Healthcare Realty Trust (HR)
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-11-04
$19.07-1.90%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-11-04
QuarterlyIQ Insights · HR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 2.1% |
| Our one-year growth estimate | diamond | 0.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the US dollar and real (inflation-adjusted) rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 2.0 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 8 industry peers · Company calendar date is not available
HR — earnings in line
Dated 2026-07-30
Results of Operations and Financial Condition. Second Quarter Earnings and Dividend Press Release On July 30, 2026, Healthcare Realty Trust Incorporated (the “Company”) issued a press release announcing its earnings and dividend for the second quarter ended June 30, 2026. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.
Why it matters: HR sold two Chicago properties and has a contract for the last one. Closing that sale would complete its stated exit from the market.
Watch forHR reports the sale of its last Chicago property has closed. It has now left the Chicago market.
Also watch forThe sale is canceled or the next update says HR still owns the remaining Chicago property.
Why it matters: HR agreed to over 200,000 square feet of new and renewed leases tied to a $120 million hospital upgrade. Signed leases would confirm the planned link between the campus work and HR space.
Supportive ifHR reports it signed new and renewed Ascension leases. They cover more than 200,000 square feet across the three Nashville campuses.
Worry ifHR reports that the lease deal was not signed, covers 200,000 square feet or less, or was canceled.
Why it matters: HR reported 8.6% cash leasing spreads in Q3 and 4.8% in Q2. Another positive result would show leases still reset at higher cash rates.
Supportive ifThe next reported cash leasing spread is above 0%.
Worry ifThe next reported cash leasing spread is 0% or lower.
Why it matters: HR raised its 2026 Normalized FFO range to $1.65 to $1.67 per share. Results in that range would confirm the higher guidance.
Supportive ifFull-year 2026 Normalized FFO is at least $1.65 per share and no more than $1.67.
Worry ifFull-year 2026 Normalized FFO is below $1.65 per share or HR lowers its range.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$69 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $207 loss on $10,000 · 2.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,282 loss on $10,000 · 22.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: HR raised its full-year growth range twice in 2026. Growth at or above 5.00% would confirm that recent gains are holding.
Supportive ifFull-year 2026 Same Store Cash NOI growth is at least 5.00%, within the current 5.00% to 5.25% range.
Worry ifFull-year 2026 Same Store Cash NOI growth is below 5.00% or HR cuts its current range.
Why it matters: HR kept its dividend at $0.24 per share in Q3, with a 76% FAD payout ratio. A steady payment would confirm the recent pattern.
Watch forHR declares a quarterly dividend of at least $0.24 per share.
Also watch forHR declares a quarterly dividend below $0.24 per share or suspends it.