Healthcare Realty Trust Inc (NYSE:HR) price closed higher on current market day and jumping 1.58% above its previous close.
A look at the daily price movement shows that the last close reads $14.52. Taking into account the 52-week price action we note that the stock hit a 52-week high of $18.90 and 52-week low of $14.09. The stock subtracted -3.91% on its value in the past month.
Healthcare Realty Trust Inc, which has a market valuation of $5.18 billion, is expected to release its quarterly earnings report in July. The company stock has a Forward Dividend ratio of 1.24, while the dividend yield is 8.41%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 4 analysts have assigned HR a recommendation rating as follows: 2 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Healthcare Realty Trust Inc (HR) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that HR’s price is at present 1.38% off the SMA20 and -3.13% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.91, with weekly volatility standing at 1.06%. The indicator jumps to 1.43% when calculated based on the past 30 days. Healthcare Realty Trust Inc (NYSE:HR)’s beta value is holding at 0.86, while the average true range (ATR) indicator is currently reading 0.33. Considering analysts have assigned the stock a price target range of $16-$22 as the low and high respectively, we find the trailing 12-month average consensus price target to be $19. Based on this estimate, we see that current price is roughly -8.47% off the estimated low and -49.15% off the forecast high. Investors will no doubt be excited to see the share price fall to $19, which is the median consensus price, and at that level HR would be -28.81% from current price.
Current records show that the company has 351.00M in outstanding shares. The insiders’ percentage holdings are 0.96% of outstanding shares while the percentage share held by institutions stands at 106.20%. But the -12.98% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
