About Healthcare Realty Trust Incorporated (NYSE:HR)
Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States. The Company provided property management services for 146 healthcare-related properties across the nation, totaling approximately 10.3 million square feet, as of December 31, 2016. As of December 31, 2016, the Company's 202 owned real estate properties were located in 27 states and totaled approximately 14.6 million square feet. The Company's medical office/outpatient facilities are located in various states of the United States, such as Alabama, Arizona, California, Colorado, District of Columbia, Florida, Hawaii, Illinois, Indiana, Iowa, Minnesota, Missouri, North Carolina, Oklahoma, Tennessee, Texas, Virginia and Washington.
Industry, Sector and Symbol
Industry Healthcare REITs
Trailing P/E Ratio20.71
Forward P/E Ratio20.71
Sales & Book Value
Annual Sales$411.63 million
Price / Sales9.87
Cash Flow$1.87 per share
Price / Cash17.38
Book Value$14.93 per share
Price / Book2.18
Net Income$85.57 million
Return on Equity6.62%
Return on Assets3.70%
Frequently Asked Questions for Healthcare Realty Trust Incorporated (NYSE:HR)
What is Healthcare Realty Trust Incorporated's stock symbol?
Healthcare Realty Trust Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "HR."
How often does Healthcare Realty Trust Incorporated pay dividends? What is the dividend yield for Healthcare Realty Trust Incorporated?
Healthcare Realty Trust Incorporated declared a quarterly dividend on Wednesday, November 1st. Stockholders of record on Thursday, November 16th will be given a dividend of $0.30 per share on Thursday, November 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date is Wednesday, November 15th. View Healthcare Realty Trust Incorporated's Dividend History.
How were Healthcare Realty Trust Incorporated's earnings last quarter?
Healthcare Realty Trust Incorporated (NYSE:HR) posted its quarterly earnings results on Wednesday, November, 1st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.01. The real estate investment trust earned $106.95 million during the quarter, compared to the consensus estimate of $108.97 million. Healthcare Realty Trust Incorporated had a net margin of 26.70% and a return on equity of 6.62%. Healthcare Realty Trust Incorporated's quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 EPS. View Healthcare Realty Trust Incorporated's Earnings History.
When will Healthcare Realty Trust Incorporated make its next earnings announcement?
Where is Healthcare Realty Trust Incorporated's stock going? Where will Healthcare Realty Trust Incorporated's stock price be in 2017?
9 brokers have issued twelve-month price targets for Healthcare Realty Trust Incorporated's shares. Their predictions range from $25.00 to $38.00. On average, they anticipate Healthcare Realty Trust Incorporated's stock price to reach $33.29 in the next twelve months. View Analyst Ratings for Healthcare Realty Trust Incorporated.
What are Wall Street analysts saying about Healthcare Realty Trust Incorporated stock?
Here are some recent quotes from research analysts about Healthcare Realty Trust Incorporated stock:
- 1. According to Zacks Investment Research, "Healthcare Realty Trust is a real estate investment trust that integrates owning, managing and developing income-producing real estate properties associated with the delivery of healthcare services throughout the United States. " (11/6/2017)
- 2. Cantor Fitzgerald analysts commented, "Lowering 2017-18 normalized FFO estimates. Our revised normalized FFO estimates are $1.59 per share for 2017 (vs. our prior $1.60 estimate and the $1.60 Bloomberg consensus) and $1.66 for 2018 (vs. prior $1.80 and $1.73 consensus). Our normalized AFFO estimates are $1.36 per share for 2017 (vs. the $1.33 consensus) and $1.46 for 2018 (in line with the consensus). Large dispositions. We believe that HR will divest seven properties in Virginia (through the exercise of a tenant purchase option) in 1Q18. We expect proceeds of approximately $45 million and a reduction in 2018 NOI of about $4.5 million before the redeployment of the proceeds. These are legacy properties dating to the Capstone acquisition nearly 20 years ago (1998), and the cap rate is more than twice what we believe that HR can realize when it redeploys the proceeds." (8/23/2017)
Are investors shorting Healthcare Realty Trust Incorporated?
Healthcare Realty Trust Incorporated saw a increase in short interest in October. As of October 31st, there was short interest totalling 5,241,397 shares, an increase of 49.8% from the October 13th total of 3,498,754 shares. Based on an average daily volume of 730,548 shares, the short-interest ratio is currently 7.2 days. Currently, 4.3% of the shares of the stock are short sold.
Who are some of Healthcare Realty Trust Incorporated's key competitors?
Some companies that are related to Healthcare Realty Trust Incorporated include Healthcare Trust of America (HTA), Omega Healthcare Investors (OHI), Medical Properties Trust (MPW), Sabra Healthcare REIT (SBRA), Physicians Realty Trust (DOC), National Health Investors (NHI), Care Capital Properties (CCP), LTC Properties (LTC), Aviv REIT (AVIV), CareTrust REIT (CTRE), Assura Plc (AGR), Universal Health Realty Income Trust (UHT), Primary Health Properties PLC (PHP), Community Healthcare Trust Incorporated (CHCT), MedEquities Realty Trust (MRT) and Global Medical REIT (GMRE).
Who are Healthcare Realty Trust Incorporated's key executives?
Healthcare Realty Trust Incorporated's management team includes the folowing people:
- David R. Emery, Executive Chairman of the Board (Age 72)
- Todd J. Meredith, President, Chief Executive Officer (Age 42)
- J. Christopher Douglas, Chief Financial Officer, Executive Vice President (Age 41)
- B. Douglas Whitman II, Executive Vice President - Corporate Finance (Age 48)
- John M. Bryant Jr., Executive Vice President, General Counsel (Age 50)
- Robert E. Hull, Executive Vice President – Investments (Age 44)
- Edwin B. Morris III, Lead Independent Director (Age 77)
- Nancy Howell Agee, Independent Director (Age 64)
- Charles Raymond Fernandez M.D., Independent Director (Age 73)
- Peter F. Lyle, Independent Director (Age 52)
Who owns Healthcare Realty Trust Incorporated stock?
Healthcare Realty Trust Incorporated's stock is owned by a number of of retail and institutional investors. Top institutional investors include PGGM Investments (1.89%), Bank of New York Mellon Corp (1.58%), Macquarie Group Ltd. (1.57%), Dimensional Fund Advisors LP (1.35%), Channing Capital Management LLC (1.35%) and Schwab Charles Investment Management Inc. (1.25%). Company insiders that own Healthcare Realty Trust Incorporated stock include Amanda L Callaway, B Douglas Whitman II, Bruce D Sullivan, Charles Raymond Fernandez, David R Emery, J Christopher Douglas, John Knox Singleton, John M Bryant Jr, Nancy H Agee, Robert E Hull and Todd J Meredith. View Institutional Ownership Trends for Healthcare Realty Trust Incorporated.
Who sold Healthcare Realty Trust Incorporated stock? Who is selling Healthcare Realty Trust Incorporated stock?
Healthcare Realty Trust Incorporated's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., PGGM Investments, Bank of New York Mellon Corp, Sumitomo Mitsui Asset Management Company LTD, Channing Capital Management LLC, Asset Management One Co. Ltd., Virginia Retirement Systems ET AL and GSA Capital Partners LLP. Company insiders that have sold Healthcare Realty Trust Incorporated company stock in the last year include Bruce D Sullivan, John M Bryant Jr, Robert E Hull and Todd J Meredith. View Insider Buying and Selling for Healthcare Realty Trust Incorporated.
Who bought Healthcare Realty Trust Incorporated stock? Who is buying Healthcare Realty Trust Incorporated stock?
Healthcare Realty Trust Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including Barings LLC, Citadel Advisors LLC, Schwab Charles Investment Management Inc., Russell Investments Group Ltd., Legal & General Group Plc, Dimensional Fund Advisors LP, Rhumbline Advisers and Wells Fargo & Company MN. Company insiders that have bought Healthcare Realty Trust Incorporated stock in the last two years include Amanda L Callaway, David R Emery, John Knox Singleton and Nancy H Agee. View Insider Buying and Selling for Healthcare Realty Trust Incorporated.
How do I buy Healthcare Realty Trust Incorporated stock?
Shares of Healthcare Realty Trust Incorporated can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Healthcare Realty Trust Incorporated's stock price today?
One share of Healthcare Realty Trust Incorporated stock can currently be purchased for approximately $32.52.
How big of a company is Healthcare Realty Trust Incorporated?
Healthcare Realty Trust Incorporated has a market capitalization of $4.06 billion and generates $411.63 million in revenue each year. The real estate investment trust earns $85.57 million in net income (profit) each year or $0.97 on an earnings per share basis. Healthcare Realty Trust Incorporated employs 261 workers across the globe.
How can I contact Healthcare Realty Trust Incorporated?
Healthcare Realty Trust Incorporated's mailing address is 3310 WEST END AVE SUITE 700, NASHVILLE TN, 37203. The real estate investment trust can be reached via phone at 615-269-8175 or via email at [email protected]
MarketBeat Community Rating for Healthcare Realty Trust Incorporated (HR)MarketBeat's community ratings are surveys of what our community members think about Healthcare Realty Trust Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History and Estimates Chart for Healthcare Realty Trust Incorporated (NYSE:HR)
Earnings History by Quarter for Healthcare Realty Trust Incorporated (NYSE HR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||$0.39||$0.38||$108.97 million||$106.95 million||View||N/A|
|8/2/2017||Q2 2017||$0.40||$0.39||$105.67 million||$105.20 million||View||N/A|
|5/3/2017||Q1 2017||$0.41||$0.39||$106.03 million||$104.57 million||View||Listen|
|2/15/2017||Q4 2016||$0.40||$0.41||$98.58 million||$105.30 million||View||N/A|
|8/3/2016||Q2||$0.40||$0.42||$101.05 million||$102.60 million||View||N/A|
|5/4/2016||Q116||$0.41||$0.41||$99.49 million||$100.00 million||View||N/A|
|2/16/2016||Q415||$0.41||$0.41||$97.63 million||$98.60 million||View||Listen|
|11/4/2015||Q315||$0.40||$0.41||$96.28 million||$96.70 million||View||N/A|
|8/5/2015||Q215||$0.39||$0.39||$96.87 million||$96.70 million||View||N/A|
|5/6/2015||Q115||$0.38||$0.38||$96.40 million||$96.50 million||View||N/A|
|2/17/2015||Q414||$0.38||$0.38||$95.40 million||$95.00 million||View||N/A|
|11/4/2014||Q314||$0.37||$0.37||$98.70 million||$94.51 million||View||N/A|
|7/30/2014||Q214||$0.36||$0.36||$91.25 million||$92.93 million||View||N/A|
|4/30/2014||Q114||$0.36||$0.35||$89.37 million||$91.90 million||View||N/A|
|2/28/2014||Q413||$0.34||$0.36||$85.52 million||$90.12 million||View||N/A|
|10/30/2013||Q313||$0.33||$0.32||$84.74 million||$84.76 million||View||N/A|
|7/30/2013||Q2 2013||$0.28||$0.32||$82.27 million||$84.05 million||View||N/A|
|5/1/2013||Q113||$0.33||$0.34||$82.05 million||$82.60 million||View||N/A|
|2/20/2013||Q4 2012||$0.32||$0.31||$75.26 million||$81.30 million||View||N/A|
|11/7/2012||Q312||$0.33||$0.33||$78.52 million||$79.10 million||View||N/A|
Earnings Estimates for Healthcare Realty Trust Incorporated (NYSE:HR)
2017 EPS Consensus Estimate: $1.58
2018 EPS Consensus Estimate: $1.71
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Healthcare Realty Trust Incorporated (NYSE:HR)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||123.71% (Trailing 12 Months of Earnings) |
76.43% (Based on This Year's Estimates)
72.29% (Based on Next Year's Estimates)
Dividend History by Quarter for Healthcare Realty Trust Incorporated (NYSE HR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Healthcare Realty Trust Incorporated (NYSE HR)
Insider Ownership Percentage: 1.85%
Institutional Ownership Percentage: 91.64%
Insider Trades by Quarter for Healthcare Realty Trust Incorporated (NYSE HR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/10/2017||John Knox Singleton||Director||Buy||3,074||$32.55||$100,058.70|| |
|8/15/2017||John Knox Singleton||Director||Buy||3,450||$31.88||$109,986.00|| |
|5/22/2017||John M Bryant Jr||Insider||Sell||7,000||$33.51||$234,570.00|| |
|5/15/2017||Robert E Hull||EVP||Sell||1,744||$32.45||$56,592.80|| |
|5/10/2017||John M Bryant Jr||Insider||Sell||20,385||$32.27||$657,823.95|| |
|3/1/2017||John Knox Singleton||Director||Buy||15,773||$31.86||$502,527.78|| |
|2/27/2017||Bruce D. Sullivan||Director||Sell||3,000||$32.28||$96,840.00|| |
|12/16/2016||Todd J Meredith||VP||Sell||6,029||$29.60||$178,458.40|| |
|11/10/2016||David R Emery||CEO||Buy||72,000||$27.66||$1,991,520.00|| |
|11/9/2016||David R Emery||CEO||Buy||68,000||$28.84||$1,961,120.00|| |
|9/13/2016||Nancy H Agee||Director||Buy||1,100||$33.68||$37,048.00|| |
|8/29/2016||Charles Raymond Fernandez||Director||Sell||5,000||$35.06||$175,300.00|| |
|8/15/2016||J Christopher Douglas||VP||Sell||192||$35.31||$6,779.52|| |
|6/15/2016||Amanda L Callaway||CAO||Sell||1,173||$33.50||$39,295.50|| |
|3/31/2016||Amanda L Callaway||CAO||Buy||1,173||$18.11||$21,243.03|| |
|3/11/2016||B Douglas Whitman II||VP||Sell||2,200||$29.72||$65,384.00|| |
|3/9/2016||Bruce D Sullivan||Director||Sell||2,500||$29.70||$74,250.00|| |
|3/9/2016||Todd J Meredith||VP||Sell||7,000||$29.55||$206,850.00|| |
|3/8/2016||Todd J Meredith||VP||Sell||3,500||$29.50||$103,250.00|| |
|2/22/2016||John M Bryant Jr||EVP||Sell||3,500||$28.32||$99,120.00|| |
|12/21/2015||B Douglas Whitman II||VP||Sell||3,884||$27.63||$107,314.92|| |
|12/14/2015||Charles Raymond Fernandez||Director||Sell||4,200||$27.10||$113,820.00|| |
|3/31/2015||John M Bryant Jr||EVP||Buy||1,041||$20.41||$21,246.81|| |
|3/20/2015||Charles Raymond Fernandez||Director||Sell||3,000||$27.94||$83,820.00|| |
|3/9/2015||Bruce D Sullivan||Director||Sell||3,000||$26.45||$79,350.00|| |
|2/27/2015||Charles Raymond Fernandez||Director||Sell||3,000||$28.51||$85,530.00|| |
|12/31/2014||B Douglas Whitman II||VP||Buy||1,173||$18.11||$21,243.03|| |
|9/30/2014||John M Bryant Jr||EVP||Buy||1,173||$18.11||$21,243.03|| |
|8/28/2014||Batey M Gresham Jr||Director||Sell||1,000||$24.64||$24,640.00|| |
|6/2/2014||Bruce D Sullivan||Director||Sell||5,000||$25.46||$127,300.00|| |
|3/31/2014||John Bryant, Jr.||EVP||Buy||1,344||$15.80||$21,235.20|| |
|12/31/2013||Scott Holmes||CFO||Buy||1,344||$15.80||$21,235.20|| |
|12/20/2013||Batey Gresham, Jr.||Director||Sell||4,000||$21.24||$84,960.00|| |
|11/25/2013||Charles Raymond Fernandez||Director||Sell||6,052||$22.25||$134,657.00|| |
|11/13/2013||Batey Gresham, Jr.||Director||Sell||3,500||$22.43||$78,505.00|| |
|12/31/2012||B Douglas Whitman II||VP||Buy||1,344||$15.80||$21,235.20|| |
Latest Headlines for Healthcare Realty Trust Incorporated (NYSE HR)
Healthcare Realty Trust Incorporated (NYSE HR) Chart for Friday, November, 24, 2017