Healthcare Realty Trust Incorporated (NYSE:HR) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts rate Healthcare Realty Trust “Hold” on average: Six of 10 analysts maintain hold ratings, while four recommend buying; the average 12-month price target is $22, versus a recent price of $19.44.
• The REIT’s latest quarterly results missed expectations, reporting a $0.13 loss per share versus the projected $0.40 profit, although revenue of $278.6 million exceeded estimates. Revenue declined 5.3% year over year.
• Healthcare Realty Trust declared a quarterly dividend of $0.24 per share, or $0.96 annually, representing an approximately 4.9% yield; the dividend is payable August 26 to shareholders of record August 11.

Shares of Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) have been given a consensus recommendation of "Hold" by the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $22.00.

A number of research analysts recently weighed in on HR shares. BTIG Research reaffirmed a "buy" rating and set a $22.00 price target on shares of Healthcare Realty Trust in a research note on Friday, June 12th. Wells Fargo & Company raised their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an "equal weight" rating in a research note on Monday, June 1st. Citigroup boosted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a "neutral" rating in a report on Thursday, May 7th. Raymond James Financial assumed coverage on Healthcare Realty Trust in a research report on Tuesday, June 16th. They set an "outperform" rating and a $24.00 target price on the stock. Finally, Weiss Ratings upgraded Healthcare Realty Trust from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th.

Healthcare Realty Trust Trading Up 0.6%

HR opened at $19.44 on Friday. The company has a fifty day moving average price of $20.45 and a two-hundred day moving average price of $19.22. Healthcare Realty Trust has a 1-year low of $16.31 and a 1-year high of $22.04. The company has a market cap of $6.66 billion, a P/E ratio of -74.77 and a beta of 0.97.

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

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, August 11th. Healthcare Realty Trust's payout ratio is -369.23%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the company's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total transaction of $524,873.79. Following the transaction, the chief accounting officer owned 109,954 shares in the company, valued at approximately $2,239,762.98. This represents a 18.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.56% of the company's stock.

Institutional Investors Weigh In On Healthcare Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wiser Advisor Group LLC acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth about $25,000. Eurizon Capital SGR S.p.A. acquired a new position in Healthcare Realty Trust during the 4th quarter valued at about $37,000. Main Street Group LTD acquired a new position in Healthcare Realty Trust during the 1st quarter valued at about $42,000. Prosperity Bancshares Inc bought a new stake in Healthcare Realty Trust during the 4th quarter worth approximately $42,000. Finally, Inspire Investing LLC bought a new stake in Healthcare Realty Trust during the 1st quarter worth approximately $45,000.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust NYSE: HR is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company's portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company's properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.

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