Healthcare Realty Trust to Release Quarterly Earnings Results on August 8th
August 14, 2023
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Healthcare Realty Trust ($NYSE:HR), a publicly-traded real estate investment trust focusing on medical office buildings and related healthcare facilities, will announce its quarterly earnings results on Tuesday, August 8th, prior to the market opening. Healthcare Realty Trust primarily invests in medical office buildings and outpatient care centers, in addition to assisted living facilities and other specialized healthcare related real estate assets. The company’s objective is to provide investors with attractive total returns through a combination of income and capital appreciation by acquiring, owning, developing, leasing and managing healthcare properties throughout the United States.
As the US healthcare industry continues to grow, Healthcare Realty Trust looks to capitalize on the growth by providing quality real estate solutions to healthcare providers. Investors can look forward to the company’s upcoming earnings report to provide more information on their performance over the past quarter.
Stock Price
HEALTHCARE REALTY TRUST announced that it will release its quarterly earnings results on August 8th. On Monday, the company’s stock opened at $19.6 and closed at $19.7, representing an increase of 1.0% from its prior closing price of $19.5. This news has caused intrigued investors to watch the stock closely ahead of the upcoming earnings release. Analysts anticipate that HEALTHCARE REALTY TRUST’s earnings results will provide insight into the current state of the company’s financial performance and how its strategies have fared in the past quarter.
Investors are also likely to pay close attention to the company’s guidance for the future and any potential changes in strategy. It remains to be seen how the market will respond to HEALTHCARE REALTY TRUST’s upcoming earnings release, but all indications point to a positive response. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HR. More…
| Total Revenues | Net Income | Net Margin |
| 1.32k | -179.77 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HR. More…
| Operations | Investing | Financing |
| 412.95 | 1.91k | -2.32k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.39k | 6.11k | 18.85 |
Key Ratios Snapshot
Some of the financial key ratios for HR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 5.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we recently conducted an analysis of HEALTHCARE REALTY TRUST’s financials using our proprietary Star Chart tool. The results of this analysis show that HEALTHCARE REALTY TRUST has a low health score of 2/10 with regard to its cashflows and debt, indicating that this company is less likely to safely ride out any crisis without the risk of bankruptcy. When we take a closer look at the components of the Star Chart, we see that HEALTHCARE REALTY TRUST is strong in assets, medium in dividend, growth and weak in profitability. Given this information about HEALTHCARE REALTY TRUST, investors who are primarily interested in receiving consistent and reliable dividend income may be well suited to invest in this company. More…
Peers
The company’s properties include hospitals, medical office buildings, senior housing facilities, and other healthcare-related facilities. The company’s portfolio is diversified across the United States, with properties in 26 states. Healthcare Realty Trust Inc’s competitors include Sabra Health Care REIT Inc, Omega Healthcare Investors Inc, and LTC Properties Inc. These companies are also involved in the ownership and operation of healthcare-related properties.
– Sabra Health Care REIT Inc ($NASDAQ:SBRA)
Sabra Health Care REIT Inc has a market cap of 2.97B as of 2022. The company is a real estate investment trust that focuses on the healthcare sector. Sabra owns and leases properties across the United States and Canada. The company’s portfolio includes skilled nursing facilities, assisted living facilities, senior housing, hospitals, and other healthcare-related properties.
– Omega Healthcare Investors Inc ($NYSE:OHI)
Omega Healthcare Investors is a real estate investment trust that specializes in the ownership and leasing of long-term care facilities. As of December 31, 2020, the company owned 1,527 skilled nursing and assisted living facilities located in the United States, the United Kingdom, and India.
– LTC Properties Inc ($NYSE:LTC)
LTC Properties Inc is a real estate investment trust that primarily invests in senior housing and long-term care properties. As of December 31, 2020, the company owned a portfolio of 431 properties in 37 states. The company has a market cap of $1.54 billion as of March 2021.
Summary
Healthcare Realty Trust is a real estate investment trust (REIT) that focuses on the healthcare sector. It owns a portfolio of healthcare-related assets such as medical office buildings, inpatient and outpatient facilities, senior housing, and other healthcare-related real estate. Investors should consider its upcoming quarterly earnings report before the market opens on Tuesday, August 8th. Analysts are expecting to see solid growth in the company’s revenues, and its recent stock performance has been positive.
Healthcare Realty Trust has a strong balance sheet and is well-positioned to continue its success. Investors should watch for developments in the medical office building market and any potential changes to the overall healthcare industry as these could impact the company’s financial performance.
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