HR Stock Summary and Trading Ideas (Healthcare Realty Trust | NYSE:HR)

Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.

Healthcare Realty Trust trades on the NYSE stock market under the symbol HR.

As of April 19, 2024, HR stock price climbed to $13.96 with 2,070,013 million shares trading.

HR has a beta of 1.17, meaning it tends to be more sensitive to market movements. HR has a correlation of 0.22 to the broad based SPY ETF.

HR has a market cap of $5.32 billion. This is considered a Mid Cap stock.

In the last 3 years, HR stock traded as high as $33.77 and as low as $12.77.

The top ETF exchange traded funds that HR belongs to (by Net Assets): VNQ, VTI, IJH, VB, VXF.

HR has underperformed the market in the last year with a return of -22.4%, while the SPY ETF gained +21.2%. In the last 3 month period, HR fell short of the market, returning -14.2%, while SPY returned +4.3%. However, in the most recent 2 weeks HR has outperformed the stock market by returning +0.3%, while SPY returned -3.5%.

HR support price is $13.53 and resistance is $14.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HR stock will trade within this expected range on the day.