Most Affordable Stocks In The Real Estate Sector: Uniti Group, CBL & Associates Properties And More

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Easterly Government Properties, Inc. DEA

BMO Capital recently downgraded Easterly Government Props from Market Perform to Underperform and lowersed the price target from $18 to $14. The company’s stock has a 52-week low of $13.82 .
RSI Value: 28.26
DEA Price Action: Shares of Easterly Government Properties fell 0.9% to settle at $13.85 on Tuesday, and gained 1.6% in the after-hours trading session.

Uniti Group Inc. UNIT

CTI Towers, last month, announced acquisition of 180 wireless towers from Uniti Group. The company’s stock has a 52-week low of $5.34.
RSI Value: 29.29
UNIT Price Action: Shares of Uniti Group fell 0.6% to close at $5.46 on Tuesday and added 1.3% in after-hours trading.

Farmland Partners Inc. FPI

Farmland Partners recently purchased Texas Farm for $12.1 million. The company’s stock has a 52-week low of $10.62.
RSI Value: 22.16
FPI Price Action: Shares of Farmland Partners fell 0.1% to close at $11.82 on Tuesday and declined 0.1% in after-hours trading.

Sotherly Hotels Inc. SOHO

Sotherly Hotels, last month, reported weaker-than-expected sales for its third quarter. The company’s 52-week low is $1.48.
RSI Value: 28.88
SOHO Price Action: Shares of Sotherly Hotels gained 0.6% to close at $1.78 on Tuesday.

CBL & Associates Properties, Inc. CBL

CBL Properties, last month, declared a special common stock dividend of $2.20 per share. The company has a 52-week low of $21.66.
RSI Value: 24.96
CBL Price Action: Shares of CBL & Associates Properties gained 0.6% to settle at $24.15 on Tuesday, and lost 0.1% in the after-hours trading session.