Healthcare Realty Trust Incorporated (NYSE:HR – Get Free Report) crossed above its 50 day moving average during trading on Friday following a better than expected earnings announcement. The stock has a 50 day moving average of $18.17 and traded as high as $18.79. Healthcare Realty Trust shares last traded at $18.45, with a volume of 9,563,004 shares trading hands.
The real estate investment trust reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.46). The business had revenue of $286.64 million during the quarter, compared to the consensus estimate of $275.27 million. Healthcare Realty Trust had a negative return on equity of 1.00% and a negative net margin of 3.96%. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 earnings per share.
Healthcare Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, November 10th. Healthcare Realty Trust’s dividend payout ratio is -369.23%.
Healthcare Realty Trust News Roundup
- Positive Sentiment: Raised 2026 outlook: Healthcare Realty increased its normalized FFO guidance to $1.65–$1.67 per share, raising the midpoint by $0.02. Same-store cash NOI growth guidance was also lifted to 5.00%–5.25%, signaling improved expected property-level performance. Healthcare Realty Reports Third Quarter 2026 Results and Further Increases Full Year 2026 Guidance
- Positive Sentiment: FFO beat expectations: Third-quarter normalized funds from operations reached $0.42 per share, up from $0.41 a year earlier and above the $0.41 analyst consensus. FFO is a key valuation measure for REIT investors and helped offset concerns about the GAAP results. Healthcare Realty Trust Tops Q3 FFO and Revenue Estimates
- Positive Sentiment: Income return remains attractive: The company declared a quarterly dividend of $0.24 per share, or $0.96 annually, representing an indicated yield of approximately 5.3% based on the supplied trading data. Healthcare Realty Trust Dividend Information
- Neutral Sentiment: Share repurchase authorization: Reports referenced a $500 million equity buyback plan, which could support per-share value over time, although the plan dates back to 2025 and its current pace of execution was not specified. Healthcare Realty Trust Announces an Equity Buyback
- Negative Sentiment: GAAP results remained weak: HR reported a third-quarter loss of $0.05 per share versus $0.41 of earnings a year earlier, while revenue declined 3.4% year over year. The loss could limit enthusiasm if investors place greater weight on reported earnings than on adjusted FFO. Healthcare Realty Trust Third Quarter Earnings Results
Wall Street Analysts Forecast Growth
HR has been the subject of several research reports. UBS Group reduced their price objective on Healthcare Realty Trust from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. Royal Bank Of Canada boosted their target price on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Cantor Fitzgerald upped their target price on Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Wells Fargo & Company decreased their price target on Healthcare Realty Trust from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Finally, Jefferies Financial Group began coverage on Healthcare Realty Trust in a research note on Tuesday, September 15th. They issued a “hold” rating and a $20.00 price target on the stock. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and a consensus price target of $21.36.
Check Out Our Latest Research Report on Healthcare Realty Trust
Insiders Place Their Bets
In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total transaction of $401,310.00. Following the transaction, the chief operating officer directly owned 276,338 shares in the company, valued at approximately $5,280,819.18. The trade was a 7.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.56% of the company’s stock.
Institutional Trading of Healthcare Realty Trust
Large investors have recently added to or reduced their stakes in the company. Resolution Capital Ltd raised its holdings in shares of Healthcare Realty Trust by 72.4% during the first quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock worth $238,444,000 after acquiring an additional 5,892,501 shares in the last quarter. Pzena Investment Management LLC acquired a new stake in Healthcare Realty Trust during the third quarter valued at $39,479,000. Renaissance Technologies LLC boosted its position in Healthcare Realty Trust by 100.0% during the first quarter. Renaissance Technologies LLC now owns 1,549,172 shares of the real estate investment trust’s stock valued at $26,320,000 after purchasing an additional 774,500 shares during the last quarter. Sei Investments Co. grew its stake in Healthcare Realty Trust by 20.0% in the first quarter. Sei Investments Co. now owns 3,942,866 shares of the real estate investment trust’s stock valued at $66,989,000 after purchasing an additional 656,968 shares in the last quarter. Finally, Asset Management One Co. Ltd. purchased a new position in Healthcare Realty Trust in the third quarter valued at about $10,522,000.
Healthcare Realty Trust Trading Up 1.8%
The firm has a 50-day simple moving average of $18.17 and a two-hundred day simple moving average of $18.81. The company has a market capitalization of $6.32 billion, a price-to-earnings ratio of -131.79 and a beta of 0.97.
About Healthcare Realty Trust
Healthcare Realty Trust Incorporated (NYSE: HR) is a real estate investment trust focused on owning, managing, acquiring and developing outpatient healthcare properties. Its portfolio primarily includes medical office buildings, ambulatory surgery centers, outpatient facilities and other properties used by healthcare providers.
The company leases space to health systems, physician groups and other healthcare organizations, with properties generally located on or near hospital campuses and in growing outpatient care settings.
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