Investors can look forward to positive developments as senior housing and skilled‑nursing REITs disclose their latest financial results this summer, according to UBS. These real estate investment trusts not only deliver attractive dividends but also benefit from solid operating fundamentals and meaningful accretive acquisitions, noted analyst Michael Goldsmith in a Tuesday report. He highlighted that senior‑housing operations continue to gain from limited new supply and favorable demographic trends. With the U.S. population aging — today’s first baby boomers are turning 80, and the cohort aged 80 and older is projected to reach roughly 23 million by 2035 (up from about 15 million in July 2025) — demand for senior housing is outpacing new construction. NIC MAP data shows occupancy near 90 % in the second quarter. The acquisition environment remains robust, Goldsmith said. Among the REITs UBS rates as buys are American Healthcare REIT, CareTrust REIT, Omega Healthcare Investors and Welltower. American Healthcare REIT, which offers a 1.89 % dividend yield, is slated to release Q2 results on Aug. 6; Goldsmith expects external growth to remain a key earnings driver, with a portfolio of 325 healthcare properties. He raised his price target to $63 from $60, implying about 17 % upside, and noted a recent $700 million equity raise to fund a $1 billion senior‑housing pipeline, targeting yields in the high‑5 % to low‑6 % range. The firm projects 2026 core FFO of $2.10 per share, above consensus of $2.07. Welltower, owning and operating over 2,500 senior and wellness communities, is set to report earnings on July 27; UBS lifted its price target to $271 from $249, reflecting a 17 % upside. The upgrade reflects stronger growth trends, a shift toward operating assets, and improved cost of capital. UBS also maintained price targets of $48 for CareTrust REIT (3.88 % dividend yield, expanding into UK care homes) and $54 for Omega Healthcare Investors (5.57 % dividend yield, comprising over 1,000 skilled‑nursing and assisted‑living properties). Omega Healthcare is scheduled to report earnings on July 30, with shares up 9 % YTD, while CareTrust REIT has risen 11 % this year.
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