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	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
CLDT	CHATHAM LODGING TRUST	$439.69M	$8.99	$12.00	33.48%	Strong Buy	1	2.10%	N/A	N/A	N/A
SAFE	SAFEHOLD INC	$1.38B	$19.28	$27.14	40.78%	Buy	7	4.01%	N/A	N/A	N/A
UNIT	UNITI GROUP INC	$929.80M	$3.87	$7.00	80.88%	Buy	3	2.36%	N/A	N/A	N/A
PDM	PIEDMONT OFFICE REALTY TRUST INC	$847.42M	$6.84	N/A	N/A	N/A	N/A	-1.45%	N/A	N/A	N/A
SLG	SL GREEN REALTY CORP	$3.30B	$50.93	$47.80	-6.15%	Hold	10	-14.71%	N/A	N/A	N/A
OUT	OUTFRONT MEDIA INC	$2.44B	$14.70	$17.00	15.65%	Buy	1	1.71%	N/A	N/A	N/A
RWT	REDWOOD TRUST INC	$828.60M	$6.27	$7.66	22.11%	Buy	8	-49.25%	N/A	N/A	N/A
OPI	OFFICE PROPERTIES INCOME TRUST	$112.37M	$2.31	$4.30	86.55%	Hold	2	-4.43%	N/A	N/A	N/A
NLY	ANNALY CAPITAL MANAGEMENT INC	$9.85B	$19.68	$20.92	6.29%	Strong Buy	6	N/A	N/A	N/A	N/A
BHM	BLUEROCK HOMES TRUST INC	$66.93M	$17.25	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
XIN	XINYUAN REAL ESTATE CO LTD	$13.88M	$2.57	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
RLJ	RLJ LODGING TRUST	$1.62B	$10.38	$14.13	36.08%	Buy	4	3.61%	N/A	N/A	N/A
NLOP	NET LEASE OFFICE PROPERTIES	$358.10M	$24.22	$60.00	147.73%	Buy	1	N/A	N/A	N/A	N/A
FRPH	FRP HOLDINGS INC	$589.02M	$31.00	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GRP.U	GRANITE REAL ESTATE INVESTMENT TRUST	$3.26B	$51.71	N/A	N/A	N/A	N/A	6.06%	N/A	N/A	N/A
ILPT	INDUSTRIAL LOGISTICS PROPERTIES TRUST	$260.03M	$3.95	N/A	N/A	N/A	N/A	1.83%	N/A	N/A	N/A
FSP	FRANKLIN STREET PROPERTIES CORP	$201.69M	$1.95	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ESRT	EMPIRE STATE REALTY TRUST INC	$1.55B	$9.42	$9.00	-4.46%	Hold	1	N/A	N/A	N/A	N/A
ALBT	AVALON GLOBOCARE CORP	$3.11M	$0.28	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NTST	NETSTREIT CORP	$1.26B	$17.24	$18.17	5.38%	Buy	6	N/A	N/A	N/A	N/A
CSR	CENTERSPACE	$1.03B	$68.76	$64.75	-5.83%	Hold	4	2.73%	N/A	N/A	N/A
MAC	MACERICH CO	$3.42B	$15.84	$14.83	-6.36%	Sell	6	0.85%	N/A	N/A	N/A
HPP	HUDSON PACIFIC PROPERTIES INC	$728.31M	$5.16	$9.24	79.03%	Buy	8	3.60%	N/A	N/A	N/A
HHH	HOWARD HUGHES HOLDINGS INC	$3.36B	$66.88	$84.00	25.60%	Strong Buy	1	33.04%	N/A	N/A	N/A
INN	SUMMIT HOTEL PROPERTIES INC	$651.32M	$6.02	N/A	N/A	N/A	N/A	0.43%	N/A	N/A	N/A
RMAX	RE/MAX HOLDINGS INC	$150.82M	$8.00	$10.00	25.00%	Sell	4	0.12%	N/A	N/A	N/A
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	$9.39M	$0.14	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
VRE	VERIS RESIDENTIAL INC	$1.41B	$15.22	$14.00	-8.02%	Hold	1	2.96%	N/A	N/A	N/A
COLD	AMERICOLD REALTY TRUST	$6.49B	$22.86	$29.00	26.86%	Buy	8	6.87%	N/A	N/A	N/A
GOOD	GLADSTONE COMMERCIAL CORP	$583.99M	$14.58	$15.50	6.31%	Strong Buy	1	-0.17%	N/A	N/A	N/A
SOHO	SOTHERLY HOTELS INC	$28.38M	$1.43	N/A	N/A	N/A	N/A	4.98%	N/A	N/A	N/A
LRE	LEAD REAL ESTATE CO LTD	$45.97M	$3.37	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PGRE	PARAMOUNT GROUP INC	$1.04B	$4.79	$4.50	-6.05%	Hold	3	-8.00%	N/A	N/A	N/A
ONL	ORION OFFICE REIT INC	$187.16M	$3.35	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GIPR	GENERATION INCOME PROPERTIES INC	$21.14M	$3.90	$5.00	28.21%	Strong Buy	1	N/A	N/A	N/A	N/A
NXDT	NEXPOINT DIVERSIFIED REAL ESTATE TRUST	$224.80M	$5.83	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HOUS	ANYWHERE REAL ESTATE INC	$525.53M	$4.73	$6.13	29.49%	Strong Sell	4	5.77%	N/A	N/A	N/A
SRG	SERITAGE GROWTH PROPERTIES	$524.93M	$9.33	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
VTR	VENTAS INC	$19.20B	$47.44	$53.00	11.72%	Strong Buy	5	3.73%	N/A	N/A	N/A
STRS	STRATUS PROPERTIES INC	$187.12M	$23.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
OMH	OHMYHOME LTD	$11.55M	$0.51	$3.00	491.72%	Strong Buy	1	N/A	N/A	N/A	N/A
TPHS	TRINITY PLACE HOLDINGS INC	$8.80M	$0.14	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PEB	PEBBLEBROOK HOTEL TRUST	$1.72B	$14.30	$15.63	9.27%	Hold	4	3.07%	N/A	N/A	N/A
MDV	MODIV INDUSTRIAL INC	$140.57M	$14.87	$18.00	21.05%	Strong Buy	1	-0.49%	N/A	N/A	N/A
IVT	INVENTRUST PROPERTIES CORP	$1.70B	$24.99	$27.00	8.04%	Strong Buy	1	N/A	N/A	N/A	N/A
STHO	STAR HOLDINGS	$172.62M	$12.96	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MAYS	MAYS J W INC	$87.71M	$43.51	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SGD	SAFE & GREEN DEVELOPMENT CORP	$8.90M	$0.62	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PKST	PEAKSTONE REALTY TRUST	$488.86M	$13.45	$15.00	11.52%	Hold	1	5.27%	N/A	N/A	N/A
PW	POWER REIT	$1.42M	$0.42	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AIV	APARTMENT INVESTMENT & MANAGEMENT CO	$1.19B	$8.24	N/A	N/A	N/A	N/A	6.75%	N/A	N/A	N/A
FLJ	FLJ GROUP LTD	$0.00	$0.39	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DEI	DOUGLAS EMMETT INC	$2.33B	$13.93	$15.00	7.68%	Hold	2	0.52%	N/A	N/A	N/A
CBL	CBL & ASSOCIATES PROPERTIES INC	$708.08M	$21.94	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MDRR	MEDALIST DIVERSIFIED REIT INC	$12.19M	$5.45	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NYC	AMERICAN STRATEGIC INVESTMENT CO	$20.01M	$8.32	N/A	N/A	N/A	N/A	2.52%	N/A	N/A	N/A
CMTG	CLAROS MORTGAGE TRUST INC	$1.14B	$8.22	$9.50	15.57%	Hold	4	-6.70%	N/A	N/A	N/A
AHT	ASHFORD HOSPITALITY TRUST INC	$47.55M	$1.20	$2.50	108.33%	Hold	1	-8.10%	N/A	N/A	N/A

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	-0.70%	+0.25%	-9.62%	-11.30%	7.37x	1.18x	+22.88%	+14.70%	+5.79%	+7.99%	Buy
Real Estate - Diversified	5	+0.28%	+2.83%	+2.22%	-28.51%	16.93x	1.81x	-3.31%	-0.33%	+0.09%	+25.60%	Strong Buy
Real Estate Services	43	-0.20%	+3.73%	-4.17%	+2.30%	60.88x	2.57x	+5.00%	+2.48%	+3.95%	+20.41%	Buy
REIT - Diversified	19	-0.81%	+2.28%	-0.14%	-7.64%	9.50x	1.15x	+6.80%	+3.92%	N/A	+11.79%	Buy
REIT - Healthcare Facilities	17	+0.37%	+2.95%	+4.68%	+4.32%	27.47x	1.64x	+1.41%	+0.71%	N/A	+4.57%	Buy
REIT - Hotel & Motel	16	-2.18%	-1.35%	-9.77%	+2.05%	18.94x	1.37x	+32.75%	+3.81%	+0.00%	+22.13%	Buy
REIT - Industrial	17	-1.03%	+2.76%	-7.41%	-6.88%	29.67x	2.09x	+8.71%	+4.69%	+0.05%	+12.85%	Buy
REIT - Mortgage	38	-0.31%	+1.64%	-0.45%	+2.00%	21.07x	0.73x	+3.24%	+0.48%	N/A	+26.41%	Buy
REIT - Office	23	-1.00%	+1.01%	-4.40%	+12.23%	59.01x	0.89x	-0.19%	+0.01%	N/A	+13.16%	Hold
REIT - Residential	21	-0.93%	+2.92%	+2.17%	+0.20%	8.26x	2.34x	+7.99%	+3.68%	N/A	+4.17%	Buy
REIT - Retail	28	-0.28%	+2.40%	+0.76%	+9.85%	37.62x	1.87x	+26.02%	+3.56%	N/A	+10.29%	Buy
REIT - Specialty	19	-0.99%	+1.15%	-7.00%	-2.01%	46.64x	5.77x	+23.55%	+3.35%	+5.41%	+19.50%	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 return 3.26% over the past year, overperforming other real estate stocks by 4 percentage points.

Ke Holdings has an average 1 year price target of $21.45, an upside of 30.24% from Ke Holdings's current stock price of $16.47.

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. Lument Finance Trust (NYSE:LFT)

Lument Finance Trust (NYSE:LFT) is the second best real estate stock with a Zen Score of 53, which is 29 points higher than the real estate sector average of 24. It passed 20 out of 38 due diligence checks and has strong fundamentals. Lument Finance Trust has seen its stock return 35.29% over the past year, overperforming other real estate stocks by 36 percentage points.

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 -33.01% over the past year, underperforming other real estate stocks by -33 percentage points.

Community Healthcare Trust has an average 1 year price target of $30.33, an upside of 24.47% from Community Healthcare Trust's current stock price of $24.37.

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 22.56%, which is 16 percentage points higher than the real estate sector average of 6.72%. 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. Armour Residential Reit (NYSE:ARR)

Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 21.8%, which is 15 percentage points higher than the real estate sector average of 6.72%. 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. Granite Point Mortgage Trust (NYSE:GPMT)

Granite Point Mortgage Trust (NYSE:GPMT) has an annual dividend yield of 19.58%, which is 13 percentage points higher than the real estate sector average of 6.72%. 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.

Why are real estate stocks down?

Real estate stocks were down -0.7% in the last day, and up 2.18% over the last week. Equinix was the among the top losers in the real estate sector, dropping -2.69% yesterday.

Equinix shares are trading higher following Q1 earnings.

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 -14.29% 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 -18.42% in the past year. It has underperformed other stocks in the real estate sector by -18 percentage points.

3. Lument Finance Trust (NYSE:LFT)

Lument Finance Trust (NYSE:LFT) is the third most undervalued real estate stock based on WallStreetZen's Valuation Score. Lument Finance Trust 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.

Lument Finance Trust's stock has gained 35.29% in the past year. It has overperformed other stocks in the real estate sector by 36 percentage points.

Are real estate stocks a good buy now?

42.25% of real estate stocks rated by analysts are a buy right now. On average, analysts expect real estate stocks to rise by 13.99% 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 34.16x.

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.