Analysts expect that Healthcare Realty Trust Inc (NYSE:HR) will announce $0.40 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Healthcare Realty Trust’s earnings, with the lowest EPS estimate coming in at $0.39 and the highest estimate coming in at $0.41. Healthcare Realty Trust also reported earnings per share of $0.40 in the same quarter last year. The company is scheduled to report its next earnings report on Thursday, August 1st.

On average, analysts expect that Healthcare Realty Trust will report full year earnings of $1.58 per share for the current financial year, with EPS estimates ranging from $1.55 to $1.61. For the next financial year, analysts anticipate that the company will post earnings of $1.63 per share, with EPS estimates ranging from $1.61 to $1.68. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.39. The firm had revenue of $112.66 million for the quarter, compared to analysts’ expectations of $114.57 million. Healthcare Realty Trust had a net margin of 14.52% and a return on equity of 3.73%. The business’s revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 EPS.

HR has been the topic of several research analyst reports. ValuEngine raised shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a report on Thursday, January 17th. TheStreet raised shares of Healthcare Realty Trust from a “c” rating to a “b-” rating in a report on Thursday, February 14th. Morgan Stanley set a $31.00 price target on shares of Healthcare Realty Trust and gave the company a “hold” rating in a report on Thursday, March 28th. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, April 19th. Finally, Raymond James raised shares of Healthcare Realty Trust from a “mkt perform” rating to an “outperform” rating and set a $34.00 price target on the stock in a report on Monday. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $31.75.

Healthcare Realty Trust stock opened at $31.22 on Monday. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 19.89, a P/E/G ratio of 6.38 and a beta of 0.49. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.74. Healthcare Realty Trust has a twelve month low of $26.09 and a twelve month high of $32.98.

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Wednesday, May 15th will be issued a $0.30 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.20 annualized dividend and a yield of 3.84%. Healthcare Realty Trust’s dividend payout ratio is currently 76.43%.

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $509,000. BlueCrest Capital Management Ltd acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $295,000. Sandler Capital Management acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $10,275,000. Zimmer Partners LP acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $13,647,000. Finally, Blackstone Group L.P. acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $4,817,000. Hedge funds and other institutional investors own 94.24% 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.

Further Reading: Quick Ratio

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Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

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