Benzinga | Jan 4, 2021 10:11AM EST

Overview Of Value Stocks In The Real Estate Sector

What is a Value Stock?

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Benzinga Insights has compiled a list of value stocks in the real estate sector that may be worth watching:

2 CoreCivic (NYSE:CXW) - P/E: 6.3

4 IRSA Propiedades (NASDAQ:IRCP) - P/E: 0.91

6 Comstock Holding Co (NASDAQ:CHCI) - P/E: 7.2

8 Kimco Realty (NYSE:KIM) - P/E: 7.43

10 GEO Gr (NYSE:GEO) - P/E: 7.64

CoreCivic has reported Q3 earnings per share at 0.52, which has decreased by 7.14% compared to Q2, which was 0.56. The company's most recent dividend yield sits at 10.5%, which has decreased by 1.16% from 11.66% last quarter.

IRSA Propiedades's earnings per share for Q4 sits at 2.21, whereas in Q3, they were at -0.17. IRSA Propiedades does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

Comstock Holding Co's earnings per share for Q3 sits at 0.05, whereas in Q2, they were at 0.14. Comstock Holding Co does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.

This quarter, Kimco Realty experienced an increase in earnings per share, which was 0.24 in Q2 and is now 0.25. Its most recent dividend yield is at 4.4%, which has increased by 1.06% from 3.34% in the previous quarter.

GEO Gr's earnings per share for Q3 sits at 0.52, whereas in Q2, they were at 0.51. The company's most recent dividend yield sits at 12.02%, which has decreased by 5.0% from 17.02% last quarter.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.