Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion. The Company provided leasing and property management services to 11.9 million square feet nationwide.
IPO Year:
Exchange: NYSE
Website: healthcarerealty.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/2/2025 | $19.00 → $17.00 | Buy → Hold | Jefferies |
1/2/2025 | $18.00 → $16.00 | Neutral → Underperform | Wedbush |
12/20/2024 | $19.00 | Overweight → Neutral | Analyst |
7/30/2024 | $17.00 → $16.00 | Equal Weight → Underweight | Wells Fargo |
2/20/2024 | $19.00 → $15.00 | Buy → Hold | Stifel |
2/20/2024 | $19.00 → $15.00 | Outperform → Neutral | Wedbush |
1/30/2024 | $18.00 | Hold | Deutsche Bank |
10/24/2023 | $17.00 | Neutral → Buy | BTIG Research |
10/12/2023 | $19.00 | Neutral → Overweight | JP Morgan |
10/3/2023 | $17.00 | Outperform | Wedbush |
3 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
3 - Healthcare Realty Trust Inc (0001360604) (Issuer)
NASHVILLE, Tenn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the third quarter ended September 30, 2024. Net (loss) income attributable to common stockholders for the three months ended September 30, 2024 was $(93.0) million, or $(0.26) per diluted common share. KEY THIRD QUARTER HIGHLIGHTS Normalized FFO per share of $0.39, up 1.2% over the prior year period$875 million of proceeds from JV and asset sale transactions through October$447 million of share repurchases year-to-date through October159,000 square feet, or 49 basis points, of multi-tenant absorption431,000 square feet of signed new leases in the quarter, the fi
NASHVILLE, Tenn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (the "Company") today announced its common stock cash dividend in the amount of $0.31 per share, payable on November 27, 2024 to Class A common stockholders of record on November 12, 2024. Additionally, the eligible holders of the Company's operating partnership units ("OP Units") will receive an OP Unit distribution of $0.31 per unit equivalent to the Company's Class A common stock dividend described above. 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 Co
NASHVILLE, Tenn., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it expects to report results for the third quarter of 2024 on Wednesday morning, October 30, 2024, before the market opens. On Wednesday, October 30, 2024, at 11:00 a.m. Eastern Time, Healthcare Realty Trust expects to hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties at www.healthcarerealty.com under the Investor Relations section. A webcast replay will be available following the call at the same addres
The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Generated approximately $400 million of proceeds from JV and asset sale transactions through the second quarterAdditional transactions under contract or LOI that are expected to increase proceeds to more than $1 billion, with the majority of these transactions occurring by the end of the third quarterRepurchased 18.5 million shares to date, totaling $294.5 million OPERATIONAL MOMENTUM Delivered multi-tenant absorption of 183,000 square feet year-to-date, or 55 basis points, exceeding expectations for the fi
NASHVILLE, Tenn., July 30, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (the "Company") today announced its common stock cash dividend in the amount of $0.31 per share, payable on August 28, 2024 to Class A common stockholders of record on August 12, 2024. Additionally, the eligible holders of the Company's operating partnership units ("OP Units") will receive an OP Unit distribution of $0.31 per unit equivalent to the Company's Class A common stock dividend described above. 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 Compan
NASHVILLE, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it expects to report results for the second quarter of 2024 on Friday morning, August 2, 2024, before the market opens. On Friday, August 2, 2024, at 12:00 p.m. (Noon) Eastern Time, Healthcare Realty Trust expects to hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties at www.healthcarerealty.com under the Investor Relations section. A webcast replay will be available following the call at the same address.
Multi-tenant new leases signed totaling 432,000 square feet 1H 2024 multi-tenant occupancy gain of 183,000 square feet, above guidance range Steward Health has paid substantially all rent for June and July Greater than $1 billion in completed or planned asset sales and JV transactions $286 million in shares repurchased to date NASHVILLE, Tenn., July 08, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today provided a second quarter update on its operational and capital allocation momentum. OPERATIONAL MOMENTUMIn the second quarter, new signed leases totaled 432,000 square feet, the fourth consecutive quarter above 400,000. Multi-tenant absorption in the second qua
$227 million of proceeds from contributions to KKR JV Repurchased shares totaling over $175 million NASHVILLE, Tenn., June 03, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) announced in early May that it had entered into a strategic joint venture with KKR ("KKR JV") to own and invest in quality medical outpatient buildings. To date, the Company has contributed 10 properties to the KKR JV that have generated $227 million of proceeds. The Company expects to contribute additional properties to the KKR JV that will bring total proceeds in excess of $300 million. Beyond the initial property contributions, KKR has committed up to an additional $600 million of capital
The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Announced a $383 million JV with KKR at a 6.6% cap rate with expected proceeds of $300 millionExpects additional proceeds of more than $300 million within 90 days from separate transactionsRepurchased 3.0 million shares totaling $41.7 million in April OPERATIONAL MOMENTUM Delivered multi-tenant absorption of 57,000 square feet, or 17 basis points, on pace with expectationsGenerated strong new leasing momentum with new leases of approximately 440,000 square feetImproved tenant retention to 84.8%, up from 78.
NASHVILLE, Tenn., April 30, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (the "Company") today announced its common stock cash dividend in the amount of $0.31 per share, payable on May 23, 2024 to Class A common stockholders of record on May 13, 2024. Additionally, the eligible holders of the Company's operating partnership units ("OP Units") will receive an OP Unit distribution of $0.31 per unit equivalent to the Company's Class A common stock dividend described above. 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 sel
Jefferies downgraded Healthcare Realty from Buy to Hold and set a new price target of $17.00 from $19.00 previously
Wedbush downgraded Healthcare Realty from Neutral to Underperform and set a new price target of $16.00 from $18.00 previously
Analyst downgraded Healthcare Realty from Overweight to Neutral and set a new price target of $19.00
Wells Fargo downgraded Healthcare Realty from Equal Weight to Underweight and set a new price target of $16.00 from $17.00 previously
Stifel downgraded Healthcare Realty from Buy to Hold and set a new price target of $15.00 from $19.00 previously
Wedbush downgraded Healthcare Realty from Outperform to Neutral and set a new price target of $15.00 from $19.00 previously
Deutsche Bank initiated coverage of Healthcare Realty with a rating of Hold and set a new price target of $18.00
BTIG Research upgraded Healthcare Realty from Neutral to Buy and set a new price target of $17.00
JP Morgan upgraded Healthcare Realty from Neutral to Overweight and set a new price target of $19.00
Wedbush initiated coverage of Healthcare Realty with a rating of Outperform and set a new price target of $17.00
Austen Helfrich named permanent Executive Vice President and Chief Financial Officer Andrew Loope will succeed John Bryant as Executive Vice President and General Counsel; Bryant to remain as Senior Vice President NASHVILLE, Tenn., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced key leadership changes. Austen Helfrich, who has served as Interim Chief Financial Officer since October 1, 2024, has been formally appointed as the Company's permanent Executive Vice President and Chief Financial Officer, effective immediately. As part of a planned transition, Andrew Loope, Senior Vice President, Corporate Counsel and Secretary, will be promoted t
Tom Bohjalian Elected Independent Chair of the BoardIndependent Directors David Henry, Glenn Rufrano and Don Wood Appointed to BoardCompany Enters into Cooperation Agreement with Starboard Value NASHVILLE, Tenn., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) ("Healthcare Realty" or the "Company") today announced that its Board of Directors ("Board") has elected current director Tom Bohjalian as Independent Chair of the Board. It also announced that the Board has appointed three new independent directors with deep industry and leadership experience, David Henry, Glenn Rufrano and Don Wood, effective immediately, in connection with a cooperation agreement
Constance Moore appointed interim President and Chief Executive Officer, effective immediately Todd Meredith to step down Board intends to engage a leading executive search firm to help identify permanent successor NASHVILLE, Tenn., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) ("Healthcare Realty" or the "Company") today announced that Todd Meredith will step down as President and Chief Executive Officer ("CEO") and as a member of the Board of Directors ("board"), effective immediately. The board has appointed Constance "Connie" Moore, current Healthcare Realty board member and former President and CEO of BRE Properties, Inc., as interim President and
NASHVILLE, Tenn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the third quarter ended September 30, 2024. Net (loss) income attributable to common stockholders for the three months ended September 30, 2024 was $(93.0) million, or $(0.26) per diluted common share. KEY THIRD QUARTER HIGHLIGHTS Normalized FFO per share of $0.39, up 1.2% over the prior year period$875 million of proceeds from JV and asset sale transactions through October$447 million of share repurchases year-to-date through October159,000 square feet, or 49 basis points, of multi-tenant absorption431,000 square feet of signed new leases in the quarter, the fi
NASHVILLE, Tenn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (the "Company") today announced its common stock cash dividend in the amount of $0.31 per share, payable on November 27, 2024 to Class A common stockholders of record on November 12, 2024. Additionally, the eligible holders of the Company's operating partnership units ("OP Units") will receive an OP Unit distribution of $0.31 per unit equivalent to the Company's Class A common stock dividend described above. 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 Co
NASHVILLE, Tenn., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it expects to report results for the third quarter of 2024 on Wednesday morning, October 30, 2024, before the market opens. On Wednesday, October 30, 2024, at 11:00 a.m. Eastern Time, Healthcare Realty Trust expects to hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties at www.healthcarerealty.com under the Investor Relations section. A webcast replay will be available following the call at the same addres
Increases leadership alignment with operational and capital allocation initiatives Reaffirms forward-looking guidance and expectations for 2024 NASHVILLE, Tenn., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust today announced key leadership changes to extend the Company's operational momentum and increase focus on execution, acceleration of growth, and accretive capital allocation. Rob Hull will become Chief Operating Officer, Ryan Crowley will be promoted to Executive Vice President and Chief Investment Officer, and Julie Wilson will become Chief Administrative Officer. In addition, Austen Helfrich will become Interim Chief Financial Officer, succeeding Kris Douglas, who will
NASHVILLE, Tenn., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) completed the contribution of eight properties for $193 million in a joint venture with Nuveen Real Estate ("Nuveen"). The new 80/20 JV obtained secured financing for approximately 40% of the contribution value. This previously announced JV expansion brings the total value of JVs with Nuveen to over $600 million. Year-to-date the Company has completed over $800 million of joint venture and asset sales transactions, which have generated approximately $700 million of proceeds at an average cap rate of 6.6%. The Company has additional asset sale and JV transactions under contract or LOI that a
NASHVILLE, Tenn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced it has contributed $118 million of additional properties to its joint venture with KKR, generating approximately $94 million of proceeds. The value of the JV is now approaching $500 million. The Company and KKR are continuing to explore additional acquisitions for the JV, including the potential contribution of more Healthcare Realty properties. As previously disclosed in July, the Company also has additional asset sales and JV transactions under contract or LOI that are expected to increase proceeds to over $1 billion. The majority of these transactions are expected to be co
The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Generated approximately $400 million of proceeds from JV and asset sale transactions through the second quarterAdditional transactions under contract or LOI that are expected to increase proceeds to more than $1 billion, with the majority of these transactions occurring by the end of the third quarterRepurchased 18.5 million shares to date, totaling $294.5 million OPERATIONAL MOMENTUM Delivered multi-tenant absorption of 183,000 square feet year-to-date, or 55 basis points, exceeding expectations for the fi
8-K/A - Healthcare Realty Trust Inc (0001360604) (Filer)
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8-K - Healthcare Realty Trust Inc (0001360604) (Filer)
8-K - Healthcare Realty Trust Inc (0001360604) (Filer)
8-K/A - Healthcare Realty Trust Inc (0001360604) (Filer)
8-K - Healthcare Realty Trust Inc (0001360604) (Filer)
8-K - Healthcare Realty Trust Inc (0001360604) (Filer)
10-Q - Healthcare Realty Trust Inc (0001360604) (Filer)
8-K - Healthcare Realty Trust Inc (0001360604) (Filer)
8-K/A - Healthcare Realty Trust Inc (0001360604) (Filer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
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4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
4 - Healthcare Realty Trust Inc (0001360604) (Issuer)
Constance Moore appointed interim President and Chief Executive Officer, effective immediately Todd Meredith to step down Board intends to engage a leading executive search firm to help identify permanent successor NASHVILLE, Tenn., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) ("Healthcare Realty" or the "Company") today announced that Todd Meredith will step down as President and Chief Executive Officer ("CEO") and as a member of the Board of Directors ("board"), effective immediately. The board has appointed Constance "Connie" Moore, current Healthcare Realty board member and former President and CEO of BRE Properties, Inc., as interim President and
NASHVILLE, Tenn., June 25, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced the appointment of Thomas N. Bohjalian to its Board of Directors, effective June 25, 2024. Mr. Bohjalian, whom the board has determined to be independent, has also been appointed to the board's newly formed Capital Allocation Committee. Mr. Bohjalian brings over 30 years of real estate and finance experience to Healthcare Realty. Since December 2021, he has been a member of Apartment Income REIT Corporation's Board of Directors, serving on the Audit, Compensation and Human Resources, and Governance and Corporate Responsibility Committees. Mr. Bohjalian is also currently a S
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