Analysts expect Healthcare Realty Trust Inc (NYSE:HR) to announce $113.46 million in sales for the current quarter, Zacks reports. Five analysts have made estimates for Healthcare Realty Trust’s earnings, with the highest sales estimate coming in at $115.02 million and the lowest estimate coming in at $110.77 million. Healthcare Realty Trust posted sales of $107.73 million during the same quarter last year, which would indicate a positive year over year growth rate of 5.3%. The business is expected to report its next quarterly earnings results on Wednesday, February 13th.

According to Zacks, analysts expect that Healthcare Realty Trust will report full year sales of $448.71 million for the current fiscal year, with estimates ranging from $441.02 million to $451.67 million. For the next year, analysts forecast that the company will post sales of $468.87 million, with estimates ranging from $461.45 million to $479.62 million. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.34). Healthcare Realty Trust had a net margin of 3.66% and a return on equity of 0.92%. The company had revenue of $113.46 million for the quarter, compared to the consensus estimate of $112.45 million. During the same period last year, the business earned $0.38 EPS. The firm’s quarterly revenue was up 6.0% on a year-over-year basis.

A number of research analysts recently weighed in on HR shares. Morgan Stanley lowered Healthcare Realty Trust from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $29.00 to $28.00 in a research report on Thursday, August 16th. Mizuho reissued a “hold” rating and issued a $28.00 target price on shares of Healthcare Realty Trust in a report on Monday, August 13th. Raymond James initiated coverage on Healthcare Realty Trust in a report on Thursday, October 18th. They issued an “underperform” rating for the company. Finally, Zacks Investment Research raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, August 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. Healthcare Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $30.43.

HR stock traded up $0.06 on Wednesday, reaching $31.65. 1,194,429 shares of the company traded hands, compared to its average volume of 684,944. Healthcare Realty Trust has a one year low of $26.09 and a one year high of $33.98. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.77. The firm has a market cap of $3.96 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 5.00 and a beta of 0.26.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 30th. Shareholders of record on Thursday, November 15th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date was Wednesday, November 14th. Healthcare Realty Trust’s payout ratio is 78.43%.

In other news, Director Bruce D. Sullivan sold 3,000 shares of the firm’s stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of $31.13, for a total value of $93,390.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Peter F. Sr Lyle, Sr. sold 3,298 shares of the firm’s stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $30.44, for a total value of $100,391.12. Following the completion of the transaction, the director now owns 5,787 shares in the company, valued at $176,156.28. The disclosure for this sale can be found here. In the last three months, insiders sold 22,964 shares of company stock valued at $693,877. Corporate insiders own 1.85% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Healthcare Realty Trust by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 18,462,720 shares of the real estate investment trust’s stock worth $540,219,000 after buying an additional 182,166 shares during the last quarter. Standard Life Aberdeen plc boosted its stake in shares of Healthcare Realty Trust by 6.4% in the 3rd quarter. Standard Life Aberdeen plc now owns 960,050 shares of the real estate investment trust’s stock worth $28,091,000 after buying an additional 57,900 shares during the last quarter. Teachers Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 1.6% in the 3rd quarter. Teachers Advisors LLC now owns 236,229 shares of the real estate investment trust’s stock worth $6,912,000 after buying an additional 3,615 shares during the last quarter. Macquarie Group Ltd. boosted its stake in shares of Healthcare Realty Trust by 2.3% in the 3rd quarter. Macquarie Group Ltd. now owns 1,802,425 shares of the real estate investment trust’s stock worth $52,739,000 after buying an additional 40,682 shares during the last quarter. Finally, MetLife Investment Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 18.1% in the 3rd quarter. MetLife Investment Advisors LLC now owns 159,961 shares of the real estate investment trust’s stock worth $4,680,000 after buying an additional 24,521 shares during the last quarter. Hedge funds and other institutional investors own 96.49% 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 September 30, 2018, the Company owned 201 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $5.0 billion.

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

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