Wall Street analysts predict that Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) will announce earnings of $0.45 per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Healthcare Realty Trust’s earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.45. Healthcare Realty Trust reported earnings of $0.42 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 7.1%. The business is expected to issue its next earnings report on Monday, January 1st.
According to Zacks, analysts expect that Healthcare Realty Trust will report full year earnings of $1.80 per share for the current fiscal year, with EPS estimates ranging from $1.78 to $1.81. For the next fiscal year, analysts anticipate that the business will report earnings of $1.83 per share, with EPS estimates ranging from $1.82 to $1.84. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Healthcare Realty Trust.
Healthcare Realty Trust (NYSE:HR – Get Rating) last posted its earnings results on Monday, February 21st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $137.64 million. During the same period last year, the business posted $0.42 EPS. Healthcare Realty Trust’s revenue was up 8.4% compared to the same quarter last year.
Several institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in Healthcare Realty Trust by 82.4% during the 3rd quarter. Principal Financial Group Inc. now owns 10,100,747 shares of the real estate investment trust’s stock valued at $300,801,000 after purchasing an additional 4,561,549 shares during the last quarter. Norges Bank bought a new position in Healthcare Realty Trust during the 4th quarter valued at about $77,282,000. Franklin Resources Inc. lifted its holdings in Healthcare Realty Trust by 207.2% during the 3rd quarter. Franklin Resources Inc. now owns 2,669,693 shares of the real estate investment trust’s stock valued at $79,504,000 after purchasing an additional 1,800,563 shares during the last quarter. V3 Capital Management L.P. bought a new position in Healthcare Realty Trust during the 3rd quarter valued at about $44,298,000. Finally, Nordea Investment Management AB lifted its holdings in Healthcare Realty Trust by 887.1% during the 3rd quarter. Nordea Investment Management AB now owns 1,519,536 shares of the real estate investment trust’s stock valued at $46,452,000 after purchasing an additional 1,365,599 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.
NYSE:HR traded up $0.03 during midday trading on Monday, reaching $27.52. The stock had a trading volume of 2,739,485 shares, compared to its average volume of 2,619,353. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a market capitalization of $4.15 billion, a P/E ratio of 61.16 and a beta of 0.64. The firm’s fifty day simple moving average is $28.30 and its 200-day simple moving average is $30.48. Healthcare Realty Trust has a 1-year low of $25.60 and a 1-year high of $33.77.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Monday, February 28th were given a dividend of $0.31 per share. This is a positive change from Healthcare Realty Trust’s previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a dividend yield of 4.51%. The ex-dividend date was Friday, February 25th. Healthcare Realty Trust’s payout ratio is 275.56%.
About Healthcare Realty Trust (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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