Healthcare Realty Trust Incorporated (HR) To Go Ex-Dividend on February 24th

Healthcare Realty Trust Incorporated (NYSE:HR) announced a quarterly dividend on Thursday, February 12th. Stockholders of record on Tuesday, February 24th will be paid a dividend of 0.24 per share by the real estate investment trust on Wednesday, March 11th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Tuesday, February 24th.

Healthcare Realty Trust has decreased its dividend by an average of 0.0%per year over the last three years. Healthcare Realty Trust has a payout ratio of -309.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Healthcare Realty Trust to earn $1.63 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 58.9%.

Healthcare Realty Trust Stock Up 2.6%

NYSE:HR opened at $17.95 on Friday. The firm has a 50-day moving average price of $17.04 and a 200 day moving average price of $17.45. The firm has a market capitalization of $6.31 billion, a PE ratio of -25.28 and a beta of 0.97. Healthcare Realty Trust has a 12-month low of $14.09 and a 12-month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.36). The company had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.00%. The company’s revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, research analysts expect that Healthcare Realty Trust will post 1.59 EPS for the current year.

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.