Healthcare Realty Trust (HR) Scheduled to Post Earnings on Tuesday

Healthcare Realty Trust (NYSE:HR - Get Free Report) will be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect Healthcare Realty Trust to post earnings of $0.38 per share for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings data on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.51). Healthcare Realty Trust had a negative net margin of 20.71% and a negative return on equity of 3.87%. The company had revenue of $330.40 million for the quarter, compared to analyst estimates of $334.32 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The company's revenue for the quarter was down 2.2% compared to the same quarter last year. On average, analysts expect Healthcare Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Healthcare Realty Trust Price Performance

NYSE:HR traded down $0.02 during midday trading on Tuesday, reaching $14.23. 5,434,273 shares of the company traded hands, compared to its average volume of 3,252,751. Healthcare Realty Trust has a twelve month low of $12.77 and a twelve month high of $20.32. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of -19.23 and a beta of 0.79. The company has a fifty day moving average price of $13.76 and a 200 day moving average price of $15.07.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Monday, February 26th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $1.24 dividend on an annualized basis and a yield of 8.71%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -167.57%.

Analyst Upgrades and Downgrades

HR has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price objective on Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 6th. Wedbush lowered Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $19.00 to $15.00 in a research report on Tuesday, February 20th. Wells Fargo & Company cut their target price on Healthcare Realty Trust from $18.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 10th. Stifel Nicolaus lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the stock from $19.00 to $15.00 in a research report on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Healthcare Realty Trust in a research report on Tuesday, January 30th. They set a "hold" rating and a $18.00 target price on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Healthcare Realty Trust currently has an average rating of "Hold" and an average price target of $17.20.

Healthcare Realty Trust Company Profile

Healthcare Realty NYSE: HR is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.