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Upturn stock ratingUpturn stock rating
HR logo

Healthcare Realty Trust Incorporated (HR)

Upturn stock ratingUpturn stock rating
$17.96
Last Close (24-hour delay)
Profit since last BUY16.7%
upturn advisory
Consider higher Upturn Star rating
BUY since 59 days
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Upturn Advisory Summary

09/17/2025: HR (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

11 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $18

1 Year Target Price $18

Analysts Price Target For last 52 week
$18 Target price
52w Low $13.89
Current$17.96
52w High $18.73

Analysis of Past Performance

Type Stock
Historic Profit -2.23%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.39B USD
Price to earnings Ratio -
1Y Target Price 18
Price to earnings Ratio -
1Y Target Price 18
Volume (30-day avg) 11
Beta 0.77
52 Weeks Range 13.89 - 18.73
Updated Date 09/17/2025
52 Weeks Range 13.89 - 18.73
Updated Date 09/17/2025
Dividends yield (FY) 6.58%
Basic EPS (TTM) -1.17

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -32.94%
Operating Margin (TTM) 5.35%

Management Effectiveness

Return on Assets (TTM) 0.26%
Return on Equity (TTM) -7.52%

Valuation

Trailing PE -
Forward PE 10.83
Enterprise Value 11200662360
Price to Sales(TTM) 5.23
Enterprise Value 11200662360
Price to Sales(TTM) 5.23
Enterprise Value to Revenue 9.31
Enterprise Value to EBITDA 23.14
Shares Outstanding 351606597
Shares Floating 328632622
Shares Outstanding 351606597
Shares Floating 328632622
Percent Insiders 0.97
Percent Institutions 108.04

ai summary icon Upturn AI SWOT

Healthcare Realty Trust Incorporated

stock logo

Company Overview

overview logo History and Background

Healthcare Realty Trust Incorporated was founded in 1993. It has grown to become a leading REIT specializing in owning, managing, and developing outpatient medical facilities.

business area logo Core Business Areas

  • Medical Office Buildings (MOBs): Acquisition, ownership, and management of MOBs leased to healthcare providers. This is their primary revenue driver.
  • Development and Redevelopment: Development of new medical office buildings and redevelopment of existing properties to meet tenant needs.
  • Property Management Services: Provision of property management services for owned and third-party MOBs.

leadership logo Leadership and Structure

The company is led by a Board of Directors and a senior management team headed by the CEO. The organizational structure is typical of a REIT, with departments focused on acquisitions, asset management, finance, and development.

Top Products and Market Share

overview logo Key Offerings

  • Medical Office Buildings (MOBs): The company's core offering is leasing space in medical office buildings to physician practices, hospitals, and other healthcare providers. Market share is fragmented, but Healthcare Realty is among the largest players. Competitors include Physicians Realty Trust (DOC) and Universal Health Realty Income Trust (UHT). It generates the bulk of revenue. Data regarding precise revenue breakdown for their different revenue lines are difficult to identify specifically.

Market Dynamics

industry overview logo Industry Overview

The medical office building sector is driven by the aging population, increasing demand for outpatient services, and the shift toward value-based care. The industry is moderately fragmented with REITs, private investors, and hospital systems all owning properties.

Positioning

Healthcare Realty Trust is a leading REIT focused exclusively on MOBs. Its competitive advantages include a large, geographically diverse portfolio, strong tenant relationships, and expertise in property management and development.

Total Addressable Market (TAM)

The estimated TAM for US medical office buildings is in the hundreds of billions of dollars. Healthcare Realty is positioned to capture a substantial portion of this market.

Upturn SWOT Analysis

Strengths

  • Large, diversified portfolio of MOBs
  • Strong tenant relationships with leading healthcare providers
  • Experienced management team
  • Proven track record of acquisitions and development
  • Geographic diversity

Weaknesses

  • Reliance on the healthcare industry
  • Interest rate sensitivity
  • Tenant concentration risk in certain markets
  • High debt levels relative to some peers

Opportunities

  • Growing demand for outpatient medical services
  • Acquisition of smaller MOB portfolios
  • Development of new MOBs in underserved markets
  • Expansion of property management services
  • Strategic partnerships with hospital systems

Threats

  • Changes in healthcare regulations
  • Increased competition from other REITs and private investors
  • Rising interest rates
  • Economic downturn
  • Decreased demand for physical office space due to telehealth

Competitors and Market Share

competitor logo Key Competitors

  • DOC
  • UHT
  • OHI

Competitive Landscape

Healthcare Realty competes with other REITs, private investors, and hospital systems for MOB acquisitions and tenants. Its competitive advantages include its scale, expertise, and strong tenant relationships. Market share data, while hard to find, suggests HR is negligibly larger than DOC. Both have rather small market shares, suggesting a competitive and fragmented landscape.

Major Acquisitions

Physicians Realty Trust (Merger)

  • Year: 2024
  • Acquisition Price (USD millions): Approximately $3.9 Billion
  • Strategic Rationale: The merger with Physicians Realty Trust created the largest pure-play MOB REIT. The move was designed to improve scale and lower costs.

Growth Trajectory and Initiatives

Historical Growth: Healthcare Realty has grown through acquisitions, development, and organic growth in its existing portfolio.

Future Projections: Analysts project continued growth in revenues and earnings, driven by the factors outlined above. Acquisition activity is expected to remain a key driver of growth.

Recent Initiatives: Recent initiatives include strategic acquisitions, development projects, and investments in technology to improve property management efficiency.

Summary

Healthcare Realty is a leading REIT focused on medical office buildings, benefiting from the aging population and the shift to outpatient care. It boasts a strong portfolio and experienced management, but it is exposed to interest rate risk and healthcare regulatory changes. The recent merger with Physicians Realty Trust should strengthen its market position. The fragmented MOB market suggests continued opportunity, but also high competition.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Company Investor Relations Materials
  • Analyst Reports
  • Industry Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is approximate and may vary depending on the source. Financial data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Healthcare Realty Trust Incorporated

Exchange NYSE
Headquaters Nashville, TN, United States
IPO Launch date 1993-05-26
President, CEO & Director Mr. Peter A. Scott
Sector Real Estate
Industry REIT - Healthcare Facilities
Full time employees 550
Full time employees 550

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 of June 30, 2025, the Company was invested in 619 real estate properties in 32 states totaling 36.1 million square feet and had an enterprise value of approximately $10.5 billion, defined as equity market capitalization plus the principal amount of debt less cash.