Wall Street brokerages predict that Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) will report $140.48 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Healthcare Realty Trust’s earnings. The highest sales estimate is $144.30 million and the lowest is $134.74 million. Healthcare Realty Trust posted sales of $130.34 million during the same quarter last year, which suggests a positive year-over-year growth rate of 7.8%. The firm is scheduled to issue its next earnings report on Monday, January 1st.
According to Zacks, analysts expect that Healthcare Realty Trust will report full-year sales of $543.23 million for the current year. For the next year, analysts expect that the company will post sales of $558.34 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover Healthcare Realty Trust.
Healthcare Realty Trust (NYSE:HR – Get Rating) last released its quarterly earnings data on Monday, February 21st. The real estate investment trust reported $0.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.05. Healthcare Realty Trust had a net margin of 12.46% and a return on equity of 3.18%. The business had revenue of $136.42 million for the quarter, compared to analysts’ expectations of $137.64 million. During the same quarter last year, the company earned $0.42 EPS. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Nordea Investment Management AB boosted its position in shares of Healthcare Realty Trust by 7.4% during the 1st quarter. Nordea Investment Management AB now owns 929,852 shares of the real estate investment trust’s stock valued at $25,999,000 after purchasing an additional 64,073 shares in the last quarter. Norges Bank bought a new position in shares of Healthcare Realty Trust during the 4th quarter valued at about $77,282,000. BlackRock Inc. boosted its position in shares of Healthcare Realty Trust by 4.9% during the 4th quarter. BlackRock Inc. now owns 21,845,046 shares of the real estate investment trust’s stock valued at $691,177,000 after purchasing an additional 1,029,853 shares in the last quarter. William Blair Investment Management LLC boosted its position in shares of Healthcare Realty Trust by 2.9% during the 4th quarter. William Blair Investment Management LLC now owns 431,698 shares of the real estate investment trust’s stock valued at $13,659,000 after purchasing an additional 12,228 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of Healthcare Realty Trust by 2.6% during the 4th quarter. Comerica Bank now owns 67,726 shares of the real estate investment trust’s stock valued at $2,141,000 after purchasing an additional 1,720 shares in the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.
HR stock opened at $27.34 on Wednesday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.83. Healthcare Realty Trust has a fifty-two week low of $25.60 and a fifty-two week high of $33.77. The firm’s 50-day simple moving average is $28.48 and its 200 day simple moving average is $30.55. The stock has a market cap of $4.12 billion, a PE ratio of 60.76 and a beta of 0.64.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Investors of record on Monday, February 28th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date was Friday, February 25th. This is a positive change from Healthcare Realty Trust’s previous quarterly dividend of $0.30. Healthcare Realty Trust’s dividend payout ratio is currently 275.56%.
Healthcare Realty Trust Company Profile (Get Rating)
Healthcare Realty Trust, Inc is a real estate investment trust. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.
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