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
MPW	MEDICAL PROPERTIES TRUST INC	$2.86B	-6.80%	-2.90%	N/A	-0.90%	1.40	N/A	26.00%	-63.80%	-31.66%
CLDT	CHATHAM LODGING TRUST	$441.64M	-0.70%	-0.40%	N/A	1.70%	0.70	N/A	68.10%	-1.80%	9.70%
SAFE	SAFEHOLD INC	$1.39B	-1.30%	-0.40%	N/A	-0.30%	1.89	N/A	47.40%	-7.90%	-7.28%
BHM	BLUEROCK HOMES TRUST INC	$68.75M	-2.60%	-0.60%	N/A	1.30%	1.65	N/A	42.90%	-9.50%	23.12%
RLJ	RLJ LODGING TRUST	$1.61B	1.90%	0.90%	N/A	2.60%	1.10	N/A	36.60%	3.40%	12.96%
RWT	REDWOOD TRUST INC	$852.39M	1.40%	0.10%	N/A	0.10%	11.30	N/A	100.00%	8.50%	13.83%
OPI	OFFICE PROPERTIES INCOME TRUST	$106.76M	-5.80%	-1.90%	N/A	0.70%	2.17	N/A	83.20%	-13.70%	8.71%
XIN	XINYUAN REAL ESTATE CO LTD	$13.99M	-50.20%	0.40%	21.29%	8.90%	-42.50	2.08	13.40%	3.10%	30.88%
OUT	OUTFRONT MEDIA INC	$2.50B	-60.80%	-7.70%	-5.39%	-4.00%	7.56	0.58	47.00%	-23.40%	-14.37%
NLY	ANNALY CAPITAL MANAGEMENT INC	$9.99B	-4.30%	-0.50%	N/A	-0.20%	7.01	N/A	100.00%	330.30%	211.05%
PDM	PIEDMONT OFFICE REALTY TRUST INC	$858.57M	-4.30%	-1.80%	N/A	0.60%	1.38	N/A	59.20%	-12.90%	5.88%
ESRT	EMPIRE STATE REALTY TRUST INC	$1.58B	4.90%	1.10%	N/A	2.80%	2.48	N/A	54.60%	6.40%	20.76%
FRPH	FRP HOLDINGS INC	$581.80M	1.30%	0.80%	N/A	1.60%	0.63	N/A	28.20%	12.80%	26.82%
GRP.U	GRANITE REAL ESTATE INVESTMENT TRUST	$3.28B	4.00%	2.40%	3.46%	2.60%	0.71	0.42	83.40%	40.70%	57.55%
ILPT	INDUSTRIAL LOGISTICS PROPERTIES TRUST	$260.69M	-15.40%	-1.90%	N/A	1.90%	6.85	N/A	77.50%	-24.30%	42.00%
FSP	FRANKLIN STREET PROPERTIES CORP	$197.55M	-8.00%	-5.10%	N/A	-2.20%	0.48	N/A	45.90%	-41.70%	-23.31%
ALBT	AVALON GLOBOCARE CORP	$3.78M	-107.30%	-59.60%	-111.11%	-53.40%	1.79	0.13	19.00%	-1,330.50%	-1,222.88%
HPP	HUDSON PACIFIC PROPERTIES INC	$766.42M	-7.10%	-2.60%	N/A	0.10%	1.51	N/A	50.90%	-24.50%	1.53%
INN	SUMMIT HOTEL PROPERTIES INC	$655.64M	-2.70%	-0.80%	N/A	1.90%	1.73	N/A	45.40%	-3.40%	11.40%
HHH	HOWARD HUGHES HOLDINGS INC	$3.34B	-18.70%	-6.10%	N/A	-4.30%	2.25	N/A	41.80%	-58.20%	-60.11%
NTST	NETSTREIT CORP	$1.30B	0.50%	0.30%	N/A	1.20%	0.60	N/A	88.20%	4.60%	19.78%
MAC	MACERICH CO	$3.30B	-13.80%	-4.50%	N/A	-1.30%	2.19	N/A	54.50%	-39.00%	-17.79%
CSR	CENTERSPACE	$1.05B	-1.80%	-0.70%	N/A	1.10%	1.42	N/A	56.90%	-4.90%	11.31%
STHO	STAR HOLDINGS	$174.89M	-40.00%	-23.80%	N/A	-17.10%	0.66	N/A	12.70%	-117.40%	-104.74%
GOOD	GLADSTONE COMMERCIAL CORP	$591.20M	-4.50%	-0.70%	N/A	2.40%	5.34	N/A	78.40%	-5.10%	29.53%
SLG	SL GREEN REALTY CORP	$3.39B	-13.50%	-5.40%	N/A	-2.70%	1.48	N/A	45.30%	-60.00%	-43.85%
COLD	AMERICOLD REALTY TRUST	$6.86B	-8.80%	-4.10%	N/A	-1.90%	1.17	N/A	29.80%	-12.20%	-6.89%
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	$8.91M	N/A	-5.20%	N/A	2.10%	-18.42	N/A	65.80%	-33.90%	22.52%
VRE	VERIS RESIDENTIAL INC	$1.44B	-7.90%	-2.70%	N/A	0.00%	1.71	N/A	55.60%	-32.50%	-0.64%
RMAX	RE/MAX HOLDINGS INC	$180.42M	-16.70%	-12.00%	5.48%	5.10%	1.56	1.21	74.00%	-22.50%	7.25%
SOHO	SOTHERLY HOTELS INC	$28.48M	-7.70%	-1.00%	N/A	3.10%	7.02	N/A	25.80%	-2.30%	12.21%
LRE	LEAD REAL ESTATE CO LTD	$45.97M	N/A	N/A	N/A	N/A	3.68	1.65	N/A	N/A	N/A
ONL	ORION OFFICE REIT INC	$207.84M	-8.30%	-5.10%	N/A	-2.40%	0.62	N/A	68.00%	-38.90%	-22.70%
PGRE	PARAMOUNT GROUP INC	$1.04B	-7.50%	-3.10%	N/A	-0.80%	1.20	N/A	60.30%	-33.90%	-12.56%
NXDT	NEXPOINT DIVERSIFIED REAL ESTATE TRUST	$237.11M	-13.70%	-11.10%	N/A	-8.00%	0.25	N/A	79.50%	-202.40%	-163.05%
GIPR	GENERATION INCOME PROPERTIES INC	$22.27M	-91.70%	-7.20%	N/A	-2.10%	20.24	N/A	13.40%	-81.10%	-38.95%
VTR	VENTAS INC	$19.25B	-0.80%	-0.30%	N/A	1.40%	1.59	N/A	42.80%	-1.60%	11.11%
SRG	SERITAGE GROWTH PROPERTIES	$524.42M	-21.00%	-11.50%	N/A	-5.80%	0.68	N/A	12.10%	-451.50%	-291.69%
MDRR	MEDALIST DIVERSIFIED REIT INC	$12.41M	-14.80%	-2.40%	N/A	1.20%	4.24	N/A	76.10%	-19.20%	15.03%
STRS	STRATUS PROPERTIES INC	$189.78M	-8.50%	-3.30%	N/A	-2.40%	1.17	N/A	-10.30%	-95.50%	-86.68%
HOUS	ANYWHERE REAL ESTATE INC	$597.75M	-3.60%	-1.00%	2.20%	2.70%	2.67	0.41	14.70%	-1.10%	1.69%
TPHS	TRINITY PLACE HOLDINGS INC	$8.42M	-762.60%	-14.10%	N/A	-1.30%	-27.62	N/A	0.10%	-116.10%	-19.57%
OMH	OHMYHOME LTD	$11.32M	-409.80%	-87.70%	-71.74%	-340.70%	1.42	0.37	34.40%	-109.30%	-108.66%
MDV	MODIV INDUSTRIAL INC	$144.91M	-1.80%	-0.50%	N/A	1.60%	1.57	N/A	90.90%	-5.80%	26.69%
IVT	INVENTRUST PROPERTIES CORP	$1.70B	0.40%	0.30%	N/A	1.40%	0.60	N/A	70.50%	2.70%	17.40%
PEB	PEBBLEBROOK HOTEL TRUST	$1.76B	-4.20%	-2.00%	N/A	0.40%	1.06	N/A	34.00%	-8.30%	2.23%
AHT	ASHFORD HOSPITALITY TRUST INC	$55.98M	N/A	-1.70%	N/A	4.70%	-13.26	N/A	26.80%	-4.60%	24.26%
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%
SGD	SAFE & GREEN DEVELOPMENT CORP	$8.27M	-167.20%	-38.60%	-160.09%	-38.30%	4.06	0.03	N/A	N/A	N/A
PW	POWER REIT	$2.32M	-68.90%	-22.60%	N/A	-12.40%	2.06	N/A	2.50%	-887.70%	-684.68%
DEI	DOUGLAS EMMETT INC	$2.36B	-2.30%	-0.50%	N/A	1.10%	2.64	N/A	65.00%	-5.10%	16.50%
NLOP	NET LEASE OFFICE PROPERTIES	$354.40M	N/A	N/A	N/A	N/A	0.90	N/A	N/A	N/A	N/A
AIV	APARTMENT INVESTMENT & MANAGEMENT CO	$1.17B	-39.00%	-7.70%	N/A	-4.20%	4.59	N/A	59.90%	-86.80%	-71.25%
PKST	PEAKSTONE REALTY TRUST	$540.47M	-48.50%	-19.60%	N/A	-12.90%	1.40	N/A	79.50%	-226.70%	-200.44%
FLJ	FLJ GROUP LTD	$0.00	N/A	-78.70%	10.84%	13.10%	-1.13	0.12	N/A	N/A	N/A
NYC	AMERICAN STRATEGIC INVESTMENT CO	$21.06M	-39.80%	-13.90%	N/A	-7.10%	2.17	N/A	33.80%	-162.40%	-132.28%
CMTG	CLAROS MORTGAGE TRUST INC	$1.17B	-3.60%	-1.00%	N/A	-0.40%	2.50	N/A	87.30%	-28.20%	-19.89%
CBL	CBL & ASSOCIATES PROPERTIES INC	$705.97M	1.00%	0.10%	N/A	4.20%	6.26	N/A	66.10%	0.60%	33.02%

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	-0.15%	+0.53%	-5.48%	-10.20%	8.24x	1.21x	+23.15%	+14.85%	+5.85%	+5.52%	Buy
Real Estate - Diversified	5	-1.41%	+0.61%	+4.40%	-25.55%	17.52x	1.81x	-3.15%	-0.27%	+0.09%	+26.45%	Strong Buy
Real Estate Services	43	+0.17%	+3.16%	+0.83%	+3.95%	60.40x	2.63x	+5.10%	+2.49%	+4.04%	+17.57%	Buy
REIT - Diversified	19	+0.04%	+2.96%	+4.44%	-5.97%	13.94x	1.17x	+6.75%	+3.90%	N/A	+9.78%	Buy
REIT - Healthcare Facilities	17	-0.17%	+1.41%	+7.55%	+2.94%	27.71x	1.65x	+1.38%	+0.71%	N/A	+4.45%	Buy
REIT - Hotel & Motel	16	+0.18%	+0.03%	-6.08%	+1.62%	19.03x	1.38x	+32.96%	+3.81%	+0.00%	+21.25%	Buy
REIT - Industrial	17	-0.01%	+1.99%	-2.60%	-6.05%	30.16x	2.13x	+8.71%	+4.69%	+0.05%	+10.94%	Buy
REIT - Mortgage	38	+0.19%	+0.38%	+3.62%	+3.28%	20.62x	0.74x	+3.21%	+0.52%	N/A	+25.82%	Buy
REIT - Office	23	-0.19%	+0.08%	+0.76%	+14.54%	61.10x	0.90x	-0.19%	+0.00%	N/A	+11.06%	Hold
REIT - Residential	21	-0.33%	+1.81%	+4.16%	+1.50%	8.19x	2.36x	+7.99%	+3.68%	N/A	+3.12%	Buy
REIT - Retail	28	-1.12%	+2.02%	+2.83%	+10.53%	38.33x	1.88x	+25.89%	+3.54%	N/A	+9.90%	Buy
REIT - Specialty	19	-1.04%	+4.43%	-0.39%	+1.13%	48.85x	5.94x	+23.41%	+3.34%	+5.41%	+14.01%	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 return 6.34% over the past year, overperforming other real estate stocks by 5 percentage points.

Ke Holdings has an average 1 year price target of $21.45, an upside of 25.44% from Ke Holdings's current stock price of $17.10.

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. Innovative Industrial Properties (NYSE:IIPR)

Innovative Industrial Properties (NYSE:IIPR) is the second 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 44.78% 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, a downside of -2.81% from Innovative Industrial Properties's current stock price of $104.43.

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.

3. Community Healthcare Trust (NYSE:CHCT)

Community Healthcare Trust (NYSE:CHCT) is the third best real estate stock with a Zen Score of 50, which is 26 points higher than the real estate sector average of 24. It passed 19 out of 38 due diligence checks and has strong fundamentals. Community Healthcare Trust has seen its stock lose -33.21% over the past year, underperforming other real estate stocks by -34 percentage points.

Community Healthcare Trust has an average 1 year price target of $30.33, an upside of 26.44% from Community Healthcare Trust's current stock price of $23.99.

Community Healthcare Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Community Healthcare Trust, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% 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 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 23.74%, which is 17 percentage points higher than the real estate sector average of 6.67%. 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. Granite Point Mortgage Trust (NYSE:GPMT)

Granite Point Mortgage Trust (NYSE:GPMT) has an annual dividend yield of 20.6%, which is 14 percentage points higher than the real estate sector average of 6.67%. Granite Point Mortgage Trust's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Granite Point Mortgage Trust's dividend has not shown consistent growth over the last 10 years.

Granite Point Mortgage Trust's dividend payout ratio of -32.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Armour Residential Reit (NYSE:ARR)

Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 19.42%, which is 13 percentage points higher than the real estate sector average of 6.67%. 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 down?

Real estate stocks were down -0.43% in the last day, and up 2.31% over the last week. Douglas Elliman was the among the top losers in the real estate sector, dropping -18.06% yesterday.

Douglas Elliman shares are trading lower after the company reported worse-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 61 points higher than the real estate sector average of 25. It passed 6 out of 7 valuation due diligence checks.

Gaming & Leisure Properties's stock has dropped -12.84% in the past year. It has underperformed other stocks in the real estate sector by -14 percentage points.

2. Getty Realty (NYSE:GTY)

Getty Realty (NYSE:GTY) is the second most undervalued real estate stock based on WallStreetZen's Valuation Score. Getty Realty has a valuation score of 71, which is 46 points higher than the real estate sector average of 25. It passed 5 out of 7 valuation due diligence checks.

Getty Realty's stock has dropped -18.7% in the past year. It has underperformed other stocks in the real estate sector by -20 percentage points.

3. Apple Hospitality Reit (NYSE:APLE)

Apple Hospitality Reit (NYSE:APLE) is the third most undervalued real estate stock based on WallStreetZen's Valuation Score. Apple Hospitality Reit has a valuation score of 71, which is 46 points higher than the real estate sector average of 25. It passed 5 out of 7 valuation due diligence checks.

Apple Hospitality Reit's stock has dropped -5.78% in the past year. It has underperformed other stocks in the real estate sector by -7 percentage points.

Are real estate stocks a good buy now?

41.71% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 11.66% 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 35.2x.

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.