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)
CLDT	CHATHAM LODGING TRUST	United States	$449.47M	48,908,369	88.23%	3.06%	Net Buying
OUT	OUTFRONT MEDIA INC	United States	$2.51B	165,885,759	62.44%	37.56%	Net Selling	Net Selling
BHM	BLUEROCK HOMES TRUST INC	United States	$65.14M	3,879,754	24.81%	24.00%	Net Buying
XIN	XINYUAN REAL ESTATE CO LTD	China	$14.21M	108,029,257	0.00%	0.00%
NLY	ANNALY CAPITAL MANAGEMENT INC	United States	$9.83B	500,440,023	51.48%	1.17%	Net Selling	Net Selling
RLJ	RLJ LODGING TRUST	United States	$1.66B	155,900,602	89.37%	10.63%	Net Selling	Net Buying
UNIT	UNITI GROUP INC	United States	$932.20M	240,257,455	86.91%	7.71%	Net Selling	Net Selling
NLOP	NET LEASE OFFICE PROPERTIES	United States	$360.17M	14,785,118	58.72%	0.72%	Net Selling	Net Buying
PDM	PIEDMONT OFFICE REALTY TRUST INC	United States	$861.04M	123,891,340	71.16%	28.84%	Net Selling	Net Selling
OPI	OFFICE PROPERTIES INCOME TRUST	United States	$121.39M	48,749,942	64.30%	5.27%	Net Selling
RWT	REDWOOD TRUST INC	United States	$832.88M	131,577,032	74.26%	3.54%	Net Buying	Net Buying
CSR	CENTERSPACE	United States	$1.04B	14,912,055	69.89%	30.11%	Net Selling	Net Buying
SLG	SL GREEN REALTY CORP	United States	$3.32B	64,805,769	89.83%	0.84%	Net Selling	Net Selling
ILPT	INDUSTRIAL LOGISTICS PROPERTIES TRUST	United States	$273.20M	65,831,530	49.08%	1.93%	Net Buying
FRPH	FRP HOLDINGS INC	United States	$580.66M	19,000,600	22.60%	40.29%	Net Buying
ESRT	EMPIRE STATE REALTY TRUST INC	United States	$1.55B	165,019,337	64.38%	35.62%
FSP	FRANKLIN STREET PROPERTIES CORP	United States	$200.65M	103,430,353	56.16%	14.27%	Net Buying	Net Buying
AIRC	APARTMENT INCOME REIT CORP	United States	$5.60B	144,917,372	99.55%	0.45%	Net Buying	Net Buying
GRP.U	GRANITE REAL ESTATE INVESTMENT TRUST	Canada	$3.21B	63,355,771	57.16%	0.00%
INN	SUMMIT HOTEL PROPERTIES INC	United States	$678.37M	108,192,206	91.27%	6.57%
HHH	HOWARD HUGHES HOLDINGS INC	United States	$3.33B	50,256,371	60.19%	39.81%	Net Buying	Net Selling
NTST	NETSTREIT CORP	United States	$1.28B	73,366,371	99.51%	0.49%	Net Selling	Net Selling
HPP	HUDSON PACIFIC PROPERTIES INC	United States	$736.77M	141,144,592	76.55%	23.45%	Net Buying	Net Buying
ALBT	AVALON GLOBOCARE CORP	United States	$2.99M	11,104,534	0.25%	99.75%
MAC	MACERICH CO	United States	$3.29B	215,720,093	66.53%	33.47%	Net Selling	Net Selling
COLD	AMERICOLD REALTY TRUST	United States	$6.42B	283,784,221	58.11%	41.89%	Net Selling	Net Selling
VRE	VERIS RESIDENTIAL INC	United States	$1.42B	92,583,859	80.62%	19.38%	Net Selling	Net Selling
GOOD	GLADSTONE COMMERCIAL CORP	United States	$576.78M	40,054,308	45.64%	1.64%	Net Buying
RMAX	RE/MAX HOLDINGS INC	United States	$152.14M	18,852,858	65.67%	34.33%	Net Buying	Net Buying
WHLR	WHEELER REAL ESTATE INVESTMENT TRUST INC	United States	$9.18M	68,023,718	35.12%	7.24%	Net Selling
PGRE	PARAMOUNT GROUP INC	United States	$1.05B	217,329,254	65.58%	16.43%	Net Buying
SOHO	SOTHERLY HOTELS INC	United States	$27.99M	19,849,165	20.29%	20.27%	Net Selling
LRE	LEAD REAL ESTATE CO LTD	Japan	$45.97M	13,641,900	0.00%	0.00%
GIPR	GENERATION INCOME PROPERTIES INC	United States	$21.03M	5,419,586	2.96%	10.37%	Net Buying
STRS	STRATUS PROPERTIES INC	United States	$188.33M	8,065,322	53.60%	27.08%	Net Selling	Net Selling
VTR	VENTAS INC	United States	$19.08B	404,773,758	65.92%	34.08%	Net Selling	Net Selling
HOUS	ANYWHERE REAL ESTATE INC	United States	$554.42M	111,106,672	93.29%	6.71%	Net Selling	Net Selling
SRG	SERITAGE GROWTH PROPERTIES	United States	$527.75M	56,262,944	43.72%	56.28%	Net Selling	Net Selling
NXDT	NEXPOINT DIVERSIFIED REAL ESTATE TRUST	United States	$236.76M	38,559,520	52.75%	13.56%	Net Buying	Net Buying
OMH	OHMYHOME LTD	Singapore	$11.42M	22,785,110	0.52%	0.00%
TPHS	TRINITY PLACE HOLDINGS INC	United States	$8.55M	63,793,850	33.74%	63.31%	Net Selling
MDV	MODIV INDUSTRIAL INC	United States	$140.09M	9,453,005	7.96%	11.24%	Net Buying	Net Selling
IVT	INVENTRUST PROPERTIES CORP	United States	$1.71B	67,874,528	61.64%	0.75%	Net Selling	Net Selling
PEB	PEBBLEBROOK HOTEL TRUST	United States	$1.77B	120,503,501	98.50%	1.50%	Net Buying	Net Selling
SGD	SAFE & GREEN DEVELOPMENT CORP	United States	$5.60M	14,351,248	1.87%	56.05%	Net Selling	Net Selling
STHO	STAR HOLDINGS	United States	$174.75M	13,319,552	73.51%	13.72%	Net Selling	Net Selling
PW	POWER REIT	United States	$1.46M	3,389,661	10.79%	60.39%
FLJ	FLJ GROUP LTD	China	$0.00	2,837,892,046,400	1.48%	0.00%
DEI	DOUGLAS EMMETT INC	United States	$2.30B	167,351,920	67.26%	32.74%	Net Selling
PKST	PEAKSTONE REALTY TRUST	United States	$499.77M	36,346,621	39.07%	1.97%	Net Buying	Net Buying
MAYS	MAYS J W INC	United States	$87.71M	2,015,780	3.21%	59.98%	Net Buying
CBL	CBL & ASSOCIATES PROPERTIES INC	United States	$699.04M	32,273,350	60.44%	39.56%	Net Buying	Net Buying
NYC	AMERICAN STRATEGIC INVESTMENT CO	United States	$19.26M	2,404,639	1.39%	38.36%	Net Buying
ONL	ORION OFFICE REIT INC	United States	$188.55M	55,783,548	74.38%	1.61%	Net Selling	Net Selling
CMTG	CLAROS MORTGAGE TRUST INC	United States	$1.20B	138,746,691	79.02%	15.79%	Net Selling
MDRR	MEDALIST DIVERSIFIED REIT INC		$12.19M	2,236,631	1.50%	98.50%	Net Buying	Net Buying
AIV	APARTMENT INVESTMENT & MANAGEMENT CO	United States	$1.20B	144,811,666	83.26%	4.96%	Net Selling
AHT	ASHFORD HOSPITALITY TRUST INC	United States	$48.74M	39,625,211	29.57%	22.68%	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.