Healthcare Realty Trust Incorporated (HR) AI Stock Analysis

Healthcare Realty Trust Incorporated operates as a specialized real estate investment trust focused on the ownership, management, financing, and development of income-producing properties primarily dedicated to outpatient healthcare services across the United States. Headquartered in Nashville, Tennessee, the company provides comprehensive leasing and property management services. As of September 30, 2020, its portfolio included 211 properties across 24 states, totaling 15.5 million square feet and valued at approximately $5.5 billion, with property management operations covering 11.9 million square feet nationwide.

Revenue rose from $534.8M in FY2021 to a peak of $1.34B in FY2023 before decreasing to $1.27B in FY2024 and $1.18B in FY2025, yielding a 5-year revenue CAGR of 9.9%. Operating margin narrowed from 16.0% in FY2021 to 2.9% in FY2024, before recovering to 8.0% in FY2025. Net income dropped from $66.7M in FY2021 to -$246.1M in FY2025, alongside negative gross margins throughout the period. Over the trailing twelve months, revenue was $1.15B with an operating margin of 14.7% and EPS of -$0.26. For the latest quarter ended June 30, 2026, quarterly revenue fell 4.3% year-over-year while quarterly earnings fell 76.8%.

As of June 30, 2026, Healthcare Realty Trust held $19.0M in cash and short-term investments against $4.40B in total debt, resulting in net debt of $4.38B and a debt-to-equity ratio of 1.04. The current ratio stood at 0.11, while total assets were $9.00B and shareholders' equity was $4.22B. In FY2025, the company generated $457.1M in operating cash flow and $126.9M in free cash flow. Capital allocation in FY2025 included $330.2M in capital expenditures, $386.9M in dividends paid, and $4.0M in share buybacks.

Healthcare Realty Trust carries a market cap of $6.07B and an enterprise value of $10.54B. Its forward P/E of 10.8x trades below the 23.5x median of its US-listed Real Estate peers. The company's price-to-sales ratio of 5.3x and EV-to-EBITDA of 15.8x compare to sector medians of 3.7x and 14.7x, respectively. Over the past year, the stock returned 0.3% compared to a 16.8% return for the S&P 500 (SPY), and over five years it fell 6.2% versus an 83.0% gain for the index.

Healthcare Realty Trust pays a quarterly dividend totaling $0.96 annually, delivering a 5.49% dividend yield as of October 16, 2026. The company has maintained consecutive dividend payments for 34 years, though its 5-year annualized dividend growth was -1.7%. The payout ratio is 3.0%, and the last ex-dividend date was August 11, 2026.

Wall Street coverage includes 2 Strong Buy, 2 Buy, and 9 Hold ratings, with 0 Sell or Strong Sell recommendations. The mean price target of $21.00 represents a 20.1% premium over the last close of $17.48. Consensus estimates project FY2026 revenue of $1.12B with EPS of -$0.10, followed by FY2027 revenue of $1.16B and EPS of $0.04. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of Healthcare Realty Trust Incorporated (HR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: HR income statement, HR balance sheet, HR key metrics, HR analyst forecast, HR chart. See the HR stock overview for the latest quote and news.