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	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
OUT	OUTFRONT MEDIA INC	$2.61B	-50.10%	-7.60%	-5.37%	-4.00%	6.68	0.67	46.80%	-23.60%	-14.72%
MPW	MEDICAL PROPERTIES TRUST INC	$2.70B	-6.80%	-2.90%	N/A	-0.90%	1.40	N/A	26.00%	-63.80%	-31.66%
JBGS	JBG SMITH PROPERTIES	$1.39B	-3.20%	-1.40%	N/A	0.40%	1.27	N/A	66.60%	-13.20%	4.70%
BHR	BRAEMAR HOTELS & RESORTS INC	$185.59M	-20.90%	-3.20%	N/A	2.10%	4.59	N/A	32.20%	-10.00%	9.45%
PDM	PIEDMONT OFFICE REALTY TRUST INC	$830.70M	-2.70%	-1.20%	N/A	0.90%	1.36	N/A	59.30%	-8.40%	9.15%
ARL	AMERICAN REALTY INVESTORS INC	$231.30M	0.60%	0.40%	N/A	1.30%	0.34	N/A	44.80%	7.90%	29.56%
SLG	SL GREEN REALTY CORP	$3.28B	-14.20%	-5.60%	N/A	-2.80%	1.39	N/A	61.70%	-63.40%	-46.78%
AIRC	APARTMENT INCOME REIT CORP	$5.57B	28.50%	9.90%	N/A	7.90%	1.49	N/A	66.40%	77.40%	93.55%
SAFE	SAFEHOLD INC	$1.29B	-2.50%	-0.90%	N/A	-0.50%	1.91	N/A	47.30%	-15.60%	-15.10%
CLDT	CHATHAM LODGING TRUST	$454.81M	-0.70%	-0.40%	N/A	1.70%	0.70	N/A	68.40%	-1.70%	9.57%
TRTX	TPG RE FINANCE TRUST INC	$587.91M	-10.90%	-2.80%	N/A	-1.50%	2.75	N/A	100.00%	-112.50%	-99.98%
BHM	BLUEROCK HOMES TRUST INC	$66.73M	-2.90%	-0.70%	N/A	1.20%	1.31	N/A	42.60%	-11.00%	21.24%
UNIT	UNITI GROUP INC	$1.38B	N/A	-1.70%	N/A	3.60%	-3.02	N/A	87.50%	-7.20%	31.50%
NLY	ANNALY CAPITAL MANAGEMENT INC	$9.44B	-15.70%	-2.00%	N/A	-1.00%	7.28	N/A	100.00%	124.30%	111.64%
RWT	REDWOOD TRUST INC	$752.62M	-0.80%	-0.10%	N/A	0.00%	11.06	N/A	100.00%	-5.40%	-0.39%
VINO	GAUCHO GROUP HOLDINGS INC	$1.48M	-197.80%	-100.30%	-134.35%	-100.60%	1.40	0.83	22.10%	-978.20%	-828.21%
XIN	XINYUAN REAL ESTATE CO LTD	$14.69M	-50.20%	0.40%	21.29%	8.90%	-42.50	2.08	13.40%	3.10%	30.88%
INN	SUMMIT HOTEL PROPERTIES INC	$659.55M	-3.00%	-0.90%	N/A	1.80%	1.69	N/A	45.10%	-3.80%	10.88%
NLOP	NET LEASE OFFICE PROPERTIES	$338.73M	-14.80%	-9.50%	N/A	-5.10%	0.92	N/A	79.10%	-75.30%	-50.70%
FSP	FRANKLIN STREET PROPERTIES CORP	$206.86M	-6.50%	-4.10%	N/A	-1.50%	0.64	N/A	46.50%	-33.00%	-16.14%
FRPH	FRP HOLDINGS INC	$578.19M	1.30%	0.80%	N/A	1.60%	0.63	N/A	28.20%	12.80%	26.82%
HPP	HUDSON PACIFIC PROPERTIES INC	$807.15M	-6.00%	-2.20%	N/A	0.40%	1.53	N/A	52.70%	-20.20%	5.32%
ALBT	AVALON GLOBOCARE CORP	$3.03M	-107.30%	-59.60%	-111.11%	-53.40%	1.79	0.13	19.00%	-1,330.50%	-1,222.88%
VTR	VENTAS INC	$17.71B	-0.40%	-0.20%	N/A	1.40%	1.57	N/A	43.10%	-0.90%	11.64%
GRP.U	GRANITE REAL ESTATE INVESTMENT TRUST	$3.21B	2.50%	1.50%	2.37%	1.80%	0.72	0.37	83.50%	26.20%	39.50%
MAC	MACERICH CO	$3.38B	-10.60%	-3.50%	N/A	-0.80%	2.04	N/A	55.30%	-31.00%	-11.50%
HHH	HOWARD HUGHES HOLDINGS INC	$3.24B	-17.00%	-5.80%	N/A	-4.10%	2.18	N/A	42.40%	-53.90%	-54.54%
COLD	AMERICOLD REALTY TRUST	$6.31B	-9.10%	-4.20%	N/A	-2.00%	1.17	N/A	28.80%	-12.60%	-7.42%
HOUS	ANYWHERE REAL ESTATE INC	$572.33M	-5.80%	-1.60%	0.84%	1.10%	2.48	0.48	14.60%	-1.70%	0.69%
VRE	VERIS RESIDENTIAL INC	$1.35B	-7.90%	-2.70%	N/A	0.00%	1.71	N/A	55.60%	-32.50%	-0.64%
GOOD	GLADSTONE COMMERCIAL CORP	$533.25M	-4.40%	-0.70%	N/A	2.40%	5.28	N/A	78.20%	-5.20%	28.67%
PGRE	PARAMOUNT GROUP INC	$1.02B	-7.60%	-3.10%	N/A	-0.90%	1.25	N/A	60.40%	-35.00%	-14.18%
SOHO	SOTHERLY HOTELS INC	$26.02M	-7.70%	-1.00%	N/A	3.10%	7.02	N/A	25.80%	-2.30%	12.21%
CMTG	CLAROS MORTGAGE TRUST INC	$1.21B	0.30%	0.10%	N/A	0.20%	2.51	N/A	87.00%	2.00%	9.67%
LRE	LEAD REAL ESTATE CO LTD	$36.97M	N/A	N/A	N/A	N/A	3.68	1.65	N/A	N/A	N/A
STRS	STRATUS PROPERTIES INC	$183.57M	-8.50%	-3.30%	N/A	-2.40%	1.17	N/A	-10.30%	-95.50%	-86.68%
GIPR	GENERATION INCOME PROPERTIES INC	$20.49M	-91.70%	-7.20%	N/A	-2.10%	20.24	N/A	13.40%	-81.10%	-38.95%
NXDT	NEXPOINT DIVERSIFIED REAL ESTATE TRUST	$235.60M	-13.00%	-10.70%	N/A	-7.70%	0.24	N/A	80.10%	-192.60%	-155.82%
SRG	SERITAGE GROWTH PROPERTIES	$524.37M	-27.30%	-13.70%	N/A	-7.10%	0.73	N/A	-31.90%	-769.10%	-530.83%
RMAX	RE/MAX HOLDINGS INC	$129.03M	-15.50%	-11.00%	5.53%	4.90%	1.59	1.18	74.20%	-21.20%	7.27%
MDV	MODIV INDUSTRIAL INC	$137.59M	-6.80%	-2.00%	N/A	0.90%	2.12	N/A	89.00%	-21.90%	15.32%
IVT	INVENTRUST PROPERTIES CORP	$1.71B	0.30%	0.20%	N/A	1.40%	0.60	N/A	70.00%	2.00%	16.78%
OMH	OHMYHOME LTD	$12.99M	-409.80%	-87.70%	-71.74%	-340.70%	1.42	0.37	34.40%	-109.30%	-108.66%
PEB	PEBBLEBROOK HOTEL TRUST	$1.80B	-4.20%	-2.00%	N/A	0.40%	1.06	N/A	34.00%	-8.30%	2.23%
TPHS	TRINITY PLACE HOLDINGS INC	$8.74M	-762.60%	-14.10%	N/A	-1.30%	-27.62	N/A	0.10%	-116.10%	-19.57%
MAYS	MAYS J W INC	$87.71M	-0.90%	-0.50%	N/A	-0.40%	0.71	N/A	30.20%	-2.20%	-2.09%
FLJ	FLJ GROUP LTD	$0.00	N/A	-78.70%	10.84%	13.10%	-1.13	0.12	N/A	N/A	N/A
SGD	SAFE & GREEN DEVELOPMENT CORP	$9.14M	-167.20%	-38.60%	-160.09%	-38.30%	4.06	0.03	N/A	N/A	N/A
PW	POWER REIT	$1.48M	-53.10%	-19.20%	N/A	-10.70%	1.84	N/A	16.00%	-637.00%	-494.71%
DEI	DOUGLAS EMMETT INC	$2.24B	-1.80%	-0.40%	N/A	1.10%	2.61	N/A	64.60%	-4.20%	16.34%
STHO	STAR HOLDINGS	$156.11M	-46.20%	-28.20%	N/A	-20.10%	0.57	N/A	10.30%	-159.60%	-140.90%
PKST	PEAKSTONE REALTY TRUST	$503.93M	-43.20%	-18.30%	N/A	-12.10%	1.43	N/A	79.40%	-219.40%	-193.59%
CBL	CBL & ASSOCIATES PROPERTIES INC	$707.43M	1.60%	0.20%	N/A	4.30%	6.12	N/A	65.00%	1.00%	33.69%
ONL	ORION OFFICE REIT INC	$181.30M	-6.20%	-3.80%	N/A	-1.50%	0.61	N/A	68.80%	-29.40%	-13.93%
MDRR	MEDALIST DIVERSIFIED REIT INC	$12.51M	-32.80%	-5.40%	N/A	-0.70%	5.60	N/A	74.70%	-44.50%	-10.03%
NYC	AMERICAN STRATEGIC INVESTMENT CO	$14.96M	-38.50%	-14.00%	N/A	-7.30%	2.09	N/A	33.90%	-168.90%	-138.84%
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	$10.00M	N/A	-4.30%	N/A	2.50%	-24.74	N/A	65.90%	-28.60%	27.05%
AHT	ASHFORD HOSPITALITY TRUST INC	$47.55M	N/A	-5.20%	N/A	2.70%	-10.66	N/A	27.20%	-14.20%	13.79%
AIV	APARTMENT INVESTMENT & MANAGEMENT CO	$1.17B	-34.80%	-7.60%	N/A	-4.30%	4.28	N/A	60.60%	-88.90%	-75.53%

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	+2.06%	-0.17%	-8.97%	-8.86%	7.52x	1.16x	+22.42%	+14.42%	+6.01%	+11.46%	Buy
Real Estate - Diversified	5	+1.65%	+5.24%	-1.20%	+3.74%	17.88x	1.76x	-2.06%	-0.03%	+0.15%	+30.39%	Strong Buy
Real Estate Services	44	+0.53%	+2.20%	-5.58%	+3.46%	56.64x	2.40x	-2.26%	+2.50%	+4.64%	+23.92%	Buy
REIT - Diversified	19	-0.42%	+0.37%	-2.70%	-9.93%	12.38x	1.12x	+7.01%	+3.99%	N/A	+15.96%	Buy
REIT - Healthcare Facilities	17	+0.94%	+2.56%	+1.82%	+3.36%	15.34x	1.57x	+1.41%	+0.67%	N/A	+8.76%	Buy
REIT - Hotel & Motel	16	+0.28%	+1.89%	-5.27%	+12.33%	18.55x	1.41x	+72.53%	+4.00%	+0.00%	+16.76%	Buy
REIT - Industrial	17	-0.12%	-0.32%	-9.00%	-6.54%	27.71x	2.03x	+8.89%	+4.77%	+0.03%	+18.14%	Buy
REIT - Mortgage	38	+1.34%	+1.17%	-3.12%	-0.68%	61.83x	0.72x	-0.14%	+0.10%	N/A	+29.77%	Buy
REIT - Office	23	-0.21%	+1.47%	-2.46%	+12.03%	54.99x	0.88x	+0.04%	+0.10%	N/A	+13.20%	Hold
REIT - Residential	21	+0.41%	+2.81%	+3.55%	+1.91%	17.30x	2.29x	+7.46%	+3.42%	N/A	+5.02%	Buy
REIT - Retail	28	-0.68%	+0.63%	-1.10%	+6.34%	34.54x	1.97x	+23.89%	+3.51%	N/A	+10.62%	Buy
REIT - Specialty	19	-0.40%	-0.23%	-6.98%	-0.93%	51.13x	5.62x	+17.27%	+3.07%	+5.03%	+18.58%	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 55, which is 30 points higher than the real estate sector average of 25. It passed 20 out of 38 due diligence checks and has strong fundamentals. Host Hotels & Resorts has seen its stock return 19.37% 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 21.36% from Host Hotels & Resorts's current stock price of $18.86.

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. Ke Holdings (NYSE:BEKE)

Ke Holdings (NYSE:BEKE) is the second 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 18 out of 33 due diligence checks and has strong fundamentals. Ke Holdings has seen its stock lose -4.69% over the past year, underperforming other real estate stocks by -6 percentage points.

Ke Holdings has an average 1 year price target of $21.45, an upside of 44.64% from Ke Holdings's current stock price of $14.83.

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.

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 52.15% over the past year, overperforming other real estate stocks by 51 percentage points.

Innovative Industrial Properties has an average 1 year price target of $101.50, an upside of 3.88% from Innovative Industrial Properties's current stock price of $97.71.

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 25.87%, which is 19 percentage points higher than the real estate sector average of 6.79%. 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. Armour Residential Reit (NYSE:ARR)

Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 22.46%, which is 16 percentage points higher than the real estate sector average of 6.79%. 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.

3. Irsa Investments & Representations (NYSE:IRS)

Irsa Investments & Representations (NYSE:IRS) has an annual dividend yield of 22.45%, which is 16 percentage points higher than the real estate sector average of 6.79%. 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 0.11% in the last day, and up 1.09% over the last week. Ke Holdings was the among the top gainers in the real estate sector, gaining 7.39% yesterday.

KE Holdings shares are trading amid overall strength in Chinese stocks.

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 59 points higher than the real estate sector average of 27. It passed 6 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has dropped -16.45% in the past year. It has underperformed other stocks in the real estate sector by -17 percentage points.

2. Retail Opportunity Investments (NASDAQ:ROIC)

Retail Opportunity Investments (NASDAQ:ROIC) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Retail Opportunity Investments 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.

Retail Opportunity Investments's stock has dropped -2.93% in the past year. It has underperformed other stocks in the real estate sector by -4 percentage points.

3. Innovative Industrial Properties (NYSE:IIPR)

Innovative Industrial Properties (NYSE:IIPR) is the third 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 52.15% in the past year. It has overperformed other stocks in the real estate sector by 51 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 15.53% 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 35.95x.

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.

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.

Real Estate Industries

Real Estate Stocks FAQ

1. Host Hotels & Resorts (NASDAQ:HST)

2. Ke Holdings (NYSE:BEKE)

3. Innovative Industrial Properties (NYSE:IIPR)

1. Office Properties Income Trust (NASDAQ:OPI)

2. Armour Residential Reit (NYSE:ARR)

3. Irsa Investments & Representations (NYSE:IRS)

1. Gaming & Leisure Properties (NASDAQ:GLPI)

2. Retail Opportunity Investments (NASDAQ:ROIC)

3. Innovative Industrial Properties (NYSE:IIPR)

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