Healthcare Realty Trust Inc

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 in 1992 and is headquartered in Nashville, TN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Healthcare Realty Trust Inc excels in Q4, eyes growth opportunities

Healthcare Realty Trust Inc's Q4 earnings call highlighted strong performance, strategic initiatives, and a positive outlook despite interest rate challenges. The company aims to balance operational efficiency, growth investments, and dividend sustainability for long-term success.

Healthcare Realty Trust Inc (HR) reports strong Q1 performance and outlines growth strategies for 2024

Healthcare Realty Trust Inc (HR) delivered a solid performance in Q1 2023, with a focus on driving FFO growth through strategic initiatives and post-merger synergies. The company is well-positioned to benefit from rising demand for healthcare services and aims to enhance occupancy and NOI through leasing activities.

Healthcare Realty Trust reports solid Q2 performance amidst cost challenges

Healthcare Realty Trust's focus on high-growth properties and strategic investments underpins its positive performance.
Challenges related to labor costs and operating expenses require ongoing management attention for sustainable growth.
Opportunities lie in optimizing costs, reducing debt, and leveraging asset sales for enhanced financial strength and operational efficiency.

Healthcare Realty Trust excels in Q3, eyes growth opportunities ahead

Healthcare Realty Trust's strong Q3 performance and strategic leasing activities position the company for future growth.
Challenges in tenant retention and operating expenses require focused efforts for improvement.
Opportunities lie in refining the portfolio, increasing leasing efficiency, and leveraging upcoming events for growth.
Overall, Healthcare Realty Trust demonstrates resilience and proactive strategies for sustained success.

Healthcare Realty Trust (HR) reports solid Q4 performance and eyes growth opportunities

Healthcare Realty Trust (HR) delivered solid performance in Q4 2023 with meeting FFO expectations and strong leasing momentum.
The company aims to optimize its portfolio, capitalize on leasing opportunities, and drive growth through improved occupancy and rates.
While facing challenges in retention rates and CapEx normalization, HR sees opportunities in multi-tenant growth and portfolio optimization strategies.

Healthcare Realty Trust Inc reports strong Q1 results and strategic partnerships

Healthcare Realty Trust Inc's Q1 performance reflects a strong start, with a focus on operational enhancements and capital allocation.
While challenges like asset sale impacts and dividend policy concerns persist, opportunities in portfolio optimization and new developments are promising.
The company's strategic initiatives with KKR and emphasis on FFO growth position HR well for continued success in the MOB sector.

Healthcare Realty Trust excels in Q2 despite revenue challenges

Healthcare Realty Trust's second quarter performance reflects resilience and strategic growth initiatives amidst challenges.
The company's strong leasing trends, cost management, and financial discipline are key strengths driving operational success.
Opportunities lie in optimizing the portfolio, enhancing financial performance, and sustaining growth through strategic investments.
Addressing challenges such as revenue volatility and leverage management will be crucial for long-term sustainability and value creation.

Healthcare Realty Trust excels in Q3, eyes growth amid challenges

Healthcare Realty Trust demonstrated strong financial performance and operational resilience in Q3 2024.
The company's strategic initiatives, including leadership changes and asset sales, position it for future growth.
Challenges include exposure to Steward bankruptcy process, but opportunities lie in leasing momentum and financial flexibility.
Overall, Healthcare Realty Trust shows promise for sustained growth and value creation for investors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Healthcare Realty is a leading company in the medical office building segment with a focus on multi-tenant leases. The company's portfolio is strategically located near dense campus territories, ensuring consistent demand for medical office buildings. Despite attractive valuations, risks such as insufficient FAD generation and excessive leverage make Healthcare Realty a too speculative investment for my taste.

Healthcare Realty: Financials Overshadow The Portfolio Advantages

AvalonBay Communities

Blackstone Group

EastGroup Properties

Essential Properties Realty Trust Inc

Extra Space Storage

KKR Real Estate Finance Trust

Mid-America Apartment Communities

Medical Properties Trust

Realty Income Corp

Public Storage

Some property sectors are in trouble due to oversupply, which is causing rents and property values to decline. Moreover, capital remains expensive and a wave of debt maturities is looming. Here's what this means for REITs and other commercial real estate stocks.

Bad News For REITs: 8 Troubling Takeaways For Real Estate

Healthcare Realty Trust today trades near decade lows, down over 30% over 10 years. The strategy to use increased scale to leverage operating and leasing efficiency, and drive occupancy and revenue, has been slow to yield results, leaving many investors unsatisfied. But the business - leasing medical office building space - is competitive rather than in decline.

Healthcare Realty Trust: Prognosis Guarded

NASHVILLE, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced the nomination of 11 of its current 13 directors to stand for election to its Board of Directors at the Company's annual meeting of stockholders to be held on May 21, 2024. The Board has also fixed its size at 11 directors pursuant to the authority granted under the Company's bylaws.

Healthcare Realty Trust Announces Planned Retirement of Two Directors and 2024 Nominees

Healthcare Realty shares have fallen 33% in the past year, underperforming the REIT market. Concerns about the sustainability of the dividend, but may not be as great as feared. The company's valuation is significantly discounted compared to recent transactions and replacement costs.

Healthcare Realty: Large Discount To Recent Dispositions/Replacement Cost

While the top- and bottom-line numbers for Healthcare Realty Trust (HR) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Healthcare Realty Trust (HR) Reports Q4 Earnings: What Key Metrics Have to Say

Healthcare Realty Trust (HR) came out with quarterly funds from operations (FFO) of $0.39 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.42 per share a year ago.

Healthcare Realty Trust (HR) Q4 FFO and Revenues Miss Estimates

Healthcare Realty Trust, Inc. (HR) Q4 2023 Earnings Call Transcript

NASHVILLE, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the fourth quarter ended December 31, 2023. The Company reported net income (loss) attributable to common stockholders of $(40.5) million, or $(0.11) per diluted common share, for the quarter ended December 31, 2023. Normalized FFO for the three months ended December 31, 2023 totaled $150.7 million, or $0.39 per diluted common share.

Healthcare Realty Trust Reports Results for the Fourth Quarter

Besides Wall Street's top -and-bottom-line estimates for Healthcare Realty Trust (HR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Seeking Clues to Healthcare Realty Trust (HR) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Ares Commercial Real Estate

AFC Gamma

Easterly Government Properties

Global Net Lease

Granite Point Mortgage Trust

Omega Healthcare Investors

Service Properties Trust

I know what it's like to own shares in a company that cuts its dividend. It's not fun. I write articles like these in order to help readers navigate away from "sucker yields" and purchase "SWANs" instead.

8 REITs That Could Cut The Cheese

NASHVILLE, Tenn., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it expects to report results for the fourth quarter of 2023 on Friday morning, February 16, 2024, before the market opens.

Healthcare Realty Trust Announces Fourth Quarter Earnings Release Date and Conference Call

Healthcare Realty Trust is a REIT that owns and leases healthcare facilities across the US. The REIT has an attractive portfolio, decent profitability, low leverage, and strong liquidity. However, it is trading at fair value based on conservative assumptions and its dividend doesn't appear to be very safe.

Healthcare Realty: Not A Dividend Pick But Close To A Value One

NASHVILLE, Tenn., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $338 million of asset sales during the fourth quarter of 2023 bringing full year additional dispositions to $656 million at an average cap rate of 6.6%. The full year additional dispositions resulted in proceeds of $597 million as well as $59 million of seller financing across three transactions, including $14 million of seller financing in the fourth quarter. Proceeds were used for general corporate purposes, including the funding of development commitments and repayment of debt. The Company had no outstanding balance on its revolving credit facility as of December 31, 2023.

Healthcare Realty Trust Announces $338 Million of Fourth Quarter 2023 Asset Sales

American Assets

Ally Financial

Apollo Commercial Real Estate Finance

Axos Financial Inc.

Barings BDC Inc

Bain Capital Specialty Finance Inc

Brandywine Realty

Broadridge Financial

Chimera Investment

CION Investment Corp

Central Pacific Financial

Euronet Worldwide

Eagle Bancorp

Fidus Investment

First Interstate BancSystem

Shift4 Payments

GCM Grosvenor Inc

Green Dot

Highwoods Properties

Robinhood

KeyCorp

Kimco Realty

LTC Properties

Moelis

Marqeta

nCino, Inc.

Newtek Business Services

National Health Investors

Bank of N.T. Butterfield & Son

Nuvei Corp

NexPoint Residential Trust

New York Mortgage Trust

Orchid Island Capital

Patria Investments

Piedmont Office Realty Trust

PennyMac Mortgage Investment

Prudential Financial

Prospect Capital

Runway Growth Finance Corp

Stifel Financial

Solar Capital

Spirit Realty Capital

SS&C Technologies Hlds

STAG Industrial

TCP Capital

Toast

Tradeweb Markets

UMH Properties

Washington Trust Bancorp

W. P. Carey

Western Union

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2023.

KBW Announces Index Rebalancing for Fourth-Quarter 2023

Healthcare Realty's management looks sound, as it does not strive for growth at all costs and has a very disciplined cost and capital allocation approach. HR stock currently offers an attractive 7.7% forward dividend yield, which I consider safe. My valuation analysis suggests the stock is fairly valued.

Healthcare Realty: A Safe 7.7% Dividend Yield Looks Attractive

Alexandria Real Estate Equities

Brixmor Property Group

Boston Properties

Centerspace REIT

CTO Realty Growth

Equity LifeStyle Properties

Equity Residential

Invitation Homes

Independence Realty Trust

InvenTrust Properties Corp

National Storage Affiliates Trust

Phillips Edison & Co Inc

Rexford Industrial Realty

Sabra Health Care

SITE Centers Corp

Tanger Factory Outlet Centers

Simon Property Group

Sun Communities

Ventas

REITWorld conference in Los Angeles featured 29 meetings, including exclusive sessions with REIT CEOs and CFOs, and property tours. Common themes discussed included cautious optimism on 2024 fundamentals, distressed opportunities, and challenges in the market. Actionable ideas and key takeaways were gathered from the meetings, covering various sectors such as shopping centers, healthcare, multifamily, self-storage, industrial, office, and life science.

Property Type Round-Up From REITWorld

News for Healthcare Realty Trust Inc Stock (HR)