Healthcare Realty Trust (NYSE:HR) Hits New 52-Week High – What’s Next?

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $21.59 and last traded at $21.59, with a volume of 191230 shares changing hands. The stock had previously closed at $21.40.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on HR shares. Wells Fargo & Company lifted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Raymond James Financial started coverage on Healthcare Realty Trust in a report on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 target price for the company. 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 research note on Thursday, May 14th. Scotiabank lifted their price target on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Citigroup boosted 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 report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $21.67.

Healthcare Realty Trust Trading Up 1.9%

The stock’s fifty day moving average price is $20.49 and its 200-day moving average price is $18.87. The firm has a market cap of $7.60 billion, a price-to-earnings ratio of -37.83 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The firm had revenue of $275.28 million for the quarter, compared to analyst estimates of $283.01 million. During the same quarter in the previous year, the company earned $0.39 EPS. The business’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 Incorporated will post 1.63 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were given a $0.24 dividend. The ex-dividend date was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a yield of 4.4%. Healthcare Realty Trust’s payout ratio is currently -165.52%.

Insider Activity at Healthcare Realty Trust

In other news, CAO Amanda L. Callaway sold 25,767 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the transaction, the chief accounting officer owned 109,954 shares of the company’s stock, valued at $2,239,762.98. This represents a 18.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by company insiders.

Institutional Trading of Healthcare Realty Trust

Several institutional investors and hedge funds have recently bought and sold shares of HR. Wiser Advisor Group LLC acquired a new position in Healthcare Realty Trust in the third quarter valued at about $25,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at about $37,000. Main Street Group LTD acquired a new stake in shares of Healthcare Realty Trust during the first quarter valued at about $42,000. Prosperity Bancshares Inc acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at about $42,000. Finally, Inspire Investing LLC purchased a new stake in shares of Healthcare Realty Trust in the 1st quarter valued at approximately $45,000.

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.