Healthcare Realty Trust Inc (NYSE:HR) – Capital One Financial upped their Q4 2019 EPS estimates for Healthcare Realty Trust in a report released on Wednesday, November 6th. Capital One Financial analyst D. Bernstein now forecasts that the real estate investment trust will earn $0.40 per share for the quarter, up from their prior forecast of $0.39. Capital One Financial currently has a “Equal Weight” rating on the stock. Capital One Financial also issued estimates for Healthcare Realty Trust’s Q4 2020 earnings at $0.42 EPS, Q1 2021 earnings at $0.43 EPS, Q2 2021 earnings at $0.44 EPS, Q3 2021 earnings at $0.43 EPS and FY2021 earnings at $1.73 EPS.
Other equities research analysts also recently issued reports about the company. Morgan Stanley boosted their price target on Healthcare Realty Trust from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, September 17th. Berenberg Bank began coverage on Healthcare Realty Trust in a report on Thursday, September 12th. They issued a “buy” rating for the company. ValuEngine downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $31.00 price target on shares of Healthcare Realty Trust in a report on Wednesday. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $33.67.
Shares of NYSE HR opened at $32.18 on Friday. Healthcare Realty Trust has a twelve month low of $27.08 and a twelve month high of $34.89. The company has a current ratio of 0.16, a quick ratio of 0.13 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 9.36 and a beta of 0.29. The business has a 50 day simple moving average of $33.71 and a 200-day simple moving average of $32.60.
Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.37). Healthcare Realty Trust had a net margin of 6.12% and a return on equity of 1.59%. The firm had revenue of $119.80 million during the quarter, compared to the consensus estimate of $117.93 million. During the same quarter last year, the firm posted $0.39 earnings per share. Healthcare Realty Trust’s revenue was up 5.6% compared to the same quarter last year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.20 dividend on an annualized basis and a yield of 3.73%. Healthcare Realty Trust’s payout ratio is currently 76.43%.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Marshall Wace North America L.P. acquired a new position in Healthcare Realty Trust during the 1st quarter worth $39,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Healthcare Realty Trust in the second quarter valued at $46,000. Kavar Capital Partners LLC acquired a new stake in shares of Healthcare Realty Trust in the second quarter valued at $56,000. First Interstate Bank acquired a new stake in shares of Healthcare Realty Trust in the third quarter valued at $116,000. Finally, Carroll Financial Associates Inc. acquired a new stake in shares of Healthcare Realty Trust in the second quarter valued at $176,000. Hedge funds and other institutional investors own 96.65% of the company’s stock.
About Healthcare Realty Trust
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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