Healthcare Realty Narrows Loss, Raises FFO Guidance, and Signs $120M Nashville LOI
HR sits 39% above its 52-week low of $15.285.
Summary
Healthcare Realty Trust posted a narrower Q2 adjusted loss of $0.13 per share versus $0.45 a year ago, while revenue slipped 5.3% to $281.85 million. Normalized FFO held at $0.41 per share, and management raised full-year 2026 FFO guidance to $1.62–$1.66, citing stronger NOI growth. The company also disclosed $25 million in redevelopment spending and a signed letter of intent for a $120 million Nashville campus upgrade, where it expects to invest about $35 million and add over 200,000 square feet of leases. This follows last night's initial Q2 FFO release and the 8-K detailing the guidance raise and $200 million in JV acquisitions. The new details on loss narrowing, revenue, and the Nashville project add color to an already positive quarter.
At the time of this announcement, HR was trading at $21.18 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $7.5B. The 52-week trading range was $15.29 to $22.04. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.