Healthcare Realty Trust (NYSE:HR) Announces Earnings Results

Healthcare Realty Trust (NYSE:HR - Get Free Report) announced its earnings results on Thursday. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02, Briefing.com reports. The company had revenue of $275.28 million during the quarter, compared to analyst estimates of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. Healthcare Realty Trust's revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 earnings per share. Healthcare Realty Trust updated its FY 2026 guidance to 1.590-1.65 EPS.

Healthcare Realty Trust Stock Up 1.7%

HR stock opened at $19.58 on Tuesday. The business has a 50 day moving average price of $18.00 and a 200 day moving average price of $17.69. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of -33.76 and a beta of 0.97. Healthcare Realty Trust has a fifty-two week low of $14.09 and a fifty-two week high of $19.79.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 11th will be paid a dividend of $0.24 per share. The ex-dividend date is Monday, May 11th. This represents a $0.96 annualized dividend and a yield of 4.9%. Healthcare Realty Trust's payout ratio is presently -135.21%.

Insider Buying and Selling

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the business's stock in a transaction on Friday, March 6th. The shares were bought at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares in the company, valued at $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.56% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Healthcare Realty Trust

Large investors have recently bought and sold shares of the stock. Wiser Advisor Group LLC purchased a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at about $25,000. Prosperity Bancshares Inc purchased a new stake in Healthcare Realty Trust in the 4th quarter valued at $42,000. Danske Bank A S purchased a new stake in Healthcare Realty Trust in the 3rd quarter valued at $47,000. Harvest Fund Management Co. Ltd acquired a new stake in Healthcare Realty Trust during the 3rd quarter worth $55,000. Finally, Advisory Services Network LLC purchased a new position in Healthcare Realty Trust during the 3rd quarter worth $55,000.

Analysts Set New Price Targets

HR has been the subject of several analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Healthcare Realty Trust in a research note on Friday, March 27th. Wall Street Zen raised Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, January 31st. Cantor Fitzgerald lifted their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the company an "overweight" rating in a research note on Monday. Finally, UBS Group started coverage on Healthcare Realty Trust in a research note on Monday, April 20th. They issued a "neutral" rating and a $18.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Healthcare Realty Trust has an average rating of "Hold" and an average target price of $19.25.

About Healthcare Realty Trust

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.