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Sectors & IndustriesReal EstateREIT - Diversified
Best Diversified REIT Stocks to Buy Now (2024)
Top diversified reit stocks in 2024 ranked by overall Zen Score. See the best diversified reit stocks to buy now, according to analyst forecasts for the reit - diversified industry.

Industry: REIT - Diversified
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
AAT
AMERICAN ASSETS TRUST INC
NYSE
REIT - Diversified
$1.33B$21.861.06%$234.58M26.02x1.53
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
NYSE
REIT - Diversified
$4.08B$24.56-0.24%$346.16M19.65x0.60
VICI
VICI PROPERTIES INC
NYSE
REIT - Diversified
$30.68B$29.660.34%$3.16B12.26x0.76
AHH
ARMADA HOFFLER PROPERTIES INC
NYSE
REIT - Diversified
$777.14M$11.530.79%$150.21M32.94x2.68
SQFT
PRESIDIO PROPERTY TRUST INC
NASDAQ
REIT - Diversified
$14.90M$1.142.25%$31.06M0.79x1.83
WPC
W P CAREY INC
NYSE
REIT - Diversified
$12.44B$56.88-0.11%$1.64B17.29x1.07
BNL
BROADSTONE NET LEASE INC
NYSE
REIT - Diversified
$2.93B$15.671.03%$428.54M15.67x0.66
GNL
GLOBAL NET LEASE INC
NYSE
REIT - Diversified
$1.78B$7.740.13%$118.39M-4.72x1.93
OLP
ONE LIBERTY PROPERTIES INC
NYSE
REIT - Diversified
$428.48M$20.34-0.15%$66.69M18.66x1.54
BRSP
BRIGHTSPIRE CAPITAL INC
NYSE
REIT - Diversified
$889.10M$6.843.17%$66.52M171.00x2.31
SAFE
SAFEHOLD INC
NYSE
REIT - Diversified
$1.47B$20.74-1.05%-$43.32M-25.29x1.91
MDV
MODIV INDUSTRIAL INC
NYSE
REIT - Diversified
$107.17M$14.12-2.55%$20.87M-12.95x1.94
ESRT
EMPIRE STATE REALTY TRUST INC
NYSE
REIT - Diversified
$1.60B$9.821.03%$345.51M29.76x2.52
NXDT
NEXPOINT DIVERSIFIED REAL ESTATE TRUST
NYSE
REIT - Diversified
$249.42M$6.51-4.12%-$90.95M-1.92x0.22
CTO
CTO REALTY GROWTH INC
NYSE
REIT - Diversified
$374.10M$16.490.61%$54.75M-35.85x1.23
GOOD
GLADSTONE COMMERCIAL CORP
NASDAQ
REIT - Diversified
$500.44M$12.510.89%$100.20M-65.84x5.28
MDRR
MEDALIST DIVERSIFIED REIT INC
NASDAQ
REIT - Diversified
$11.78M$5.31-1.65%$3.06M-2.29x5.46
GIPR
GENERATION INCOME PROPERTIES INC
NASDAQ
REIT - Diversified
$8.57M$3.27-3.25%-$687.13k-1.67x12.12
PKST
PEAKSTONE REALTY TRUST
NYSE
REIT - Diversified
$495.54M$13.76-0.72%-$622.60M-0.64x1.41

Diversified REIT Stocks FAQ

What are the best diversified reit stocks to buy right now in Feb 2024?

According to Zen Score, the 3 best diversified reit stocks to buy right now are:

1. American Assets Trust (NYSE:AAT)


American Assets Trust (NYSE:AAT) is the top diversified reit stock with a Zen Score of 44, which is 23 points higher than the diversified reit industry average of 21. It passed 16 out of 38 due diligence checks and has strong fundamentals. American Assets Trust has seen its stock lose -14.21% over the past year, overperforming other diversified reit stocks by 9 percentage points.

American Assets Trust has an average 1 year price target of $23.00, an upside of 5.22% from American Assets Trust's current stock price of $21.86.

American Assets Trust stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering American Assets Trust, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Essential Properties Realty Trust (NYSE:EPRT)


Essential Properties Realty Trust (NYSE:EPRT) is the second best diversified reit stock with a Zen Score of 43, which is 22 points higher than the diversified reit industry average of 21. It passed 16 out of 38 due diligence checks and has strong fundamentals. Essential Properties Realty Trust has seen its stock lose -4.29% over the past year, overperforming other diversified reit stocks by 19 percentage points.

Essential Properties Realty Trust has an average 1 year price target of $27.93, an upside of 13.72% from Essential Properties Realty Trust's current stock price of $24.56.

Essential Properties Realty Trust stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Essential Properties Realty Trust, 71.43% have issued a Strong Buy rating, 28.57% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Vici Properties (NYSE:VICI)


Vici Properties (NYSE:VICI) is the third best diversified reit stock with a Zen Score of 43, which is 22 points higher than the diversified reit industry average of 21. It passed 15 out of 38 due diligence checks and has strong fundamentals. Vici Properties has seen its stock lose -11.99% over the past year, overperforming other diversified reit stocks by 11 percentage points.

Vici Properties has an average 1 year price target of $33.57, an upside of 13.19% from Vici Properties's current stock price of $29.66.

Vici Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Vici Properties, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the diversified reit stocks with highest dividends?

Out of 14 diversified reit stocks that have issued dividends in the past year, the 3 diversified reit stocks with the highest dividend yields are:

1. Global Net Lease (NYSE:GNL)


Global Net Lease (NYSE:GNL) has an annual dividend yield of 19.48%, which is 12 percentage points higher than the diversified reit industry average of 6.99%. Global Net Lease's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Global Net Lease's dividend has shown consistent growth over the last 10 years.

Global Net Lease's dividend payout ratio of -94.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Brightspire Capital (NYSE:BRSP)


Brightspire Capital (NYSE:BRSP) has an annual dividend yield of 11.7%, which is 5 percentage points higher than the diversified reit industry average of 6.99%. Brightspire Capital's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Brightspire Capital's dividend has shown consistent growth over the last 10 years.

Brightspire Capital's dividend payout ratio of 2,000% indicates that its high dividend yield might not be sustainable for the long-term.

3. Gladstone Commercial (NASDAQ:GOOD)


Gladstone Commercial (NASDAQ:GOOD) has an annual dividend yield of 9.59%, which is 3 percentage points higher than the diversified reit industry average of 6.99%. Gladstone Commercial's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Gladstone Commercial's dividend has not shown consistent growth over the last 10 years.

Gladstone Commercial's dividend payout ratio of -631.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are diversified reit stocks down?

Diversified reit stocks were down -0.06% in the last day, and up 0.56% over the last week.

We couldn't find a catalyst for why diversified reit stocks are down.

What are the most undervalued diversified reit stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued diversified reit stocks right now are:

1. Presidio Property Trust (NASDAQ:SQFT)


Presidio Property Trust (NASDAQ:SQFT) is the most undervalued diversified reit stock based on WallStreetZen's Valuation Score. Presidio Property Trust has a valuation score of 71, which is 51 points higher than the diversified reit industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Presidio Property Trust's stock has dropped -3.4% in the past year. It has overperformed other stocks in the diversified reit industry by 20 percentage points.

2. American Assets Trust (NYSE:AAT)


American Assets Trust (NYSE:AAT) is the second most undervalued diversified reit stock based on WallStreetZen's Valuation Score. American Assets Trust has a valuation score of 57, which is 37 points higher than the diversified reit industry average of 20. It passed 4 out of 7 valuation due diligence checks.

American Assets Trust's stock has dropped -14.21% in the past year. It has overperformed other stocks in the diversified reit industry by 9 percentage points.

3. Broadstone Net Lease (NYSE:BNL)


Broadstone Net Lease (NYSE:BNL) is the third most undervalued diversified reit stock based on WallStreetZen's Valuation Score. Broadstone Net Lease has a valuation score of 43, which is 23 points higher than the diversified reit industry average of 20. It passed 3 out of 7 valuation due diligence checks.

Broadstone Net Lease's stock has dropped -12.46% in the past year. It has overperformed other stocks in the diversified reit industry by 11 percentage points.

Are diversified reit stocks a good buy now?

40% of diversified reit stocks rated by analysts are a strong buy right now. On average, analysts expect diversified reit stocks to rise by 16.52% over the next year.

What is the average p/e ratio of the reit - diversified industry?

The average P/E ratio of the reit - diversified industry is 14.8x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.