Equities research analysts expect Healthcare Realty Trust Inc (NYSE:HR) to report $0.39 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Healthcare Realty Trust’s earnings. The highest EPS estimate is $0.40 and the lowest is $0.38. Healthcare Realty Trust posted earnings of $0.40 per share during the same quarter last year, which would indicate a negative year over year growth rate of 2.5%. The firm is scheduled to issue its next earnings results after the market closes on Wednesday, May 1st.
On average, analysts expect that Healthcare Realty Trust will report full year earnings of $1.60 per share for the current year, with EPS estimates ranging from $1.58 to $1.64. For the next financial year, analysts anticipate that the business will report earnings of $1.66 per share, with EPS estimates ranging from $1.61 to $1.70. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for Healthcare Realty Trust.
Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Wednesday, February 13th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.27). Healthcare Realty Trust had a return on equity of 3.99% and a net margin of 15.49%. The firm had revenue of $113.17 million during the quarter, compared to analysts’ expectations of $114.17 million. During the same period in the previous year, the firm earned $0.38 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis.
HR has been the topic of a number of analyst reports. Morgan Stanley set a $31.00 price objective on shares of Healthcare Realty Trust and gave the stock a “hold” rating in a research report on Thursday, March 28th. ValuEngine downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, December 26th. Raymond James raised shares of Healthcare Realty Trust from an “underperform” rating to a “market perform” rating in a research report on Tuesday, January 8th. Finally, TheStreet raised shares of Healthcare Realty Trust from a “c” rating to a “b-” rating in a research report on Thursday, February 14th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $31.00.
A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Healthcare Realty Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 18,462,720 shares of the real estate investment trust’s stock worth $540,219,000 after purchasing an additional 182,166 shares during the last quarter. Vanguard Group Inc grew its position in Healthcare Realty Trust by 1.0% during the 3rd quarter. Vanguard Group Inc now owns 18,462,720 shares of the real estate investment trust’s stock worth $540,219,000 after purchasing an additional 182,166 shares during the last quarter. BlackRock Inc. grew its position in Healthcare Realty Trust by 1.8% during the 4th quarter. BlackRock Inc. now owns 18,411,389 shares of the real estate investment trust’s stock worth $523,620,000 after purchasing an additional 330,144 shares during the last quarter. FMR LLC grew its position in Healthcare Realty Trust by 0.3% during the 4th quarter. FMR LLC now owns 5,780,858 shares of the real estate investment trust’s stock worth $164,408,000 after purchasing an additional 15,399 shares during the last quarter. Finally, Resolution Capital Ltd lifted its stake in Healthcare Realty Trust by 24.4% during the 1st quarter. Resolution Capital Ltd now owns 3,271,519 shares of the real estate investment trust’s stock valued at $105,048,000 after acquiring an additional 642,443 shares during the period. 97.49% of the stock is currently owned by institutional investors.
Shares of Healthcare Realty Trust stock traded down $0.11 on Friday, reaching $30.66. The stock had a trading volume of 584,800 shares, compared to its average volume of 628,796. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.78. Healthcare Realty Trust has a 1 year low of $26.09 and a 1 year high of $32.98. The company has a market cap of $3.86 billion, a P/E ratio of 19.59, a PEG ratio of 6.14 and a beta of 0.52.
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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