Healthcare Realty Trust Incorporated (NYSE:HR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been assigned an average recommendation of “Hold” from the ten analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $18.8750.

A number of analysts recently issued reports on HR shares. Wells Fargo & Company raised their price objective on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Citigroup increased their target price on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Finally, Cantor Fitzgerald raised their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th.

Institutional Investors Weigh In On Healthcare Realty Trust

Institutional investors have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH grew its stake in Healthcare Realty Trust by 36.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock valued at $9,502,000 after buying an additional 140,396 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Healthcare Realty Trust by 8.8% during the third quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust’s stock worth $90,475,000 after acquiring an additional 404,855 shares in the last quarter. Marble Harbor Investment Counsel LLC boosted its holdings in shares of Healthcare Realty Trust by 6.8% in the second quarter. Marble Harbor Investment Counsel LLC now owns 909,932 shares of the real estate investment trust’s stock worth $14,432,000 after acquiring an additional 57,609 shares during the period. Liberty One Investment Management LLC grew its position in shares of Healthcare Realty Trust by 30.2% in the third quarter. Liberty One Investment Management LLC now owns 407,463 shares of the real estate investment trust’s stock valued at $7,347,000 after purchasing an additional 94,568 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Healthcare Realty Trust during the 2nd quarter valued at $66,085,000.

Healthcare Realty Trust Trading Down 2.1%

Shares of Healthcare Realty Trust stock opened at $18.41 on Friday. The business’s fifty day simple moving average is $17.41 and its 200 day simple moving average is $17.64. Healthcare Realty Trust has a 12 month low of $14.09 and a 12 month high of $18.97. The firm has a market capitalization of $6.42 billion, a P/E ratio of -25.93 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.36). The business had revenue of $282.69 million for the quarter, compared to analysts’ expectations of $284.37 million. Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The company’s revenue for the quarter was down 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Analysts predict that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $0.96 annualized dividend and a yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -135.21%.

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.