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

Healthcare Realty Trust (NYSE:HR) posted its earnings results on Wednesday. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01, Zacks reports. Healthcare Realty Trust had a negative net margin of 45.63% and a negative return on equity of 9.42%. The company had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same period in the previous year, the firm posted $0.39 earnings per share. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. 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 Trading Down 0.4 %

HR stock opened at $16.71 on Thursday. The firm has a 50-day moving average of $16.68 and a two-hundred day moving average of $17.42. The company has a market cap of $5.92 billion, a price-to-earnings ratio of -10.56 and a beta of 0.94. Healthcare Realty Trust has a 12 month low of $12.77 and a 12 month high of $18.90.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HR shares. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a report on Friday, December 20th. Wedbush lowered shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $18.00 to $16.00 in a report on Thursday, January 2nd. Finally, Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their target price for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.00.

Insider Transactions at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian acquired 7,750 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, with a total value of $134,772.50. Following the transaction, the director now owns 50,002 shares of the company’s stock, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of $17.21 per share, with a total value of $172,100.00. Following the transaction, the director now directly owns 26,576 shares in the company, valued at $457,372.96. This trade represents a 60.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 18,750 shares of company stock worth $323,723 in the last 90 days. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Company Profile

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.