Healthcare Realty Trust (NYSE:HR) Posts Earnings Results, Misses Expectations By $0.53 EPS

Healthcare Realty Trust (NYSE:HRGet Free Report) announced its quarterly earnings results on Thursday. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53), FiscalAI reports. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The company had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $271.60 million. During the same period in the previous year, the business earned $0.41 EPS. The business’s revenue was down 5.3% compared to the same quarter last year. Healthcare Realty Trust updated its FY 2026 guidance to 1.620-1.660 EPS.

Healthcare Realty Trust Stock Down 1.7%

NYSE:HR traded down $0.36 during mid-day trading on Friday, hitting $21.16. 2,351,321 shares of the company traded hands, compared to its average volume of 3,867,676. The stock’s fifty day moving average price is $20.54 and its 200-day moving average price is $18.93. Healthcare Realty Trust has a one year low of $15.28 and a one year high of $22.04. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of -36.49 and a beta of 0.98.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.96 annualized dividend and a yield of 4.5%. Healthcare Realty Trust’s payout ratio is -165.52%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HR shares. Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday. BTIG Research reiterated a “buy” rating and set a $22.00 target price on shares of Healthcare Realty Trust in a research note on Friday, June 12th. Wells Fargo & Company increased their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. JPMorgan Chase & Co. raised their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, Citigroup lifted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $21.89.

View Our Latest Research Report on HR

Insider Activity at Healthcare Realty Trust

In other news, CAO Amanda L. Callaway sold 25,767 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the transaction, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at $2,239,762.98. The trade was a 18.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.56% of the stock is owned by company insiders.

Institutional Investors Weigh In On Healthcare Realty Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wiser Advisor Group LLC purchased a new position in Healthcare Realty Trust during the third quarter valued at approximately $25,000. Prosperity Bancshares Inc purchased a new position in shares of Healthcare Realty Trust during the 4th quarter valued at $42,000. Danske Bank A S bought a new position in Healthcare Realty Trust in the 3rd quarter worth $47,000. Harvest Fund Management Co. Ltd bought a new position in Healthcare Realty Trust in the 3rd quarter worth $55,000. Finally, Advisory Services Network LLC purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth $55,000.

Healthcare Realty Trust Company Profile

(Get Free Report)

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.

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Earnings History for Healthcare Realty Trust (NYSE:HR)

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