Marketdash

Three Oversold Real Estate Stocks Worth Watching This Month

MarketDash Editorial Team
4 hours ago
When stocks get beaten down hard enough, they might present buying opportunities. These three real estate sector players are flashing oversold signals based on technical indicators, potentially setting up for a bounce.

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When stocks get hammered hard enough, they can cross into oversold territory—and that's where contrarian investors start paying attention. The real estate sector has a few names flashing technical signals that suggest they might have been sold off a bit too aggressively.

The Relative Strength Index (RSI) is a momentum indicator that measures how forcefully a stock moves up versus how forcefully it moves down. Think of it as a thermometer for price momentum. When the RSI drops below 30, the conventional wisdom says a stock is oversold, meaning it might be due for a bounce. It's not a crystal ball, but it gives traders a sense of whether the selling has gotten overdone in the short term.

Here are three real estate stocks currently hovering near or below that oversold threshold, each with its own story about why the market has been particularly unkind lately.

Hudson Pacific Properties Inc.

Hudson Pacific Properties Inc. (HPP) has had a rough stretch. On January 9, BMO Capital analyst John Kim downgraded the stock from Outperform to Market Perform and slashed the price target from $16 down to $11. That kind of analyst action doesn't exactly inspire confidence, and the stock has responded accordingly—falling around 20% over the past month. The shares are now trading near their 52-week low of $9.54.

RSI Value: 25.2

HPP Price Action: Shares of Hudson Pacific Properties fell 3.6% to close at $9.72 on Friday.

The stock carries a momentum score of 2.09, reflecting just how much downward pressure it's been under recently.

Marcus & Millichap Inc.

Marcus & Millichap Inc. (MMI) posted results back on November 7 that met expectations for the third quarter. President and CEO Hessam Nadji put a positive spin on things, saying the company "delivered solid third quarter results that reflect our strength in navigating ongoing market complexities." That's CEO-speak for "things are tough out there, but we're managing."

Despite the in-line results, the stock has shed around 6% over the past month and is currently trading near its 52-week low of $25.82. The market seems less impressed with the navigation skills than management would like.

RSI Value: 28.1

MMI Price Action: Shares of Marcus & Millichap fell 2.9% to close at $26.14 on Friday.

SBA Communications Corp.

SBA Communications Corp. (SBAC) got a reality check on December 16 when Wells Fargo analyst Eric Luebchow maintained an Equal-Weight rating but trimmed the price target from $215 to $205. The stock has dropped roughly 5% over the past five days and is now hovering near its 52-week low of $179.89.

RSI Value: 28.3

SBAC Price Action: Shares of SBA Communications fell 0.1% to close at $181.20 on Friday.

All three of these stocks are sending the same technical message: they've been beaten down hard enough that the momentum indicators are flashing potential reversal signals. Whether that translates into actual buying opportunities depends on whether the fundamental reasons for the selling have run their course or if there's more pain ahead. But for traders who watch these technical levels closely, these are the names lighting up the oversold watchlist right now.

Three Oversold Real Estate Stocks Worth Watching This Month

MarketDash Editorial Team
4 hours ago
When stocks get beaten down hard enough, they might present buying opportunities. These three real estate sector players are flashing oversold signals based on technical indicators, potentially setting up for a bounce.

Get Hudson Pacific Properties Alerts

Weekly insights + SMS alerts

When stocks get hammered hard enough, they can cross into oversold territory—and that's where contrarian investors start paying attention. The real estate sector has a few names flashing technical signals that suggest they might have been sold off a bit too aggressively.

The Relative Strength Index (RSI) is a momentum indicator that measures how forcefully a stock moves up versus how forcefully it moves down. Think of it as a thermometer for price momentum. When the RSI drops below 30, the conventional wisdom says a stock is oversold, meaning it might be due for a bounce. It's not a crystal ball, but it gives traders a sense of whether the selling has gotten overdone in the short term.

Here are three real estate stocks currently hovering near or below that oversold threshold, each with its own story about why the market has been particularly unkind lately.

Hudson Pacific Properties Inc.

Hudson Pacific Properties Inc. (HPP) has had a rough stretch. On January 9, BMO Capital analyst John Kim downgraded the stock from Outperform to Market Perform and slashed the price target from $16 down to $11. That kind of analyst action doesn't exactly inspire confidence, and the stock has responded accordingly—falling around 20% over the past month. The shares are now trading near their 52-week low of $9.54.

RSI Value: 25.2

HPP Price Action: Shares of Hudson Pacific Properties fell 3.6% to close at $9.72 on Friday.

The stock carries a momentum score of 2.09, reflecting just how much downward pressure it's been under recently.

Marcus & Millichap Inc.

Marcus & Millichap Inc. (MMI) posted results back on November 7 that met expectations for the third quarter. President and CEO Hessam Nadji put a positive spin on things, saying the company "delivered solid third quarter results that reflect our strength in navigating ongoing market complexities." That's CEO-speak for "things are tough out there, but we're managing."

Despite the in-line results, the stock has shed around 6% over the past month and is currently trading near its 52-week low of $25.82. The market seems less impressed with the navigation skills than management would like.

RSI Value: 28.1

MMI Price Action: Shares of Marcus & Millichap fell 2.9% to close at $26.14 on Friday.

SBA Communications Corp.

SBA Communications Corp. (SBAC) got a reality check on December 16 when Wells Fargo analyst Eric Luebchow maintained an Equal-Weight rating but trimmed the price target from $215 to $205. The stock has dropped roughly 5% over the past five days and is now hovering near its 52-week low of $179.89.

RSI Value: 28.3

SBAC Price Action: Shares of SBA Communications fell 0.1% to close at $181.20 on Friday.

All three of these stocks are sending the same technical message: they've been beaten down hard enough that the momentum indicators are flashing potential reversal signals. Whether that translates into actual buying opportunities depends on whether the fundamental reasons for the selling have run their course or if there's more pain ahead. But for traders who watch these technical levels closely, these are the names lighting up the oversold watchlist right now.