Wall Street brokerages expect that Healthcare Realty Trust Inc (NYSE:HR) will post sales of $119.93 million for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for Healthcare Realty Trust’s earnings, with the highest sales estimate coming in at $121.80 million and the lowest estimate coming in at $117.88 million. Healthcare Realty Trust reported sales of $113.17 million during the same quarter last year, which indicates a positive year over year growth rate of 6%. The business is expected to issue its next quarterly earnings results on Wednesday, February 12th.
According to Zacks, analysts expect that Healthcare Realty Trust will report full year sales of $468.15 million for the current year, with estimates ranging from $464.04 million to $471.93 million. For the next fiscal year, analysts anticipate that the business will report sales of $492.47 million, with estimates ranging from $479.28 million to $512.19 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Healthcare Realty Trust.
Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.02 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.37). Healthcare Realty Trust had a return on equity of 1.59% and a net margin of 6.12%. The firm had revenue of $119.80 million for the quarter, compared to analysts’ expectations of $117.93 million. During the same quarter in the prior year, the business earned $0.39 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis.
Shares of HR stock traded up $0.24 on Friday, hitting $33.45. The stock had a trading volume of 1,141,274 shares, compared to its average volume of 712,046. The company’s 50 day moving average price is $33.19 and its 200-day moving average price is $32.83. Healthcare Realty Trust has a 1 year low of $27.08 and a 1 year high of $34.89. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a market capitalization of $4.44 billion, a P/E ratio of 21.31, a P/E/G ratio of 9.42 and a beta of 0.27.
The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.20 dividend on an annualized basis and a yield of 3.59%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently 76.43%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Marshall Wace North America L.P. purchased a new stake in shares of Healthcare Realty Trust in the 1st quarter valued at approximately $39,000. Steward Partners Investment Advisory LLC purchased a new position in Healthcare Realty Trust in the second quarter valued at $46,000. Kavar Capital Partners LLC purchased a new position in Healthcare Realty Trust in the second quarter valued at $56,000. First Interstate Bank acquired a new stake in Healthcare Realty Trust in the third quarter valued at $116,000. Finally, Point72 Hong Kong Ltd acquired a new stake in Healthcare Realty Trust in the second quarter valued at $176,000. 93.23% of the stock is owned by hedge funds and other institutional investors.
Healthcare Realty Trust Company Profile
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.
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