Sectors & IndustriesReal EstateREIT - Healthcare Facilities

Best Healthcare Facility REIT Stocks to Buy Now (2023)

Top healthcare facility reit stocks in 2023 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:

Medical Properties Trust (NYSE:MPW) is the top healthcare facility reit stock with a Zen Score of 54, which is 24 points higher than the healthcare facility reit industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Medical Properties Trust has seen its stock lose -63.09% over the past year, underperforming other healthcare facility reit stocks by -39 percentage points.

Medical Properties Trust has an average 1 year price target of $15.25, an upside of 102.52% from Medical Properties Trust's current stock price of $7.53.

Medical Properties Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Medical Properties Trust, 41.67% have issued a Strong Buy rating, 8.33% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Community Healthcare Trust (NYSE:CHCT) is the second best healthcare facility reit stock with a Zen Score of 42, which is 12 points higher than the healthcare facility reit industry average of 30. It passed 16 out of 38 due diligence checks and has strong fundamentals. Community Healthcare Trust has seen its stock lose -14.55% over the past year, overperforming other healthcare facility reit stocks by 10 percentage points.

Community Healthcare Trust has an average 1 year price target of $44.60, an upside of 26.96% from Community Healthcare Trust's current stock price of $35.13.

Community Healthcare Trust stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Community Healthcare Trust, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Physicians Realty Trust (NYSE:DOC) is the third best healthcare facility reit stock with a Zen Score of 41, which is 11 points higher than the healthcare facility reit industry average of 30. It passed 15 out of 38 due diligence checks and has strong fundamentals. Physicians Realty Trust has seen its stock lose -17.37% over the past year, overperforming other healthcare facility reit stocks by 7 percentage points.

Physicians Realty Trust has an average 1 year price target of $17.06, an upside of 18.74% from Physicians Realty Trust's current stock price of $14.37.

Physicians Realty Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Physicians Realty Trust, 37.5% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 12.5% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 16 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 15.41%, which is 8 percentage points higher than the healthcare facility reit industry average of 7.3%. Medical Properties Trust's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Medical Properties Trust's dividend has shown consistent growth over the last 10 years.

Medical Properties Trust's dividend payout ratio of 77.3% indicates that its high dividend yield is sustainable for the long-term.

Sabra Health Care Reit (NASDAQ:SBRA) has an annual dividend yield of 11.47%, which is 4 percentage points higher than the healthcare facility reit industry average of 7.3%. Sabra Health Care Reit's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Sabra Health Care Reit's dividend has not shown consistent growth over the last 10 years.

Sabra Health Care Reit's dividend payout ratio of -352.9% indicates that its high dividend yield might not be sustainable for the long-term.

Omega Healthcare Investors (NYSE:OHI) has an annual dividend yield of 10.17%, which is 3 percentage points higher than the healthcare facility reit industry average of 7.3%. Omega Healthcare Investors's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Omega Healthcare Investors's dividend has shown consistent growth over the last 10 years.

Omega Healthcare Investors's dividend payout ratio of 148.1% indicates that its high dividend yield might not be sustainable for the long-term.

Healthcare facility reit stocks were up 2.57% in the last day, and down -1.83% 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:

Medical Properties Trust (NYSE:MPW) is the most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Medical Properties Trust has a valuation score of 71, which is 45 points higher than the healthcare facility reit industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Medical Properties Trust's stock has dropped -63.09% in the past year. It has underperformed other stocks in the healthcare facility reit industry by -39 percentage points.

Omega Healthcare Investors (NYSE:OHI) is the second most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Omega Healthcare Investors has a valuation score of 43, which is 17 points higher than the healthcare facility reit industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Omega Healthcare Investors's stock has dropped -12.23% in the past year. It has overperformed other stocks in the healthcare facility reit industry by 12 percentage points.

Geo Group (NYSE:GEO) is the third most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Geo Group has a valuation score of 43, which is 17 points higher than the healthcare facility reit industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Geo Group's stock has gained 33.22% in the past year. It has overperformed other stocks in the healthcare facility reit industry by 57 percentage points.