Healthcare Tr Amer Inc Stock Price, News & Analysis

Healthcare Realty Trust Incorporated (NYSE: HR) has announced a cash dividend of $0.31 per share, payable on March 21, 2023, to stockholders of record as of March 7, 2023. Additionally, holders of the Company’s operating partnership units will receive a similar distribution. As of September 30, 2022, the Company has invested in 728 properties across 35 states, totaling 42.6 million square feet, with an enterprise value of approximately $13.8 billion. The Company provides extensive leasing and property management services nationwide.

Healthcare Realty Trust (NYSE:HR) has completed asset sales totaling $112.5 million in January, generating net proceeds of $102.8 million after accounting for joint venture interest. Since July 2022, the company has raised $1.13 billion from asset sales and joint ventures, which fully funded a special dividend related to its merger paid in July 2022. The REIT focuses on owning and managing properties primarily for outpatient healthcare services across the U.S., with a portfolio exceeding 700 properties and over 40 million square feet of space.

Healthcare Realty Trust (NYSE:HR) will release its fourth quarter 2022 earnings on March 1, 2023, before market opening. A conference call is scheduled for the same day at 11:00 a.m. CT to discuss earnings, quarterly activities, and industry trends. The call will be accessible via a webcast at the company's website. As of September 30, 2022, the company managed over 700 properties totaling over 40 million square feet, providing services across the U.S. The press release also mentions potential forward-looking statements that entail risks, which can be found in their SEC filings.

Healthcare Realty Trust (NYSE:HR) announced $1.14 billion in asset sales and joint venture contributions since July 2022, achieving a 4.86% cap rate. The company netted $1.03 billion after accounting for joint ventures and costs. An additional $100 million in sales is expected by February's end. The transactions, involving 34 properties sold and 11 contributed to joint ventures, aim to enhance portfolio quality by increasing exposure to multi-tenant, on-campus medical office buildings. The company successfully repaid a $423 million asset sale term loan as of year-end 2022.

Healthcare Realty Trust Incorporated (NYSE:HR) reported a net income of $28.3 million or $0.08 per diluted share for Q3 2022, with normalized FFO at $129.4 million ($0.39 per share). The merger with Healthcare Trust of America was completed on July 20, 2022. Same store cash NOI increased 2.8%, with anticipated run-rate FFO at $0.40 per share post-merger adjustments. The company aims to achieve $33-$36 million in annual G&A synergies, realizing $16.4 million so far. A quarterly dividend of $0.31 is set for November 30, 2022.

Healthcare Realty Trust (NYSE:HR) has declared a cash dividend of $0.31 per share, payable on November 30, 2022, to Class A shareholders on record as of November 15, 2022. Holders of OP Units will also receive an equivalent distribution. Following its merger with Healthcare Trust of America on July 20, 2022, the company now manages over 700 properties totaling approximately 44 million square feet nationwide, focusing on outpatient healthcare services.

Healthcare Realty Trust (NYSE:HR) released its fourth annual Corporate Responsibility Report, showcasing significant achievements in its environmental, social, and governance (ESG) initiatives. Key highlights include a 6.9% decrease in energy usage, a 22.8% reduction in greenhouse gas emissions, and a 13.9% drop in water consumption since 2016. The company obtained 15 new green building certifications and improved its GRESB ranking to 4 Green Stars. Following its merger with Healthcare Trust of America, HR aims to integrate and enhance ESG data across a broader portfolio. The full report is available on their website.

Healthcare Realty Trust (NYSE:HR) will announce Q3 2022 results on November 9, 2022, before market opening. A conference call is scheduled for the same day at 11:00 a.m. Central Time to discuss the earnings, quarterly activities, and industry trends. The company, following its merger with Healthcare Trust of America on July 20, 2022, manages over 700 properties totaling 40 million square feet and offers leasing services for 30 million square feet nationwide.

Healthcare Realty (NYSE:HR) has appointed Ron M. Hubbard as Vice President of Investor Relations. Hubbard, who previously held similar roles at publicly traded REITs, will focus on enhancing investor relations to convey the company's strategy and financial performance. Following the merger with Healthcare Trust of America on July 20, 2022, Healthcare Realty currently manages over 700 properties, totaling approximately 44 million square feet, and providing property management services for over 30 million square feet across the U.S.