Healthcare Realty Trust (NYSE:HR) Updates FY25 Earnings Guidance

Healthcare Realty Trust (NYSE:HR) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.56 to $1.60 for the period, compared to the consensus earnings per share estimate of $1.59. Healthcare Realty Trust also updated its FY 2025 guidance to 1.560-1.600 EPS.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HR. Wedbush reaffirmed an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research note on Thursday. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.40.

Healthcare Realty Trust Stock Performance

NYSE:HR traded down $0.02 during mid-day trading on Friday, hitting $16.57. The company had a trading volume of 341,087 shares, compared to its average volume of 2,364,290. Healthcare Realty Trust has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The business’s fifty day moving average is $16.67 and its two-hundred day moving average is $17.41. The firm has a market cap of $5.87 billion, a P/E ratio of -9.31 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. During the same quarter in the prior year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was down 6.3% on a year-over-year basis. Equities analysts forecast that Healthcare Realty Trust will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.49%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the stock in a transaction on Friday, December 13th. The stock was bought at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the acquisition, the director now directly owns 26,576 shares of the company’s stock, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.56% of the company’s stock.

About Healthcare Realty Trust

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.