Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion. The Company provided leasing and property management services to 11.9 million square feet nationwide.
Healthcare Realty Trust Trading Up 1.5 %
Shares of NYSE:HR opened at $26.34 on Friday. The stock has a fifty day simple moving average of $25.98 and a two-hundred day simple moving average of $27.69. Healthcare Realty Trust has a 12-month low of $23.28 and a 12-month high of $34.83. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of 90.83 and a beta of 0.67.
Healthcare Realty Trust Dividend Announcement
The business also recently declared a Variable dividend, which will be paid on Tuesday, August 30th. Stockholders of record on Monday, August 15th will be given a $0.109 dividend. The ex-dividend date of this dividend is Friday, August 12th. Healthcare Realty Trust's dividend payout ratio is presently 458.64%.
Analyst Upgrades and Downgrades
Several research firms have recently commented on HR. Barclays started coverage on shares of Healthcare Realty Trust in a research report on Tuesday, April 26th. They issued an "overweight" rating and a $33.00 target price for the company. Credit Suisse Group cut their price objective on Healthcare Realty Trust from $34.00 to $29.00 and set an "outperform" rating on the stock in a research report on Monday, July 18th. Capital One Financial assumed coverage on Healthcare Realty Trust in a research report on Friday, June 3rd. They issued an "overweight" rating and a $33.00 target price for the company. JPMorgan Chase & Co. began coverage on Healthcare Realty Trust in a research note on Thursday, July 21st. They issued a "neutral" rating on the stock. Finally, Citigroup reiterated a "neutral" rating and issued a $27.00 price objective on shares of Healthcare Realty Trust in a report on Tuesday, August 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $30.29.