Healthcare Realty Trust (NYSE:HR) Issues Earnings Results, Beats Expectations By $0.01 EPS

Healthcare Realty Trust (NYSE:HR - Get Free Report) posted its quarterly earnings results on Wednesday. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01, Zacks reports. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The business had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same quarter in the previous year, the business posted $0.39 EPS. The company's quarterly revenue was down 6.3% compared to the same quarter last year. Healthcare Realty Trust updated its FY 2025 guidance to 1.560-1.600 EPS and its FY25 guidance to $1.56 to $1.60 EPS.

Healthcare Realty Trust Price Performance

NYSE:HR traded down $0.09 during trading hours on Friday, hitting $16.50. 1,938,095 shares of the company were exchanged, compared to its average volume of 2,387,434. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of -9.27 and a beta of 0.94. Healthcare Realty Trust has a 52-week low of $12.77 and a 52-week high of $18.90. The company's 50 day moving average price is $16.67 and its 200-day moving average price is $17.41.

Healthcare Realty Trust Announces Dividend

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 given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio is presently -69.66%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the sale, the chief operating officer now owns 171,400 shares of the company's stock, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on HR. Wedbush reiterated an "outperform" rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price objective for the company. in a research note on Friday, December 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $17.40.

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.