Healthcare Realty Trust Incorporated (HR) to Issue Quarterly Dividend of $0.24 on August 26th

Healthcare Realty Trust Incorporated (NYSE:HR) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Tuesday, August 11th will be paid a dividend of 0.24 per share by the real estate investment trust on Wednesday, August 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Tuesday, August 11th.

Healthcare Realty Trust has increased its dividend payment by an average of 0.0%annually over the last three years. Healthcare Realty Trust has a dividend payout ratio of -309.7% meaning 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 $1.68 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 57.1%.

Healthcare Realty Trust Stock Down 2.4%

Shares of HR opened at $21.02 on Friday. Healthcare Realty Trust has a 52-week low of $15.28 and a 52-week high of $22.04. The stock has a fifty day simple moving average of $20.55 and a two-hundred day simple moving average of $18.95. The company has a market capitalization of $7.28 billion, a PE ratio of -80.86 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.87%. The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $271.60 million. During the same period in the previous year, the firm posted $0.41 EPS. The company’s revenue was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. As a group, equities analysts anticipate that Healthcare Realty Trust will post 1.63 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Amanda L. Callaway sold 25,767 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total value of $524,873.79. Following the transaction, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This represents a 18.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.56% of the company’s stock.

Institutional Trading of Healthcare Realty Trust

Several institutional investors have recently added to or reduced their stakes in HR. Wiser Advisor Group LLC acquired a new position in Healthcare Realty Trust during the third quarter worth $25,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of Healthcare Realty Trust in the fourth quarter worth $37,000. Main Street Group LTD acquired a new stake in Healthcare Realty Trust in the first quarter valued at approximately $42,000. Prosperity Bancshares Inc acquired a new stake in Healthcare Realty Trust during the 4th quarter worth $42,000. Finally, Inspire Investing LLC acquired a new stake in Healthcare Realty Trust during the 1st quarter worth $45,000.

About Healthcare Realty Trust

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.