Best Office REIT Stocks to Buy Now (2026)
Top office reit stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best office reit stocks to buy now. Learn More.

Industry: REIT - Office
D
REIT - Office 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
HIW
HIGHWOODS PROPERTIES INC
$29.64N/AN/A19.50x14.82x3.91x1.40xN/A$505.60M15.47%$2.33B21.13$6.62B10.41
ONL
ORION PROPERTIES INC
$2.33N/AN/A-1.39x-5.02x0.93x0.21xN/A$83.04M62.58%$632.75M11.11$503.19M-54.89
CUZ
COUSINS PROPERTIES INC
$27.66$1.861,387.30%691.50x248.96x4.40x1.02x4.75x-$292.80M-6.43%$4.48B27.25$8.28B13.61
PSTL
POSTAL REALTY TRUST INC
$22.69$4.68384.77%42.02x36.47x5.89x2.05x2.92x-$112.21M-18.05%$334.61M12.21$1.07B17.88
PDM
PIEDMONT REALTY TRUST INC
$9.03N/AN/A-13.89x-38.05x1.98x0.77xN/A$31.69M2.80%$1.47B11.78$3.36B11.94
DEA
EASTERLY GOVERNMENT PROPERTIES INC
$23.27$1.931,107.61%122.47x109.71x3.03x0.84x6.28x$75.38M6.97%$1.32B28.31$2.79B13.19
OPI
OFFICE PROPERTIES INCOME TRUST
$15.87N/AN/AN/A-4.59xN/A0.68xN/AN/AN/A$511.46M23.30$1.93BN/A
NLOP
NET LEASE OFFICE PROPERTIES
$9.66N/AN/A-3.15xN/A1.89x0.87xN/A$333.03M232.72%$163.83M11.06$141.34M-6.98
CDP
COPT DEFENSE PROPERTIES
$33.68$7.81331.31%23.23x24.43x4.87x2.50x7.74x$2.01M0.05%$1.53B13.48$6.43B15.01
BXP
BXP INC
$59.79$12.30386.26%31.97x26.70x2.71x1.85x4.49x$726.26M7.63%$5.16B32.39$25.35B13.61
BDN
BRANDYWINE REALTY TRUST
$2.75N/AN/A-3.35x-3.68x0.96x0.69xN/A$81.29M16.95%$691.18M3.96$3.08B15.66
DEI
DOUGLAS EMMETT INC
$9.81N/AN/A-65.40x-88.30x1.63x0.89xN/A-$190.00M-11.56%$1.84B10.98$7.02B10.91
JBGS
JBG SMITH PROPERTIES
$10.86N/AN/A-4.23x-5.49x1.24x0.60xN/A-$39.81M-6.29%$1.07B18.30$3.06B17.00
HPP
HUDSON PACIFIC PROPERTIES INC
$11.58N/AN/A-1.21x-4.06x0.92x0.22xN/A$133.77M17.92%$2.81B43.65$4.26B-94.98
VNO
VORNADO REALTY TRUST
$33.52$2.341,329.89%838.00x14.15x3.43x1.08x4.47x-$318.02M-5.07%$5.79B30.90$13.61B14.05
KRC
KILROY REALTY CORP
$33.90N/AN/A23.54x152.57x3.60x0.75xN/A$537.91M13.65%$5.23B44.94$8.23B12.05
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
$45.92N/AN/A-7.58x38.14x2.82x0.51xN/A$1.72B21.46%$15.55B89.26$20.34B40.94
SLG
SL GREEN REALTY CORP
$48.40N/AN/A-17.79x-20.72x3.29x1.00xN/A-$979.77M-28.64%$3.42B48.36$9.34B24.91
CMCT
CREATIVE MEDIA & COMMUNITY TRUST CORP
$3.67N/AN/A-0.00x-0.23x0.09x0.04xN/A-$28.69M-287.22%$245.27M90.11$472.88M18.46
FSP
FRANKLIN STREET PROPERTIES CORP
$0.31N/AN/A-0.78x-0.96x0.30x0.06xN/A-$4.92M-15.16%$579.99M5.59$263.84M8.21
ESBA
EMPIRE STATE REALTY OP LP
$4.30N/AN/A143.33xN/A1.47x0.05xN/A$240.05M20.77%$1.79B6.66$2.19B6.94

Office REIT Stocks FAQ

What are the best office reit stocks to buy right now in Oct 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 office reit stocks to buy right now are:

1. Highwoods Properties (NYSE:HIW)


Highwoods Properties (NYSE:HIW) is the #1 top office reit stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year. Learn more.

The Component Grade breakdown for Highwoods Properties (NYSE:HIW) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: C, and AI: C.

Highwoods Properties (NYSE:HIW) has a Due Diligence Score of 35, which is 17 points higher than the office reit industry average of 18.

HIW passed 12 out of 38 due diligence checks and has average fundamentals. Highwoods Properties has seen its stock lose -7.66% over the past year, overperforming other office reit stocks by 57 percentage points.

Highwoods Properties has an average 1 year price target of $32.20, an upside of 8.64% from Highwoods Properties's current stock price of $29.64.

Highwoods Properties stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Highwoods Properties, 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. Orion Properties (NYSE:ONL)


Orion Properties (NYSE:ONL) is the #2 top office reit stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year. Learn more.

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

Orion Properties (NYSE:ONL) has a Due Diligence Score of 7, which is -11 points lower than the office reit industry average of 18.

ONL passed 2 out of 38 due diligence checks and has weak fundamentals. Orion Properties has seen its stock lose -10.04% over the past year, overperforming other office reit stocks by 54 percentage points.

Orion Properties has an average 1 year price target of $3.50, an upside of 50.21% from Orion Properties's current stock price of $2.33.

Orion Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Orion Properties, 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. Cousins Properties (NYSE:CUZ)


Cousins Properties (NYSE:CUZ) is the #3 top office reit stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year. Learn more.

The Component Grade breakdown for Cousins Properties (NYSE:CUZ) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.

Cousins Properties (NYSE:CUZ) has a Due Diligence Score of 33, which is 15 points higher than the office reit industry average of 18.

CUZ passed 12 out of 38 due diligence checks and has average fundamentals. Cousins Properties has seen its stock lose -2.74% over the past year, overperforming other office reit stocks by 62 percentage points.

Cousins Properties has an average 1 year price target of $33.17, an upside of 19.91% from Cousins Properties's current stock price of $27.66.

Cousins Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cousins Properties, 33.33% have issued a Strong Buy rating, 50% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the office reit stocks with highest dividends?

Out of 15 office reit stocks that have issued dividends in the past year, the 3 office reit stocks with the highest dividend yields are:

1. Net Lease Office Properties (NYSE:NLOP)


Net Lease Office Properties (NYSE:NLOP) has an annual dividend yield of 69.88%, which is 60 percentage points higher than the office reit industry average of 9.95%.

Net Lease Office Properties's dividend payout ratio of -728% indicates that its high dividend yield might not be sustainable for the long-term.

2. Brandywine Realty Trust (NYSE:BDN)


Brandywine Realty Trust (NYSE:BDN) has an annual dividend yield of 11.64%, which is 2 percentage points higher than the office reit industry average of 9.95%. Brandywine Realty Trust's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Brandywine Realty Trust's dividend has not shown consistent growth over the last 10 years.

Brandywine Realty Trust's dividend payout ratio of -39% indicates that its high dividend yield might not be sustainable for the long-term.

3. Douglas Emmett (NYSE:DEI)


Douglas Emmett (NYSE:DEI) has an annual dividend yield of 7.75%, which is -2 percentage points lower than the office reit industry average of 9.95%. Douglas Emmett's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Douglas Emmett's dividend has not shown consistent growth over the last 10 years.

Douglas Emmett's dividend payout ratio of -506.7% indicates that its high dividend yield might not be sustainable for the long-term.

Why are office reit stocks up?

Office reit stocks were up 0.78% in the last day, and down -0.67% over the last week.

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

What are the most undervalued office 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 office reit stocks right now are:

1. Highwoods Properties (NYSE:HIW)


Highwoods Properties (NYSE:HIW) is the most undervalued office reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Highwoods Properties has a valuation score of 29, which is 12 points higher than the office reit industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Highwoods Properties's stock has dropped -7.66% in the past year. It has overperformed other stocks in the office reit industry by 57 percentage points.

2. Bxp (NYSE:BXP)


Bxp (NYSE:BXP) is the second most undervalued office reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Bxp has a valuation score of 29, which is 12 points higher than the office reit industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Bxp's stock has dropped -19.86% in the past year. It has overperformed other stocks in the office reit industry by 45 percentage points.

3. Easterly Government Properties (NYSE:DEA)


Easterly Government Properties (NYSE:DEA) is the third most undervalued office reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Easterly Government Properties has a valuation score of 29, which is 12 points higher than the office reit industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Easterly Government Properties's stock has gained 4.68% in the past year. It has overperformed other stocks in the office reit industry by 69 percentage points.

Are office reit stocks a good buy now?

43.75% of office reit stocks rated by analysts are a buy right now. On average, analysts expect office reit stocks to rise by 17.44% over the next year.

0% of office reit stocks have a Zen Rating of A (Strong Buy), 0% of office reit stocks are rated B (Buy), 66.67% are rated C (Hold), 33.33% are rated D (Sell), and 0% are rated F (Strong Sell).

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

The average P/E ratio of the reit - office industry is 177.81x.
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.