Wall Street analysts predict that Healthcare Realty Trust Inc (NYSE:HR) will report $0.41 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Healthcare Realty Trust’s earnings, with estimates ranging from $0.40 to $0.43. Healthcare Realty Trust reported earnings per share of $0.40 in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.5%. The company is expected to report its next quarterly earnings results on Wednesday, February 12th.

According to Zacks, analysts expect that Healthcare Realty Trust will report full year earnings of $1.60 per share for the current fiscal year, with EPS estimates ranging from $1.58 to $1.62. For the next financial year, analysts anticipate that the firm will post earnings of $1.65 per share, with EPS estimates ranging from $1.63 to $1.67. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Monday, November 4th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.37). Healthcare Realty Trust had a net margin of 6.12% and a return on equity of 1.59%. The firm had revenue of $119.80 million for the quarter, compared to the consensus estimate of $117.93 million. During the same quarter last year, the firm earned $0.39 EPS. The company’s revenue was up 5.6% on a year-over-year basis.

A number of research analysts have recently commented on the stock. Morgan Stanley upped their price target on shares of Healthcare Realty Trust from $31.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 17th. Capital One Financial restated an “equal weight” rating on shares of Healthcare Realty Trust in a report on Thursday, August 1st. Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Tuesday. BMO Capital Markets restated a “hold” rating and issued a $31.00 price target on shares of Healthcare Realty Trust in a report on Wednesday, November 6th. Finally, ValuEngine cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Healthcare Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $33.60.

HR stock traded up $0.13 during mid-day trading on Monday, reaching $32.10. 571,321 shares of the stock traded hands, compared to its average volume of 697,005. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.16 and a current ratio of 0.16. Healthcare Realty Trust has a one year low of $27.08 and a one year high of $34.89. The stock has a market capitalization of $4.29 billion, a PE ratio of 20.45, a PEG ratio of 9.13 and a beta of 0.29. The business has a 50-day moving average price of $33.60 and a two-hundred day moving average price of $32.65.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.74%. The ex-dividend date is Wednesday, November 13th. Healthcare Realty Trust’s payout ratio is 76.43%.

Several hedge funds have recently added to or reduced their stakes in HR. Vanguard Group Inc. raised its position in shares of Healthcare Realty Trust by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 18,807,903 shares of the real estate investment trust’s stock valued at $589,064,000 after purchasing an additional 66,439 shares during the last quarter. BlackRock Inc. raised its position in shares of Healthcare Realty Trust by 0.5% in the 2nd quarter. BlackRock Inc. now owns 18,435,111 shares of the real estate investment trust’s stock valued at $577,386,000 after purchasing an additional 90,640 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Healthcare Realty Trust by 5.5% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 9,117,172 shares of the real estate investment trust’s stock valued at $285,550,000 after purchasing an additional 473,389 shares during the last quarter. Northern Trust Corp raised its position in shares of Healthcare Realty Trust by 3.2% in the 2nd quarter. Northern Trust Corp now owns 3,366,053 shares of the real estate investment trust’s stock valued at $105,425,000 after purchasing an additional 103,638 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Healthcare Realty Trust by 2.2% in the 2nd quarter. Nuveen Asset Management LLC now owns 2,380,319 shares of the real estate investment trust’s stock valued at $74,552,000 after purchasing an additional 51,384 shares during the last quarter. 96.66% of the stock is owned by institutional investors and hedge funds.

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 December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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

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