Healthcare Realty Trust (HR)
Real Estate · Healthcare real estate investment trust (REIT)
A self-managed REIT that owns and manages a $10+ billion portfolio of outpatient and inpatient healthcare real estate properties across the United States.
What Healthcare Realty Trust does
Healthcare Realty Trust is a self-managed, self-administered REIT that owns, leases, manages, acquires, finances, develops and redevelops income-producing real estate properties associated primarily with outpatient healthcare services delivery across the United States. As of December 31, 2025, the company owned 502 consolidated properties with gross investments of approximately $10.3 billion, plus interests in 61 unconsolidated joint venture properties. The company provides leasing and property management services to approximately 93% of its portfolio.
Themes: ["Healthcare real estate / medical office buildings","Outpatient healthcare facilities","REIT / real estate investment","Property management and leasing"]
Fundamentals
- Price$20.69 as of 2026-07-09 close
- Market cap$7.2B as of 2026-07-10
- 1-year return+29.7% as of 2026-07-09 close
- Net margin-17.3% as of 2026-07-10
- Gross margin+62.6% as of 2026-07-10
- ROE-4.3% as of 2026-07-10
- Debt / equity0.94 as of 2026-07-10
- Revenue growth (YoY)-25.9% as of 2026-07-10
- Revenue CAGR (3y)+8.2% SEC XBRL
- Beta0.83 as of 2026-07-10
Dividend: yield +4.7%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Portfolio occupancy and tenant credit risk: the company's operations depend on healthcare tenants maintaining operations and paying rent, with portfolio occupancy at 90.4% as of December 31, 2025","Interest rate and debt risk: the company carries $4.1 billion in notes and bonds payable and faces refinancing risk in a higher rate environment","Healthcare industry volatility: changes in healthcare reimbursement, regulations, and provider consolidation could affect tenant viability and property valuations"]
Competitors & peers
- Physicians Realty Trust (DOC)
- Sabra Health Care REIT (SBRA)
- Medical Properties Trust (MPW)
- Ventas (VTR)
- Welltower (WELL)
- LTC Properties (LTC)
- Healthcare Trust, Inc. (HTIA)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.