Does Healthcare Realty Trust Inc (NYSE:HR) have deteriorating prospects?

The stock of Healthcare Realty Trust Inc (NYSE:HR) last traded at $17.39, down -1.08% from the previous session.

HR stock price is now -2.43% away from the 50-day moving average and 7.16% away from the 200-day moving average. The market capitalization of the company currently stands at $6.16B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

With the price target reduced from $17 to $16, Wells Fargo Downgraded its rating from Equal Weight to Underweight for Healthcare Realty Trust Inc (NYSE: HR). On February 20, 2024, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $19 to quote $15, while ‘Stifel’ rates the stock as ‘Hold’

In other news, Douglas J Christopher, Officer bought 144,831 shares of the company’s stock on Oct 18 ’24. The stock was bought for $2,609,854 at an average price of $18.02. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 02 ’24, Officer Douglas J Christopher bought 64,960 shares of the business’s stock. A total of $1,166,032 was incurred on buying the stock at an average price of $17.95. A total of 0.80% of the company’s stock is owned by insiders.

During the past 12 months, Healthcare Realty Trust Inc has had a low of $12.77 and a high of $18.90. The fifty day moving average price for HR is $17.8356 and a two-hundred day moving average price translates $16.22225 for the stock.

The latest earnings results from Healthcare Realty Trust Inc (NYSE: HR) was released for 2024-09-30. The net profit margin was -46.11% and return on equity was -9.49% for HR. The company reported revenue of $315.42 million for the quarter, compared to $342.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.84 percent.

Related Posts