Healthcare Realty Trust (HR) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Healthcare Realty Trust (NYSE:HR) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01), Bloomberg Earnings reports. Healthcare Realty Trust had a return on equity of 1.34% and a net margin of 5.44%. The firm had revenue of $107.70 million during the quarter, compared to the consensus estimate of $109.91 million. During the same period last year, the company earned $0.41 EPS. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year.

Shares of Healthcare Realty Trust (NYSE:HR) opened at $27.61 on Friday. Healthcare Realty Trust has a twelve month low of $27.48 and a twelve month high of $36.25. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $3,459.46, a price-to-earnings ratio of 131.48, a PEG ratio of 4.17 and a beta of 0.20.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Friday, February 23rd will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $1.20 annualized dividend and a dividend yield of 4.35%. Healthcare Realty Trust’s dividend payout ratio is presently 571.43%.

In related news, EVP Robert E. Hull sold 1,495 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $33.87, for a total value of $50,635.65. Following the completion of the transaction, the executive vice president now owns 94,796 shares in the company, valued at approximately $3,210,740.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John M. Bryant, Jr. sold 6,638 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $32.38, for a total value of $214,938.44. Following the completion of the transaction, the executive vice president now owns 176,812 shares of the company’s stock, valued at approximately $5,725,172.56. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,847 shares of company stock valued at $551,491. Company insiders own 1.85% of the company’s stock.

HR has been the subject of a number of analyst reports. Mizuho restated a “hold” rating and set a $35.00 target price on shares of Healthcare Realty Trust in a report on Friday, October 27th. KeyCorp set a $25.00 target price on Healthcare Realty Trust and gave the stock a “sell” rating in a report on Sunday, October 29th. Zacks Investment Research upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, October 30th. BMO Capital Markets restated a “buy” rating and set a $34.00 target price on shares of Healthcare Realty Trust in a report on Thursday, November 2nd. Finally, Stifel Nicolaus restated a “buy” rating and set a $34.00 target price on shares of Healthcare Realty Trust in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $32.13.

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About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

Earnings History for Healthcare Realty Trust (NYSE:HR)

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