| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
UHT Stock Overview
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers.
Universal Health Realty Income Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$56.66 |
| 52 Week High | US$75.61 |
| 52 Week Low | US$55.01 |
| Beta | 0.79 |
| 1 Month Change | -3.87% |
| 3 Month Change | -1.17% |
| 1 Year Change | -13.44% |
| 3 Year Change | -15.90% |
| 5 Year Change | -10.73% |
| Change since IPO | 331.70% |
Recent News & Updates
Universal Health: Short-Term Challenges With A 4.8% Dividend Yield
UHT is undervalued, has a 20-year dividend raising history, and is currently yielding 4.8%. The company can constantly grow its FFO despite its short-term challenges. Their property portfolio is geographically well-diversified.
5% Yield And 35 Years Of Dividend Growth: Universal Health Realty Income
Universal Health Realty Income has the second longest track record of dividend growth in the entire REIT sector. Its dividend has kept growing despite the dot-com crash, the great financial crisis, and the pandemic. Despite that, its share price is today historically undervalued, and as a result, it yields a generous 5%. We think that this is a good entry point for investors.
Shareholder Returns
| UHT | US REITs | US Market | |
|---|---|---|---|
| 7D | -3.7% | -3.8% | -6.1% |
| 1Y | -13.4% | 24.0% | 4.2% |
Return vs Industry: UHT underperformed the US REITs industry which returned 24% over the past year.
Return vs Market: UHT underperformed the US Market which returned 4.2% over the past year.
Price Volatility
| UHT volatility | |
|---|---|
| UHT Average Weekly Movement | 3.3% |
| REITs Industry Average Movement | 4.1% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: UHT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: UHT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | n/a | Alan Miller | https://www.uhrit.com |
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in seventy-one properties located in twenty states, including two that are currently under construction.
Universal Health Realty Income Trust Fundamentals Summary
| UHT fundamental statistics | |
|---|---|
| Market Cap | US$781.02m |
| Earnings (TTM) | US$22.55m |
| Revenue (TTM) | US$84.29m |
34.6x
P/E Ratio9.3x
P/S RatioIs UHT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UHT income statement (TTM) | |
|---|---|
| Revenue | US$84.29m |
| Cost of Revenue | US$4.33m |
| Gross Profit | US$79.96m |
| Expenses | US$57.40m |
| Earnings | US$22.55m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.64 |
| Gross Margin | 94.86% |
| Net Profit Margin | 26.76% |
| Debt/Equity Ratio | 220.5% |
How did UHT perform over the long term?
See historical performance and comparisonDividends
5.0%
Current Dividend Yield77%
Payout RatioValuation
Is Universal Health Realty Income Trust undervalued compared to its fair value and its price relative to the market?
45.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UHT ($56.66) is trading below our estimate of fair value ($104.58)
Significantly Below Fair Value: UHT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UHT is good value based on its PE Ratio (34.6x) compared to the US REITs industry average (43.7x).
PE vs Market: UHT is poor value based on its PE Ratio (34.6x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UHT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UHT is overvalued based on its PB Ratio (5.1x) compared to the US REITs industry average (2x).
Future Growth
How is Universal Health Realty Income Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.5%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Universal Health Realty Income Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Universal Health Realty Income Trust performed over the past 5 years?
-12.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UHT has high quality earnings.
Growing Profit Margin: UHT's current net profit margins (26.8%) are higher than last year (25.7%).
Past Earnings Growth Analysis
Earnings Trend: UHT's earnings have declined by 12.3% per year over the past 5 years.
Accelerating Growth: UHT's earnings growth over the past year (11.2%) exceeds its 5-year average (-12.3% per year).
Earnings vs Industry: UHT earnings growth over the past year (11.2%) underperformed the REITs industry 30.5%.
Return on Equity
High ROE: UHT's Return on Equity (14.9%) is considered low.
Financial Health
How is Universal Health Realty Income Trust's financial position?
Financial Position Analysis
Short Term Liabilities: UHT's short term assets ($27.8M) exceed its short term liabilities ($9.8M).
Long Term Liabilities: UHT's short term assets ($27.8M) do not cover its long term liabilities ($356.1M).
Debt to Equity History and Analysis
Debt Level: UHT's net debt to equity ratio (214.3%) is considered high.
Reducing Debt: UHT's debt to equity ratio has increased from 153.7% to 220.5% over the past 5 years.
Debt Coverage: UHT's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: UHT's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
Dividend
What is Universal Health Realty Income Trust current dividend yield, its reliability and sustainability?
4.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UHT's dividend (4.98%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: UHT's dividend (4.98%) is in the top 25% of dividend payers in the US market (3.61%)
Stability and Growth of Payments
Stable Dividend: UHT's dividends per share have been stable in the past 10 years.
Growing Dividend: UHT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.2%), UHT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
24.1yrs
Average management tenure
CEO
Alan Miller (83 yo)
36yrs
Tenure
US$311,893
Compensation
Mr. Alan B. Miller serves as the Chief Executive Officer at Premier Behavioral Solutions, Inc. Mr. Miller has been the Chairman, Trustee and Chief Executive Officer of Universal Health Realty Income Trust...
Leadership Team
Experienced Management: UHT's management team is seasoned and experienced (24.1 years average tenure).
Board Members
Experienced Board: UHT's board of directors are considered experienced (6.1 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Universal Health Realty Income Trust's employee growth, exchange listings and data sources
Key Information
- Name: Universal Health Realty Income Trust
- Ticker: UHT
- Exchange: NYSE
- Founded: 1986
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$781.025m
- Shares outstanding: 13.78m
- Website: https://www.uhrit.com
Location
- Universal Health Realty Income Trust
- Universal Corporate Center
- 367 South Gulph Road
- King Of Prussia
- Pennsylvania
- 19406
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:35 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.