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. More Details
6 star dividend payer with proven track record.
Share Price & News
How has Healthcare Realty Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HR's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HR underperformed the US REITs industry which returned 29.5% over the past year.
Return vs Market: HR underperformed the US Market which returned 36.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Healthcare Realty Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StHealthcare Realty Trust's (NYSE:HR) Shareholders Are Down 12% On Their Shares
1 month ago | Simply Wall StHow Many Healthcare Realty Trust Incorporated (NYSE:HR) Shares Have Insiders Sold, In The Last Year?
1 month ago | Simply Wall StDoes Healthcare Realty Trust (NYSE:HR) Deserve A Spot On Your Watchlist?
Is Healthcare Realty Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HR ($31.6) is trading below our estimate of fair value ($53.03)
Significantly Below Fair Value: HR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HR is good value based on its PE Ratio (47.6x) compared to the US REITs industry average (49.3x).
PE vs Market: HR is poor value based on its PE Ratio (47.6x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: HR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HR is overvalued based on its PB Ratio (2.2x) compared to the US REITs industry average (1.9x).
How is Healthcare Realty Trust forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
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 (-9% per year).
Earnings vs Market: HR's earnings are forecast to decline over the next 3 years (-9% per year).
High Growth Earnings: HR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HR's revenue (10.1% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: HR's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HR's Return on Equity is forecast to be low in 3 years time (2.1%).
How has Healthcare Realty Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HR has a large one-off gain of $67.0M impacting its March 31 2021 financial results.
Growing Profit Margin: HR's current net profit margins (17.8%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: HR's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: HR's earnings growth over the past year (145.7%) exceeds its 5-year average (0.4% per year).
Earnings vs Industry: HR earnings growth over the past year (145.7%) exceeded the REITs industry -8.8%.
Return on Equity
High ROE: HR's Return on Equity (4.6%) is considered low.
How is Healthcare Realty Trust's financial position?
Financial Position Analysis
Short Term Liabilities: HR's short term assets ($76.7M) do not cover its short term liabilities ($80.9M).
Long Term Liabilities: HR's short term assets ($76.7M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: HR's debt to equity ratio (81%) is considered high.
Reducing Debt: HR's debt to equity ratio has reduced from 109.6% to 81% over the past 5 years.
Debt Coverage: HR's debt is well covered by operating cash flow (29.3%).
Interest Coverage: HR's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is Healthcare Realty Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HR's dividend (3.83%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: HR's dividend (3.83%) is in the top 25% of dividend payers in the US market (3.52%)
Stability and Growth of Payments
Stable Dividend: HR's dividends per share have been stable in the past 10 years.
Growing Dividend: HR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (81.6%), HR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HR's dividends in 3 years are forecast to be covered by earnings (66.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Meredith (46 yo)
Mr. Todd J. Meredith has been the Chief Executive Officer and President at Healthcare Realty Trust Incorporated since December 30, 2016. Previously, Mr. Meredith served as an Executive Vice President of In...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD2.82M) is below average for companies of similar size in the US market ($USD5.32M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Experienced Management: HR's management team is considered experienced (4.5 years average tenure).
Experienced Board: HR's board of directors are considered experienced (3.2 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 5%.
Healthcare Realty Trust Incorporated's company bio, 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
- Market Cap: US$4.476b
- Shares outstanding: 141.66m
- Website: https://www.healthcarerealty.com
Number of Employees
- Healthcare Realty Trust Incorporated
- 3310 West End Avenue
- Fourth Floor
- United States
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 outpat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 00:57|
|End of Day Share Price||2021/07/29 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.