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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
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
RYN
RAYONIER INC
$4.48B$30.16$33.6711.63%Hold3-7.94%N/AN/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
PCH
POTLATCHDELTIC CORP
$3.26B$41.05$48.3317.74%Hold30.38%106.31%N/AN/A
ASPS
ALTISOURCE PORTFOLIO SOLUTIONS SA
$53.11M$1.97N/AN/AN/AN/A14.76%N/AN/AN/A
FTHM
FATHOM HOLDINGS INC
$31.79M$1.53$4.83215.88%Strong Buy315.90%N/AN/AN/A
BXP
BOSTON PROPERTIES INC
$9.66B$61.51$75.2922.40%Buy70.35%90.92%N/AN/A
STRW
STRAWBERRY FIELDS REIT INC
$58.01M$8.96$10.0011.61%Strong Buy1N/AN/AN/AN/A
CTO
CTO REALTY GROWTH INC
$390.71M$17.13$20.3318.70%Strong Buy3-9.15%6,489.00%N/AN/A
FRT
FEDERAL REALTY INVESTMENT TRUST
$8.48B$102.19$111.829.42%Strong Buy115.64%37.70%N/AN/A
WPC
W P CAREY INC
$12.03B$55.03$63.5015.39%Buy4-5.85%N/A14.18%6.86%
ESBA
EMPIRE STATE REALTY OP LP
$244.44M$9.01N/AN/AN/AN/AN/AN/AN/AN/A
WELL
WELLTOWER INC
$53.67B$94.34$98.384.28%Strong Buy87.43%95.48%N/AN/A
LAND
GLADSTONE LAND CORP
$454.43M$12.68$20.0057.73%Strong Buy15.11%N/AN/AN/A
DX
DYNEX CAPITAL INC
$764.80M$11.92$13.6914.83%Strong Buy4N/AN/AN/AN/A
SQFT
PRESIDIO PROPERTY TRUST INC
$14.03M$0.97N/AN/AN/AN/AN/AN/AN/AN/A
RITM
RITHM CAPITAL CORP
$5.42B$11.21$12.198.72%Strong Buy819.13%N/AN/AN/A
FBRT
FRANKLIN BSP REALTY TRUST INC
$1.05B$12.74$14.7515.78%Strong Buy4N/AN/AN/AN/A
KIM
KIMCO REALTY CORP
$12.37B$18.38$21.4716.81%Buy86.04%19.49%N/AN/A
NEN
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
$240.94M$69.15N/AN/AN/AN/AN/AN/AN/AN/A
MFA
MFA FINANCIAL INC
$1.10B$10.73$12.2514.17%Buy4-20.22%N/AN/AN/A
SDHC
SMITH DOUGLAS HOMES CORP
$1.40B$27.25$27.701.65%Hold524.07%N/AN/AN/A
EXPI
EXP WORLD HOLDINGS INC
$1.57B$10.12$11.7516.11%Sell16.64%N/AN/AN/A
BNL
BROADSTONE NET LEASE INC
$2.69B$14.33$16.6716.31%Hold32.01%24.46%N/AN/A
UHT
UNIVERSAL HEALTH REALTY INCOME TRUST
$479.14M$34.66N/AN/AN/AN/AN/AN/AN/AN/A
PINE
ALPINE INCOME PROPERTY TRUST INC
$203.39M$14.93$18.6925.17%Strong Buy41.84%N/AN/AN/A
PSA
PUBLIC STORAGE
$45.28B$257.73$307.7019.39%Buy104.60%25.06%N/AN/A
BRT
BRT APARTMENTS CORP
$325.75M$17.53$24.0036.91%Buy10.90%N/AN/AN/A
ARI
APOLLO COMMERCIAL REAL ESTATE FINANCE INC
$1.53B$10.80$10.50-2.78%Hold3-28.53%N/AN/AN/A
KW
KENNEDY-WILSON HOLDINGS INC
$1.18B$8.50$11.0029.41%Sell2N/AN/AN/AN/A
VNO
VORNADO REALTY TRUST
$5.00B$26.26$24.71-5.89%Sell72.35%157.35%N/AN/A
CIM
CHIMERA INVESTMENT CORP
$1.01B$4.19$5.5031.26%Hold110.08%N/AN/AN/A
HR
HEALTHCARE REALTY TRUST INC
$5.39B$14.14$16.0013.15%Hold51.70%N/AN/AN/A
MMI
MARCUS & MILLICHAP INC
$1.24B$32.27N/AN/AN/AN/AN/AN/AN/AN/A
NYMT
NEW YORK MORTGAGE TRUST INC
$642.29M$7.04$9.7538.49%Buy2-50.98%N/AN/AN/A
PSTL
POSTAL REALTY TRUST INC
$309.09M$13.73$16.0016.53%Hold112.64%108.01%N/AN/A
ACRE
ARES COMMERCIAL REAL ESTATE CORP
$372.79M$6.85$7.387.66%Hold481.65%N/AN/AN/A
OLP
ONE LIBERTY PROPERTIES INC
$483.09M$22.73$25.009.99%Strong Buy1-1.39%N/AN/AN/A
LPA
LOGISTIC PROPERTIES OF THE AMERICAS
$230.21M$7.26N/AN/AN/AN/AN/AN/AN/AN/A
JOE
ST JOE CO
$3.42B$58.53N/AN/AN/AN/AN/AN/AN/AN/A
AKR
ACADIA REALTY TRUST
$1.78B$17.32$18.003.93%Buy23.54%100.83%N/AN/A
GBR
NEW CONCEPT ENERGY INC
$6.47M$1.26N/AN/AN/AN/AN/AN/AN/AN/A
AOMR
ANGEL OAK MORTGAGE REIT INC
$271.87M$10.89$11.001.01%Buy2113.49%N/AN/AN/A
XHR
XENIA HOTELS & RESORTS INC
$1.44B$14.13$15.7011.11%Hold53.47%237.81%N/AN/A
HTIA
HEALTHCARE TRUST INC
$1.65B$14.58N/AN/AN/AN/AN/AN/AN/AN/A
DOC
HEALTHPEAK PROPERTIES INC
$13.23B$18.80$21.5714.74%Buy72.64%77.58%N/AN/A
BXMT
BLACKSTONE MORTGAGE TRUST INC
$3.11B$17.91$19.589.34%Buy6-10.43%N/AN/AN/A
EFC
ELLINGTON FINANCIAL INC
$996.57M$11.71$13.6916.89%Buy4-54.55%N/AN/AN/A
MLP
MAUI LAND & PINEAPPLE CO INC
$389.88M$19.81N/AN/AN/AN/AN/AN/AN/AN/A
GNL
GLOBAL NET LEASE INC
$1.59B$6.91$9.0030.25%Buy216.23%N/AN/AN/A
LADR
LADDER CAPITAL CORP
$1.39B$11.00$12.5013.64%Buy12.16%N/AN/AN/A
PLYM
PLYMOUTH INDUSTRIAL REIT INC
$942.13M$20.76$24.5018.02%Hold43.66%N/AN/AN/A
AXR
AMREP CORP
$109.49M$20.77N/AN/AN/AN/AN/AN/AN/AN/A
CLPR
CLIPPER REALTY INC
$63.77M$3.97N/AN/AN/AN/A4.63%N/AN/AN/A
ACR
ACRES COMMERCIAL REALTY CORP
$106.46M$13.74N/AN/AN/AN/A-41.18%N/AN/AN/A
AHH
ARMADA HOFFLER PROPERTIES INC
$706.00M$10.57N/AN/AN/AN/A-62.54%N/A15.16%3.39%
WSR
WHITESTONE REIT
$568.03M$11.37$15.0031.93%Strong Buy24.51%N/AN/AN/A
DBRG
DIGITALBRIDGE GROUP INC
$2.74B$16.78$22.6735.08%Strong Buy3-11.42%-1.74%N/AN/A
OPAD
OFFERPAD SOLUTIONS INC
$226.19M$8.29$9.3312.58%Hold317.53%N/AN/AN/A
RLJ
RLJ LODGING TRUST
$1.73B$11.11$14.1327.14%Buy44.22%N/AN/AN/A
SUI
SUN COMMUNITIES INC
$14.82B$119.08$137.2915.29%Buy72.53%N/AN/AN/A
EARN
ELLINGTON CREDIT CO
$133.98M$6.76$6.00-11.24%Hold1N/AN/AN/AN/A
LRHC
LA ROSA HOLDINGS CORP
$24.31M$1.70N/AN/AN/AN/AN/AN/AN/AN/A
AGNC
AGNC INVESTMENT CORP
$6.48B$9.33$9.673.61%Buy6360.16%N/AN/AN/A
ELME
ELME COMMUNITIES
$1.32B$15.04$16.006.38%Buy24.12%N/AN/AN/A
ESRT
EMPIRE STATE REALTY TRUST INC
$1.51B$9.21$9.00-2.28%Hold1N/AN/AN/AN/A
IRT
INDEPENDENCE REALTY TRUST INC
$3.56B$15.86$16.805.93%Buy52.79%N/AN/AN/A
CDP
COPT DEFENSE PROPERTIES
$2.66B$23.63$27.0014.26%Buy63.91%N/AN/AN/A
CIGI
COLLIERS INTERNATIONAL GROUP INC
$5.14B$108.03$138.0027.74%Buy35.48%N/AN/AN/A
DUO
FANGDD NETWORK GROUP LTD
$0.00$0.40N/AN/AN/AN/AN/AN/AN/AN/A
TCI
TRANSCONTINENTAL REALTY INVESTORS INC
$250.19M$28.96N/AN/AN/AN/AN/AN/AN/AN/A
AJX
GREAT AJAX CORP
$95.84M$3.49$6.0071.92%Strong Buy1N/AN/AN/AN/A
DOUG
DOUGLAS ELLIMAN INC
$108.93M$1.19N/AN/AN/AN/A12.21%N/AN/AN/A
IHT
INNSUITES HOSPITALITY TRUST
$12.91M$1.43N/AN/AN/AN/AN/AN/AN/AN/A
UK
UCOMMUNE INTERNATIONAL LTD
$1.40M$2.23N/AN/AN/AN/AN/AN/AN/AN/A
DHC
DIVERSIFIED HEALTHCARE TRUST
$584.22M$2.43N/AN/AN/AN/A6.64%N/AN/AN/A
BRSP
BRIGHTSPIRE CAPITAL INC
$831.90M$6.40$7.6719.80%Hold3-50.43%N/AN/AN/A
CHMI
CHERRY HILL MORTGAGE INVESTMENT CORP
$102.97M$3.43$5.0045.77%Strong Buy1N/AN/AN/AN/A
OPI
OFFICE PROPERTIES INCOME TRUST
$98.00M$2.01$1.60-20.40%Strong Sell1-3.37%N/AN/AN/A
KREF
KKR REAL ESTATE FINANCE TRUST INC
$666.80M$9.62$10.8112.40%Strong Buy4-16.91%N/AN/AN/A
SVC
SERVICE PROPERTIES TRUST
$1.03B$6.23$7.8826.51%Hold21.88%N/AN/AN/A
AHR
AMERICAN HEALTHCARE REIT INC
$894.29M$13.68$16.0016.96%Strong Buy79.61%N/AN/AN/A
CMCT
CREATIVE MEDIA & COMMUNITY TRUST CORP
$76.34M$3.35N/AN/AN/AN/A4.73%N/AN/AN/A
OZ
BELPOINTE PREP LLC
$222.67M$59.67N/AN/AN/AN/AN/AN/AN/AN/A
BDN
BRANDYWINE REALTY TRUST
$770.05M$4.47$5.7528.64%Buy23.33%N/AN/AN/A
RDFN
REDFIN CORP
$670.14M$5.62$6.8922.65%Sell711.37%N/AN/AN/A
ILPT
INDUSTRIAL LOGISTICS PROPERTIES TRUST
$239.01M$3.63N/AN/AN/AN/A1.84%N/AN/AN/A
TCN
TRICON RESIDENTIAL INC
$3.07B$11.23N/AN/AN/AN/AN/AN/AN/AN/A
ARR
ARMOUR RESIDENTIAL REIT INC
$902.88M$18.52$19.253.94%Hold2474.60%N/AN/AN/A
MDJH
MDJM LTD
$12.03M$1.03N/AN/AN/AN/AN/AN/AN/AN/A
IVR
INVESCO MORTGAGE CAPITAL INC
$414.82M$8.56$8.00-6.54%Hold1N/AN/AN/AN/A
TWO
TWO HARBORS INVESTMENT CORP
$1.30B$12.53$14.7517.72%Hold4N/AN/AN/AN/A
AIRE
REALPHA TECH CORP
$48.09M$1.09N/AN/AN/AN/AN/AN/AN/AN/A
FSV
FIRSTSERVICE CORP
$6.72B$149.80$179.0019.49%Buy410.25%N/AN/AN/A
ORC
ORCHID ISLAND CAPITAL INC
$461.93M$8.72N/AN/AN/AN/AN/AN/AN/AN/A
GPMT
GRANITE POINT MORTGAGE TRUST INC
$222.98M$4.39$5.7530.98%Buy3N/AN/AN/AN/A
CIO
CITY OFFICE REIT INC
$183.91M$4.58N/AN/AN/AN/A-1.42%N/AN/AN/A
MPW
MEDICAL PROPERTIES TRUST INC
$2.70B$4.51$5.2516.41%Hold87.97%N/AN/AN/A
NTST
NETSTREIT CORP
$1.24B$17.00$18.176.86%Buy6N/AN/AN/AN/A

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.
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.