Stock of the Day

May 12, 2021

Healthcare Realty Trust (HR)

$19.00
+$0.01 (+0.1%)
Market Cap: $6.51B

About Healthcare Realty Trust

Healthcare Realty Trust, Inc. provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R. Emery in 1992 and is headquartered in Nashville, TN.

Today's Trend

Healthcare Realty Trust Incorporated (NYSE: HR) shares decreased as investors weighed stronger operating guidance and an FFO beat against a sizable GAAP earnings miss and declining year-over-year revenue. The stock remains near its 12-month high, with trading volume above average.

  • Raised 2026 outlook: Healthcare Realty increased its normalized FFO guidance to $1.62–$1.66 per share, a $0.02 midpoint increase from its prior forecast. It also raised same-store cash NOI growth guidance to 4.25%–5.00%, signaling improving property-level performance. Healthcare Realty Reports Second Quarter 2026 Results and Further Increases Full Year 2026 Guidance
  • FFO and revenue exceeded estimates: Second-quarter funds from operations came in at $0.41 per share, ahead of the $0.40 consensus estimate and matching the prior-year result. Revenue of $278.58 million also topped expectations of $271.60 million. Healthcare Realty Trust Q2 FFO and Revenues Beat Estimates
  • Dividend maintained: The REIT declared a quarterly dividend of $0.24 per share, equivalent to an indicated annual yield of approximately 4.5%. Shareholders of record on August 11 are scheduled to receive payment on August 26.
  • GAAP results were weak: Healthcare Realty reported a quarterly loss of $0.13 per share, missing the $0.40 analyst estimate by $0.53. Revenue declined 5.3% from the prior year, while net margin and return on equity remained negative. Healthcare Realty Trust Second-Quarter Earnings Report