSTREIT CORP	$17.00	947,634	-18.71%	17.06	17.12	17.24	17.53	16.87	47.01	51.86	47.16	76.52	70.83	-0.10	-0.11	0.01	0.68
HHH	HOWARD HUGHES HOLDINGS INC	$65.57	413,385	14.57%	63.55	64.03	69.99	75.50	75.28	48.26	82.86	72.54	98.25	98.14	-1.52	-2.29	0.77	1.28
GRP.U	GRANITE REAL ESTATE INVESTMENT TRUST	$49.55	528	6.67%	50.55	52.60	54.20	55.23	54.26	32.51	9.83	11.59	40.27	34.39	-1.40	-1.19	-0.22	0.73
INN	SUMMIT HOTEL PROPERTIES INC	$6.07	697,587	5.86%	6.17	6.30	6.37	6.49	6.21	41.85	13.65	12.77	16.70	15.24	-0.09	-0.06	-0.03	1.34
HPP	HUDSON PACIFIC PROPERTIES INC	$5.69	4,481,293	72.53%	5.84	5.99	6.28	7.35	6.66	40.54	34.75	31.63	55.69	45.25	-0.18	-0.19	0.00	1.30
ALBT	AVALON GLOBOCARE CORP	$0.27	12,763	75.73%	0.28	0.30	0.34	0.39	0.64	38.56	14.14	15.82	29.17	28.30	-0.02	-0.02	-0.00	1.03
VTR	VENTAS INC	$43.81	2,778,124	1.51%	43.62	43.20	43.28	45.47	44.70	53.15	78.93	84.85	82.14	90.27	0.19	0.00	0.19	1.16
UNIT	UNITI GROUP INC	$5.81	1,896,404	-30.65%	5.60	5.61	5.89	5.68	5.36	54.28	66.67	63.56	93.70	91.41	-0.03	-0.08	0.05	1.33
COLD	AMERICOLD REALTY TRUST	$22.35	2,101,999	9.30%	22.50	23.18	24.53	26.76	28.39	34.24	9.94	5.92	25.72	12.69	-0.72	-0.70	-0.02	0.83
VRE	VERIS RESIDENTIAL INC	$14.52	519,711	52.32%	14.63	14.56	14.73	15.05	15.70	47.88	45.36	47.21	44.66	46.76	-0.05	-0.06	0.01	0.97
HOUS	ANYWHERE REAL ESTATE INC	$4.93	1,129,914	-48.27%	5.23	5.41	5.65	6.46	6.38	37.54	15.03	19.72	10.10	13.13	-0.22	-0.18	-0.04	1.69
GOOD	GLADSTONE COMMERCIAL CORP	$13.56	200,191	14.81%	13.28	13.27	13.14	13.13	12.93	58.15	74.47	63.92	89.99	73.26	0.04	0.02	0.02	1.06
PGRE	PARAMOUNT GROUP INC	$4.62	973,658	-20.53%	4.63	4.63	4.59	4.79	4.77	49.65	68.47	69.34	67.74	69.71	0.01	0.01	0.01	1.15
CMTG	CLAROS MORTGAGE TRUST INC	$8.72	411,500	68.66%	8.83	8.89	9.32	10.88	11.10	42.33	54.99	48.44	75.91	75.09	-0.21	-0.24	0.03	0.77
SOHO	SOTHERLY HOTELS INC	$1.38	119,191	1,471.20%	1.28	1.29	1.36	1.40	1.59	57.61	75.38	70.15	92.47	88.61	-0.01	-0.03	0.02	1.51
LRE	LEAD REAL ESTATE CO LTD	$3.09	487	-90.51%	0.63	0.67	0.77	0.98	N/A	31.03	15.62	20.04	18.20	37.16	-0.06	-0.05	-0.00	-0.31
SRG	SERITAGE GROWTH PROPERTIES	$9.32	265,889	-5.19%	9.36	9.41	9.38	9.37	8.77	47.07	46.75	40.84	46.48	40.83	-0.01	-0.01	-0.01	1.52
NXDT	NEXPOINT DIVERSIFIED REAL ESTATE TRUST	$5.91	105,909	1.64%	2.35	2.61	2.85	N/A	N/A	42.38	32.01	31.58	63.48	58.13	-0.29	-0.34	0.06	0.76
RMAX	RE/MAX HOLDINGS INC	$7.20	217,904	29.68%	7.17	7.44	7.91	9.58	11.76	43.85	18.27	15.92	58.32	44.55	-0.28	-0.30	0.02	1.19
STRS	STRATUS PROPERTIES INC	$22.91	5,136	23.25%	22.66	22.51	22.41	23.89	25.63	56.13	71.09	63.06	61.51	53.29	0.08	0.03	0.05	1.13
GIPR	GENERATION INCOME PROPERTIES INC	$3.74	12,642	-82.03%	3.74	3.75	3.62	3.77	3.86	50.69	77.52	79.68	54.38	60.82	0.01	0.02	-0.01	-0.02
PEB	PEBBLEBROOK HOTEL TRUST	$14.34	1,425,720	-13.78%	14.89	15.09	15.53	15.48	14.54	38.13	21.27	31.46	37.92	46.88	-0.22	-0.18	-0.04	1.36
MDV	MODIV INDUSTRIAL INC	$14.90	15,891	-6.05%	15.00	15.19	15.40	15.14	14.76	41.83	19.46	21.22	16.48	18.81	-0.19	-0.15	-0.03	0.27
IVT	INVENTRUST PROPERTIES CORP	$25.28	322,453	-5.11%	25.19	24.76	24.92	25.17	24.76	56.29	86.30	85.64	83.03	82.15	0.15	0.05	0.10	0.23
TPHS	TRINITY PLACE HOLDINGS INC	$0.14	22,134	-70.25%	0.14	0.14	0.15	0.16	0.27	48.02	27.40	25.00	33.62	19.28	-0.00	-0.00	0.00	1.10
OMH	OHMYHOME LTD	$0.54	153,230	84.56%	25.96	25.92	26.30	26.09	25.54	57.72	90.50	81.68	92.72	87.46	-0.02	-0.10	0.08	-0.10
SGD	SAFE & GREEN DEVELOPMENT CORP	$0.56	103,003	26.75%	0.42	0.41	0.41	0.43	N/A	50.71	27.61	30.66	35.37	44.28	0.01	0.00	0.00	-0.19
STHO	STAR HOLDINGS	$12.11	21,556	-14.76%	2.24	2.49	3.13	3.79	4.59	59.12	13.00	5.89	33.33	11.11	-0.29	-0.32	0.03	1.34
FLJ	FLJ GROUP LTD	$0.53	169,470	83.93%	0.55	0.58	0.65	0.85	4.71	36.53	17.94	22.79	27.57	36.88	-0.04	-0.04	0.00	0.33
MAYS	MAYS J W INC	$43.51	17	750.00%	44.28	44.98	44.35	43.81	45.02	32.93	0.00	0.00	0.00	0.00	-0.31	0.00	-0.31	0.01
DEI	DOUGLAS EMMETT INC	$13.44	1,771,412	-13.97%	13.45	13.36	13.39	13.79	13.29	50.48	84.27	75.62	81.36	73.59	0.04	-0.01	0.05	1.08
PW	POWER REIT	$0.50	74,394	56.65%	0.49	0.51	0.58	0.59	0.82	45.60	30.19	21.22	49.95	23.39	-0.04	-0.03	-0.00	1.07
PKST	PEAKSTONE REALTY TRUST	$13.81	83,827	-20.71%	1.18	1.14	1.11	1.36	2.42	51.36	50.43	58.00	54.53	64.62	0.02	0.02	0.00	1.69
NYC	AMERICAN STRATEGIC INVESTMENT CO	$5.72	2,539	257.10%	6.01	6.13	6.56	7.13	7.43	36.58	17.33	27.27	33.73	53.59	-0.18	-0.18	0.01	0.52
CBL	CBL & ASSOCIATES PROPERTIES INC	$21.29	137,908	55.66%	21.76	21.89	22.49	23.28	22.49	40.30	54.89	58.37	70.33	78.21	-0.23	-0.25	0.02	0.87
ONL	ORION OFFICE REIT INC	$3.22	578,637	18.41%	3.22	3.21	3.45	4.41	4.95	45.59	55.24	58.13	64.67	67.92	-0.08	-0.11	0.03	0.91
MDRR	MEDALIST DIVERSIFIED REIT INC	$5.46	4,196	583.39%	5.54	5.59	5.62	5.39	5.37	43.00	12.47	18.05	50.29	60.17	-0.04	-0.03	-0.01	0.32
AHT	ASHFORD HOSPITALITY TRUST INC	$1.22	356,835	19.98%	1.25	1.31	1.40	1.57	2.12	39.92	16.82	14.73	19.97	13.14	-0.05	-0.05	-0.01	1.79
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	$0.14	67,974	-69.98%	0.14	0.15	0.16	0.21	1.52	45.39	23.08	29.84	47.36	54.12	-0.01	-0.01	0.00	0.50
AIV	APARTMENT INVESTMENT & MANAGEMENT CO	$7.91	877,161	-82.97%	7.98	8.01	7.81	7.71	7.45	48.51	51.31	51.41	45.53	46.96	0.04	0.05	-0.02	1.01

Real Estate Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Real Estate - Development	12	-0.56%	+1.50%	-10.62%	-11.03%	7.14x	1.17x	+23.12%	+14.88%	+5.95%	+10.85%	Buy
Real Estate - Diversified	5	-0.39%	+0.54%	-2.28%	-29.74%	16.75x	1.76x	-2.42%	-0.16%	+0.10%	+28.11%	Strong Buy
Real Estate Services	44	-0.29%	-1.89%	-7.45%	-2.46%	61.77x	2.37x	-2.49%	+2.46%	+4.58%	+26.48%	Buy
REIT - Diversified	19	+0.21%	-0.96%	-2.90%	-10.68%	13.90x	1.13x	+6.75%	+3.90%	N/A	+15.09%	Buy
REIT - Healthcare Facilities	17	-0.10%	+1.49%	+0.80%	+1.57%	5.07x	1.56x	+1.55%	+0.77%	N/A	+7.61%	Buy
REIT - Hotel & Motel	16	-0.10%	-3.15%	-8.04%	+7.13%	18.47x	1.39x	+72.51%	+4.03%	+0.00%	+18.75%	Buy
REIT - Industrial	17	+0.99%	+0.21%	-9.40%	-6.98%	27.45x	2.03x	+8.92%	+4.73%	+0.03%	+16.36%	Buy
REIT - Mortgage	38	+1.93%	+0.14%	-3.38%	-1.76%	59.89x	0.72x	+0.05%	+0.12%	N/A	+28.95%	Buy
REIT - Office	23	-0.88%	-2.50%	-4.72%	+9.28%	55.52x	0.88x	-0.17%	+0.02%	N/A	+14.11%	Hold
REIT - Residential	21	+0.01%	-0.59%	+2.27%	-3.15%	9.31x	2.26x	+7.85%	+3.55%	N/A	+6.54%	Buy
REIT - Retail	28	+0.47%	-0.50%	-2.30%	+4.54%	35.55x	1.96x	+23.61%	+3.49%	N/A	+11.30%	Buy
REIT - Specialty	19	-0.14%	-3.85%	-9.29%	-5.03%	46.93x	5.63x	+21.26%	+3.25%	+5.26%	+20.50%	Buy

Real Estate Stocks FAQ

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

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

1. Ke Holdings (NYSE:BEKE)

Ke Holdings (NYSE:BEKE) is the top real estate stock with a Zen Score of 55, which is 31 points higher than the real estate sector average of 24. It passed 18 out of 33 due diligence checks and has strong fundamentals. Ke Holdings has seen its stock lose -5.86% over the past year, underperforming other real estate stocks by -3 percentage points.

Ke Holdings has an average 1 year price target of $21.45, an upside of 43.48% from Ke Holdings's current stock price of $14.95.

Ke Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ke Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Host Hotels & Resorts (NASDAQ:HST)

Host Hotels & Resorts (NASDAQ:HST) is the second best real estate stock with a Zen Score of 55, which is 31 points higher than the real estate sector average of 24. It passed 20 out of 38 due diligence checks and has strong fundamentals. Host Hotels & Resorts has seen its stock return 16.44% over the past year, overperforming other real estate stocks by 19 percentage points.

Host Hotels & Resorts has an average 1 year price target of $22.89, an upside of 21.49% from Host Hotels & Resorts's current stock price of $18.84.

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.

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 27 points higher than the real estate sector average of 24. It passed 18 out of 38 due diligence checks and has strong fundamentals. Innovative Industrial Properties has seen its stock return 53.86% over the past year, overperforming other real estate stocks by 57 percentage points.

Innovative Industrial Properties has an average 1 year price target of $101.50, a downside of -3.82% from Innovative Industrial Properties's current stock price of $105.53.

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 169 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 26%, which is 19 percentage points higher than the real estate sector average of 6.85%. 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 -33.8% 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 22.43%, which is 16 percentage points higher than the real estate sector average of 6.85%. 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 22.33%, which is 15 percentage points higher than the real estate sector average of 6.85%. 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 -1,733.3% 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 0.14% in the last day, and down -1.31% over the last week. Industrial Logistics Properties Trust was the among the top gainers in the real estate sector, gaining 15.06% yesterday.

Industrial Logistics Properties Trust shares are trading higher after the company reported better-than-expected Q1 financial results

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. Gaming & Leisure Properties (NASDAQ:GLPI)

Gaming & Leisure Properties (NASDAQ:GLPI) is the most undervalued real estate stock based on WallStreetZen's Valuation Score. Gaming & Leisure Properties has a valuation score of 86, which is 60 points higher than the real estate sector average of 26. It passed 6 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has dropped -17.11% in the past year. It has underperformed other stocks in the real estate sector by -14 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 45 points higher than the real estate sector average of 26. It passed 5 out of 7 valuation due diligence checks.

Innovative Industrial Properties's stock has gained 53.86% in the past year. It has overperformed other stocks in the real estate sector by 57 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 45 points higher than the real estate sector average of 26. It passed 5 out of 7 valuation due diligence checks.

Getty Realty's stock has dropped -17.5% in the past year. It has underperformed other stocks in the real estate sector by -14 percentage points.

Are real estate stocks a good buy now?

42.55% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 16.26% 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 33.48x.

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.