Brokerages Set Healthcare Realty Trust Incorporated (NYSE:HR) Target Price at $18.88

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

HR has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Cantor Fitzgerald raised 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 note on Tuesday, February 17th. Finally, Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st.

Healthcare Realty Trust Stock Down 0.3%

Healthcare Realty Trust stock opened at $17.19 on Tuesday. The business’s 50-day simple moving average is $17.66 and its 200 day simple moving average is $17.72. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of -24.20 and a beta of 0.96. 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 announced 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). Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The firm had revenue of $282.69 million for the quarter, compared to the consensus estimate of $284.37 million. During the same period in the prior year, the firm posted $0.40 earnings per share. The business’s revenue for the quarter 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 expect that Healthcare Realty Trust will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.6%. Healthcare Realty Trust’s payout ratio is -135.21%.

Insider Buying and Selling

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was acquired 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 $1,547,056.80. This trade represents a 13.24% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On Healthcare Realty Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HR. Dynamic Technology Lab Private Ltd acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth about $205,000. Empowered Funds LLC bought a new position in Healthcare Realty Trust during the 1st quarter worth approximately $202,000. Creative Planning grew its holdings in Healthcare Realty Trust by 3.4% during the second quarter. Creative Planning now owns 120,177 shares of the real estate investment trust’s stock valued at $1,906,000 after purchasing an additional 3,911 shares during the period. Cetera Investment Advisers grew its holdings in Healthcare Realty Trust by 11.0% during the second quarter. Cetera Investment Advisers now owns 71,765 shares of the real estate investment trust’s stock valued at $1,138,000 after purchasing an additional 7,089 shares during the period. Finally, Intech Investment Management LLC increased its stake in Healthcare Realty Trust by 68.3% in the second quarter. Intech Investment Management LLC now owns 40,883 shares of the real estate investment trust’s stock valued at $648,000 after purchasing an additional 16,587 shares in the last quarter.

Healthcare Realty Trust Company Profile

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.