Healthcare Realty Trust Inc [NYSE: HR] stock went on an upward path that rose over 0.77% on Tuesday, amounting to a one-week price decrease of less than -1.51%. The company report on October 30, 2023 at 4:22 PM that Healthcare Realty Trust Announces Quarterly Dividend.
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 selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty’s portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.
Over the last 12 months, HR stock dropped by -30.17%. The one-year Healthcare Realty Trust Inc stock forecast points to a potential upside of 22.18. The average equity rating for HR stock is currently 2.09, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.47 billion, with 380.59 million shares outstanding and 376.65 million shares in the current float. Compared to the average trading volume of 2.85M shares, HR stock reached a trading volume of 5800752 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Healthcare Realty Trust Inc [HR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HR shares is $18.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HR stock is a recommendation set at 2.09. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Healthcare Realty Trust Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 24, 2023.
The Average True Range (ATR) for Healthcare Realty Trust Inc is set at 0.42, with the Price to Sales ratio for HR stock in the period of the last 12 months amounting to 4.15. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 0.09. Price to Free Cash Flow for HR in the course of the last twelve months was 13.15.
HR Stock Performance Analysis:
Healthcare Realty Trust Inc [HR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.51. With this latest performance, HR shares dropped by -3.43% in over the last four-week period, additionally sinking by -25.95% over the last 6 months – not to mention a drop of -30.17% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HR stock in for the last two-week period is set at 39.76, with the RSI for the last a single of trading hit 41.11, and the three-weeks RSI is set at 38.81 for Healthcare Realty Trust Inc [HR]. The present Moving Average for the last 50 days of trading for this stock 15.62, while it was recorded at 14.33 for the last single week of trading, and 18.51 for the last 200 days.
Insight into Healthcare Realty Trust Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Healthcare Realty Trust Inc [HR] shares currently have an operating margin of +22.30 and a Gross Margin at +28.89. Healthcare Realty Trust Inc’s Net Margin is presently recorded at +12.89.
Return on Equity for this stock inclined to 3.05, with Return on Assets sitting at 1.43.
Healthcare Realty Trust Inc [HR] Institutonal Ownership Details
The top three institutional holders of HR stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in HR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in HR stock with ownership which is approximately 5.7994%.