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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
BEKE	KE HOLDINGS INC	China	$20.07B	3,595,215,393	12.84%	0.00%
LFT	LUMENT FINANCE TRUST INC	United States	$122.26M	52,248,631	19.45%	56.57%	Net Buying	Net Buying
CHCT	COMMUNITY HEALTHCARE TRUST INC	United States	$681.17M	27,701,196	87.69%	11.29%	Net Buying
IIPR	INNOVATIVE INDUSTRIAL PROPERTIES INC	United States	$3.09B	28,205,423	69.95%	3.73%	Net Selling
CUBE	CUBESMART	United States	$9.51B	224,972,363	90.22%	9.78%	Net Buying	Net Buying
CHCI	COMSTOCK HOLDING COMPANIES INC	United States	$75.06M	9,585,910	4.82%	95.18%
APLE	APPLE HOSPITALITY REIT INC	United States	$3.60B	242,346,188	85.09%	14.91%	Net Buying	Net Buying
EGP	EASTGROUP PROPERTIES INC	United States	$7.80B	48,144,312	91.66%	2.81%	Net Selling	Net Selling
RC	READY CAPITAL CORP	United States	$1.50B	172,554,524	55.82%	8.46%	Net Selling	Net Buying
SBAC	SBA COMMUNICATIONS CORP	United States	$21.06B	107,443,014	85.46%	14.54%	Net Selling	Net Selling
HASI	HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC	United States	$2.94B	112,431,024	95.68%	4.32%	Net Buying
GLPI	GAMING & LEISURE PROPERTIES INC	United States	$12.00B	271,500,584	58.08%	41.92%	Net Selling	Net Buying
SHO	SUNSTONE HOTEL INVESTORS INC	United States	$2.11B	203,674,398	96.33%	3.67%	Net Selling	Net Selling
HST	HOST HOTELS & RESORTS INC	United States	$13.20B	705,044,134	98.92%	1.08%	Net Selling	Net Selling
CBRE	CBRE GROUP INC	United States	$26.54B	306,824,423	66.56%	33.44%	Net Selling	Net Selling
NHI	NATIONAL HEALTH INVESTORS INC	United States	$2.85B	43,424,841	62.37%	9.45%	Net Buying	Net Buying
FCPT	FOUR CORNERS PROPERTY TRUST INC	United States	$2.22B	91,986,471	98.60%	1.32%	Net Selling
BFS	SAUL CENTERS INC	United States	$871.02M	23,981,695	45.96%	28.52%	Net Buying	Net Buying
SELF	GLOBAL SELF STORAGE INC	United States	$59.41M	11,146,179	29.13%	8.05%	Net Buying	Net Buying
ALEX	ALEXANDER & BALDWIN INC	United States	$1.21B	72,592,147	86.23%	8.72%	Net Selling
FPH	FIVE POINT HOLDINGS LLC	United States	$462.12M	148,592,048	27.80%	44.26%	Net Selling	Net Selling
LODE	COMSTOCK INC	United States	$34.70M	138,245,070	4.56%	95.44%	Net Buying
MITT	AG MORTGAGE INVESTMENT TRUST INC	United States	$200.42M	29,473,725	23.91%	7.59%	Net Buying	Net Buying
AAT	AMERICAN ASSETS TRUST INC	United States	$1.34B	60,893,698	73.73%	26.27%	Net Buying
O	REALTY INCOME CORP	United States	$47.91B	870,774,436	69.85%	0.39%	Net Selling	Net Selling
NSA	NATIONAL STORAGE AFFILIATES TRUST	United States	$2.75B	74,964,186	80.91%	19.09%	Net Buying
CSGP	COSTAR GROUP INC	United States	$37.76B	408,342,326	96.47%	1.38%	Net Selling	Net Selling
EXR	EXTRA SPACE STORAGE INC	United States	$30.34B	211,725,246	93.38%	6.62%	Net Buying	Net Buying
CTRE	CARETRUST REIT INC	United States	$3.53B	142,064,269	83.34%	2.50%	Net Selling
INVH	INVITATION HOMES INC	United States	$21.43B	612,535,649	84.35%	15.65%	Net Selling	Net Selling
KRG	KITE REALTY GROUP TRUST	United States	$4.74B	219,603,862	90.68%	1.42%	Net Selling	Net Selling
CCI	CROWN CASTLE INC	United States	$41.78B	434,523,224	75.31%	24.69%	Net Selling	Net Selling
RHP	RYMAN HOSPITALITY PROPERTIES INC	United States	$6.37B	59,890,393	85.84%	14.16%	Net Selling	Net Selling
VTMX	VESTA REAL ESTATE CORPORATION SAB DE CV	Mexico	$3.14B	884,800,000	1.53%	0.00%
KRC	KILROY REALTY CORP	United States	$3.98B	117,368,360	97.20%	2.80%	Net Selling
WY	WEYERHAEUSER CO	United States	$22.49B	729,017,000	83.05%	1.54%	Net Selling	Net Selling
EPRT	ESSENTIAL PROPERTIES REALTY TRUST INC	United States	$4.78B	175,306,386	88.59%	11.41%	Net Selling	Net Selling
NNN	NNN REIT INC	United States	$7.79B	183,349,467	89.47%	1.86%	Net Buying	Net Buying
ABR	ARBOR REALTY TRUST INC	United States	$2.54B	188,514,660	57.16%	13.60%	Net Selling	Net Selling
LAND	GLADSTONE LAND CORP	United States	$467.69M	35,838,442	46.14%	6.44%
PLD	PROLOGIS INC	United States	$99.77B	925,844,000	92.98%	0.71%	Net Selling	Net Selling
NMRK	NEWMARK GROUP INC	United States	$1.72B	172,670,000	45.15%	54.85%	Net Selling	Net Selling
SPG	SIMON PROPERTY GROUP INC	United States	$48.22B	325,943,826	89.05%	3.31%	Net Selling	Net Selling
ALX	ALEXANDERS INC	United States	$1.16B	5,107,290	30.27%	69.73%
UDR	UDR INC	United States	$12.83B	329,306,648	97.59%	1.36%	Net Selling	Net Selling
RMR	RMR GROUP INC	United States	$755.82M	31,730,629	38.42%	2.14%	Net Selling	Net Selling
EQIX	EQUINIX INC	United States	$67.36B	94,621,449	84.77%	15.23%	Net Selling	Net Selling
GTY	GETTY REALTY CORP	United States	$1.51B	53,967,143	79.51%	11.47%	Net Buying
TRNO	TERRENO REALTY CORP	United States	$4.83B	87,995,761	97.06%	2.94%	Net Selling	Net Selling
MAA	MID AMERICA APARTMENT COMMUNITIES INC	United States	$15.91B	116,826,006	93.32%	1.66%	Net Selling	Net Selling
DLR	DIGITAL REALTY TRUST INC	United States	$45.19B	312,426,614	99.69%	0.31%	Net Selling	Net Selling
LTC	LTC PROPERTIES INC	United States	$1.46B	43,475,389	68.59%	4.93%	Net Buying	Net Buying
HIW	HIGHWOODS PROPERTIES INC	United States	$2.82B	105,995,812	96.27%	3.73%	Net Buying	Net Buying
SKT	TANGER INC	United States	$3.08B	109,352,636	84.83%	4.19%	Net Selling	Net Selling
LAMR	LAMAR ADVERTISING CO	United States	$12.01B	102,240,694	55.37%	44.63%	Net Selling	Net Selling
RFL	RAFAEL HOLDINGS INC	United States	$39.34M	24,584,439	11.15%	38.65%	Net Buying	Net Selling
OPEN	OPENDOOR TECHNOLOGIES INC	United States	$1.56B	691,575,980	58.55%	37.82%	Net Selling	Net Selling
IRS	IRSA INVESTMENTS & REPRESENTATIONS INC	Argentina	$867.11M	811,137,457	1.18%	0.00%
VICI	VICI PROPERTIES INC	United States	$30.83B	1,043,181,591	97.54%	0.26%	Net Selling	Net Selling
FR	FIRST INDUSTRIAL REALTY TRUST INC	United States	$6.27B	132,341,354	95.29%	4.66%	Net Selling
REG	REGENCY CENTERS CORP	United States	$10.98B	184,779,092	87.49%	12.51%	Net Selling	Net Selling
ELS	EQUITY LIFESTYLE PROPERTIES INC	United States	$11.75B	186,495,861	91.91%	8.09%	Net Buying	Net Buying
DEA	EASTERLY GOVERNMENT PROPERTIES INC	United States	$1.23B	102,998,979	79.59%	16.02%	Net Buying
ROIC	RETAIL OPPORTUNITY INVESTMENTS CORP	United States	$1.60B	127,454,354	85.22%	14.78%	Net Selling
EQR	EQUITY RESIDENTIAL	United States	$25.28B	378,971,999	93.07%	3.22%	Net Buying	Net Buying
NXRT	NEXPOINT RESIDENTIAL TRUST INC	United States	$893.98M	25,674,313	74.56%	25.44%	Net Selling	Net Selling
ESS	ESSEX PROPERTY TRUST INC	United States	$16.54B	64,209,059	96.50%	1.02%	Net Selling	Net Buying
CUZ	COUSINS PROPERTIES INC	United States	$3.61B	152,071,718	87.77%	12.23%	Net Buying	Net Buying
SITC	SITE CENTERS CORP	United States	$2.93B	209,543,106	82.00%	18.00%	Net Selling	Net Selling
AMH	AMERICAN HOMES 4 RENT	United States	$13.36B	366,322,046	79.01%	20.99%	Net Selling	Net Selling
AMT	AMERICAN TOWER CORP	United States	$84.65B	466,975,019	92.63%	0.56%	Net Selling	Net Selling
GMRE	GLOBAL MEDICAL REIT INC	United States	$555.42M	65,574,549	42.17%	57.83%
ARE	ALEXANDRIA REAL ESTATE EQUITIES INC	United States	$20.94B	174,883,138	96.37%	1.59%	Net Selling	Net Selling
ADC	AGREE REALTY CORP	United States	$5.96B	100,625,948	97.89%	2.11%	Net Buying	Net Buying
AVB	AVALONBAY COMMUNITIES INC	United States	$27.85B	142,185,893	84.36%	15.64%	Net Selling	Net Selling
FPI	FARMLAND PARTNERS INC	United States	$538.37M	48,154,991	57.86%	10.64%	Net Buying	Net Buying
CPT	CAMDEN PROPERTY TRUST	United States	$11.29B	106,535,189	97.10%	2.90%	Net Buying	Net Buying
PCH	POTLATCHDELTIC CORP	United States	$3.37B	79,508,000	85.92%	7.02%	Net Selling	Net Selling
OHI	OMEGA HEALTHCARE INVESTORS INC	United States	$7.64B	247,098,960	64.67%	9.20%	Net Buying	Net Buying
SBRA	SABRA HEALTH CARE REIT INC	United States	$3.41B	231,476,751	90.75%	2.63%	Net Selling	Net Selling
STAG	STAG INDUSTRIAL INC	United States	$6.45B	182,079,559	88.40%	0.26%	Net Selling	Net Buying
REXR	REXFORD INDUSTRIAL REALTY INC	United States	$9.82B	217,821,430	97.70%	0.48%	Net Selling	Net Selling
AFCG	AFC GAMMA INC	United States	$255.24M	20,667,094	26.49%	58.38%	Net Buying
UE	URBAN EDGE PROPERTIES	United States	$2.05B	118,815,093	94.78%	3.42%	Net Selling	Net Selling
CTO	CTO REALTY GROWTH INC	United States	$395.60M	22,946,442	55.96%	44.04%	Net Selling	Net Buying
DRH	DIAMONDROCK HOSPITALITY CO	United States	$1.83B	210,064,433	95.38%	4.62%	Net Selling	Net Selling
OPAD	OFFERPAD SOLUTIONS INC	United States	$184.02M	27,301,933	6.70%	93.30%	Net Buying	Net Selling
FOR	FORESTAR GROUP INC	United States	$1.73B	50,602,722	34.99%	3.06%	Net Selling	Net Selling
BRX	BRIXMOR PROPERTY GROUP INC	United States	$6.74B	301,298,764	34.60%	65.40%	Net Selling	Net Selling
RITM	RITHM CAPITAL CORP	United States	$5.47B	483,477,713	44.86%	1.29%	Net Selling	Net Selling
AEI	ALSET INC	United States	$4.88M	9,235,119	2.08%	97.92%	Net Buying
PMT	PENNYMAC MORTGAGE INVESTMENT TRUST	United States	$1.27B	86,845,447	66.98%	3.26%	Net Selling	Net Selling
LOAN	MANHATTAN BRIDGE CAPITAL INC	United States	$56.74M	11,438,651	21.82%	25.24%	Net Buying
UMH	UMH PROPERTIES INC	United States	$1.11B	70,404,159	72.36%	10.98%	Net Buying	Net Buying
EPR	EPR PROPERTIES	United States	$3.14B	75,672,637	74.39%	4.80%	Net Selling	Net Selling
RYN	RAYONIER INC	United States	$4.42B	148,877,048	89.04%	4.33%	Net Selling	Net Selling
STRW	STRAWBERRY FIELDS REIT INC	United States	$63.71M	6,474,175	1.97%	7.59%	Net Buying
JLL	JONES LANG LASALLE INC	United States	$9.05B	47,560,547	94.94%	2.63%	Net Selling	Net Selling
AGNC	AGNC INVESTMENT CORP	United States	$6.92B	726,929,217	36.56%	0.96%	Net Selling	Net Selling
EQC	EQUITY COMMONWEALTH	United States	$2.04B	107,296,601	92.67%	7.33%	Net Selling	Net Selling

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	-0.25%	+0.39%	-8.97%	-10.76%	7.36x	1.19x	+23.07%	+14.80%	+5.75%	+7.01%	Buy
Real Estate - Diversified	5	+0.07%	+2.15%	+1.94%	-28.71%	17.20x	1.78x	-2.37%	-0.14%	+0.08%	+26.72%	Strong Buy
Real Estate Services	43	+0.35%	+3.64%	-3.98%	+2.54%	61.69x	2.60x	+4.97%	+2.48%	+3.94%	+20.67%	Buy
REIT - Diversified	19	+0.64%	+3.33%	+0.67%	-6.89%	9.64x	1.16x	+6.79%	+3.92%	N/A	+11.10%	Buy
REIT - Healthcare Facilities	17	+0.57%	+2.47%	+4.30%	+3.88%	31.83x	1.63x	+1.37%	+0.70%	N/A	+5.08%	Buy
REIT - Hotel & Motel	16	+0.45%	+0.74%	-7.76%	+4.33%	19.22x	1.40x	+32.69%	+3.81%	+0.00%	+19.30%	Buy
REIT - Industrial	17	+1.45%	+4.85%	-6.45%	-5.92%	30.20x	2.13x	+8.70%	+4.68%	+0.03%	+11.70%	Buy
REIT - Mortgage	38	-0.45%	+3.93%	-0.14%	+2.31%	19.58x	0.73x	+2.96%	+0.46%	N/A	+26.26%	Buy
REIT - Office	23	-1.41%	+1.13%	-3.43%	+13.36%	60.17x	0.90x	-0.18%	+0.01%	N/A	+11.88%	Hold
REIT - Residential	21	+0.29%	+3.90%	+3.13%	+1.14%	8.73x	2.36x	+8.04%	+3.67%	N/A	+3.13%	Buy
REIT - Retail	28	+0.57%	+3.18%	+1.05%	+10.16%	38.00x	1.88x	+25.94%	+3.56%	N/A	+9.41%	Buy
REIT - Specialty	19	+1.52%	+2.01%	-6.07%	-1.03%	46.73x	5.79x	+23.43%	+3.35%	+5.40%	+18.31%	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 5.08% 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 27.98% from Ke Holdings's current stock price of $16.76.

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 37.65% over the past year, overperforming other real estate stocks by 37 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 -32.41% 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 23.36% from Community Healthcare Trust's current stock price of $24.59.

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. Armour Residential Reit (NYSE:ARR)

Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 21.89%, which is 15 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.

2. Office Properties Income Trust (NASDAQ:OPI)

Office Properties Income Trust (NASDAQ:OPI) has an annual dividend yield of 20.88%, which is 14 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.

3. Orchid Island Capital (NYSE:ORC)

Orchid Island Capital (NYSE:ORC) has an annual dividend yield of 19.25%, which is 13 percentage points higher than the real estate sector average of 6.67%. Orchid Island Capital's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Orchid Island Capital's dividend has not shown consistent growth over the last 10 years.

Orchid Island Capital's dividend payout ratio of -422.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are real estate stocks up?

Real estate stocks were up 0.62% in the last day, and up 3.04% over the last week. Realpha Tech was the among the top gainers in the real estate sector, gaining 35.36% yesterday.

ReAlpha Tech shares are trading higher after the company announced the completion of its previously announced acquisition of Naamche.

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 -13.94% 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 -18.21% in the past year. It has underperformed other stocks in the real estate sector by -19 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 37.65% in the past year. It has overperformed other stocks in the real estate sector by 37 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 13.14% 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 34.83x.

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.