Healthcare Realty Trust Incorporated (NYSE:HR) Receives Average Recommendation of “Hold” from Brokerages

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned an average rating of “Hold” from the ten brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $18.8750.

Several research firms have recently issued reports on HR. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Cantor Fitzgerald raised their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Wells Fargo & Company boosted their price objective on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Finally, Citigroup increased their target price on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th.

Healthcare Realty Trust Stock Down 0.2%

Healthcare Realty Trust stock opened at $18.54 on Friday. The company’s 50-day moving average price is $17.24 and its 200-day moving average price is $17.57. The company has a market cap of $6.47 billion, a PE ratio of -26.11 and a beta of 0.97. Healthcare Realty Trust has a twelve month low of $14.09 and a twelve month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The business had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. During the same period in the previous year, the business posted $0.40 EPS. The firm’s revenue was down 7.6% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Healthcare Realty Trust’s dividend payout ratio is -135.21%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Wiser Advisor Group LLC bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC grew its position in Healthcare Realty Trust by 179.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,033 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Healthcare Realty Trust in the third quarter worth $32,000. Eurizon Capital SGR S.p.A. purchased a new stake in Healthcare Realty Trust in the fourth quarter worth $37,000. Finally, Prosperity Bancshares Inc bought a new stake in shares of Healthcare Realty Trust during the fourth quarter worth $42,000.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.