Analysts Set Healthcare Realty Trust Incorporated (NYSE:HR) Target Price at $18.88

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been given a consensus recommendation of “Hold” by the eleven ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $18.7778.

Several research analysts have issued reports on the company. UBS Group assumed coverage on Healthcare Realty Trust in a report on Monday. They issued a “neutral” rating and a $18.00 price target on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Friday, March 27th. Cantor Fitzgerald upped their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st.

Insider Activity

In related news, Director Thomas N. Bohjalian purchased 10,000 shares of the company’s stock in a transaction on Friday, March 6th. The shares were bought at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares of the company’s stock, valued at approximately $1,547,056.80. This represents a 13.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Institutional Trading of Healthcare Realty Trust

Several large investors have recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC raised its stake in Healthcare Realty Trust by 4.8% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 12,580 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 579 shares during the period. US Bancorp DE raised its stake in Healthcare Realty Trust by 5.8% during the 3rd quarter. US Bancorp DE now owns 10,959 shares of the real estate investment trust’s stock valued at $198,000 after purchasing an additional 602 shares during the period. Consolidated Portfolio Review Corp raised its stake in Healthcare Realty Trust by 1.2% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 55,786 shares of the real estate investment trust’s stock valued at $1,006,000 after purchasing an additional 637 shares during the period. Linden Thomas Advisory Services LLC raised its stake in Healthcare Realty Trust by 2.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 31,445 shares of the real estate investment trust’s stock valued at $567,000 after purchasing an additional 826 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in Healthcare Realty Trust by 4.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 25,337 shares of the real estate investment trust’s stock valued at $429,000 after purchasing an additional 1,012 shares during the period.

Healthcare Realty Trust Stock Performance

NYSE HR opened at $18.26 on Friday. The stock has a market capitalization of $6.37 billion, a P/E ratio of -25.72 and a beta of 0.97. Healthcare Realty Trust has a 1 year low of $14.09 and a 1 year high of $18.97. The business’s fifty day moving average is $17.93 and its two-hundred day moving average is $17.67.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly 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 company had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. Healthcare Realty Trust’s quarterly revenue was down 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, research analysts forecast that Healthcare Realty Trust will post 1.61 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th were issued a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 annualized dividend and a dividend yield of 5.3%. Healthcare Realty Trust’s dividend payout ratio is currently -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.