Healthcare Realty Trust Incorporated (HR) To Go Ex-Dividend on November 10th

Healthcare Realty Trust Incorporated (NYSE:HR) declared a quarterly dividend on Thursday, October 30th. Investors of record on Tuesday, November 11th will be paid a dividend of 0.24 per share by the real estate investment trust on Friday, November 21st. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, November 10th.

Healthcare Realty Trust has decreased its dividend payment by an average of 0.0%per year over the last three years. Healthcare Realty Trust has a payout ratio of -309.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Healthcare Realty Trust to earn $1.63 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 58.9%.

Healthcare Realty Trust Stock Up 1.1%

Shares of HR stock opened at $18.11 on Friday. Healthcare Realty Trust has a fifty-two week low of $14.09 and a fifty-two week high of $18.97. The firm’s 50 day moving average price is $18.03 and its two-hundred day moving average price is $16.48. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of -15.74 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $287.40 million for the quarter, compared to analyst estimates of $291.10 million. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The firm’s revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, equities analysts forecast that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the completion of the acquisition, the director directly owned 75,520 shares of the company’s stock, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Julie F. Wilson sold 15,000 shares of Healthcare Realty Trust stock in a transaction on Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the completion of the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On Healthcare Realty Trust

Institutional investors have recently added to or reduced their stakes in the company. World Investment Advisors grew its holdings in Healthcare Realty Trust by 31.1% during the first quarter. World Investment Advisors now owns 15,962 shares of the real estate investment trust’s stock valued at $270,000 after purchasing an additional 3,787 shares during the period. Crossmark Global Holdings Inc. purchased a new position in shares of Healthcare Realty Trust in the first quarter worth about $228,000. Brown Advisory Inc. lifted its position in shares of Healthcare Realty Trust by 32.3% during the first quarter. Brown Advisory Inc. now owns 31,068 shares of the real estate investment trust’s stock worth $525,000 after acquiring an additional 7,587 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Healthcare Realty Trust in the first quarter valued at $48,000. Finally, State of Michigan Retirement System lifted its holdings in Healthcare Realty Trust by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 84,853 shares of the real estate investment trust’s stock worth $1,434,000 after purchasing an additional 900 shares in the last quarter.

About Healthcare Realty Trust

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.