As of Friday close, Healthcare Realty Trust Incorporated’s (NYSE:HR) stock was up $0.04, moving up 0.26 percent to $15.56. The average number of shares traded per day over the past five days has been 2,545,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.11 fall in that time frame. In the last twenty days, the average volume was 2,742,600, while in the previous 50 days, it was 2,519,942.
Since last month, HR stock retreated -7.77%. Shares of the company fell to $15.39 on 09/22/23, the lowest level in the past month. A 52-week high of $22.55 was reached on 02/02/23 after having rallying from a 52-week low of $15.51. Since the beginning of this year, HR’s stock price has dropped by -19.25% or -$3.71, and marked a new high 9 times. However, the stock has declined by -31.00% since its 52-week high.
HR stock investors should be aware that Healthcare Realty Trust Incorporated (HR) stock had its last reported insider trading activity 38 days ago on Aug 16. SINGLETON JOHN KNOX, the Director of the company, purchased of 31,500 shares for $17.11 on Aug 16. It resulted in a $538,965 investment by the insider. Kilroy James Joseph IV added 2,400 shares at an average price of $19.02 on Mar 08. The insider now owns 26,601 shares following the transaction. On Mar 06, Director Kilroy James Joseph IV bought 10,000 shares at $19.27 apiece. The transaction was valued at $192,700.
Valuation Metrics
The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 4.55, the price-to-book (PB) ratio of 0.82.
The latest dividend of $0.31 per share was paid out, remained unchanged from last year’s $0.31. On Wednesday November 2 2022, a $0.2010 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.75, and the total debt-to-equity ratio was 0.75. On the profitability front, the trailing twelve-month gross margin is 63.70% percent. In the year ended June 29, operating margins totaled -11.90%. Based on annual data, HR earned -$23.83 million in gross profit and brought in $932.64 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.60%. Return on equity (ROE) for the past 12 months was -2.40%.
In Healthcare Realty Trust Incorporated’s quarter-end financial report for June 29, it reported total debt of $5.34 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HR’s revenue rose 57.02% to $332.93 million during the quarter, while net income inched up to $338.14 million. While analysts expected Healthcare Realty Trust Incorporated to report -$0.13 quarterly earnings, the actual figure was -$0.22 per share, beating the consensus estimate by -69.20%. During the quarter, the company generated $216.58 million in EBITDA. The value of shareholders’ equity is $380.86 million.
Technical Picture
This quick technical analysis looks at Healthcare Realty Trust Incorporated’s (HR) price momentum. With a historical volatility rate of 28.25%, the RSI 9-day stood at 25.16% on 22 September.
With respect to its five-day moving average, the current Healthcare Realty Trust Incorporated price is down by -6.66% percent or -$1.11. At present, HR shares trade -7.44% below its 20-day simple moving average and -20.81% percent below its 100-day simple moving average. However, the stock is currently trading approximately -18.41% below its SMA50 and -21.65% below its SMA200.
Stochastic coefficient K was 3.30% and Stochastic coefficient D was 2.61%, while ATR was 0.39. Given the Stochastic reading of 7.76% for the 14-day period, the RSI (14) reading has been calculated as 28.38%. As of today, the MACD Oscillator reading stands at -0.47, while the 14-day reading stands at -0.69.
Analyst Ratings
Wells Fargo launched its rating on Healthcare Realty Trust Incorporated (NYSE: HR) to an Equal weight in a note to investors on April 20, 2023. Healthcare Realty Trust Incorporated (HR) has been rated Hold by analysts. According to 0 brokerage firms, HR is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Healthcare Realty Trust Incorporated stock as buy, with 2 recommending it as overweight.
With a median target price of $19.50, the current consensus forecast for the stock is $17.00 – $24.00. Based on these forecasts, analysts predict Healthcare Realty Trust Incorporated (HR) will achieve an average price target of $20.38.
