$0.41 Earnings Per Share Expected for Healthcare Realty Trust Inc (NYSE:HR) This Quarter

Equities analysts predict that Healthcare Realty Trust Inc (NYSE:HR) will announce earnings per share of $0.41 for the current quarter, according to Zacks. Five analysts have issued estimates for Healthcare Realty Trust’s earnings, with the lowest EPS estimate coming in at $0.40 and the highest estimate coming in at $0.42. Healthcare Realty Trust reported earnings of $0.40 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.5%. The firm is expected to report its next earnings results on Monday, November 2nd.

On average, analysts expect that Healthcare Realty Trust will report full-year earnings of $1.63 per share for the current fiscal year, with EPS estimates ranging from $1.58 to $1.67. For the next fiscal year, analysts expect that the firm will report earnings of $1.69 per share, with EPS estimates ranging from $1.58 to $1.74. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Healthcare Realty Trust.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.15. Healthcare Realty Trust had a return on equity of 5.85% and a net margin of 22.38%.

HR has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, August 6th. Raymond James raised shares of Healthcare Realty Trust from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $34.00 to $35.00 in a report on Monday, August 31st. Citigroup upped their target price on shares of Healthcare Realty Trust from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $32.00 price target on shares of Healthcare Realty Trust in a research note on Tuesday, September 1st. Finally, Capital One Financial raised Healthcare Realty Trust from an “equal weight” rating to an “overweight” rating and set a $33.00 price objective for the company in a report on Friday, September 18th. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $31.90.

Shares of HR traded up $0.38 during trading on Friday, reaching $30.50. The company’s stock had a trading volume of 1,359,981 shares, compared to its average volume of 1,207,244. The company has a market cap of $4.15 billion, a price-to-earnings ratio of 37.26 and a beta of 0.51. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.82. The company has a fifty day moving average of $28.75 and a two-hundred day moving average of $29.44. Healthcare Realty Trust has a twelve month low of $24.10 and a twelve month high of $37.97.

In related news, Director Edward Hall Braman purchased 2,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were acquired at an average cost of $27.85 per share, for a total transaction of $55,700.00. Company insiders own 0.80% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp raised its holdings in shares of Healthcare Realty Trust by 2.0% during the first quarter. State Street Corp now owns 7,522,428 shares of the real estate investment trust’s stock valued at $210,101,000 after buying an additional 149,841 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Healthcare Realty Trust by 16.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,081,690 shares of the real estate investment trust’s stock valued at $119,553,000 after acquiring an additional 587,308 shares in the last quarter. FIL Ltd grew its stake in shares of Healthcare Realty Trust by 26.8% in the second quarter. FIL Ltd now owns 2,866,106 shares of the real estate investment trust’s stock worth $83,948,000 after purchasing an additional 605,716 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Healthcare Realty Trust by 5.9% during the first quarter. Victory Capital Management Inc. now owns 2,637,098 shares of the real estate investment trust’s stock valued at $73,654,000 after purchasing an additional 147,175 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Healthcare Realty Trust by 5.2% during the first quarter. Geode Capital Management LLC now owns 2,485,472 shares of the real estate investment trust’s stock valued at $69,419,000 after purchasing an additional 123,210 shares in the last quarter. 97.77% of the stock is owned by institutional investors.

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 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.

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

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