Sectors & Industries Real 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

Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	1d %	1w %	1m %	3m %	6m %	1y %	3y %	5y %	10y %	52-week High	52-week Low	% off 52-week High	% off 52-week Low	Beta	Volume	Vol 1d %
AAT	AMERICAN ASSETS TRUST INC	$20.46	0.49%	-1.68%	-3.08%	-8.95%	7.40%	12.11%	-39.18%	-53.58%	-38.47%	$23.92	$17.06	14.46%	19.93%	1.07	206,531	-26.82%
EPRT	ESSENTIAL PROPERTIES REALTY TRUST INC	$24.91	0.61%	-1.58%	-1.97%	-0.48%	15.22%	1.71%	0.12%	31.87%	N/A	$26.77	$20.49	6.95%	21.57%	1.13	650,893	10.72%
VICI	VICI PROPERTIES INC	$27.20	0.18%	-3.24%	-6.01%	-11.05%	-7.07%	-17.22%	-8.94%	24.43%	N/A	$34.05	$26.63	20.12%	2.16%	1.06	4,057,485	-23.56%
CTO	CTO REALTY GROWTH INC	$16.61	0.42%	-0.54%	0.12%	-0.42%	1.28%	-0.48%	-6.21%	-19.38%	16.32%	$18.03	$15.63	7.88%	6.27%	0.72	148,431	-11.24%
WPC	W P CAREY INC	$53.51	0.36%	-3.86%	-3.45%	-18.99%	-3.55%	-26.27%	-26.82%	-29.56%	-10.88%	$74.66	$51.36	28.33%	4.19%	0.89	1,079,962	-15.58%
SQFT	PRESIDIO PROPERTY TRUST INC	$0.90	-2.17%	-13.46%	-30.23%	-18.18%	46.10%	-7.69%	-72.48%	N/A	N/A	$1.45	$0.50	37.93%	80.00%	0.64	45,480	-68.26%
BNL	BROADSTONE NET LEASE INC	$14.29	-0.49%	-2.72%	-4.54%	-13.76%	-4.22%	-12.12%	-26.00%	N/A	N/A	$17.59	$13.68	18.76%	4.46%	0.74	830,100	-16.55%
OLP	ONE LIBERTY PROPERTIES INC	$21.41	0.52%	-2.81%	-5.06%	1.37%	12.62%	-5.43%	-11.97%	-19.84%	-4.46%	$23.43	$17.55	8.61%	21.99%	1.04	34,163	-33.15%
GNL	GLOBAL NET LEASE INC	$6.58	0.15%	-4.08%	-12.96%	-24.28%	-23.49%	-43.62%	-64.94%	-63.85%	N/A	$11.58	$6.52	43.18%	0.92%	1.14	1,254,594	-28.97%
AHH	ARMADA HOFFLER PROPERTIES INC	$10.11	0.40%	-2.88%	-2.88%	-15.96%	-4.80%	-15.82%	-25.22%	-34.61%	0.90%	$13.11	$9.81	22.88%	3.06%	1.15	328,533	-25.18%
ESRT	EMPIRE STATE REALTY TRUST INC	$8.92	-0.78%	-6.01%	-8.89%	-8.89%	9.85%	43.87%	-21.62%	-41.08%	-41.04%	$10.32	$5.43	13.57%	64.27%	1.09	756,618	-54.08%
BRSP	BRIGHTSPIRE CAPITAL INC	$6.18	0.49%	-0.16%	-9.12%	-12.46%	-0.16%	7.85%	-26.08%	-59.42%	N/A	$8.01	$5.20	22.85%	18.85%	1.47	485,908	-44.83%
SAFE	SAFEHOLD INC	$18.26	0.94%	-6.45%	-7.59%	-8.29%	9.67%	-38.04%	-83.93%	-65.59%	-79.96%	$30.00	$15.00	39.13%	21.73%	1.34	469,726	12.65%
GOOD	GLADSTONE COMMERCIAL CORP	$13.09	0.93%	-1.87%	-1.28%	-1.21%	4.89%	2.91%	-36.49%	-36.49%	-24.86%	$14.14	$10.84	7.43%	20.76%	1.06	190,838	34.47%
MDRR	MEDALIST DIVERSIFIED REIT INC	$5.60	2.75%	-1.23%	-3.78%	13.59%	6.16%	-13.15%	-46.97%	-90.34%	N/A	$6.78	$4.12	17.40%	35.96%	0.32	2,443	-63.86%
NXDT	NEXPOINT DIVERSIFIED REAL ESTATE TRUST	$6.19	0.81%	-0.80%	1.48%	-6.21%	-25.07%	-42.90%	-45.58%	-70.79%	-85.86%	$12.73	$5.82	51.37%	6.36%	0.75	83,360	-47.63%
GIPR	GENERATION INCOME PROPERTIES INC	$3.79	2.16%	0.80%	3.27%	-5.25%	-3.07%	-12.47%	N/A	N/A	N/A	$4.65	$2.90	18.49%	30.69%	-0.01	21,402	24.98%
MDV	MODIV INDUSTRIAL INC	$14.90	-1.06%	-4.61%	-9.59%	-0.33%	2.76%	41.90%	N/A	N/A	N/A	$19.12	$10.43	22.07%	42.86%	0.27	17,982	-7.60%
PKST	PEAKSTONE REALTY TRUST	$12.29	-3.76%	-14.77%	-19.52%	-22.95%	-20.30%	-53.09%	N/A	N/A	N/A	$47.00	$12.27	73.85%	0.16%	1.72	132,940	-2.53%

Diversified REIT Stocks FAQ

What are the best diversified reit stocks to buy right now in Apr 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 24 points higher than the diversified reit industry average of 20. It passed 16 out of 38 due diligence checks and has strong fundamentals. American Assets Trust has seen its stock return 12.11% over the past year, overperforming other diversified reit stocks by 28 percentage points.

American Assets Trust has an average 1 year price target of $22.00, an upside of 7.53% from American Assets Trust's current stock price of $20.46.

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 23 points higher than the diversified reit industry average of 20. It passed 16 out of 38 due diligence checks and has strong fundamentals. Essential Properties Realty Trust has seen its stock return 1.71% over the past year, overperforming other diversified reit stocks by 18 percentage points.

Essential Properties Realty Trust has an average 1 year price target of $28.29, an upside of 13.55% from Essential Properties Realty Trust's current stock price of $24.91.

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 41, which is 21 points higher than the diversified reit industry average of 20. It passed 14 out of 38 due diligence checks and has strong fundamentals. Vici Properties has seen its stock lose -17.22% over the past year, underperforming other diversified reit stocks by -1 percentage points.

Vici Properties has an average 1 year price target of $32.71, an upside of 20.27% from Vici Properties's current stock price of $27.20.

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, 14.29% have issued a Buy, 28.57% 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 12 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 21.02%, which is 14 percentage points higher than the diversified reit industry average of 6.83%. Global Net Lease's dividend payout is not stable, having dropped more than 10% four 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 -88.2% 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 12.94%, which is 6 percentage points higher than the diversified reit industry average of 6.83%. 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 -666.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. W P Carey (NYSE:WPC)

W P Carey (NYSE:WPC) has an annual dividend yield of 9.35%, which is 3 percentage points higher than the diversified reit industry average of 6.83%. W P Carey's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. W P Carey's dividend has not shown consistent growth over the last 10 years.

W P Carey's dividend payout ratio of 158.3% 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 0.18% in the last day, and down -3.61% 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 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 50 points higher than the diversified reit industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Presidio Property Trust's stock has dropped -7.69% in the past year. It has overperformed other stocks in the diversified reit industry by 9 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 36 points higher than the diversified reit industry average of 21. It passed 4 out of 7 valuation due diligence checks.

American Assets Trust's stock has gained 12.11% in the past year. It has overperformed other stocks in the diversified reit industry by 28 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 22 points higher than the diversified reit industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Broadstone Net Lease's stock has dropped -12.12% in the past year. It has overperformed other stocks in the diversified reit industry by 4 percentage points.

Are diversified reit stocks a good buy now?

42.86% of diversified reit stocks rated by analysts are a strong buy right now. On average, analysts expect diversified reit stocks to rise by 20.13% 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 11.93x.

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.