Healthcare Realty Trust (NYSE:HR) Releases Earnings Results

Healthcare Realty Trust (NYSE:HR) issued its earnings results on Wednesday. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01, Zacks reports. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same period last year, the company earned $0.39 EPS. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. 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 %

NYSE HR traded down $0.01 during trading on Friday, hitting $16.58. The stock had a trading volume of 396,983 shares, compared to its average volume of 2,366,098. The company has a market capitalization of $5.87 billion, a PE ratio of -9.31 and a beta of 0.94. The firm has a 50 day moving average price of $16.67 and a 200 day moving average price of $17.41. Healthcare Realty Trust has a twelve month low of $12.77 and a twelve month high of $18.90.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.48%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Insider Buying and Selling at Healthcare Realty Trust

In other news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the transaction, the chief operating officer now owns 171,400 shares in the company, valued at approximately $2,996,072. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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