$0.43 Earnings Per Share Expected for Healthcare Realty Trust Incorporated (NYSE:HR) This Quarter

Analysts forecast that Healthcare Realty Trust Incorporated (NYSE:HR) will report $0.43 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have issued estimates for Healthcare Realty Trust’s earnings, with the lowest EPS estimate coming in at $0.43 and the highest estimate coming in at $0.44. Healthcare Realty Trust posted earnings of $0.42 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 2.4%. The business is scheduled to issue its next quarterly earnings report on Wednesday, August 4th.

On average, analysts expect that Healthcare Realty Trust will report full year earnings of $1.73 per share for the current year, with EPS estimates ranging from $1.71 to $1.75. For the next fiscal year, analysts forecast that the firm will post earnings of $1.80 per share, with EPS estimates ranging from $1.78 to $1.83. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Wednesday, May 5th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.25). Healthcare Realty Trust had a net margin of 23.27% and a return on equity of 6.08%.

A number of research firms have recently commented on HR. Scotiabank began coverage on shares of Healthcare Realty Trust in a research note on Thursday, January 28th. They set a “sector perform” rating and a $32.00 price objective for the company. Morgan Stanley upped their price objective on shares of Healthcare Realty Trust from $30.00 to $31.00 and gave the company an “equal weight” rating in a research note on Monday, March 22nd. Zacks Investment Research downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research note on Monday, April 26th. Finally, Wells Fargo & Company upped their price objective on shares of Healthcare Realty Trust from $29.00 to $31.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 31st. Five investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Healthcare Realty Trust presently has a consensus rating of “Buy” and an average price target of $32.56.

HR stock traded up $0.18 during trading on Tuesday, hitting $30.28. The stock had a trading volume of 689,449 shares, compared to its average volume of 944,967. The company’s 50 day moving average price is $31.42 and its two-hundred day moving average price is $30.33. Healthcare Realty Trust has a 1-year low of $26.77 and a 1-year high of $34.01. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 35.62 and a beta of 0.55. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.30 and a current ratio of 2.30.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 28th. Investors of record on Monday, May 17th will be given a dividend of $0.3025 per share. This represents a $1.21 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend is Friday, May 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently 75.63%.

In other Healthcare Realty Trust news, EVP Robert E. Hull sold 11,447 shares of the company’s stock in a transaction that occurred on Tuesday, March 16th. The stock was sold at an average price of $31.00, for a total value of $354,857.00. Following the completion of the transaction, the executive vice president now owns 155,287 shares in the company, valued at approximately $4,813,897. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John M. Bryant, Jr. sold 11,476 shares of the company’s stock in a transaction that occurred on Friday, March 12th. The stock was sold at an average price of $30.00, for a total value of $344,280.00. 0.80% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Profund Advisors LLC boosted its holdings in Healthcare Realty Trust by 3.1% in the 4th quarter. Profund Advisors LLC now owns 12,250 shares of the real estate investment trust’s stock worth $363,000 after acquiring an additional 367 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Healthcare Realty Trust by 29.5% during the 1st quarter. Rockefeller Capital Management L.P. now owns 1,684 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 384 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Healthcare Realty Trust by 7.2% during the 1st quarter. Van ECK Associates Corp now owns 5,821 shares of the real estate investment trust’s stock valued at $176,000 after buying an additional 392 shares during the last quarter. New York State Teachers Retirement System boosted its stake in shares of Healthcare Realty Trust by 0.4% during the 1st quarter. New York State Teachers Retirement System now owns 108,894 shares of the real estate investment trust’s stock valued at $3,302,000 after buying an additional 400 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Healthcare Realty Trust by 3.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 11,281 shares of the real estate investment trust’s stock valued at $342,000 after buying an additional 413 shares during the last quarter. Hedge funds and other institutional investors own 96.63% of the company’s stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.

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Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

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