HR
Real EstateHealthcare Realty Trust Incorporated · REIT - Healthcare Facilities · $7B
What is Healthcare Realty Trust Incorporated?
Healthcare Realty Trust is a Nashville-based real estate investment trust focused on outpatient healthcare facilities across the United States. The company owns, manages, and develops medical office and outpatient properties in dozens of states.
Healthcare Realty Trust generates revenue by owning and leasing income-producing real estate tied to outpatient healthcare delivery. Tenants include physician groups, hospital systems, and other healthcare providers who occupy medical office buildings and outpatient facilities. Beyond ownership, the company provides leasing and property management services to a broad portfolio of healthcare-related properties nationwide, creating multiple streams of recurring real estate income.
Founded in 1993 and headquartered in Nashville, Tennessee.
- Outpatient medical office building ownership
- Healthcare property development and financing
- Leasing and property management services
- Outpatient facility portfolio spanning multiple US states
Is HR a Good Stock to Buy?
UQS Score rates HR as Poor overall, placing it among the lower-ranked names in the real estate sector.
The Risk pillar comes in at a Neutral rating, which is the lone relative bright spot in HR's profile — suggesting the company's balance sheet and operational risk are not at extreme levels compared to peers.
Quality, Moat, and Growth all register as Weak, indicating the business lacks durable competitive advantages and has struggled to generate meaningful earnings quality or expansion. The Valuation pillar is rated Elevated, meaning the current price does not appear to offer a margin of safety given the underlying fundamentals.
Pro members can view the full pillar breakdown and detailed financial metrics behind HR's UQS Score at uqs-score.com. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does HR pay dividends?
Yes — Healthcare Realty Trust Incorporated pays a dividend.
Healthcare Realty Trust pays a regular dividend, consistent with its structure as a REIT — which is required by law to distribute the majority of taxable income to shareholders. Income-oriented investors often look to healthcare REITs for yield, though the sustainability of any dividend should be weighed against the company's underlying earnings quality and growth profile.
When does HR report earnings?
Healthcare Realty Trust reports earnings on a quarterly cadence, typical for US-listed REITs.
Given Weak ratings across Quality and Growth pillars, recent operating results have not demonstrated strong momentum in earnings or portfolio expansion relative to sector peers. Investors should review the most current quarterly disclosures for updated occupancy, funds from operations, and leasing activity.
For the most recent quarter's results, visit Healthcare Realty Trust's investor relations page directly.
HR Price History
+5.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Healthcare Realty Trust Incorporated?
Based on Healthcare Realty Trust Incorporated's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
HR Long-term Outlook
The combination of Weak Growth and Weak Quality pillars suggests the near-term fundamental outlook for HR is cautious. The outpatient healthcare real estate sector does benefit from long-term demographic tailwinds, but HR's current profile indicates the company faces headwinds in translating those trends into portfolio-level earnings improvement. An Elevated Valuation rating adds further concern, as the stock may be priced above what the underlying fundamentals currently support.
Growth drivers
- Aging US population increasing demand for outpatient healthcare facilities
- Ongoing shift from inpatient to outpatient care delivery models
- Potential for property management fee growth across managed portfolio
Key risks
- Elevated valuation leaves limited room for error if fundamentals disappoint
- Weak moat means limited pricing power with healthcare tenants
- Rising interest rates can pressure REIT valuations and refinancing costs
HR vs Peers
Healthcare Realty Trust operates in a competitive healthcare REIT landscape alongside several other specialized property owners.
Chartwell focuses on senior living and retirement communities in Canada, giving it a different geographic and tenant profile compared to HR's US outpatient focus.
Sabra concentrates on skilled nursing and senior housing facilities, targeting a more acute-care tenant base than HR's outpatient medical office emphasis.
CareTrust specializes in post-acute and long-term care real estate, differentiating itself from HR's outpatient-centric portfolio strategy.
Frequently Asked Questions
What does Healthcare Realty Trust do?
Healthcare Realty Trust owns, manages, finances, and develops real estate properties associated with outpatient healthcare services across the United States. Its portfolio consists primarily of medical office buildings and outpatient facilities leased to physician groups and health systems.
Does HR pay dividends?
Yes, Healthcare Realty Trust pays a regular dividend. As a REIT, the company is required to distribute the majority of its taxable income to shareholders, making dividend payments a core feature of its investment profile. Investors should assess dividend sustainability against the company's earnings quality.
When does HR report earnings?
Healthcare Realty Trust reports earnings on a quarterly cadence, consistent with US-listed REIT standards. For exact dates and the most recent results, check the company's official investor relations page.
Is HR a good stock to buy?
UQS Score rates HR as Poor, reflecting Weak readings across Quality, Moat, and Growth pillars alongside an Elevated Valuation. This profile suggests meaningful fundamental challenges relative to sector peers. Investors should review the full analysis before making any decision.
Is HR overvalued?
The UQS Valuation pillar for HR is rated Elevated, indicating the stock may be priced above what current fundamentals justify. When paired with Weak Quality and Growth ratings, an elevated valuation leaves limited buffer if operating results disappoint.
How does HR compare to its competitors?
HR competes with other healthcare-focused REITs including Sabra Health Care REIT and CareTrust REIT in the US, and Chartwell Retirement Residences in Canada. Each peer targets different healthcare property types — skilled nursing, senior housing, or post-acute care — while HR centers on outpatient medical office real estate.
What is HR's market cap bracket?
Healthcare Realty Trust is classified as a mid-cap company, placing it in the middle tier of publicly traded real estate investment trusts by market size.
Who founded Healthcare Realty Trust?
Healthcare Realty Trust was founded in 1993. For detailed founding history and leadership background, the company's official website and investor relations materials are the most reliable sources.
Is HR a long-term quality investment?
As a long-term quality indicator, HR's UQS profile raises concerns. Weak Moat and Quality scores suggest the business lacks the durable competitive advantages typically associated with compounding long-term value. The Neutral Risk rating is a modest positive, but the overall picture warrants careful scrutiny.
What is the main competitive advantage of Healthcare Realty Trust?
Healthcare Realty Trust's scale in outpatient medical office properties and its integrated management platform are potential differentiators. However, the UQS Moat pillar rates HR as Weak, suggesting these advantages have not translated into a clearly defensible competitive position relative to sector peers.
What sector does HR belong to?
HR belongs to the Real Estate sector, specifically operating as a healthcare-focused REIT. You can explore other [real estate sector stocks](/sector/real-estate) on UQS Score to compare quality profiles across the industry.
Is HR a growth stock or value stock?
Based on UQS pillar labels, HR does not fit cleanly into either category. The Growth pillar is rated Weak, indicating limited earnings or portfolio expansion, while the Valuation pillar is Elevated — making a value characterization difficult to support at current pricing.
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Pro Analysis
HR — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 20, 2026 | 23.4 | 12.0 | 21.0 | 44.6 | 28.9 | 12.9 | 0.0 |
| May 17, 2026 | 23.4 | 12.0 | 21.0 | 44.6 | 28.9 | 12.7 | +2.1 |
| May 14, 2026 | 21.3 | 11.9 | 21.0 | 30.8 | 28.9 | 17.1 | -2.9 |
| May 7, 2026 | 24.2 | 11.1 | 21.0 | 31.4 | 41.7 | 24.4 | -0.5 |
| May 3, 2026 | 24.7 | 11.1 | 21.0 | 31.4 | 41.7 | 27.3 | -0.2 |
| Apr 26, 2026 | 24.9 | 11.1 | 21.0 | 31.4 | 41.7 | 28.9 | 0.0 |
| Apr 25, 2026 | 24.9 | 11.1 | 21.0 | 31.4 | 41.7 | 28.6 | +0.1 |
| Apr 23, 2026 | 24.8 | 11.1 | 21.0 | 31.4 | 41.7 | 27.9 | -0.2 |
| Apr 19, 2026 | 25.0 | 11.1 | 21.0 | 31.4 | 41.7 | 29.4 | -0.5 |
| Apr 18, 2026 | 25.5 | 11.1 | 21.0 | 31.4 | 41.7 | 33.0 | +0.8 |
HR — Pillar Breakdown
Quality
— 11.9/100 (25%)Healthcare Realty Trust Incorporated currently shows below-average quality metrics, suggesting challenges with profitability.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 44.5/100 (20%)Healthcare Realty Trust Incorporated shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 28.9/100 (15%)Healthcare Realty Trust Incorporated presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 11.8/100 (15%)Healthcare Realty Trust Incorporated appears expensively valued relative to its fundamentals and growth prospects.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 21/100 (25%)Healthcare Realty Trust Incorporated operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HR.
Score Composition
Financial Data
More Stock Analysis
How is the HR UQS Score Calculated?
The UQS (Unified Quality Score) for Healthcare Realty Trust Incorporated is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Healthcare Realty Trust Incorporated's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Healthcare Realty Trust Incorporated is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.