AI Spotlight on HR
Company Description
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States.As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.The Company provided leasing and property management services to 11.9 million square feet nationwide.
Market Data
Last Price | 16.75 |
Change Percentage | -0.42% |
Open | 16.75 |
Previous Close | 16.82 |
Market Cap ( Millions) | 5936 |
Volume | 2434391 |
Year High | 18.9 |
Year Low | 12.77 |
M A 50 | 17.18 |
M A 200 | 16.98 |
Financial Ratios
FCF Yield | 3.88% |
Dividend Yield | 7.40% |
ROE | -9.60% |
Debt / Equity | 95.36% |
Net Debt / EBIDTA | 782.21% |
Price To Book | 1.09 |
Price Earnings Ratio | -10.17 |
Price To FCF | 25.81 |
Price To sales | 4.61 |
EV / EBITDA | 16.69 |
News
- Jan -25 - How The 'Smart Money' Is Investing In REITs Right Now
- Jan -23 - Healthcare Realty Trust Announces Fourth Quarter Earnings Release Date and Conference Call
- Jan -16 - Medical Emergency? My Rx For 7.5% Yields
- Dec -26 - Healthcare Realty Trust: Growth In Outpatient Demand And Portfolio, Impacted By Net Losses
- Dec -20 - Up To 10% Yields To Lock In Now
- Dec -15 - Fed Ahead
- Dec -10 - Sell Alert: 3 REITs That Likely Will Cut Their Dividend In 2025
- Dec -09 - Healthcare Realty Trust Announces Key Leadership Changes
- Dec -09 - Healthcare Realty Trust Announces Key Leadership Changes
- Dec -09 - Healthcare Realty Trust Announces Changes to Board of Directors
- Dec -07 - Activist Starboard has a stake in Healthcare Realty Trust. Two paths to create value emerge
- Dec -03 - Property Type Round-Up From REITworld 2024
- Dec -03 - 5 REITs That Pay Me More Than $1,000 Passive Income Each Month
- Nov -25 - The State Of REITs: November 2024 Edition
- Nov -23 - 2 High Yield REITs: Is The Thrill Of Victory Worth The Agony Of Defeat?
- Nov -20 - H&R REIT: We Booked Our Profits, But Another Buy Point May Be Lining Up
- Nov -16 - My Doctor Pays Me +7% Yields
- Nov -16 - 1 REIT To Sell And 1 REIT To Buy
- Nov -13 - H&R Real Estate Investment Trust (HRUFF) Q3 2024 Earnings Call Transcript
- Nov -12 - Healthcare Realty Trust Announces CEO Transition
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental
Expected Growth : 2.0 %
What the company do ?
Rental from Healthcare Realty Trust Incorporated refers to the income generated from leasing medical office buildings and healthcare facilities to healthcare providers.
Why we expect these perspectives ?
Rental growth of 2.0% in Healthcare Realty Trust Incorporated is driven by increasing demand for medical office buildings and outpatient facilities, fueled by an aging population and healthcare reform. Additionally, the company's strategic acquisitions and development of high-quality properties in strong markets contribute to rental growth, while a stable tenant base and long-term leases provide a solid foundation for future growth.
Segment nΒ°2 -> Other Operating
Expected Growth : 1.5 %
What the company do ?
Other Operating from Healthcare Realty Trust Incorporated refers to non-rental revenue generated from services like medical office building management and leasing.
Why we expect these perspectives ?
Healthcare Realty Trust's 1.5% Other Operating growth is driven by increasing demand for medical office buildings and outpatient facilities, fueled by an aging population and healthcare reform. Additionally, strategic acquisitions and expansions into high-growth markets, such as ambulatory surgery centers and medical office buildings, contribute to the segment's growth.
Segment nΒ°3 -> Interest Income
Expected Growth : 0.5 %
What the company do ?
Healthcare Realty Trust Incorporated's interest income refers to the earnings generated from lending or investing in healthcare-related debt securities or other interest-bearing assets.
Why we expect these perspectives ?
Healthcare Realty Trust's 0.5% interest income growth is driven by increasing demand for healthcare services, aging population, and strategic acquisitions of medical office buildings and healthcare facilities. Additionally, the company's focus on high-quality tenants, long-term leases, and strong property management practices contribute to stable and growing interest income.
Healthcare Realty Trust Incorporated Products
Product Range | What is it ? |
---|---|
Medical Office Buildings | Healthcare Realty Trust Incorporated owns and operates medical office buildings, providing healthcare providers with convenient and accessible facilities to deliver patient care. |
Outpatient Surgery Centers | The company develops and operates outpatient surgery centers, offering a range of surgical procedures and medical treatments. |
Urgent Care Centers | Healthcare Realty Trust Incorporated develops and operates urgent care centers, providing immediate, non-emergency care for patients. |
Medical Retail | The company develops and operates retail spaces for healthcare-related businesses, such as pharmacies, medical supply stores, and health food stores. |
Healthcare-Focused Industrial Properties | Healthcare Realty Trust Incorporated owns and operates industrial properties, such as medical device manufacturing facilities and pharmaceutical distribution centers. |
Healthcare Realty Trust Incorporated's Porter Forces
Threat Of Substitutes
Healthcare Realty Trust Incorporated operates in a niche market, providing healthcare facilities and services. While there are substitutes available, they are limited, and the company's specialized services reduce the threat of substitutes.
Bargaining Power Of Customers
Healthcare Realty Trust Incorporated's customers are primarily healthcare providers and medical professionals. They have limited bargaining power due to the specialized nature of the company's services and the lack of alternative options.
Bargaining Power Of Suppliers
Healthcare Realty Trust Incorporated relies on a network of suppliers for construction, maintenance, and other services. While suppliers have some bargaining power, the company's scale and diversified supplier base mitigate this risk.
Threat Of New Entrants
Entering the healthcare realty market requires significant capital investment and expertise. Barriers to entry, such as regulatory hurdles and high startup costs, limit the threat of new entrants.
Intensity Of Rivalry
The healthcare realty market is moderately competitive, with a few established players. While there is some rivalry, the company's diversified portfolio and strong relationships with healthcare providers mitigate the intensity of rivalry.
Capital Structure
Value | |
---|---|
Debt Weight | 42.28% |
Debt Cost | 5.13% |
Equity Weight | 57.72% |
Equity Cost | 7.19% |
WACC | 6.32% |
Leverage | 73.24% |
Healthcare Realty Trust Incorporated : Quality Control
Healthcare Realty Trust Incorporated passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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OHI | Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a β¦ |
SBRA | As of March 31, 2022, Sabra's investment portfolio included 416 real estate properties held for investment. This consists of (i) 279 Skilled Nursing/Transitional Care facilities, (ii) 59 Senior Housing communities β¦ |
MPW | Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has β¦ |
VTR | Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries Β healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts β¦ |
CTRE | CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a β¦ |