Healthcare Realty Trust HR
United StatesReal Estate · REIT - Healthcare FacilitiesUSD
21.42 USD (+26.9%)
12 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Healthcare Realty Trust is a REIT that owns, operates, and develops medical office and outpatient properties in the United States, generating income primarily by leasing these spaces to healthcare providers.
Key points
from its scores- ✕Weak growth2.7
- ✕Little or no dividend3.0
- ✕Little competitive advantage4.4
AI analysis
bottom line, main risk, context and newsThe high dividend yield is attractive, but the high leverage and unsustainable payout, in a rising rate environment, make the risk of a dividend cut significant.
Healthcare Realty Trust shows fragile financial health (Net Debt/EBITDA of 6.24x) and negative revenue growth (-4.30%), with a net dividend yield of 5.69% that is compromised by an unsustainable payout (826.67%). Its valuation is average (P/B 1.37, FCF yield 8.33%), but the rising interest rate environment in the US adds pressure on its balance sheet and its ability to pay the dividend.
The main risk is the high leverage (Net Debt/EBITDA of 6.24x) combined with a payout of 826.67%, which makes the dividend vulnerable to any cash flow strain, especially in a rising interest rate environment that makes refinancing its debt more expensive.
Context and risks
The governance risk profile of the country of domicile (United States) is moderate, with a. No additional specific regulatory, geopolitical, or business model risks for Healthcare Realty Trust are identified beyond those already reflected in its financial metrics.
Is Healthcare Realty Trust stock cheap or expensive?
at the analysis dateOn Price / book, it trades in line with the Real Estate median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| EV / EBITDA | 14.6 | 18.5 | −21% |
| Price / book | 1.4 | 1.4 | −4% |
| Price / sales | 5.2 | 6.3 | −18% |
Sector: median of the 100 Real Estate companies analysed. In bold, the multiples used for the comparison.
Valuation score: 4.7 out of 10 (median for Real Estate: 4.9).
Average analyst target: 21.42 USD, +26.9% versus the price.
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Real Estate medianValuation
- Forward P/E
- 241.1
- EV / EBITDA
- 14.6
- Price / book
- 1.4
- Price / sales
- 5.2
- PEG
- 8.82
- Market cap
- 5.9B USD
- Enterprise value
- 10.2B USD
Profitability
- ROE
- −1.9%
- ROA
- 0.9%
- ROIC (approx.)
- 1.9%
- Gross margin
- 61.9%
- Operating margin
- 14.7%
- Net margin
- −7.6%
- Free cash flow
- 493.0M USD
- FCF yield
- 8.3%
- Cash conversion
- 70%
Solvency
- Total debt
- 4.4B USD
- Net debt
- 4.4B USD
- Cash
- 24.7M USD
- EBITDA
- 701.3M USD
- Net debt / EBITDA
- 6.24
- Debt / equity
- 103.03
- Current ratio
- 0.34
- Quick ratio
- 0.05
Growth
- Revenue growth
- −4.3%
- EPS (TTM)
- −0.26 USD
- EPS (forward)
- 0.07 USD
Dividend
- Dividend yield
- 5.7%
- Payout
- 826.7%
Risk and market
- Beta
- 0.84
- Analyst consensus
- none (12)
- Target price
- 21.42 USD
- 52-week range
- 16.31 – 22.04
Recent news
All HR news →Compare it with its sector
All 100 in Real Estate →Frequently asked questions about Healthcare Realty Trust
Is Healthcare Realty Trust stock cheap or expensive?
On Price / book, it trades in line with the Real Estate median (within 15%). Valuation score: 4.7 out of 10 (median for Real Estate: 4.9). Average analyst target: 21.42 USD, +26.9% versus the price. This is not investment advice.
What score does Healthcare Realty Trust get on MeridIAn Screener?
It scores 4.6 out of 10, rank 1,840 of 2,130 (better than 13% of the companies analysed). Its strongest category is Risk & Context (6.6) and its weakest, Growth (2.7). Analysis of 08/10/2026.
How much is Healthcare Realty Trust worth on the stock market?
Its market capitalisation is 5.9B USD.
Does Healthcare Realty Trust pay a dividend?
Yes: its dividend yield is 5.69% and it pays out 827% of its earnings.
How has Healthcare Realty Trust stock performed over the last year?
It has fallen 0.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 16.31 and 22.04 USD. Past performance does not guarantee future results.
What do analysts think of Healthcare Realty Trust?
12 analysts cover it; their average recommendation is “none” and their average target is 21.42 USD (+26.9% versus the price). It is an estimate, not market data.