Healthcare Realty Trust Incorporated (NYSE:HR) finished Friday with a subtraction of -$0.15 to close at $16.66, a downside of -0.89 percent. An average of 2,258,420 shares of common stock have been traded in the last five days. There was a fall of -$0.19 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 2,605,595 shares traded, while the 50-day average volume stands at 2,362,888.
HR stock has decreased by -15.39% in the last month. The company shares reached their 1-month lowest point of $16.50 on 08/22/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $16.50 and a high of $26.11 in 52 weeks. It has reached a new high 9 times so far this year and lost -13.54% or -$2.61 in price. In spite of this, the price is down -36.19% from the 52-week high.
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Insider Transactions
HR stock investors should be aware that Healthcare Realty Trust Incorporated (HR) stock had its last reported insider trading activity 256 days ago on Aug 16. In this transaction, the insider spent $147,774. EVP and General Counsel, BRYANT JOHN M JR, disposed of 6,800 shares at a price of $20.13 on Dec 13. The insider now owns more than $136,884 worth of shares.
Valuation Metrics
Healthcare Realty Trust Incorporated (HR) stock’s beta is 0.79. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.84, the price-to-book (PB) ratio at 0.88.
The company has a payout ratio of 738.63%. The company’s most recent quarterly dividend payment was $0.31 a share, without any change from last year. Its latest increase dividend $0.2010 reported on Wednesday November 2 2022.
Financial Health
Further, the company has a long term debt to equity ratio of 0.75 and a total debt to equity ratio of 0.75 for the quarter ending June 29. Its gross profit as reported stood at -$23.83 million compared to revenue of $932.64 million.
Earnings Surprise
For the three-month period that ended June 29, Healthcare Realty Trust Incorporated had $5.34 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$82.76 million in the quarter, while revenues of -$87.13 million were grew 107.41%. The analyst consensus anticipated Healthcare Realty Trust Incorporated’s latest quarter earnings to come in at -$0.13 per share, but it turned out to be -$0.22, a -69.20% surprise. For the quarter, EBITDA amounted to $216.58 million. At the end of the quarter ending June 29, Healthcare Realty Trust Incorporated’s stock balance sheet showed total debt was $5.69 billion. Shareholders own equity worth $380.86 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Healthcare Realty Trust Incorporated (HR) price momentum. RSI 9-day as of the close on 25 August was 22.18%, suggesting the stock is oversold, with historical volatility in this time frame at 11.43%.
As of today, HR’s price is $16.74 -1.13% or -$0.19 from its 5-day moving average. HR is currently trading -14.96% lower than its 20-day SMA and -14.21% lower than its 100-day SMA. However, the stock’s current price level is -14.83% below the SMA50 and -15.69% below the SMA200.
The stochastic %K and %D were 8.44% and 7.62%, respectively, and the average true range (ATR) was 0.41. With the 14-day stochastic at 5.37% and the average true range at 0.43, the RSI (14) stands at 25.84%. The stock has reached -0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.51.
Analyst Ratings
Wells Fargo launched coverage on Healthcare Realty Trust Incorporated (NYSE: HR) in its analyst report released on April 20, 2023. The firm assigned the stock an Equal weight rating. The consensus rating for Healthcare Realty Trust Incorporated (HR) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell HR, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 2 others rate it as a “buy”.
What is HR’s price target for the next 12 months?
Analysts predict a range of price targets between $17.00 and $24.00, with a median target of $21.50. Taking a look at these predictions, the average price target given by analysts for Healthcare Realty Trust Incorporated (HR) stock is $21.00.
