Healthcare Realty Trust Incorporated reports developments as a healthcare REIT focused on owning, operating and developing medical outpatient buildings in the United States. Recurring news centers on quarterly earnings releases, portfolio operations, general company activities and industry trends tied to outpatient healthcare real estate.
Corporate updates also cover financing and capital-structure actions by its operating partnership, Healthcare Realty Holdings, L.P., including unsecured debt programs and exchangeable senior notes guaranteed by the parent company. Other recurring themes include governance changes, shareholder matters, material agreements and disclosures involving the REIT’s common stock.
Healthcare Realty Trust (NYSE:HR) will report its Q1 2021 results on May 5, 2021, after market close. A conference call is scheduled for May 6, 2021, at 11:00 a.m. CT to discuss earnings, company operations, and industry trends. The company owns 227 properties across 24 states, totaling 16.4 million square feet, with a valuation of approximately $5.7 billion. They offer extensive leasing and property management services over 12.6 million square feet nationwide. Forward-looking statements are included, discussing risks related to the business.
Healthcare Realty Trust (NYSE:HR) has announced a cash dividend increase to $0.3025 per share, payable on March 9, 2021, to stockholders of record on February 22, 2021. This marks an increase from the previous $0.30 per share. As of December 31, 2020, the company owned 227 properties across 24 states, covering 16.4 million square feet, with a total valuation of approximately $5.7 billion. Healthcare Realty Trust specializes in managing real estate related to outpatient healthcare services.
Healthcare Realty Trust reported a net loss of $15.9 million, or $0.12 per share, for Q4 2020, while achieving a net income of $72.2 million for the full year. The quarterly results were impacted by $21.9 million in debt financing costs. Normalized FFO was $56.6 million for the quarter and $222.2 million for the year, showing a year-over-year increase. The company collected over 99% of rents due and reported a tenant retention rate of 84.2%. Additionally, it acquired 16 medical office buildings for $336.7 million, enhancing its real estate portfolio.
Healthcare Realty Trust (NYSE:HR) announced its fourth quarter earnings conference call will take place at 11:00 a.m. CT on February 11, 2021, following a change to accommodate numerous earnings calls. The financial results for Q4 2020 will be released after market close on February 10, 2021. The company owns 211 properties across 24 states, totaling 15.5 million square feet and valued at approximately $5.5 billion. Healthcare Realty Trust provides leasing and property management services for 11.9 million square feet nationwide.
Healthcare Realty Trust (NYSE: HR) will share its fourth-quarter 2020 results on February 10, 2021, after market close. A conference call is set for February 11, 2021, at 10:00 a.m. Central Time to discuss earnings and company operations. The company owns 211 properties across 24 states, totaling 15.5 million square feet, with a valuation of approximately $5.5 billion. The firm provides property management services for 11.9 million square feet nationwide. Forward-looking statements regarding risks are included in their SEC filings.
Healthcare Realty Trust (NYSE:HR) has released its second annual Corporate Responsibility Report detailing its Environmental, Social, and Governance (ESG) initiatives. The report establishes initial Key Performance Indicators (KPIs) aligned with U.N. Sustainable Development Goals. The company also announced the expansion of Carla Baca's role to lead Corporate Responsibility initiatives, in addition to her current investor relations responsibilities. As of September 30, 2020, Healthcare Realty owned 211 properties totaling 15.5 million square feet, valued at approximately $5.5 billion.
Healthcare Realty Trust (NYSE:HR) has announced a joint venture with Teachers Insurance and Annuity Association (TIAA) to invest in medical office buildings, enhancing its investment volume and earnings growth potential. The company holds a 50% interest in the venture, aiming to purchase around $200 million in properties annually without significant property-level debt. The first property acquired was a $16.6 million building in Minneapolis at a 5.1% cap rate. As of September 30, 2020, Healthcare Realty managed properties valued at approximately $5.5 billion.
Healthcare Realty Trust (NYSE:HR) reported a net income of $8.2 million or $0.06 per diluted share for Q3 2020, while normalized FFO reached $54.8 million, equivalent to $0.41 per share. Key metrics show a 2.4% increase in same-store cash NOI year-over-year and a tenant retention rate of 85.1%. The Company acquired seven medical office buildings for $117.1 million and plans to purchase 12 additional properties for $276 million. A quarterly dividend of $0.30 was declared, representing 88.1% of FAD. As of September 30, 2020, HR's total owned real estate was valued at approximately $5.5 billion.
Healthcare Realty Trust (NYSE:HR) declared a quarterly cash dividend of $0.30 per share, payable on December 1, 2020, to shareholders on record as of November 16, 2020. The company, which focuses on real estate for outpatient healthcare, owned 210 properties across 24 states as of June 30, 2020, totaling 15.5 million square feet and valued at approximately $5.5 billion.
Healthcare Realty Trust (NYSE:HR) will report its third-quarter 2020 results on November 4, 2020, after market close. A conference call is scheduled for November 5, 2020, at 10:00 a.m. Central Time to discuss earnings, quarterly activities, and operations. The Company specializes in owning and managing real estate properties for outpatient healthcare services, owning 210 properties totaling 15.5 million square feet, valued at approximately $5.5 billion as of June 30, 2020.