$0.41 Earnings Per Share Expected for Healthcare Realty Trust Inc (NYSE:HR) This Quarter

Equities analysts predict that Healthcare Realty Trust Inc (NYSE:HR) will announce earnings per share of $0.41 for the current quarter, according to Zacks. Six analysts have issued estimates for Healthcare Realty Trust’s earnings, with the lowest EPS estimate coming in at $0.40 and the highest estimate coming in at $0.43. Healthcare Realty Trust reported earnings of $0.40 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.5%. The firm is expected to report its next earnings results on Wednesday, February 12th.

On average, analysts expect that Healthcare Realty Trust will report full-year earnings of $1.60 per share for the current fiscal year, with EPS estimates ranging from $1.58 to $1.62. For the next fiscal year, analysts expect that the firm will report earnings of $1.65 per share, with EPS estimates ranging from $1.63 to $1.67. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Monday, November 4th. The real estate investment trust reported $0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.37). Healthcare Realty Trust had a net margin of 6.12% and a return on equity of 1.59%. The business had revenue of $119.80 million for the quarter, compared to the consensus estimate of $117.93 million. During the same quarter last year, the business earned $0.39 EPS. Healthcare Realty Trust’s revenue for the quarter was up 5.6% compared to the same quarter last year.

HR has been the subject of several research reports. Morgan Stanley increased their price objective on shares of Healthcare Realty Trust from $31.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 17th. Capital One Financial reiterated an “equal weight” rating on shares of Healthcare Realty Trust in a research report on Thursday, August 1st. ValuEngine lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Berenberg Bank initiated coverage on shares of Healthcare Realty Trust in a research report on Thursday, September 12th. They set a “buy” rating for the company. Finally, Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Tuesday. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $33.60.

Several institutional investors and hedge funds have recently made changes to their positions in HR. Price T Rowe Associates Inc. MD raised its stake in shares of Healthcare Realty Trust by 5.5% in the second quarter. Price T Rowe Associates Inc. MD now owns 9,117,172 shares of the real estate investment trust’s stock valued at $285,550,000 after acquiring an additional 473,389 shares during the period. Capital Advisors Inc. OK raised its stake in shares of Healthcare Realty Trust by 313.3% in the second quarter. Capital Advisors Inc. OK now owns 335,793 shares of the real estate investment trust’s stock valued at $10,517,000 after acquiring an additional 254,552 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Healthcare Realty Trust by 12.3% in the second quarter. Bank of New York Mellon Corp now owns 2,156,928 shares of the real estate investment trust’s stock valued at $67,555,000 after acquiring an additional 235,936 shares during the period. Eaton Vance Management raised its stake in shares of Healthcare Realty Trust by 46.3% in the second quarter. Eaton Vance Management now owns 665,394 shares of the real estate investment trust’s stock valued at $20,840,000 after acquiring an additional 210,438 shares during the period. Finally, State of New Jersey Common Pension Fund D purchased a new stake in shares of Healthcare Realty Trust in the third quarter valued at $3,936,000. 96.66% of the stock is currently owned by institutional investors and hedge funds.

HR stock traded up $0.31 during trading on Monday, hitting $32.41. 830,830 shares of the company’s stock traded hands, compared to its average volume of 809,467. Healthcare Realty Trust has a 52 week low of $27.08 and a 52 week high of $34.89. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.16 and a current ratio of 0.16. The business has a fifty day simple moving average of $33.57 and a 200 day simple moving average of $32.65. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 20.64, a P/E/G ratio of 9.10 and a beta of 0.29.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 14th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Wednesday, November 13th. Healthcare Realty Trust’s dividend payout ratio is currently 76.43%.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

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