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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
VICI
VICI PROPERTIES INC
$29.31B$3.69B$3.40B$2.58B$2.5420.38%32.76%73.97%11.56%2024-07-24
AAT
AMERICAN ASSETS TRUST INC
$1.31B$444.11M$238.55M$53.50M$0.903.54%5.77%9.76%6.08%2024-07-23
EPRT
ESSENTIAL PROPERTIES REALTY TRUST INC
$4.71B$379.41M$358.41M$194.79M$1.2326.44%28.77%13.89%25.83%2024-07-24
CTO
CTO REALTY GROWTH INC
$392.38M$112.53M$85.88M$12.60M$0.5725.27%29.31%N/A-22.15%2024-07-25
OLP
ONE LIBERTY PROPERTIES INC
$507.43M$90.39M$72.95M$29.38M$1.37-3.44%2.28%-24.31%7.82%2024-08-01
AHH
ARMADA HOFFLER PROPERTIES INC
$736.47M$716.47M$149.37M$6.10M$0.0934.56%30.47%-89.41%-23.79%2024-08-01
WPC
W P CAREY INC
$12.06B$1.70B$1.46B$573.18M$2.629.30%11.64%-27.02%-4.51%2024-07-26
ESRT
EMPIRE STATE REALTY TRUST INC
$1.50B$756.13M$345.56M$48.19M$0.293.92%0.66%-12.12%-4.23%2024-07-24
GNL
GLOBAL NET LEASE INC
$1.64B$626.78M$292.83M-$268.05M-$1.6566.67%16.70%N/AN/A2024-08-01
BNL
BROADSTONE NET LEASE INC
$2.96B$429.26M$409.92M$181.29M$0.97-0.79%11.39%25.97%4.32%2024-07-31
SQFT
PRESIDIO PROPERTY TRUST INC
$9.76M$18.30M$16.51M$3.79M$0.345.73%-10.17%N/A0.00%2024-06-27
BRSP
BRIGHTSPIRE CAPITAL INC
$769.45M$229.79M-$4.37M-$68.52M-$0.540.75%-6.64%N/AN/A2024-07-31
SAFE
SAFEHOLD INC
$1.35B$367.46M-$16.71M-$28.93M-$0.3827.47%-7.43%N/AN/A2024-07-30
GOOD
GLADSTONE COMMERCIAL CORP
$555.95M$146.75M$99.07M-$7.48M-$0.18-2.17%6.21%N/AN/A2024-08-06
NXDT
NEXPOINT DIVERSIFIED REAL ESTATE TRUST
$192.70M$61.22M-$86.61M-$123.89M-$3.29N/AN/AN/AN/A2024-08-12
GIPR
GENERATION INCOME PROPERTIES INC
$21.31M$8.73M-$1.16M-$7.79M-$2.6256.22%N/AN/AN/A
MDRR
MEDALIST DIVERSIFIED REIT INC
$12.88M$10.38M$5.99M-$1.99M-$0.91-2.49%8.43%N/AN/A2024-08-07
MDV
MODIV INDUSTRIAL INC
$130.45M$48.59M$29.38M-$2.81M-$0.418.88%18.94%N/AN/A2024-08-12
PKST
PEAKSTONE REALTY TRUST
$395.09M$246.54M-$426.39M-$558.94M-$15.53-32.87%-5.80%N/AN/A

Diversified REIT Stocks FAQ

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

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

1. Vici Properties (NYSE:VICI)


Vici Properties (NYSE:VICI) is the top 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 -9.76% over the past year, overperforming other diversified reit stocks by 3 percentage points.

Vici Properties has an average 1 year price target of $32.80, an upside of 16.73% from Vici Properties's current stock price of $28.10.

Vici Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Vici Properties, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% 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 42, which is 21 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 return 12.67% over the past year, overperforming other diversified reit stocks by 26 percentage points.

Essential Properties Realty Trust has an average 1 year price target of $28.75, an upside of 7.08% from Essential Properties Realty Trust's current stock price of $26.85.

Essential Properties Realty Trust stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Essential Properties Realty Trust, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. American Assets Trust (NYSE:AAT)


American Assets Trust (NYSE:AAT) is the third best diversified reit stock with a Zen Score of 42, which is 21 points higher than the diversified reit industry average of 21. It passed 15 out of 38 due diligence checks and has strong fundamentals. American Assets Trust has seen its stock return 12.72% over the past year, overperforming other diversified reit stocks by 26 percentage points.

American Assets Trust has an average 1 year price target of $22.00, an upside of 2.18% from American Assets Trust's current stock price of $21.53.

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.

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 19.42%, which is 13 percentage points higher than the diversified reit industry average of 6.12%. 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 -83.8% 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 13.58%, which is 7 percentage points higher than the diversified reit industry average of 6.12%. 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 -148.1% 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 9.08%, which is 3 percentage points higher than the diversified reit industry average of 6.12%. 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 191% 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 -0.69% in the last day, and down -1.31% 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 57, which is 34 points higher than the diversified reit industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Presidio Property Trust's stock has dropped -21.14% in the past year. It has underperformed other stocks in the diversified reit industry by -8 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 34 points higher than the diversified reit industry average of 23. It passed 4 out of 7 valuation due diligence checks.

American Assets Trust's stock has gained 12.72% in the past year. It has overperformed other stocks in the diversified reit industry by 26 percentage points.

3. Cto Realty Growth (NYSE:CTO)


Cto Realty Growth (NYSE:CTO) is the third most undervalued diversified reit stock based on WallStreetZen's Valuation Score. Cto Realty Growth has a valuation score of 57, which is 34 points higher than the diversified reit industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Cto Realty Growth's stock has gained 2.89% in the past year. It has overperformed other stocks in the diversified reit industry by 16 percentage points.

Are diversified reit stocks a good buy now?

50% of diversified reit stocks rated by analysts are a strong buy right now. On average, analysts expect diversified reit stocks to rise by 14.72% 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 13.43x.
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.