U.S. Health Care REITs Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies19
- 7D2.8%
- 3M9.6%
- 1Y7.3%
- YTD1.2%
Over the last 7 days, the Health Care REITs industry has risen 1.6%, driven by gains from Welltower of 1.0%. Meanwhile, Medical Properties Trust actually underperformed within the industry, shrinking 7.0% in the last week. In the last 12 months, the industry was up 7.4%. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the U.S. Health Care REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$124.9b | US$23.1b | -US$535,433,000.00 | 40.8x | -233.3x | 5.4x |
| Fri, 05 Apr 2024 | US$115.2b | US$22.6b | -US$276,709,000.00 | 42.7x | -416.4x | 5.1x |
| Sun, 03 Mar 2024 | US$112.4b | US$22.5b | -US$257,971,000.00 | 37.5x | -435.8x | 5x |
| Tue, 30 Jan 2024 | US$112.5b | US$22.9b | US$87.5m | 44x | 1285.9x | 4.9x |
| Thu, 28 Dec 2023 | US$119.0b | US$22.9b | US$87.5m | 46.7x | 1359.8x | 5.2x |
| Sat, 25 Nov 2023 | US$112.2b | US$22.9b | US$87.5m | 40.1x | 1283x | 4.9x |
| Mon, 23 Oct 2023 | US$104.2b | US$22.6b | US$502.0m | 28.2x | 207.6x | 4.6x |
| Wed, 20 Sep 2023 | US$108.0b | US$22.6b | US$511.5m | 32.5x | 211.2x | 4.8x |
| Fri, 18 Aug 2023 | US$109.2b | US$22.6b | US$511.5m | 33.6x | 213.5x | 4.8x |
| Sun, 16 Jul 2023 | US$111.8b | US$22.0b | US$785.0m | 33.2x | 142.4x | 5.1x |
| Tue, 13 Jun 2023 | US$110.3b | US$21.8b | US$840.1m | 33.6x | 131.3x | 5.1x |
| Thu, 11 May 2023 | US$107.0b | US$21.7b | US$800.3m | 28x | 133.6x | 4.9x |
| Sat, 08 Apr 2023 | US$101.3b | US$21.2b | US$2.0b | 32x | 50.8x | 4.8x |
Price to Earnings Ratio
49.3x
Current Industry PE
- Investors are relatively neutral on the American Health Care REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
- Total earnings for the Health Care REITs industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 2.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | 3.31% | |
| Real Estate | 3.33% | |
| Health Care REITs | 2.81% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WELL Welltower | US$97.46 | 2.3% +US$1.3b | 24.4% | PB2.1x | |
| VTR Ventas | US$47.13 | 6.4% +US$1.2b | 0.6% | PB2x | |
| HR Healthcare Realty Trust | US$15.41 | 8.3% +US$450.2m | -21.3% | PB0.9x | |
| DOC Healthpeak Properties | US$19.20 | 3.2% +US$415.2m | -8.8% | PB1.5x | |
| CTRE CareTrust REIT | US$24.88 | 0.6% +US$197.5m | 26.9% | PB2.1x |