5 Best Real Estate and Realty Stocks To Buy According to Analysts

In this article, we will be taking a look at the 5 best real estate and realty stocks to buy according to analysts. To read our detailed analysis of the real estate sector, you can go directly to see the 14 Best Real Estate and Realty Stocks To Buy According to Analysts.

5. VICI Properties Inc. (NYSE:VICI)

Average Analyst Price Target: $34.59

Upside Potential: 16.94%

Number of Hedge Fund Holders: 44

VICI Properties Inc. (NYSE:VICI) is an experiential REIT based in New York. It owns one of the largest portfolios of market-leading gaming, hospitality, and entertainment destinations.

Mizuho maintains a Buy rating and a $33 price target on VICI Properties Inc. (NYSE:VICI) as of January 10.

There were 44 hedge funds long VICI Properties Inc. (NYSE:VICI) in the fourth quarter, with a total stake value of $960.1 million.

4. Realty Income Corporation (NYSE:O)

Average Analyst Price Target: $62.11

Upside Potential: 18.89%

Number of Hedge Fund Holders: 27

Stifel maintains a Buy rating and a $65 price target on Realty Income Corporation (NYSE:O) as of February 21.

In total, 27 hedge funds were long Realty Income Corporation (NYSE:O) in the fourth quarter, with a total stake value of $332.5 million.

Realty Income Corporation (NYSE:O) is a retail REIT. It is based in San Diego, California.

3. Ventas, Inc. (NYSE:VTR)

Average Analyst Price Target: $53.56

Upside Potential: 21.73%

Number of Hedge Fund Holders: 22

Ventas, Inc. (NYSE:VTR) is a health care REIT. It is based in Chicago, Illinois.

A total of 22 hedge funds were long Ventas, Inc. (NYSE:VTR) in the fourth quarter, with a total stake value of $427.4 million.

As of January 30, Deutsche Bank holds a $60 price target and a Buy rating on Ventas, Inc. (NYSE:VTR).

Here’s what Baron Funds said about Ventas, Inc. (NYSE:VTR) in its third-quarter 2023 investor letter:

“We remain optimistic about our health care REIT investment in Ventas, Inc. (NYSE:VTR). Health care real estate fundamentals are improving (rent increases and occupancy gains) against a backdrop of muted supply growth in the next two to three years due to increasing financing and construction costs and supply-chain challenges. The long-term demand outlook is favorable, driven in part by an aging population, which is expected to accelerate in the years ahead. Despite our optimism for long-term prospects for health care real estate, we are closely monitoring near-term expense headwinds combined with a slower-than-expected recovery in leasing and occupancy.

2. SBA Communications Corporation (NASDAQ:SBAC)

Average Analyst Price Target: $264.63

Upside Potential: 27.05%

Number of Hedge Fund Holders: 41

SBA Communications Corporation (NASDAQ:SBAC) is a telecom tower REIT based in Boca Raton, Florida. The company is an independent owner of wireless communications infrastructure such as towers, buildings, and rooftops.

In the fourth quarter, 41 hedge funds were long SBA Communications Corporation (NASDAQ:SBAC), with a total stake value of $1.5 billion.

An Outperform rating and a $265 price target were maintained on SBA Communications Corporation (NASDAQ:SBAC) on February 27 by BMO Capital.

Baron Funds mentioned SBA Communications Corporation (NASDAQ:SBAC) in its third-quarter 2023 investor letter:

“We reduced our stake in long-term holding SBA Communications Corporation (NASDAQ:SBAC), which owns and operates cellular towers, on concerns that higher interest rates will increase its debt servicing costs and indications that its primary customers will spend less on upgrading their cellular networks.”

1. KE Holdings Inc (NYSE:BEKE)

Average Analyst Price Target: $21

Upside Potential: 58.13%

Number of Hedge Fund Holders: 39

At the end of the fourth quarter, 39 hedge funds held stakes in KE Holdings Inc (NYSE:BEKE), with a total stake value of $1.7 billion.

KE Holdings Inc (NYSE:BEKE) is a real estate services company based in China. It operates an integrated online and offline platform for housing transactions and services.

See also China’s Real Estate Bubble and 9 Other Predictions That Turned Out To Be Wrong and 10 Best Residential Real Estate Stocks To Buy.