How should investors evaluate Healthcare Realty Trust Inc (NYSE:HR)?

Stocks of Healthcare Realty Trust Inc (NYSE:HR) traded higher last session on Wall Street, down -3.78% to $14.26.

According to the data, Healthcare Realty Trust Inc (NYSE:HR) has 11 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $19.00 and a low of $16.00, we find $17.00. Given the previous closing price of $14.82, this indicates a potential upside of 14.71 percent. HR stock price is now -7.32% away from the 50-day moving average and -22.17% away from the 200-day moving average. The market capitalization of the company currently stands at $5.43B.

A total of 6 analysts have issued a hold rating and 5 have given it a buy rating. Brokers who have rated the stock have averaged $17.33 as their price target over the next twelve months.

With the price target maintained at $17, BTIG Research recently Upgraded its rating from Neutral to Buy for Healthcare Realty Trust Inc (NYSE: HR).

In other news, SINGLETON JOHN KNOX, Director bought 31,500 shares of the company’s stock on Aug 16. The stock was bought for $538,965 at an average price of $17.11. Upon completion of the transaction, the Director now directly owns 50,582 shares in the company, valued at $0.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 08, Director Kilroy James Joseph IV bought 2,400 shares of the business’s stock. A total of $45,647 was incurred on buying the stock at an average price of $19.02. This leaves the insider owning 26,601 shares of the company worth $0.38 million. A total of 1.09% of the company’s stock is owned by insiders.

During the past 12 months, Healthcare Realty Trust Inc has had a low of $13.93 and a high of $22.35. The fifty day moving average price for HR is $15.39 and a two-hundred day moving average price translates $18.32 for the stock.

The latest earnings results from Healthcare Realty Trust Inc (NYSE: HR) was released for Sep, 2023. According to the REIT – Healthcare Facilities Company, earnings per share came in at -$0.22, missing analysts’ expectations of -$0.13 by -0.09. This compares to $0.08 EPS in the same period last year. The net profit margin was -13.67% and return on equity was -3.84% for HR. The company reported revenue of $342.26 million for the quarter, compared to $306.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.72 percent. For the current quarter, analysts expect HR to generate $336.47M in revenue.

Healthcare Realty Trust Inc(HR) Company Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty’s portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

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