Healthcare Realty Trust: Prognosis Guarded

ISTJ Investor
1.25K Followers

Summary

  • Healthcare Realty Trust today trades near decade lows, down over 30% over 10 years.
  • The strategy to use increased scale to leverage operating and leasing efficiency, and drive occupancy and revenue, has been slow to yield results, leaving many investors unsatisfied.
  • But the business - leasing medical office building space - is competitive rather than in decline.
  • Today's price of HR stock offers a potential 25% capital gain and an attractive 8.9% yield, and may provide an attractive entry point for patient investors.

Medical finance insurance

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Investment Thesis

Healthcare Realty Trust Incorporated (NYSE:HR) today trades near a decade low price, down almost 30% over ten years, and almost 50% in the last two years. The current 8.9% yield is attractive, but is also at risk.

This article was written by

1.25K Followers
Myers-Briggs ISTJ. Detail oriented, data driven, planner, long time horizon. Individual investor for 20 plus years. Did the CFP exam for grins years ago, but never certified. Interest in energy, tech.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of HR, PEAK, DOC, VTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This is not advice to buy or sell this stock. I am not an accountant or investment advisor. This article is intended to provide information to interested parties and is in no way a recommendation to buy or sell the securities mentioned. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to do their own due diligence before investing.

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