Healthcare Realty Trust Incorporated (NYSE:HR) Stock Has Consensus Target Price of $21.70

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have earned a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $21.40.

Several equities research analysts have commented on the stock. Wells Fargo & Company dropped their price objective on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Cantor Fitzgerald lifted their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. UBS Group lowered their price target on shares of Healthcare Realty Trust from $21.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. upped their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Jefferies Financial Group initiated coverage on shares of Healthcare Realty Trust in a report on Tuesday, September 15th. They issued a “hold” rating and a $20.00 price objective for the company.

Insider Activity

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total transaction of $401,310.00. Following the sale, the chief operating officer owned 276,338 shares in the company, valued at $5,280,819.18. This represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by corporate insiders.

Institutional Trading of Healthcare Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Focus Financial Network Inc. purchased a new stake in Healthcare Realty Trust during the 3rd quarter worth about $181,000. Baldwin Wealth Partners LLC MA purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $215,000. Armstrong Advisory Group Inc. purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $346,000. GAMMA Investing LLC purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $222,000. Finally, Farther Finance Advisors LLC purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $68,000.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $17.02 on Friday. The company has a market cap of $5.83 billion, a P/E ratio of -65.45 and a beta of 0.97. Healthcare Realty Trust has a one year low of $16.31 and a one year high of $22.04. The firm has a 50-day moving average of $18.58 and a 200-day moving average of $19.35.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). The company had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $271.60 million. Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%. Healthcare Realty Trust’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. As a group, research analysts expect that Healthcare Realty Trust will post 1.65 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 dividend on an annualized basis and a yield of 5.6%. Healthcare Realty Trust’s payout ratio is presently -369.23%.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated (NYSE:HR) is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.