Healthcare Realty Trust (HR)
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-09-04
$19.12-0.78%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-09-04
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 | 28.9% |
| Our one-year growth estimate | diamond | -0.5% |
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 real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-09-04.
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 29.5 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 15 industry peers
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: Closing this loan will help with cash flow. It shows the company is stable.
Supportive ifThe term loan closes successfully and funds are available for use.
Worry ifThe term loan does not close or faces significant delays.
Why it matters: Successful acquisitions can boost growth and asset value. Delays or failures may show problems in spending.
Supportive ifThey announced they finished buying companies for $200 million.
Worry ifNo announcements of completed acquisitions by the end of Q3.
Why it matters: This loan will help with cash flow and financial options. Its terms show how well the company handles debt.
Supportive ifGood terms are announced for the new $400 million unsecured delayed draw term loan.
Worry ifBad terms or a delay in closing the loan are announced.
Why it matters: Keeping the dividend shows financial health. A cut may mean cash flow problems.
Worry ifDividend payout confirmed at $0.24 per share for Q3.
Less concerning ifDividend payout reduced below $0.24 per share for Q3.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
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 | $205 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 | $1,317 loss on $10,000 · 13.2% | 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: More share buybacks may show management believes in the stock's value. This could boost earnings per share.
Supportive ifShare buybacks of over $100 million are announced for 2026.
Worry ifNo big share buybacks are announced for the rest of 2026.
Why it matters: This growth rate is a key indicator of the company's performance. A drop below 4.25% could signal weakening operations.
Worry ifSame Store Cash NOI growth reported below 4.25% for Q3.
Less concerning ifSame Store Cash NOI growth reported above 5.00% for Q3.
Why it matters: Increased buybacks could signal confidence in the stock's value and improve earnings per share.
Supportive ifHealthcare Realty plans share buybacks of more than $100 million.
Worry ifNo new buybacks or buybacks under $100 million.
Why it matters: Progress on this $120 million project shows a commitment to growth. Delays may mean operational problems.
Watch forThey announced big steps or finished parts for the redevelopment.
Also watch forThere are reports of delays or budget issues with the redevelopment project.
Why it matters: More cash from operations shows better financial health. It also means better efficiency.
Supportive ifCash from operations exceeds $52.9 million in Q2 2026.
Worry ifCash from operations remains below $52.9 million in Q2 2026.
Why it matters: A lower ratio shows better financial health and may boost investor trust.
Supportive ifNet debt to adjusted EBITDA ratio improves to below 5.4x.
Worry ifNet debt to adjusted EBITDA ratio worsens above 5.5x.
Why it matters: The new credit agreement may change future investments and flexibility. Investors want to know how capital will be used.
Watch forHealthcare Realty shares a plan for the new credit facility. This shows plans for growth.
Also watch forNo clear plan is shared. This leads to uncertainty about capital use.
Why it matters: High tenant retention rates are crucial for stable cash flow. A drop could indicate challenges in the portfolio.
Worry ifTenant retention rates are over 93.5%. This shows strong demand for properties.
Less concerning ifTenant retention rates are below 90%. This may show issues with tenant satisfaction or market conditions.
Why it matters: Signing these leases would show demand and stability in the Nashville market.
Supportive ifLeases with Ascension Health signed for over 200,000 square feet.
Worry ifLeases with Ascension Health not signed by the end of Q3.
Why it matters: Updates will clarify how the company plans to manage its capital and debt.
Watch forManagement has a clear plan for using money. This plan improves the financial position.
Also watch forManagement does not provide clear plans or shares a strategy that raises debt.