Healthcare Realty Trust Incorporated (NYSE:HR) Stock Has Consensus Price Target of $21.70 According to Brokerages

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have earned an average recommendation of “Hold” from the eleven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $21.70.

Several research firms have commented on HR. Jefferies Financial Group began coverage on shares of Healthcare Realty Trust in a research note on Tuesday, September 15th. They set a “hold” rating and a $20.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Weiss Ratings raised shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Cantor Fitzgerald upped their price objective on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Raymond James Financial initiated coverage on shares of Healthcare Realty Trust in a report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 target price on the stock.

Healthcare Realty Trust Trading Up 0.1%

Shares of NYSE HR opened at $17.18 on Friday. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of -66.06 and a beta of 0.97. Healthcare Realty Trust has a 1-year low of $16.31 and a 1-year high of $22.04. The stock’s 50-day moving average is $18.70 and its 200 day moving average is $19.35.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%. The firm had revenue of $278.58 million during the quarter, compared to the consensus estimate of $271.60 million. During the same quarter in the previous year, the firm earned $0.41 EPS. The business’s quarterly 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. On average, analysts forecast that Healthcare Realty Trust will post 1.65 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were paid a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 annualized dividend and a yield of 5.6%. Healthcare Realty Trust’s payout ratio is currently -369.23%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total transaction of $401,310.00. Following the completion of the sale, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. This represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.56% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Healthcare Realty Trust

A number of hedge funds and other institutional investors have recently modified their holdings of HR. Resolution Capital Ltd boosted 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 purchasing an additional 5,892,501 shares during the period. Centersquare Investment Management LLC increased its holdings in Healthcare Realty Trust by 38.0% during the 4th quarter. Centersquare Investment Management LLC now owns 5,970,456 shares of the real estate investment trust’s stock valued at $101,199,000 after purchasing an additional 1,645,208 shares during the period. Renaissance Technologies LLC increased its holdings in Healthcare Realty Trust by 100.0% during the 1st 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 period. Cohen & Steers Inc. increased its holdings in Healthcare Realty Trust by 1.3% during the 4th quarter. Cohen & Steers Inc. now owns 56,305,460 shares of the real estate investment trust’s stock valued at $954,424,000 after purchasing an additional 744,729 shares during the period. Finally, Sei Investments Co. raised its position in Healthcare Realty Trust by 20.0% during the 1st 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 during the last quarter.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated (NYSE:HR) is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.