Press coverage about Healthcare Realty Trust (NYSE:HR) has been trending somewhat positive on Friday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Healthcare Realty Trust earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.6346486181163 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of equities research analysts have weighed in on HR shares. Capital One Financial started coverage on Healthcare Realty Trust in a report on Thursday, June 28th. They set an “equal weight” rating and a $30.00 price objective on the stock. Morgan Stanley downgraded Healthcare Realty Trust from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $29.00 to $28.00 in a report on Thursday, August 16th. Mizuho reaffirmed a “hold” rating and set a $28.00 price objective on shares of Healthcare Realty Trust in a report on Monday, August 13th. ValuEngine raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, July 5th. Finally, Zacks Investment Research raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, August 10th. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Healthcare Realty Trust presently has a consensus rating of “Hold” and an average target price of $29.25.
NYSE HR opened at $30.68 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.11 and a current ratio of 0.11. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 4.81 and a beta of 0.15. Healthcare Realty Trust has a 1-year low of $26.09 and a 1-year high of $34.26.
Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.10). Healthcare Realty Trust had a net margin of 2.95% and a return on equity of 0.72%. The firm had revenue of $111.60 million during the quarter, compared to the consensus estimate of $111.00 million. During the same quarter last year, the firm posted $0.39 EPS. The business’s revenue was up 6.0% on a year-over-year basis. sell-side analysts predict that Healthcare Realty Trust will post 1.59 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, August 30th. Stockholders of record on Wednesday, August 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend was Tuesday, August 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently 78.43%.
In other news, Director John Knox Singleton sold 18,341 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of $27.25, for a total value of $499,792.25. Following the completion of the transaction, the director now owns 23,992 shares in the company, valued at $653,782. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John M. Bryant, Jr. sold 2,561 shares of Healthcare Realty Trust stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $30.56, for a total transaction of $78,264.16. Following the completion of the transaction, the executive vice president now owns 146,795 shares of the company’s stock, valued at approximately $4,486,055.20. The disclosure for this sale can be found here. Insiders own 1.85% 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 June 30, 2018, the Company owned 201 real estate properties in 27 states totaling 14.9 million square feet and was valued at approximately $5.0 billion.
Further Reading: Risk Tolerance
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.