Best Real Estate Stocks for Joel Greenblatt Investors
Top 25 real estate stocks ranked by their Joel Greenblatt fit score, every score computed from current financials against published criteria. Updated daily.
How We Rank These
Each stock is scored on a 0–100 scale across the Joel Greenblatt criteria (moat, durability, valuation, financial health, capital allocation). The score is a deterministic function of the company's TTM financials, no opinion, no hand-tuning. Rows with insufficient data are excluded.
The Top 25
- #188/100TRNOTerreno Realty Corporation88/100
High-quality business at a cheap price - strong Magic Formula fit.
Mkt cap
$6.94B
ROIC
65.57%
- #285/100UEUrban Edge Properties85/100
High-quality business at a cheap price - strong Magic Formula fit.
Mkt cap
$2.62B
ROIC
52.7%
- #373/100GTYGetty Realty Corp.73/100
High-quality business at a cheap price - strong Magic Formula fit.
Mkt cap
$1.85B
ROIC
44.61%
- #467/100MRPMillrose Properties, Inc.67/100
High-quality business at a cheap price - strong Magic Formula fit.
Mkt cap
$4.21B
ROIC
1.56%
- #567/100IIPRInnovative Industrial Properties, Inc.67/100
High-quality business at a cheap price - strong Magic Formula fit.
Mkt cap
$1.56B
ROIC
129.07%
- #660/100EFCEllington Financial Inc.60/100
Partial match - either cheap or high-quality, but not both.
Mkt cap
$1.54B
ROIC
7.79%
- #758/100ECGEverus Construction Group, Inc.58/100
Partial match: either cheap or high-quality, but not both.
Mkt cap
$5.4B
ROIC
19.9%
- #849/100LGIHLGI Homes, Inc.49/100
Partial match: either cheap or high-quality, but not both.
Mkt cap
$966.7M
ROIC
1.53%
- #948/100MHOM/I Homes, Inc.48/100
Partial match: either cheap or high-quality, but not both.
Mkt cap
$3.12B
ROIC
36.77%
- #1045/100KWKennedy-Wilson Holdings, Inc.45/100
Partial match - either cheap or high-quality, but not both.
Mkt cap
$1.52B
ROIC
0.43%
- #1145/100CBRECBRE Group, Inc.45/100
Partial match - either cheap or high-quality, but not both.
Mkt cap
$35.65B
ROIC
5.87%
- #1244/100MTHMeritage Homes Corporation44/100
Partial match: either cheap or high-quality, but not both.
Mkt cap
$4.04B
ROIC
30.21%
- #1344/100INVHInvitation Homes Inc.44/100
Partial match - either cheap or high-quality, but not both.
Mkt cap
$15.8B
ROIC
4.76%
- #1443/100NVRNVR, Inc.43/100
Low Magic Formula score: expensive, low ROIC, or both.
Mkt cap
$15.44B
ROIC
25.79%
- #1543/100JOEThe St. Joe Company43/100
Partial match - either cheap or high-quality, but not both.
Mkt cap
$3.88B
ROIC
7.75%
- #1641/100CURBCurbline Properties Corp.41/100
Partial match - either cheap or high-quality, but not both.
Mkt cap
$3.41B
ROIC
1.28%
- #1740/100BZHBeazer Homes USA, Inc.40/100
Partial match: either cheap or high-quality, but not both.
Mkt cap
$893.23M
ROIC
-0.17%
- #1838/100HOVHovnanian Enterprises, Inc.38/100
Low Magic Formula score: expensive, low ROIC, or both.
Mkt cap
$594.98M
ROIC
3.06%
- #1937/100FORForestar Group Inc.37/100
Low Magic Formula score - expensive, low ROIC, or both.
Mkt cap
$1.32B
ROIC
-2.37%
- #2031/100GRBKGreen Brick Partners, Inc.31/100
Low Magic Formula score: expensive, low ROIC, or both.
Mkt cap
$2.71B
ROIC
13.52%
- #2130/100AHHAH Realty Trust, Inc.30/100
Low Magic Formula score - expensive, low ROIC, or both.
Mkt cap
-
ROIC
-
- #2230/100FPHFive Point Holdings, LLC30/100
Low Magic Formula score - expensive, low ROIC, or both.
Mkt cap
$604.92M
ROIC
-0.25%
- #2330/100PHMPulteGroup, Inc.30/100
Low Magic Formula score: expensive, low ROIC, or both.
Mkt cap
$22.8B
ROIC
13.3%
- #2426/100DFHDream Finders Homes, Inc.26/100
Low Magic Formula score: expensive, low ROIC, or both.
Mkt cap
$880M
ROIC
4.62%
- #2525/100JLLJones Lang LaSalle Incorporated25/100
Low Magic Formula score - expensive, low ROIC, or both.
Mkt cap
$15.34B
ROIC
7.96%