Brokerages Anticipate Healthcare Realty Trust Incorporated (NYSE:HR) to Announce $0.45 EPS

Wall Street analysts predict that Healthcare Realty Trust Incorporated (NYSE:HRGet 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:HRGet 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 research firms have issued reports on HR. StockNews.com began coverage on shares of Healthcare Realty Trust in a research report on Thursday, March 31st. They issued a “sell” rating on the stock. BMO Capital Markets lowered shares of Healthcare Realty Trust from an “outperform” rating to a “market perform” rating and set a $34.00 price target on the stock. in a research report on Friday, January 7th. Zacks Investment Research lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, April 8th. Finally, Credit Suisse Group began coverage on shares of Healthcare Realty Trust in a research report on Tuesday, February 1st. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and an average target price of $34.00.

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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Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

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