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

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have received a consensus recommendation of “Hold” from the ten research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $20.50.

HR has been the topic of a number of recent research reports. Royal Bank Of Canada raised their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. Wells Fargo & Company raised their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Citigroup raised their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings cut Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, UBS Group raised their target price on Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $19.66 on Friday. Healthcare Realty Trust has a one year low of $14.19 and a one year high of $20.61. The stock’s fifty day moving average is $18.93 and its 200 day moving average is $18.02. The stock has a market cap of $6.81 billion, a P/E ratio of -33.90 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The company had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. During the same period last year, the firm earned $0.39 EPS. Healthcare Realty Trust’s revenue for the quarter was down 7.7% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Analysts predict that Healthcare Realty Trust will post 1.61 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a yield of 4.9%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -165.52%.

Institutional Investors Weigh In On Healthcare Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Wiser Advisor Group LLC bought a new stake in Healthcare Realty Trust during the third quarter valued at about $25,000. Smartleaf Asset Management LLC raised its holdings in Healthcare Realty Trust by 179.7% during the third 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 period. Atlantic Union Bankshares Corp bought a new stake in Healthcare Realty Trust during the third quarter valued at about $32,000. Eurizon Capital SGR S.p.A. purchased a new position in Healthcare Realty Trust in the fourth quarter worth about $37,000. Finally, Main Street Group LTD purchased a new position in Healthcare Realty Trust in the first quarter worth about $42,000.

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.