Healthcare Realty Trust Incorporated (NYSE:HR) Stock Has Average Target Price of $21.70 According to Analysts

Key Points

• Analyst sentiment is neutral: Eleven analysts give Healthcare Realty Trust an average “Hold” rating, with four “Buy” ratings and an average 12-month price target of $21.70.
• Recent financial performance was weak: The REIT reported a quarterly loss of $0.13 per share, missing estimates by $0.53, while revenue declined 5.3% year over year. Shares opened at $17.16, below the analyst target and near the lower end of their 52-week range.
• The company maintains an attractive dividend but faces coverage concerns: Healthcare Realty Trust pays a quarterly dividend of $0.24, equal to a 5.6% annualized yield, although its reported payout ratio is negative. COO Robert Hull also sold 21,000 shares, reducing his position by 7.06%.

Shares of Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) have received an average recommendation of "Hold" from the eleven analysts that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $21.70.

HR has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a "neutral" rating in a research report on Thursday, July 9th. UBS Group boosted their price target on Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. BTIG Research restated a "buy" rating and issued a $22.00 price target on shares of Healthcare Realty Trust in a report on Friday, June 12th. Cantor Fitzgerald raised their price objective on Healthcare Realty Trust from $22.00 to $24.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Finally, Weiss Ratings raised Healthcare Realty Trust from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th.

Insider Buying and Selling at Healthcare Realty Trust

In other news, COO Robert Hull sold 21,000 shares of Healthcare Realty Trust stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total transaction of $401,310.00. Following the completion of the transaction, the chief operating officer owned 276,338 shares of the company's stock, valued at $5,280,819.18. The trade was a 7.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Healthcare Realty Trust

A number of large investors have recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $346,000. GAMMA Investing LLC purchased a new stake in shares of Healthcare Realty Trust in the third quarter valued at about $222,000. Farther Finance Advisors LLC purchased a new stake in shares of Healthcare Realty Trust in the third quarter valued at about $68,000. Pensionfund PDN acquired a new stake in shares of Healthcare Realty Trust in the third quarter valued at approximately $1,059,000. Finally, Versant Capital Management Inc grew its position in shares of Healthcare Realty Trust by 48.2% in the third quarter. Versant Capital Management Inc now owns 3,371 shares of the real estate investment trust's stock valued at $60,000 after purchasing an additional 1,097 shares during the last quarter.

Healthcare Realty Trust Stock Down 0.1%

NYSE:HR opened at $17.16 on Friday. Healthcare Realty Trust has a fifty-two week low of $16.31 and a fifty-two week high of $22.04. The stock has a market cap of $5.88 billion, a PE ratio of -66.02 and a beta of 0.97. The firm's fifty day simple moving average is $18.77 and its 200-day simple moving average is $19.34.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.40 by ($0.53). The company had revenue of $278.58 million during the quarter, compared to analyst estimates of $271.60 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The firm's revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter last year, the business earned $0.41 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Equities analysts anticipate that Healthcare Realty Trust will post 1.65 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were issued a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 annualized dividend and a yield of 5.6%. Healthcare Realty Trust's dividend payout ratio is -369.23%.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated NYSE: HR is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.

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