This company has been acquired
HR Stock Overview
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.
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Healthcare Realty Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$24.29|
|52 Week High||US$33.77|
|52 Week Low||US$23.39|
|1 Month Change||-8.13%|
|3 Month Change||-13.03%|
|1 Year Change||-22.82%|
|3 Year Change||-23.42%|
|5 Year Change||-27.23%|
|Change since IPO||24.56%|
Recent News & Updates
Healthcare Realty declares $0.109 dividend
Healthcare Realty (NYSE:HR) declares $0.109/share quarterly dividend. Forward yield 1.72% Payable Aug. 30; for shareholders of record Aug. 15; ex-div Aug. 12. This dividend represents regular quarterly dividend of $0.31 per share pro-rated for the period following the company’s last dividend record date of July 14, 2022 and ending on August 15, 2022. On July 19, 2022, the company also paid a pro-rated quarterly cash dividend of $0.2010 per share to stockholders of record on July 14, 2022. See HR Dividend Scorecard, Yield Chart, & Dividend Growth.
Healthcare Realty Trust to be added to S&P MidCap 400 Index
Healthcare Realty Trust (NYSE:HR) announced the merged Healthcare Realty and Healthcare Trust of America (NYSE:HTA) will be included in the S&P MidCap 400 Index effective prior to the opening of trading on Thursday, July 21. Following the expected closing of the merger transaction on July 20, and prior to the opening of trading on July 21, HTA will change its name and ticker symbol to Healthcare Realty Trust Incorporated. The resulting effect is that the post-merger company will be a constituent of the S&P MidCap 400 Index under the Healthcare Realty name and ticker symbol.
|HR||US REITs||US Market|
Return vs Industry: HR underperformed the US REITs industry which returned -11.2% over the past year.
Return vs Market: HR underperformed the US Market which returned -15.4% over the past year.
|HR Average Weekly Movement||5.3%|
|REITs Industry Average Movement||4.1%|
|Market Average Movement||7.6%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: HR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HR's weekly volatility (5%) has been stable over the past year.
About the Company
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 September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion. The Company provided leasing and property management services to 11.9 million square feet nationwide.
Healthcare Realty Trust Fundamentals Summary
|HR fundamental statistics|
Is HR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HR income statement (TTM)|
|Cost of Revenue||US$222.01m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 09, 2022
|Earnings per share (EPS)||0.55|
|Net Profit Margin||15.14%|
How did HR perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Is HR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HR?
Other financial metrics that can be useful for relative valuation.
|What is HR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does HR's PE Ratio compare to its peers?
|HR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
DOC Physicians Realty Trust
NHI National Health Investors
OHI Omega Healthcare Investors
CVMC.A Sila Realty Trust
HR Healthcare Realty Trust
Price-To-Earnings vs Peers: HR is expensive based on its Price-To-Earnings Ratio (44.6x) compared to the peer average (38.9x).
Price to Earnings Ratio vs Industry
How does HR's PE Ratio compare vs other companies in the US REITs Industry?
Price-To-Earnings vs Industry: HR is expensive based on its Price-To-Earnings Ratio (44.6x) compared to the US REITs industry average (31.8x)
Price to Earnings Ratio vs Fair Ratio
What is HR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||44.6x|
|Fair PE Ratio||23.9x|
Price-To-Earnings vs Fair Ratio: HR is expensive based on its Price-To-Earnings Ratio (44.6x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).
Share Price vs Fair Value
What is the Fair Price of HR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HR ($24.29) is trading below our estimate of fair value ($64.51)
Significantly Below Fair Value: HR is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Healthcare Realty Trust forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HR's earnings are forecast to decline over the next 3 years (-17.6% per year).
Earnings vs Market: HR's earnings are forecast to decline over the next 3 years (-17.6% per year).
High Growth Earnings: HR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HR's revenue (10.5% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: HR's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HR's Return on Equity is forecast to be high in 3 years time
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How has Healthcare Realty Trust performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HR has a large one-off gain of $57.7M impacting its March 31 2022 financial results.
Growing Profit Margin: HR's current net profit margins (15.1%) are lower than last year (17.8%).
Past Earnings Growth Analysis
Earnings Trend: HR's earnings have grown by 0.01% per year over the past 5 years.
Accelerating Growth: HR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HR had negative earnings growth (-8%) over the past year, making it difficult to compare to the REITs industry average (69.5%).
Return on Equity
High ROE: HR's Return on Equity (3.8%) is considered low.
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How is Healthcare Realty Trust's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HR's short term assets ($37.7M) do not cover its short term liabilities ($74.7M).
Long Term Liabilities: HR's short term assets ($37.7M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: HR's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: HR's debt to equity ratio has increased from 77.3% to 86.2% over the past 5 years.
Debt Coverage: HR's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: HR's interest payments on its debt are not well covered by EBIT (1.5x coverage).
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What is Healthcare Realty Trust current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HR's dividend (5.1%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: HR's dividend (5.1%) is in the top 25% of dividend payers in the US market (4.17%)
Stability and Growth of Payments
Stable Dividend: HR's dividends per share have been stable in the past 10 years.
Growing Dividend: HR's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.1%), HR's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (144.8%), HR's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Meredith (47 yo)
Mr. Todd J. Meredith has been the Chief Executive Officer and President at Healthcare Realty Trust Incorporated since December 30, 2016. Previously, Mr. Meredith served as an Executive Vice President of In...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD3.24M) is below average for companies of similar size in the US market ($USD6.87M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Experienced Management: HR's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: HR's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.
Healthcare Realty Trust Incorporated's employee growth, exchange listings and data sources
- Name: Healthcare Realty Trust Incorporated
- Ticker: HR
- Exchange: NYSE
- Founded: 1992
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$3.682b
- Shares outstanding: 151.61m
- Website: https://www.healthcarerealty.com
Number of Employees
- Healthcare Realty Trust Incorporated
- 3310 West End Avenue
- Fourth Floor
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/22 00:00|
|End of Day Share Price||2022/07/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.