WallStreetZenWallStreetZen

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.

Industry: REIT - Healthcare Facilit...
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
CTRE
CARETRUST REIT INC
United States
$2.98B130,503,39290.73%2.70%Net SellingNet Selling
CHCT
COMMUNITY HEALTHCARE TRUST INC
United States
$751.54M27,681,16387.75%11.21%Net BuyingNet Buying
NHI
NATIONAL HEALTH INVESTORS INC
United States
$2.50B43,409,84162.39%9.45%Net BuyingNet Buying
LTC
LTC PROPERTIES INC
United States
$1.36B43,112,69369.16%4.98%Net BuyingNet Buying
GMRE
GLOBAL MEDICAL REIT INC
United States
$592.14M65,574,54942.13%57.87%
WELL
WELLTOWER INC
United States
$52.75B568,878,05994.58%0.42%Net SellingNet Selling
OHI
OMEGA HEALTHCARE INVESTORS INC
United States
$7.60B245,302,60865.09%9.27%Net BuyingNet Buying
SBRA
SABRA HEALTH CARE REIT INC
United States
$3.24B231,476,75190.74%2.62%Net SellingNet Selling
STRW
STRAWBERRY FIELDS REIT INC
United States
$51.05M6,429,5141.98%7.65%Net Buying
PEAK
HEALTHPEAK PROPERTIES INC
United States
$9.36B547,172,98393.42%1.77%Net SellingNet Selling
UHT
UNIVERSAL HEALTH REALTY INCOME TRUST
United States
$538.86M13,824,05264.54%2.68%Net Buying
HR
HEALTHCARE REALTY TRUST INC
United States
$5.29B381,180,87499.10%0.90%Net BuyingNet Buying
HTIA
HEALTHCARE TRUST INC
United States
$1.72B111,545,0380.00%0.44%
DHC
DIVERSIFIED HEALTHCARE TRUST
United States
$774.15M240,418,36375.91%11.55%Net Buying
MPW
MEDICAL PROPERTIES TRUST INC
United States
$2.62B599,100,00071.71%1.79%Net SellingNet Selling
VTR
VENTAS INC
United States
$17.71B402,461,57965.92%34.08%Net SellingNet Selling

Healthcare Facility REIT Stocks FAQ

What are the best healthcare facility reit stocks to buy right now in Mar 2024?

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

1. Caretrust Reit (NYSE:CTRE)


Caretrust Reit (NYSE:CTRE) is the top healthcare facility reit stock with a Zen Score of 44, which is 16 points higher than the healthcare facility reit industry average of 28. It passed 16 out of 38 due diligence checks and has strong fundamentals. Caretrust Reit has seen its stock return 16.86% over the past year, overperforming other healthcare facility reit stocks by 21 percentage points.

Caretrust Reit has an average 1 year price target of $23.75, an upside of 4.17% from Caretrust Reit's current stock price of $22.80.

Caretrust Reit stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Caretrust Reit, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Community Healthcare Trust (NYSE:CHCT)


Community Healthcare Trust (NYSE:CHCT) is the second best healthcare facility reit stock with a Zen Score of 43, which is 15 points higher than the healthcare facility reit industry average of 28. It passed 16 out of 38 due diligence checks and has strong fundamentals. Community Healthcare Trust has seen its stock lose -29.92% over the past year, underperforming other healthcare facility reit stocks by -25 percentage points.

Community Healthcare Trust has an average 1 year price target of $35.00, an upside of 28.91% from Community Healthcare Trust's current stock price of $27.15.

Community Healthcare Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Community Healthcare Trust, 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.

3. Ltc Properties (NYSE:LTC)


Ltc Properties (NYSE:LTC) is the third best healthcare facility reit stock with a Zen Score of 40, which is 12 points higher than the healthcare facility reit industry average of 28. It passed 14 out of 38 due diligence checks and has average fundamentals. Ltc Properties has seen its stock lose -10.22% over the past year, underperforming other healthcare facility reit stocks by -6 percentage points.

Ltc Properties has an average 1 year price target of $33.75, an upside of 7.28% from Ltc Properties's current stock price of $31.46.

Ltc Properties stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Ltc Properties, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the healthcare facility reit stocks with highest dividends?

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

1. Medical Properties Trust (NYSE:MPW)


Medical Properties Trust (NYSE:MPW) has an annual dividend yield of 20.09%, which is 13 percentage points higher than the healthcare facility reit industry average of 7.48%. Medical Properties Trust's dividend payout is not stable, having dropped more than 10% one 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 -94.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Healthcare Trust (NASDAQ:HTIA)


Healthcare Trust (NASDAQ:HTIA) has an annual dividend yield of 11.84%, which is 4 percentage points higher than the healthcare facility reit industry average of 7.48%. 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 -251.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Healthcare Realty Trust (NYSE:HR)


Healthcare Realty Trust (NYSE:HR) has an annual dividend yield of 11.17%, which is 4 percentage points higher than the healthcare facility reit industry average of 7.48%. Healthcare Realty Trust's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Healthcare Realty Trust's dividend has shown consistent growth over the last 10 years.

Healthcare Realty Trust's dividend payout ratio of -167.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are healthcare facility reit stocks up?

Healthcare facility reit stocks were up 0.84% in the last day, and down -0.71% over the last week. Medical Properties Trust was the among the top gainers in the reit - healthcare facilities industry, gaining 4.04% yesterday.

Medical Properties Trust shares are trading higher Exane BNP Paribas upgraded the stock from Neutral to Outperform and announced a $6 price target.

What are the most undervalued healthcare facility reit stocks?

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

1. Healthpeak Properties (NYSE:PEAK)


Healthpeak Properties (NYSE:PEAK) is the most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Healthpeak Properties has a valuation score of 57, which is 32 points higher than the healthcare facility reit industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Healthpeak Properties's stock has dropped -27.66% in the past year. It has underperformed other stocks in the healthcare facility reit industry by -23 percentage points.

2. Ltc Properties (NYSE:LTC)


Ltc Properties (NYSE:LTC) is the second most undervalued healthcare facility reit stock based on WallStreetZen's Valuation Score. Ltc Properties has a valuation score of 57, which is 32 points higher than the healthcare facility reit industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Ltc Properties's stock has dropped -10.22% in the past year. It has underperformed other stocks in the healthcare facility reit industry by -6 percentage points.

3. Strawberry Fields Reit (NYSEMKT:STRW)


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 18 points higher than the healthcare facility reit industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Strawberry Fields Reit's stock has dropped -0.63% in the past year. It has overperformed other stocks in the healthcare facility reit industry by 4 percentage points.

Are healthcare facility reit stocks a good buy now?

53.85% of healthcare facility reit stocks rated by analysts are a buy right now. On average, analysts expect healthcare facility reit stocks to rise by 10.42% over the next year.

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

The average P/E ratio of the reit - healthcare facilities industry is 9.91x.
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.