Analysts Set Healthcare Realty Trust Incorporated (NYSE:HR) PT at $19.13

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned a consensus recommendation of “Hold” from the ten research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.1250.

A number of research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. BTIG Research restated a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a research report on Monday, September 29th. Royal Bank Of Canada began coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price for the company. Wells Fargo & Company upped their target price on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Finally, Raymond James Financial cut shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research note on Monday, September 15th.

Healthcare Realty Trust Price Performance

Shares of HR opened at $17.14 on Thursday. The company has a market capitalization of $6.03 billion, a P/E ratio of -16.17 and a beta of 0.96. Healthcare Realty Trust has a one year low of $14.09 and a one year high of $18.97. The business’s 50 day simple moving average is $17.51 and its 200-day simple moving average is $17.29.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $297.77 million during the quarter, compared to analysts’ expectations of $291.10 million. Healthcare Realty Trust had a negative return on equity of 7.32% and a negative net margin of 30.51%.The business’s revenue was down 6.2% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, sell-side analysts anticipate that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -90.57%.

Institutional Investors Weigh In On Healthcare Realty Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC lifted its holdings in shares of Healthcare Realty Trust by 152.5% during the 4th quarter. SG Americas Securities LLC now owns 211,666 shares of the real estate investment trust’s stock valued at $3,588,000 after buying an additional 127,828 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Healthcare Realty Trust by 6.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 95,984 shares of the real estate investment trust’s stock valued at $1,649,000 after acquiring an additional 5,658 shares during the last quarter. Allworth Financial LP lifted its holdings in Healthcare Realty Trust by 44.7% in the third quarter. Allworth Financial LP now owns 8,123 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 2,509 shares during the period. Swiss Life Asset Management Ltd bought a new position in Healthcare Realty Trust in the third quarter valued at about $285,000. Finally, CIBC Private Wealth Group LLC boosted its position in Healthcare Realty Trust by 3,567.9% in the third quarter. CIBC Private Wealth Group LLC now owns 3,081 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 2,997 shares during the last quarter.

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.