Sectors & IndustriesReal EstateREIT - Diversified
Best Diversified REIT Stocks to Buy Now (2026)
Top diversified reit stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best diversified reit stocks to buy now. Learn More.

Industry: REIT - Diversified
D
REIT - Diversified is Zen Rated D and is the 116th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Price
Value
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
GNL
GLOBAL NET LEASE INC
$9.68N/AN/A-8.00x-16.38x4.36x1.25xN/A$1.95B90.07%$1.66B7.45$4.44B20.80
CTO
CTO REALTY GROWTH INC
$19.64$2.24776.02%245.50x142.32x4.24x1.13x4.18x-$11.35M-1.79%$567.35M17.58$1.21B12.46
OLP
ONE LIBERTY PROPERTIES INC
$23.75N/AN/A15.42x45.22x5.15x1.68xN/A-$72.91M-14.70%$305.58M14.63$965.79M11.81
VICI
VICI PROPERTIES INC
$30.36$21.1943.28%11.63x10.60x8.05x1.17x1.98x$2.51B7.78%$27.80B26.18$48.66B13.42
WPC
W P CAREY INC
$74.62$23.56216.67%35.36x26.87x9.59x2.01x2.53x$713.95M4.34%$8.12B36.82$24.92B18.78
BRSP
BRIGHTSPIRE CAPITAL INC
$5.93N/AN/A-22.81x8.73x3.70x0.81xN/A$55.08M7.32%$938.43M7.40$3.06B414.16
BNL
BROADSTONE NET LEASE INC
$19.32$5.27266.49%37.88x28.55x8.00x1.27x3.22x-$375.78M-10.34%$2.90B15.43$6.18B17.56
GOOD
GLADSTONE COMMERCIAL CORP
$12.34$1.46742.49%88.14x68.48x3.56x3.48x7.29x-$133.09M-23.18%$171.65M3.69$1.43B11.98
ESRT
EMPIRE STATE REALTY TRUST INC
$5.74N/AN/A26.09x93.79x1.27x0.94xN/A$79.78M8.21%$1.04B6.17$2.84B8.38
MDV
MODIV INDUSTRIAL INC
$15.31N/AN/A-56.70x102.75x3.32x0.95xN/A$18.29M11.72%$164.82M16.16$427.11M13.03
AAT
AMERICAN ASSETS TRUST INC
$19.66N/AN/A21.37x45.27x2.73x1.05xN/A$144.77M12.16%$1.15B19.00$2.77B10.59
FVR
FRONTVIEW REIT INC
$16.56N/AN/A-75.27x-1,089.47x4.87x0.94xN/A-$80.29M-24.54%$391.20M19.80$670.24M14.07
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
$34.59$9.14278.57%26.81x25.12x12.08x1.73x8.58x-$828.44M-12.22%$4.20B21.42$9.70B18.82
SAFE
SAFEHOLD INC
$16.22$12.7027.76%10.14x9.27x3.02x0.48x1.88x$51.92M4.46%$2.41B33.59$5.72B45.41
NXDT
NEXPOINT DIVERSIFIED REAL ESTATE TRUST
$4.69N/AN/A-2.08xN/A2.38x0.31xN/A$29.17M13.11%$738.97M15.58$494.51M-9.27
SQFT
PRESIDIO PROPERTY TRUST INC
$2.81N/AN/A-0.36xN/A0.19x0.19xN/A-$12.02M-351.92%$21.10M17.35$89.81M21.40
PKST
PEAKSTONE REALTY TRUST
$20.85N/AN/A-2.49x-58.40x7.24x1.04xN/A$194.93M25.41%$745.43M20.26$1.10B-5.55
AHH
ARMADA HOFFLER PROPERTIES INC
$6.28N/AN/A-89.71x51.82x1.76x0.80xN/A-$6.38M-1.27%$627.78M7.84$2.10B12.87
MKZR
MACKENZIE REALTY CAPITAL INC
$3.54N/AN/A-0.26xN/A0.36x0.13xN/A-$25.60M-389.46%$51.81M27.90$146.91M-181.96
MDRR
MEDALIST DIVERSIFIED REIT INC
$11.55N/AN/A-12.47xN/A1.39x1.24xN/A-$13.43M-95.83%$10.38M8.56$46.77M11.54
GIPR
GENERATION INCOME PROPERTIES INC
$0.43N/AN/A-0.23x-0.23x0.23x-0.60xN/A$841.97k36.13%-$3.93M-0.72$70.76M-67.39

Diversified REIT Stocks FAQ

What are the best diversified reit stocks to buy right now in Mar 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best diversified reit stocks to buy right now are:

1. Global Net Lease (NYSE:GNL)


Global Net Lease (NYSE:GNL) is the #1 top diversified reit stock out of 21 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Global Net Lease (NYSE:GNL) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: B, and AI: C.

Global Net Lease (NYSE:GNL) has a Due Diligence Score of 15, which is -5 points lower than the diversified reit industry average of 20. Although this number is below the industry average, our proven quant model rates GNL as a "B".

GNL passed 4 out of 38 due diligence checks and has weak fundamentals. Global Net Lease has seen its stock return 17.9% over the past year, overperforming other diversified reit stocks by 22 percentage points.

Global Net Lease has an average 1 year price target of $10.00, an upside of 3.31% from Global Net Lease's current stock price of $9.68.

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

2. Cto Realty Growth (NYSE:CTO)


Cto Realty Growth (NYSE:CTO) is the #2 top diversified reit stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Cto Realty Growth (NYSE:CTO) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.

Cto Realty Growth (NYSE:CTO) has a Due Diligence Score of 33, which is 13 points higher than the diversified reit industry average of 20.

CTO passed 11 out of 38 due diligence checks and has average fundamentals. Cto Realty Growth has seen its stock return 2.67% over the past year, overperforming other diversified reit stocks by 7 percentage points.

Cto Realty Growth has an average 1 year price target of $21.00, an upside of 6.92% from Cto Realty Growth's current stock price of $19.64.

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

3. One Liberty Properties (NYSE:OLP)


One Liberty Properties (NYSE:OLP) is the #3 top diversified reit stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for One Liberty Properties (NYSE:OLP) is: Value: C, Growth: D, Momentum: C, Sentiment: A, Safety: A, Financials: C, and AI: C.

One Liberty Properties (NYSE:OLP) has a Due Diligence Score of 29, which is 9 points higher than the diversified reit industry average of 20.

OLP passed 9 out of 38 due diligence checks and has average fundamentals. One Liberty Properties has seen its stock lose -11.25% over the past year, underperforming other diversified reit stocks by -7 percentage points.

What are the diversified reit stocks with highest dividends?

Out of 19 diversified reit stocks that have issued dividends in the past year, the 3 diversified reit stocks with the highest dividend yields are:

1. Mackenzie Realty Capital (NASDAQ:MKZR)


Mackenzie Realty Capital (NASDAQ:MKZR) has an annual dividend yield of 14.12%, which is 7 percentage points higher than the diversified reit industry average of 6.76%.

Mackenzie Realty Capital's dividend payout ratio of -3.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Nexpoint Diversified Real Estate Trust (NYSE:NXDT)


Nexpoint Diversified Real Estate Trust (NYSE:NXDT) has an annual dividend yield of 12.79%, which is 6 percentage points higher than the diversified reit industry average of 6.76%. Nexpoint Diversified Real Estate Trust's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Nexpoint Diversified Real Estate Trust's dividend has not shown consistent growth over the last 10 years.

Nexpoint Diversified Real Estate Trust's dividend payout ratio of -26.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Brightspire Capital (NYSE:BRSP)


Brightspire Capital (NYSE:BRSP) has an annual dividend yield of 10.79%, which is 4 percentage points higher than the diversified reit industry average of 6.76%. Brightspire Capital's dividend payout is not stable, having dropped more than 10% two 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 -246.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are diversified reit stocks up?

Diversified reit stocks were up 0.36% in the last day, and up 1.13% over the last week.

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

What are the most undervalued diversified reit stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued diversified reit stocks right now are:

1. VICI Properties (NYSE:VICI)


VICI Properties (NYSE:VICI) is the most undervalued diversified reit stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

VICI Properties has a valuation score of 43, which is 25 points higher than the diversified reit industry average of 18. It passed 3 out of 7 valuation due diligence checks.

VICI Properties's stock has dropped -7.01% in the past year. It has underperformed other stocks in the diversified reit industry by -3 percentage points.

2. Safehold (NYSE:SAFE)


Safehold (NYSE:SAFE) is the second most undervalued diversified reit stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Safehold has a valuation score of 43, which is 25 points higher than the diversified reit industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Safehold's stock has dropped -10.44% in the past year. It has underperformed other stocks in the diversified reit industry by -6 percentage points.

3. Global Net Lease (NYSE:GNL)


Global Net Lease (NYSE:GNL) is the third most undervalued diversified reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Global Net Lease has a valuation score of 14, which is -4 points higher than the diversified reit industry average of 18. It passed 1 out of 7 valuation due diligence checks.

Global Net Lease's stock has gained 17.9% in the past year. It has overperformed other stocks in the diversified reit industry by 22 percentage points.

Are diversified reit stocks a good buy now?

42.86% of diversified reit stocks rated by analysts are a hold right now. On average, analysts expect diversified reit stocks to rise by 2.39% over the next year.

0% of diversified reit stocks have a Zen Rating of A (Strong Buy), 6.67% of diversified reit stocks are rated B (Buy), 80% are rated C (Hold), 13.33% are rated D (Sell), and 0% are rated F (Strong Sell).

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

The average P/E ratio of the reit - diversified industry is 20.83x.
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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.