Healthcare Realty Trust Incorporated (HR) Stock

Healthcare Realty Trust Incorporated (HR) is a Real Estate stock trading at $19.40 (as of 2026-08-21), with a market capitalization of $6.65B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Healthcare Realty Trust Incorporated is a real estate investment trust that owns, manages, finances, and develops income-producing properties used for outpatient healthcare services in the United States. The company also provides leasing and property management services for these facilities.

Understand Healthcare Realty Trust Incorporated: how it makes money

Healthcare Realty Trust owns, manages, finances, and develops outpatient healthcare real estate properties, making money primarily through leasing and providing property management services tied to those properties.

The profit model is rental and service cash flow generated by owning income-producing outpatient healthcare properties, plus leasing and property management services, with additional upside linked to owning and developing that same property base.

Business quality (Weak): Outpatient healthcare-focused REIT model, supported by both property ownership and on-the-ground leasing and property management services, but no investor-operating KPIs were provided in the dataset.

Bull case

  • Built around outpatient healthcare real estate: The company owns and supports income-producing properties associated primarily with outpatient healthcare services.
  • Scale across many properties and states: As of September 30, 2020, it owned 211 properties in 24 states totaling 15.5 million square feet.
  • Leasing and property management footprint: It provided leasing and property management services to 11.9 million square feet nationwide.

Bear case

  • Business focus concentration risk: Because the portfolio is associated primarily with outpatient healthcare services, changes in that specific real estate demand profile could affect results.
  • Execution and capital allocation risk: The model includes financing and developing properties, which can introduce execution uncertainty.
Valuation — source: SEC EDGAR (first-party)
Price$19.40
Market Cap$6.65B
Price / Book1.56
Price / Sales5.81
DCF Value (model)$19.69
DCF Upside vs Price1.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.18B
Net Margin-20.8%
Revenue Growth (YoY)-5.3%
EPS Growth (YoY)-71.1%
Valuation vs Sector & Industry
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($931.81M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryTrading
CEORobert E. Hull
Employees550
CountryUS
IPO Date1993-05-27

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

  • Ryman Hospitality Properties, Inc. (RHP)
  • Vornado Realty Trust (VNO)
  • STAG Industrial, Inc. (STAG)
  • The Macerich Company (MAC)
  • Essential Properties Realty Trust, Inc. (EPRT)
  • Rayonier Inc. (RYN)
  • Starwood Property Trust, Inc. (STWD)
  • Rithm Capital Corp. (RITM)
HR earnings history · HR institutional & insider holders · HR KPIs & operating metrics · HR financials · HR investor presentations & press releases · HR SEC filings · HR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.