Universal Health Realty Income Trust (UHT)
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-09-04
$40.83-0.80%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - Healthcare FacilitiesSnapshot 2026-09-04
Broken: Primary pillar broken — EPS at least $1.27 in FY26: EPS $0.74 vs $1.27.
Universal Health Realty owns healthcare properties that pay steady rent. It raised its dividend recently, showing strong cash flow. The company increased borrowing capacity to support growth. Earnings per share are expected to rise to at least $1.27 in 2026.
The stock trades at a high price-to-earnings ratio of 34.4, well above peers at 13.8. Revenue growth is modest at about 3.5% expected by analysts. Rising debt or weaker dividends could hurt returns.
The price is about 18% above our fair value near $38. The market expects about 3.5% revenue growth, which aligns with consensus but leaves limited upside.
Breaks if: Borrowing capacity falls below $475 million
Amend credit agreement to increase borrowing capacity to $475 million.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable long-term thesis in the real estate sector. It is characterized by moderate risk and a focus on consistent management execution and financial performance.
The current valuation suggests that UHT is priced in a manner that is cheap compared to its peers. The market appears to have a low expectations gap, indicating that recent performance is largely justified.
Recent financial performance has been strong, with management executing on key priorities like the development of Miller Medical Plaza and maintaining dividend payments. The near-term risk of missing earnings is low, but the company operates in a high-miss-rate industry.
The long-term thesis hinges on several factors, including management's ability to deliver on development projects and the potential impact of Federal Reserve rate cuts. Additionally, performance from sector bellwethers could influence UHT's momentum.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Dividend falls below $0.74 per share quarterly
Continue regular dividend payments to shareholders, with recent quarterly dividends around $0.75 per share.
Stated as a priority in 3 of last 3 quarters. Management consistently declared and paid quarterly dividends around $0.745 to $0.75 per share from 2025-Q4 through 2026-Q2. Dividend payments have been maintained steadily, delivering on this capital allocation commitment.
“Second quarter dividend of $0.75 per share declared and paid on June 30, 2026.”
“First quarter dividend of $0.745 per share declared and paid on March 31, 2026.”
“Fourth quarter dividend of $0.745 per share declared and paid on December 31, 2025.”
Breaks if: EPS falls below $1.27 in FY26
Overall, UHT's fundamentals are stable, and its management is on track with key priorities. Not investment advice.