E Daily Stock Review: Healthcare Realty Trust

This week, I'm looking for a second stalwart healthcare sector representative for my new Ivy portfolio. 

That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies.

Today I'm reviewing a mid-cap healthcare facilities real estate investment trust, Healthcare Realty Trust Inc. Its trading ticker symbol is HR.

Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. It focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. It generates all of its revenue in the United States. 

From an initial portfolio of 21 healthcare facilities in 1993, Healthcare Realty now owns 201 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $5.0 billion. The Company provided leasing and property management services to 11.1 million square feet nationwide,  as of September 30, 2018.

The company is headquartered in Nashville, Tennessee.

I use three key data points to gauge the value of any dividend equity or fund like Healthcare Realty Trust Inc.: 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

HR Price

HR's price per share was $27.41 at Monday's market close. A year ago its price was $31.69 for a price drop of $4.28 per share for the year or a 13.5% annual tumble. 

HR's stock will trade in the range of $24 to $34 next year, HR's recent $27.41 price could recover by $0.59 and grow to $28.00 by late-December, 2019. 

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This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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