Analysts expect that Healthcare Realty Trust Inc (NYSE:HR) will post earnings per share of $0.40 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Healthcare Realty Trust’s earnings, with estimates ranging from $0.39 to $0.41. Healthcare Realty Trust also posted earnings of $0.40 per share in the same quarter last year. The company is expected to announce its next earnings report on Tuesday, August 4th.

According to Zacks, analysts expect that Healthcare Realty Trust will report full year earnings of $1.65 per share for the current fiscal year, with EPS estimates ranging from $1.62 to $1.70. For the next fiscal year, analysts anticipate that the company will post earnings of $1.72 per share, with EPS estimates ranging from $1.67 to $1.82. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.38). The company had revenue of $122.60 million for the quarter, compared to analyst estimates of $122.80 million. Healthcare Realty Trust had a return on equity of 2.11% and a net margin of 8.00%. Healthcare Realty Trust’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 earnings per share.

HR has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. Wells Fargo & Co reissued a “hold” rating on shares of Healthcare Realty Trust in a report on Tuesday, April 28th. Raymond James decreased their price objective on shares of Healthcare Realty Trust from $38.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. BMO Capital Markets raised shares of Healthcare Realty Trust from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $35.00 to $43.00 in a report on Monday, March 9th. Finally, Morgan Stanley reduced their price target on shares of Healthcare Realty Trust from $33.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 26th. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $31.89.

HR stock traded up $0.25 during mid-day trading on Friday, hitting $29.45. 577,601 shares of the company were exchanged, compared to its average volume of 1,472,911. The company has a market capitalization of $3.93 billion, a PE ratio of 104.11 and a beta of 0.57. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.88. Healthcare Realty Trust has a twelve month low of $24.10 and a twelve month high of $37.97. The firm has a fifty day simple moving average of $30.58 and a 200 day simple moving average of $32.14.

A number of large investors have recently modified their holdings of HR. Marshall Wace North America L.P. bought a new stake in Healthcare Realty Trust in the 1st quarter valued at about $39,000. First Trust Advisors LP lifted its position in Healthcare Realty Trust by 11.0% in the 4th quarter. First Trust Advisors LP now owns 32,241 shares of the real estate investment trust’s stock valued at $1,076,000 after purchasing an additional 3,202 shares during the last quarter. Sei Investments Co. lifted its position in Healthcare Realty Trust by 37.5% in the 4th quarter. Sei Investments Co. now owns 69,402 shares of the real estate investment trust’s stock valued at $2,316,000 after purchasing an additional 18,914 shares during the last quarter. Victory Capital Management Inc. lifted its position in Healthcare Realty Trust by 2.6% in the 4th quarter. Victory Capital Management Inc. now owns 2,489,923 shares of the real estate investment trust’s stock valued at $83,089,000 after purchasing an additional 64,091 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Healthcare Realty Trust by 21.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,931 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 1,244 shares during the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

About Healthcare Realty Trust

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.

Recommended Story: Current Ratio

Get a free copy of the Zacks research report on Healthcare Realty Trust (HR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.