Healthcare Realty Trust (NYSE:HR) Issues Earnings Results

Healthcare Realty Trust (NYSE:HR) released its earnings results on Wednesday. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01, Zacks reports. The business had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. Healthcare Realty Trust updated its FY 2025 guidance to 1.560-1.600 EPS and its FY25 guidance to $1.56 to $1.60 EPS.

Healthcare Realty Trust Stock Down 0.0 %

HR stock traded down $0.01 on Friday, reaching $16.58. 396,983 shares of the company’s stock were exchanged, compared to its average volume of 2,366,098. The stock has a fifty day moving average of $16.67 and a 200-day moving average of $17.41. Healthcare Realty Trust has a twelve month low of $12.77 and a twelve month high of $18.90. The firm has a market cap of $5.87 billion, a PE ratio of -9.31 and a beta of 0.94.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.48%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is presently -69.66%.

Insider Buying and Selling

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total transaction of $174,800.00. Following the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.56% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HR. Wedbush reissued an “outperform” rating and issued a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a report on Friday, December 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $17.40.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.