Healthcare Realty Trust Incorporated (NYSE:HR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have received an average rating of “Hold” from the ten research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $18.8750.

A number of analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Friday. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Cantor Fitzgerald boosted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th.

Insider Activity

In other news, Director Thomas N. Bohjalian purchased 10,000 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $18.09 per share, for a total transaction of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares of the company’s stock, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Wiser Advisor Group LLC bought a new position in shares of Healthcare Realty Trust during the 3rd quarter worth $25,000. Smartleaf Asset Management LLC increased its stake in shares of Healthcare Realty Trust by 179.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 1,033 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Healthcare Realty Trust in the third quarter valued at about $32,000. Eurizon Capital SGR S.p.A. purchased a new stake in Healthcare Realty Trust in the fourth quarter worth about $37,000. Finally, Prosperity Bancshares Inc purchased a new stake in Healthcare Realty Trust in the fourth quarter worth about $42,000.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $16.81 on Tuesday. The stock has a 50 day moving average price of $17.64 and a 200 day moving average price of $17.69. Healthcare Realty Trust has a 52-week low of $14.09 and a 52-week high of $18.97. The firm has a market capitalization of $5.86 billion, a P/E ratio of -23.67 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The business had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. During the same period last year, the company earned $0.40 EPS. The business’s revenue was down 7.6% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. As a group, sell-side analysts forecast that Healthcare Realty Trust will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Tuesday, February 24th. Healthcare Realty Trust’s payout ratio is currently -135.21%.

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.