Sectors & IndustriesReal EstateREIT - Healthcare Facilities

Best Healthcare Facility REIT Stocks to Buy Now (2024)

Top healthcare facility reit stocks in 2024 ranked by overall Zen Score. See the best healthcare facility reit stocks to buy now, according to analyst forecasts for the reit - healthcare facilities industry.

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

Caretrust Reit (NYSE:CTRE) is the top healthcare facility reit stock with a Zen Score of 44, which is 20 points higher than the healthcare facility reit industry average of 24. It passed 17 out of 38 due diligence checks and has strong fundamentals. Caretrust Reit has seen its stock return 48.78% over the past year, overperforming other healthcare facility reit stocks by 23 percentage points.

Caretrust Reit has an average 1 year price target of $27.40, a downside of -8.42% from Caretrust Reit's current stock price of $29.92.

Caretrust Reit stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Caretrust Reit, 20% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Ltc Properties (NYSE:LTC) is the second best healthcare facility reit stock with a Zen Score of 38, which is 14 points higher than the healthcare facility reit industry average of 24. It passed 13 out of 38 due diligence checks and has average fundamentals. Ltc Properties has seen its stock return 14.23% over the past year, underperforming other healthcare facility reit stocks by -12 percentage points.

Ltc Properties has an average 1 year price target of $32.00, a downside of -12.57% from Ltc Properties's current stock price of $36.60.

Ltc Properties stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ltc 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.

Sabra Health Care Reit (NASDAQ:SBRA) is the third best healthcare facility reit stock with a Zen Score of 37, which is 13 points higher than the healthcare facility reit industry average of 24. It passed 14 out of 38 due diligence checks and has average fundamentals. Sabra Health Care Reit has seen its stock return 31.59% over the past year, overperforming other healthcare facility reit stocks by 6 percentage points.

Sabra Health Care Reit has an average 1 year price target of $17.50, an upside of 0.75% from Sabra Health Care Reit's current stock price of $17.37.

Sabra Health Care Reit stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sabra Health Care Reit, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 13 healthcare facility reit stocks that have issued dividends in the past year, the 3 healthcare facility reit stocks with the highest dividend yields are:

Medical Properties Trust (NYSE:MPW) has an annual dividend yield of 13.63%, which is 7 percentage points higher than the healthcare facility reit industry average of 6.25%. Medical Properties Trust's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Medical Properties Trust's dividend has not shown consistent growth over the last 10 years.

Medical Properties Trust's dividend payout ratio of -20.5% indicates that its high dividend yield might not be sustainable for the long-term.

Healthcare Trust (NASDAQ:HTIA) has an annual dividend yield of 12%, which is 6 percentage points higher than the healthcare facility reit industry average of 6.25%. Healthcare Trust's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Healthcare Trust's dividend has shown consistent growth over the last 10 years.

Healthcare Trust's dividend payout ratio of -111.8% indicates that its high dividend yield might not be sustainable for the long-term.

Community Healthcare Trust (NYSE:CHCT) has an annual dividend yield of 11.53%, which is 5 percentage points higher than the healthcare facility reit industry average of 6.25%. Community Healthcare Trust's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Community Healthcare Trust's dividend has shown consistent growth over the last 10 years.

Community Healthcare Trust's dividend payout ratio of -3,650% indicates that its high dividend yield might not be sustainable for the long-term.

Healthcare facility reit stocks were up 0.88% in the last day, and up 1.85% over the last week.

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

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

Ltc Properties (NYSE:LTC) is the most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Ltc Properties has a valuation score of 43, which is 25 points higher than the healthcare facility reit industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Ltc Properties's stock has gained 14.23% in the past year. It has underperformed other stocks in the healthcare facility reit industry by -12 percentage points.

Sabra Health Care Reit (NASDAQ:SBRA) is the second most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Sabra Health Care Reit has a valuation score of 43, which is 25 points higher than the healthcare facility reit industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Sabra Health Care Reit's stock has gained 31.59% in the past year. It has overperformed other stocks in the healthcare facility reit industry by 6 percentage points.

Strawberry Fields Reit (NYSEMKT:STRW) is the third most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Strawberry Fields Reit has a valuation score of 43, which is 25 points higher than the healthcare facility reit industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Strawberry Fields Reit's stock has gained 72.77% in the past year. It has overperformed other stocks in the healthcare facility reit industry by 47 percentage points.