
HR Stock Forecast & Price Target
HR Analyst Ratings
Bulls say
Healthcare Realty Trust is a healthcare real estate investment trust that focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company has a targeted investment strategy that includes redevelopment, joint ventures, and managing its balance sheet. This is evident in its $392 million development and redevelopment pipeline and its recent acquisitions at a 7.5% net cap rate. The company is also actively buying back stock, with $175 million bought back year to date. The risks to this positive outlook include potential underwhelming takeout metrics and asset sales completed at higher cap rates. However, the company has a strong portfolio and growth potential through its strategic plan and targeted investments, making it an attractive investment opportunity in the healthcare real estate sector.
Bears say
Healthcare Realty Trust is a healthcare real estate investment trust that generates all of its revenue in the United States. The company's focus on owning, leasing, and managing outpatient facilities and other healthcare properties may not be as profitable as other property types, leading to limited growth potential. Additionally, the company's recent efforts to divest assets to improve portfolio quality and de-lever the balance sheet may result in dilutive asset sales and slow down earnings growth in the near term. Its stock may continue to trade at a discount to private market valuations and may not be the top choice for investors looking for strong organic growth.
This aggregate rating is based on analysts' research of Healthcare Realty Trust Inc and is not a guaranteed prediction by Public.com or investment advice.
HR Analyst Forecast & Price Prediction
Start investing in HR
Order type
Buy in
Order amount
Est. shares
0 shares