NYSE:UHTHealth Care REITs
Universal Health Realty Income Trust (UHT) Stock Rises As Yield Appeal Meets Coverage Strain
The market gave Universal Health Realty Income Trust a quiet vote of confidence today, with the stock up about 2% after its Q2 report. That move came against a healthcare REIT story that has often centered on pressure from weak interest coverage and a rich P/E multiple. The headline this quarter is not a flashy revenue surprise. It is steady Funds From Operations of about US$12.5 million and a 19% net margin that still leaves investors weighing a 6.59% yield against the ongoing strain on the...