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

Healthcare Realty Trust Incorporated (NYSE:HR) has earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $18.8750.

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

Healthcare Realty Trust Price Performance

Shares of HR opened at $18.54 on Friday. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of -26.11 and a beta of 0.97. Healthcare Realty Trust has a 1-year low of $14.09 and a 1-year high of $18.97. The company has a 50-day moving average of $17.24 and a 200 day moving average of $17.57.

Healthcare Realty Trust (NYSE:HR) last issued its 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 return on equity of 5.07% and a negative net margin of 20.84%.The company had revenue of $282.69 million for the quarter, compared to analysts’ expectations of $284.37 million. During the same period last year, the business posted $0.40 earnings per share. The business’s revenue was down 7.6% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, equities analysts anticipate that Healthcare Realty Trust will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Tuesday, February 24th will be paid a dividend of $0.24 per share. The ex-dividend date is Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -135.21%.

Hedge Funds Weigh In On Healthcare Realty Trust

A number of large investors have recently bought and sold shares of HR. PGGM Investments bought a new stake in Healthcare Realty Trust during the 4th quarter valued at $113,389,000. Invesco Ltd. raised its position in shares of Healthcare Realty Trust by 233.8% in the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after acquiring an additional 5,393,651 shares in the last quarter. Norges Bank purchased a new stake in shares of Healthcare Realty Trust during the 2nd quarter worth $66,085,000. Jupiter Asset Management Ltd. purchased a new stake in shares of Healthcare Realty Trust during the 4th quarter worth $31,810,000. Finally, Russell Investments Group Ltd. boosted its position in Healthcare Realty Trust by 68.7% during the third quarter. Russell Investments Group Ltd. now owns 4,392,815 shares of the real estate investment trust’s stock valued at $79,201,000 after purchasing an additional 1,789,111 shares in the last quarter.

About Healthcare Realty Trust

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.