Healthcare REITs
What Are Healthcare REITs? Healthcare Real Estate Investment Trusts (REITs) own and operate properties related to healthcare, including hospitals, nursing homes, medical offices, and senior living facilities. These REITs generate income by leasing space to healthcare providers and offering essential real estate for medical services.
Why Invest? Healthcare REITs offer stable cash flow, driven by long-term leases with creditworthy tenants like hospitals and healthcare systems. With the aging population and increasing demand for healthcare services, these REITs provide attractive, recession-resistant investment opportunities.
Challenges & Outlook Healthcare REITs face regulatory pressures, reimbursement challenges, and property-specific risks. However, the growing need for senior housing and healthcare facilities positions them for steady demand, making healthcare REITs a strong investment choice in the evolving healthcare sector.
Healthcare REITs
Updated Oct 19, 2026, 11:00 AM ET
- REITs
- 19
- Combined Mkt Cap
- $300B
- Snapshot Avg Yield
- 5.20%
The snapshot average uses 18 reported yields with equal weight, including zero yields and excluding missing values. Individual company data may update after this snapshot.
| Company | Ticker | Market Cap | Dividend Yield | P/FFO | 3Yr Total Return |
|---|---|---|---|---|---|
| Welltower | WELL | $169B | 1.46% | 36.5x | +42.6% |
| Ventas | VTR | $44.0B | 2.47% | 21.7x | +29.0% |
| Omega Healthcare | OHI | $13.8B | 6.02% | 14.7x | +17.9% |
| HealthPeak | DOC | $13.1B | 6.59% | 10.5x | +9.5% |
| American Healthcare | AHR | $12.4B | 1.90% | 24.7x | Not reported |
| Janus Living | JAN | $9.01B | 1.97% | 30.0x | Not reported |
| CareTrust | CTRE | $8.61B | 4.30% | 17.5x | +23.7% |
| Alexandria Real Estate | ARE | $7.22B | 7.18% | 4.5x | -21.5% |
| Healthcare Realty | HR | $6.00B | 5.55% | 10.5x | +12.2% |
| Sabra Healthcare | SBRA | $4.93B | 6.28% | 12.3x | +17.7% |
| National Health Investors | NHI | $3.24B | 5.72% | 13.8x | +15.5% |
| LTC Properties | LTC | $2.35B | 5.28% | 15.5x | +17.4% |
| Diversified Healthcare | DHC | $1.84B | 0.53% | 12.4x | +60.3% |
| Medical Properties | MPT | $1.80B | 12.68% | 5.1x | -7.9% |
| National Healthcare | NHP | $1.01B | Not reported | 18.3x | Not reported |
| Strawberry Fields | STRW | $0.73B | 5.34% | 8.5x | +33.5% |
| Universal Health Realty | UHT | $0.53B | 7.94% | 10.9x | +6.7% |
| Global Medical REIT | XRN | $0.40B | 2.11% | 10.3x | -4.7% |
| Community Healthcare | CHCT | $0.38B | 10.26% | 6.6x | -14.6% |
Frequently Asked Questions
How many Healthcare REITs are tracked here?
Hoya Capital's Healthcare REITs table contains 19 companies classified in this sector in its company database. This is the number of tracked records, not a count of every business in the industry or a recommendation to purchase any security.
What is the average dividend yield for Healthcare REITs?
The simple average dividend yield for the tracked Healthcare REITs is 5.20%, using 18 reported yields. Each reported yield receives equal weight, including zero yields; missing values are excluded. This calculation describes the company table and is not a forecast of future distributions.
What is the median dividend yield for Healthcare REITs?
The median reported dividend yield for Healthcare REITs is 5.44% across 18 companies. The median is the middle observation after sorting yields, or the average of the two middle observations when the count is even. Missing yields are excluded.
Which tracked company is largest in Healthcare REITs by market capitalization?
Welltower (WELL) has the largest reported market capitalization in the Healthcare REITs table, at $169.00 billion. Market capitalization measures equity market value, not property value or investment quality. The comparison covers only tracked companies with a reported value.