Top 10 Real Estate - Development Stocks to Watch in Aug 2024: Essential Guide for Investors

What 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

1. 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.

2. 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.

3. 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

1. 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$1.450B

   • Stock price performance in 2024: -13.43%

2. 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$554.700M

   • Stock price performance in 2024: -37.39%

3. 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$424.241M

   • Stock price performance in 2024: -10.96%

   • What's the latest news:

     Q2 Revenue Beats Estimates: Landsea Homes posted a Q2 revenue of $431.1M, surpassing street estimates of $336.6M.

     Q2 EPS Above Estimates: Landsea Homes reported a Q2 EPS of $0.36, beating street estimates of $0.32.

     High Performance Homes Launch: Landsea Homes launched its High Performance Homes in Dallas-Fort Worth, emphasizing sustainability and smart home features.

     Q2 Revenue $431.1M: Landsea Homes reported a Q2 revenue of $431.1 million.

     Q2 Adjusted EBITDA: Landsea Homes reported a Q2 adjusted EBITDA of $42.8 million.

4. 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$363.077M

   • Stock price performance in 2024: +8.12%

   • What's the latest news:

     LPA Earnings Date Set: LPA announces its Q2 2024 financial results reporting dates.

5. 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$256.450M

   • Stock price performance in 2024: +38.05%

6. 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$251.332M

   • Stock price performance in 2024: -10.41%

7. 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$209.361M

   • Stock price performance in 2024: -1.63%

   • What's the latest news:

     Bank Loan Concealment: Banks may be hiding bad property loans.

     Record High Home Prices: U.S. home prices continue to rise, setting new records.

8. Amrep(AXR.US)

   • Company overview

     AMREP Corp. engages in the real estate businesses. It focuses on the entitlement, development and sale of land for residential, commercial, and industrial uses. The firm operates through the following segments: Land Development, Homebuilding, and Corporate. The company was founded in 1961 and is headquartered in Havertown, PA.

   • Market value of Amrep(AXR.US): US$121.691M

   • Stock price performance in 2024: +4.78%

   • What's the latest news:

     Insider Stock Purchase: AMREP's major shareholder Rainey E. Lancaster purchased 10,000 shares, indicating confidence in the company's future.

     Stock Surges 36%: AMREP's stock price increased by 36% over the past month despite a high P/E ratio.

9. 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$23.396M

   • Stock price performance in 2024: -70.03%

10. Xinyuan Real Estate(XIN.US)

    • Company overview

      Xinyuan Real Estate Co. Ltd. is a holding company, which engages in the acquisition, investment, and development of real estate properties. It operates through the following geographical segments: Henan Region, Shandong Region, Shanghai Region, Sichuan Region, Beijing Region, Hainan Region, Hunan Region, Shaanxi Region, Guangdong Region, Hubei Region, Liaoning Region, and the United States. The company was founded by Yong Zhang and Yu Yan Yang in 1997 and is headquartered in Beijing, China.

    • Market value of Xinyuan Real Estate(XIN.US): US$15.687M

    • Stock price performance in 2024: +2.57%