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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
OverviewZen ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
BEKE
KE HOLDINGS INC
$17.75B$14.83$21.4544.64%Strong Buy210.15%6.77%N/AN/A
HST
HOST HOTELS & RESORTS INC
$13.27B$18.86$22.8921.36%Strong Buy94.06%72.09%N/AN/A
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
$2.76B$97.71$101.503.88%Hold23.86%N/AN/AN/A
CHCI
COMSTOCK HOLDING COMPANIES INC
$68.35M$7.13N/AN/AN/AN/AN/AN/AN/AN/A
LFT
LUMENT FINANCE TRUST INC
$123.83M$2.37N/AN/AN/AN/A22.68%N/AN/AN/A
EGP
EASTGROUP PROPERTIES INC
$7.51B$155.92$186.6719.72%Buy910.05%48.20%N/AN/A
RC
READY CAPITAL CORP
$1.53B$8.85$38.10330.51%Buy5-56.32%N/AN/AN/A
LODE
COMSTOCK INC
$36.14M$0.31N/AN/AN/AN/AN/AN/AN/AN/A
CUBE
CUBESMART
$9.17B$40.76$45.8912.58%Hold93.59%20.54%N/AN/A
RMR
RMR GROUP INC
$746.11M$23.53$35.0048.75%Strong Buy12.42%-45.52%N/AN/A
CBRE
CBRE GROUP INC
$26.70B$87.33$99.8014.28%Hold511.09%39.52%N/AN/A
HASI
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC
$2.92B$25.96$32.8026.35%Strong Buy5-25.12%32.61%N/AN/A
SBAC
SBA COMMUNICATIONS CORP
$21.21B$196.23$264.0034.54%Strong Buy41.07%72.58%N/AN/A
INVH
INVITATION HOMES INC
$21.25B$34.72$38.189.97%Buy115.91%98.52%N/AN/A
SELF
GLOBAL SELF STORAGE INC
$47.48M$4.26N/AN/AN/AN/AN/AN/AN/AN/A
NSA
NATIONAL STORAGE AFFILIATES TRUST
$2.79B$34.92$38.409.97%Hold5-0.19%28.60%N/AN/A
AMH
AMERICAN HOMES 4 RENT
$13.33B$36.41$40.3310.77%Strong Buy64.75%25.78%N/AN/A
SHO
SUNSTONE HOTEL INVESTORS INC
$2.10B$10.30$10.501.94%Sell4-1.39%10.23%N/AN/A
GTY
GETTY REALTY CORP
$1.45B$26.92$31.5017.01%Buy23.17%66.15%N/AN/A
AAT
AMERICAN ASSETS TRUST INC
$1.29B$21.23$22.003.63%Hold12.05%123.07%N/AN/A
CHCT
COMMUNITY HEALTHCARE TRUST INC
$728.85M$26.33$33.6727.87%Strong Buy311.68%171.89%N/AN/A
BFS
SAUL CENTERS INC
$852.07M$35.53N/AN/AN/AN/A0.88%87.86%23.27%4.06%
RHP
RYMAN HOSPITALITY PROPERTIES INC
$6.39B$107.06$126.0017.69%Strong Buy56.89%41.62%N/AN/A
KRC
KILROY REALTY CORP
$3.89B$33.14$40.5022.21%Buy42.95%46.24%N/AN/A
GLPI
GAMING & LEISURE PROPERTIES INC
$11.53B$42.46$49.5016.58%Buy61.94%23.07%N/AN/A
FPH
FIVE POINT HOLDINGS LLC
$429.43M$2.89N/AN/AN/AN/AN/AN/AN/AN/A
CTRE
CARETRUST REIT INC
$3.17B$24.31$24.00-1.28%Buy37.80%105.04%N/AN/A
O
REALTY INCOME CORP
$46.25B$53.71$59.2910.38%Buy714.04%86.66%N/AN/A
CSGP
COSTAR GROUP INC
$37.83B$92.65$104.6012.90%Buy1015.19%70.78%N/AN/A
VICI
VICI PROPERTIES INC
$29.69B$28.47$32.7114.91%Strong Buy74.41%-12.93%N/AN/A
NMRK
NEWMARK GROUP INC
$1.69B$9.76$12.1324.23%Buy27.51%120.77%N/AN/A
EXR
EXTRA SPACE STORAGE INC
$28.24B$133.47$152.7314.43%Buy1110.02%29.73%N/AN/A
CCI
CROWN CASTLE INC
$40.63B$93.58$110.1117.67%Hold9-1.23%38.14%N/AN/A
VTMX
VESTA REAL ESTATE CORPORATION SAB DE CV
$3.20B$36.21$42.0015.99%Strong Buy1N/AN/AN/AN/A
STAG
STAG INDUSTRIAL INC
$6.27B$34.48$40.0016.01%Hold57.33%36.14%N/AN/A
FCPT
FOUR CORNERS PROPERTY TRUST INC
$2.16B$23.44$26.5013.05%Strong Buy26.31%28.74%N/AN/A
NXRT
NEXPOINT RESIDENTIAL TRUST INC
$857.53M$33.27$37.5012.71%Buy20.44%27.43%N/AN/A
ADC
AGREE REALTY CORP
$5.81B$57.77$65.8113.92%Buy811.17%40.35%N/AN/A
SKT
TANGER INC
$3.15B$28.88$29.602.49%Buy5-0.11%95.74%N/AN/A
DLR
DIGITAL REALTY TRUST INC
$44.60B$142.83$148.503.97%Buy105.56%41.48%N/AN/A
NHI
NATIONAL HEALTH INVESTORS INC
$2.73B$62.89$61.86-1.64%Buy77.42%24.36%N/AN/A
LTC
LTC PROPERTIES INC
$1.40B$32.56$33.001.35%Hold2-19.04%33.68%N/AN/A
ALEX
ALEXANDER & BALDWIN INC
$1.18B$16.19$18.5014.27%Buy2-5.24%67.21%N/AN/A
APLE
APPLE HOSPITALITY REIT INC
$3.62B$15.00$18.0020.00%Hold23.61%84.81%N/AN/A
REG
REGENCY CENTERS CORP
$10.76B$58.28$70.2920.60%Strong Buy76.91%28.71%N/AN/A
ROIC
RETAIL OPPORTUNITY INVESTMENTS CORP
$1.56B$12.25$14.0014.29%Buy20.86%280.00%11.76%5.07%
EQIX
EQUINIX INC
$69.23B$731.61$876.7819.84%Buy98.99%59.73%N/AN/A
ELS
EQUITY LIFESTYLE PROPERTIES INC
$11.29B$60.53$72.2519.36%Buy44.27%26.61%N/AN/A
ALX
ALEXANDERS INC
$1.06B$206.90N/AN/AN/AN/A4.68%-33.60%N/AN/A
CPT
CAMDEN PROPERTY TRUST
$10.66B$99.62$101.331.72%Buy121.98%61.75%N/AN/A
ABR
ARBOR REALTY TRUST INC
$2.42B$12.82$13.817.75%Hold462.61%N/AN/AN/A
PLD
PROLOGIS INC
$96.34B$104.06$133.0027.81%Strong Buy163.69%33.11%N/AN/A
TRNO
TERRENO REALTY CORP
$4.76B$54.13$67.1424.04%Buy714.68%10.47%N/AN/A
WY
WEYERHAEUSER CO
$22.64B$31.05$38.0022.38%Buy43.35%27.92%N/AN/A
LAMR
LAMAR ADVERTISING CO
$11.67B$114.37$109.50-4.26%Hold23.68%48.24%N/AN/A
HIW
HIGHWOODS PROPERTIES INC
$2.72B$25.68$24.80-3.43%Hold50.54%54.74%N/AN/A
UDR
UDR INC
$12.48B$37.91$38.541.66%Buy133.11%30.96%N/AN/A
GMRE
GLOBAL MEDICAL REIT INC
$531.81M$8.11N/AN/AN/AN/A3.02%N/AN/AN/A
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
$4.50B$25.69$28.2910.11%Strong Buy715.45%18.37%N/AN/A
RFL
RAFAEL HOLDINGS INC
$41.92M$1.71N/AN/AN/AN/AN/AN/AN/AN/A
EQR
EQUITY RESIDENTIAL
$24.72B$65.14$64.96-0.28%Buy113.46%24.35%N/AN/A
SPG
SIMON PROPERTY GROUP INC
$46.39B$142.36$150.835.95%Buy62.95%49.94%N/AN/A
IRS
IRSA INVESTMENTS & REPRESENTATIONS INC
$766.52M$9.45N/AN/AN/AN/AN/AN/AN/AN/A
REXR
REXFORD INDUSTRIAL REALTY INC
$9.41B$43.20$52.4321.36%Hold712.66%31.88%N/AN/A
NNN
NNN REIT INC
$7.44B$40.76$42.003.04%Hold14.92%18.01%N/AN/A
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
$20.33B$116.24$141.2021.47%Strong Buy55.88%197.24%N/AN/A
MAA
MID AMERICA APARTMENT COMMUNITIES INC
$15.08B$129.23$137.506.40%Buy113.43%31.46%N/AN/A
KRG
KITE REALTY GROUP TRUST
$4.67B$21.26$24.6716.03%Buy31.71%809.09%11.93%6.13%
CUZ
COUSINS PROPERTIES INC
$3.48B$22.86$26.0013.74%Strong Buy33.18%84.89%N/AN/A
REFI
CHICAGO ATLANTIC REAL ESTATE FINANCE INC
$284.79M$15.65$20.0027.80%Buy13.46%N/AN/AN/A
LOAN
MANHATTAN BRIDGE CAPITAL INC
$57.99M$5.07N/AN/AN/AN/AN/AN/AN/AN/A
SITC
SITE CENTERS CORP
$2.82B$13.48$14.386.64%Buy4-13.88%3.20%N/AN/A
FR
FIRST INDUSTRIAL REALTY TRUST INC
$6.09B$46.00$54.2517.93%Buy86.78%17.82%N/AN/A
DRH
DIAMONDROCK HOSPITALITY CO
$1.90B$9.05$10.3013.81%Buy53.32%135.70%N/AN/A
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
$1.22B$14.10$14.704.26%Buy5-19.34%N/AN/AN/A
DEA
EASTERLY GOVERNMENT PROPERTIES INC
$1.20B$11.69$13.0011.21%Hold16.70%99.56%N/AN/A
MITT
AG MORTGAGE INVESTMENT TRUST INC
$166.41M$5.65$7.0023.89%Buy3N/AN/AN/AN/A
OPEN
OPENDOOR TECHNOLOGIES INC
$1.45B$2.14$3.3355.37%Hold420.73%N/AN/AN/A
FPI
FARMLAND PARTNERS INC
$520.63M$10.84$15.0038.38%Buy1-3.73%N/AN/AN/A
BRX
BRIXMOR PROPERTY GROUP INC
$6.54B$21.72$24.1411.16%Buy74.62%29.04%N/AN/A
SBRA
SABRA HEALTH CARE REIT INC
$3.23B$13.94$18.0029.12%Strong Buy33.99%202.45%N/AN/A
AVB
AVALONBAY COMMUNITIES INC
$27.19B$191.45$192.590.60%Buy114.71%23.98%N/AN/A
AFCG
AFC GAMMA INC
$244.29M$11.82N/AN/AN/AN/A14.31%N/AN/AN/A
UE
URBAN EDGE PROPERTIES
$1.94B$16.51$18.009.02%Hold24.71%-19.42%N/AN/A
AEI
ALSET INC
$5.45M$0.59N/AN/AN/AN/AN/AN/AN/AN/A
LSEA
LANDSEA HOMES CORP
$406.79M$11.26$15.0033.21%Buy216.56%N/AN/AN/A
FOR
FORESTAR GROUP INC
$1.59B$31.33$33.506.93%Hold1-3.48%N/AN/AN/A
UMH
UMH PROPERTIES INC
$1.09B$15.66$19.0021.33%Strong Buy37.66%N/AN/AN/A
OHI
OMEGA HEALTHCARE INVESTORS INC
$7.63B$31.09$33.297.06%Buy74.96%43.59%N/AN/A
AMT
AMERICAN TOWER CORP
$80.07B$171.69$220.2928.30%Buy7-0.23%63.39%N/AN/A
REAX
REAL BROKERAGE INC
$703.21M$3.83$3.75-2.09%Strong Buy231.63%N/AN/AN/A
EPR
EPR PROPERTIES
$3.10B$40.99$49.5720.93%Buy7-3.90%33.96%N/AN/A
NREF
NEXPOINT REAL ESTATE FINANCE INC
$233.29M$13.26$14.005.58%Hold1-45.59%N/AN/AN/A
PK
PARK HOTELS & RESORTS INC
$3.49B$16.57$19.1115.33%Buy90.38%145.88%N/AN/A
LXP
LXP INDUSTRIAL TRUST
$2.50B$8.48$11.0029.72%Strong Buy16.31%128.94%N/AN/A
PECO
PHILLIPS EDISON & COMPANY INC
$3.99B$32.61$36.5011.93%Hold45.71%207.70%N/AN/A
JLL
JONES LANG LASALLE INC
$8.66B$182.50$230.6726.39%Strong Buy36.57%85.35%N/AN/A
ESS
ESSEX PROPERTY TRUST INC
$15.85B$246.92$247.850.38%Buy132.87%43.59%N/AN/A
IRM
IRON MOUNTAIN INC
$22.66B$77.52$75.25-2.93%Buy49.83%95.40%N/AN/A
EQC
EQUITY COMMONWEALTH
$1.99B$18.60N/AN/AN/AN/AN/AN/AN/AN/A
123

Real Estate Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
12+2.06%-0.17%-8.97%-8.86%7.52x1.16x+22.42%+14.42%+6.01%+11.46%Buy
5+1.65%+5.24%-1.20%+3.74%17.88x1.76x-2.06%-0.03%+0.15%+30.39%Strong Buy
44+0.53%+2.20%-5.58%+3.46%56.64x2.40x-2.26%+2.50%+4.64%+23.92%Buy
19-0.42%+0.37%-2.70%-9.93%12.38x1.12x+7.01%+3.99%N/A+15.96%Buy
17+0.94%+2.56%+1.82%+3.36%15.34x1.57x+1.41%+0.67%N/A+8.76%Buy
16+0.28%+1.89%-5.27%+12.33%18.55x1.41x+72.53%+4.00%+0.00%+16.76%Buy
17-0.12%-0.32%-9.00%-6.54%27.71x2.03x+8.89%+4.77%+0.03%+18.06%Buy
38+1.34%+1.17%-3.12%-0.68%61.83x0.72x-0.14%+0.10%N/A+29.77%Buy
23-0.21%+1.47%-2.46%+12.03%54.99x0.88x+0.04%+0.10%N/A+13.20%Hold
21+0.41%+2.81%+3.55%+1.91%17.30x2.29x+7.46%+3.42%N/A+5.02%Buy
28-0.68%+0.63%-1.10%+6.34%34.54x1.97x+23.89%+3.51%N/A+10.62%Buy
19-0.40%-0.23%-6.98%-0.93%51.13x5.62x+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 6.81%. 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 6.81%. 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 6.81%. 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?

42.47% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 15.52% 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.
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