Top 10 Real Estate - Development Stocks to Watch in Nov 2024: Essential Guide for Investors
Nov 21, 2024 03:07What are Real Estate - Development Stocks?
The Real Estate sector is a crucial component of the global economy, encompassing the buying, selling, managing, and investing of residential, commercial, and industrial properties. This sector not only provides spaces for living and working but also serves as a vital source of capital appreciation and income for investors. With the acceleration of urbanization and population growth, the real estate market continues to demonstrate strong growth potential.
Key Aspects of Real Estate Stocks
Residential Real Estate Companies:
- These companies primarily engage in the development, sale, and management of residential properties.
- Examples: D.R. Horton, Lennar Corporation, and PulteGroup.
Commercial Real Estate Developers:
- Focus on the development and management of shopping centers, office buildings, and other commercial properties.
- Examples: Simon Property Group, Boston Properties, and Vornado Realty Trust.
Real Estate Investment Trusts (REITs):
- Provide investors with opportunities to participate in large-scale real estate investments, often involving diverse property types.
- Examples: Prologis, American Tower Corporation, and Public Storage.
10 Top Real Estate - Development Stocks
Century Communities(CCS.US)
Company overview
Century Communities, Inc. engages in the development, design, construction, marketing and sale of single-family attached and detached homes. It operates through the following segments: West, Mountain, Texas, Southeast, Century Complete, and Financial Services. The West segment refers to projects in California and Washington. The Mountain segment represents projects in Arizona, Colorado, Nevada and Utah. The Texas segment is composed of projects in Houston, San Antonio and Austin. The Southeast segment consists of projects in Florida, Georgia, North Carolina, South Carolina and Tennessee. The Century Complete segment includes the revenue from the company's Century Complete brand, which has operations over 11 states. The Financial Services segment provides mortgage, title, and insurance services to homebuyers. The company was founded by Dale Francescon and Robert J. Francescon in 2002 and is headquartered in Greenwood Village, CO.
Market value of Century Communities(CCS.US): US$2.705B
Stock price performance in 2024: -4.46%
What's the latest news:
Stock down 4.5% this week: Despite a 16% drop in the past month, Century Communities has provided shareholders with a 217% return over five years.
Hold rating maintained: Seaport Global analyst Kenneth Zener continues to hold a rating on Century Communities.
Hold rating reaffirmed: Seaport Global reaffirms a Hold rating on Century Communities, with the stock closing at $87.68 yesterday.
Quarterly dividend of $0.26: Century Communities announces a quarterly dividend of $0.26 per share.
Forestar Group(FOR.US)
Company overview
Forestar Group, Inc. is a residential lot development company, which engages in the acquisition of entitled real estate properties. It also develops finished residential lots for sale to homebuilders. The company was founded in 2007 and is headquartered in Arlington, TX.
Market value of Forestar Group(FOR.US): US$1.467B
Stock price performance in 2024: -12.46%
What's the latest news:
Annual Report Issued: Forestar Group has released its FY2024 annual report.
FY2024 Results Announced: Forestar Group announced its Q4 and full-year financial results for FY2024.
Equity Distribution Deal: Forestar Group enters a $300 million equity distribution agreement.
Murano Global Investments(MRNO.US)
Company overview
Murano Global Investments Plc is a real estate company, which owns, develops and invests in hotel, resort and commercial properties. It focuses on capturing value at all stages of the real estate cycle. The company is headquartered in London, the United Kingdom.
Market value of Murano Global Investments(MRNO.US): US$737.751M
Stock price performance in 2024: -16.73%
Landsea Homes(LSEA.US)
Company overview
Landsea Homes Corp. provides building construction services. It has developed homes and communities in California, Metro New York, Boston, New Jersey, Arizona, Florida, and Texas. The company was founded in 2013 and is headquartered in Newport Beach, CA.
Market value of Landsea Homes(LSEA.US): US$384.163M
Stock price performance in 2024: -19.41%
Five Point Holdings(FPH.US)
Company overview
Five Point Holdings LLC engages in the development and design of mixed-use, master-planned communities that combine residential, commercial, retail, educational, and recreational elements with public amenities. It operates through the following segments: Valencia, San Francisco, Great Park, and Commercial. The Valencia segment includes the community of Valencia along the Santa Clara River in the western portion of the Santa Clarita Valley. The property is located approximately 35 miles northwest of downtown Los Angeles, 15 miles north of the San Fernando Valley and is adjacent to the city of Santa Clarita. The San Francisco segment involves the Candlestick Point and the San Francisco Shipyard communities located on bay front property in the city of San Francisco, California. The Great Park segment refers to the Great Park neighborhoods being developed adjacent to and around the Orange County Great Park, a metropolitan park under construction in Orange County, California. The Commercial segment consists of the Five Point Gateway Campus, an office and research and development campus within the Great Park Neighborhoods, consisting of four newly constructed buildings. The company was founded on July 21, 2009 and is headquartered in Irvine, CA.
Market value of Five Point Holdings(FPH.US): US$271.632M
Stock price performance in 2024: +27.69%
Smith Douglas Homes(SDHC.US)
Company overview
Smith Douglas Homes Corp. engages in the business of designing, construction, and sale of single-family homes. The firm offers homes with single-level living, modern villas, and townhomes, functional two and three-story homes, with extra space for conveniences like laundry, flex offices, and lofts upstairs. It operates through the following geographical segments: Alabama, Atlanta, Charlotte, Houston, Nashville, and Raleigh. The company was founded by Thomas L. Bradbury in 2008 and is headquartered in Woodstock, GA.
Market value of Smith Douglas Homes(SDHC.US): US$270.250M
Stock price performance in 2024: +45.48%
What's the latest news:
Q3 2024 Earnings: Smith Douglas Homes reported Q3 2024 pretax income of $39.6 million, with earnings per share of $0.58.
Q3 Net Profit Drop: In Q3 2024, Smith Douglas Homes saw a net profit of $5.35 million, a decrease of 84.23% year-over-year.
Belpointe PREP(OZ.US)
Company overview
Belpointe PREP LLC operates as a real estate company. It focuses on identifying, acquiring, developing or redeveloping and managing commercial real estate located within qualified opportunity zones. The company was founded on January 24, 2020 and is headquartered in Greenwich, CT.
Market value of Belpointe PREP(OZ.US): US$261.735M
Stock price performance in 2024: -9.58%
What's the latest news:
Q3 2024 Earnings: Belpointe PREP releases its Q3 2024 earnings report.
Logistic Properties Of The Americas(LPA.US)
Company overview
Logistic Properties of the Americas develops, builds and operates logistic real estate properties. The company was headquartered in San Rafael de Escazu, Costa Rica.
Market value of Logistic Properties Of The Americas(LPA.US): US$205.162M
Stock price performance in 2024: -38.90%
What's the latest news:
Q3 2024 Earnings: Logistic Properties of the Americas announces Q3 2024 unaudited financial results, showcasing continued double-digit revenue growth.
Strong Q3 2024 Growth: Logistic Properties of the Americas reports a significant 10.4% revenue increase in Q3 2024, with notable rises in Net Operating Income and net earnings.
EPS at 15 cents: Logistic Properties of the Americas reports a third-quarter earnings per share of 15 cents.
6-K Report Filed: Logistic Properties of the Americas files a 6-K report related to financial reporting.
6-K Report Filed: Logistic Properties of the Americas files a 6-K report related to financial reporting.
Amrep(AXR.US)
Company overview
AMREP Corp. engages in the provision of real estate. It operates through the following segments: Land Development, Homebuilding, and Corporate. The Land Development segment offers for sale both developed and undeveloped real property to national, regional, and local homebuilders, commercial and industrial property developers, and others. The Homebuilding segment operates homebuilder in New Mexico, which offers home floor plans and elevations. The company was founded in 1961 and is headquartered in Havertown, PA.
Market value of Amrep(AXR.US): US$198.068M
Stock price performance in 2024: +70.51%
Lead Real Estate(LRE.US)
Company overview
Lead Real Estate Co., Ltd. operates as a real estate company. It develops residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. The firm also operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. The company was founded by Eiji Nagahara in March 2001 and is headquartered in Tokyo, Japan.
Market value of Lead Real Estate(LRE.US): US$29.057M
Stock price performance in 2024: -62.89%
What's the latest news:
Earnings Report Alert: Lead Real Estate to release financial report on November 21, investors take note.
FY 2024 Results Meeting: Lead Real Estate to discuss FY 2024 results on November 22.
Financial Results Call: Lead Real Estate to host a conference call on November 22 to discuss FY 2024 financial results.
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