Healthcare Realty Trust Incorporated (HR)
Healthcare Realty Trust Incorporated (HR) is a leading real estate investment trust (REIT) focused on the ownership, management, financing, and development of income-generating properties strategically located in proximity to outpatient healthcare services across the United States. With a diversified portfolio that includes medical office buildings and outpatient facilities, the company plays a crucial role in supporting the healthcare infrastructure. HR is committed to enhancing the patient experience and fostering the growth of its tenants through high-quality real estate solutions, thereby positioning itself as a key player in the burgeoning healthcare real estate sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 13.89% per annum.
- HR price at the close of March 18, 2026 was $17.93 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 30.40% per annum.
- HR price at the close of March 18, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 7, 2023
End date: March 18, 2026
a = 2.2278
b = 0.0004
s = 0.0754
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 13.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0754) – 1
= 35.20%
September 7, 2023 calculations
Top border of price channel:
Exp(Y621)
= Exp(a + b × X621 + 2 × s)
= Exp(a + b × 902 + 2 × s)
= Exp(2.2278 + 0.0004 × 902 + 2 × 0.0754)
= Exp(2.7002)
= $14.88
Bottom border of price channel:
Exp(Y621)
= Exp(a + b × X621 – 2 × s)
= Exp(a + b × 902 – 2 × s)
= Exp(2.2278 + 0.0004 × 902 – 2 × 0.0754)
= Exp(2.3986)
= $11.01
March 18, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.2278 + 0.0004 × 1,825 + 2 × 0.0754)
= Exp(3.0292)
= $20.68
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.2278 + 0.0004 × 1,825 – 2 × 0.0754)
= Exp(2.7276)
= $15.30
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 13.89% per annum.
- HR price at the close of March 18, 2026 was $17.93 and was inside the primary price channel.
Secondary Trend
Start date: April 7, 2025
End date: March 18, 2026
a = 1.5926
b = 0.0007
s = 0.0500
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 30.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0500) – 1
= 22.13%
April 7, 2025 calculations
Top border of price channel:
Exp(Y1,017)
= Exp(a + b × X1,017 + 2 × s)
= Exp(a + b × 1,480 + 2 × s)
= Exp(1.5926 + 0.0007 × 1,480 + 2 × 0.0500)
= Exp(2.7689)
= $15.94
Bottom border of price channel:
Exp(Y1,017)
= Exp(a + b × X1,017 – 2 × s)
= Exp(a + b × 1,480 – 2 × s)
= Exp(1.5926 + 0.0007 × 1,480 – 2 × 0.0500)
= Exp(2.5690)
= $13.05
March 18, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(1.5926 + 0.0007 × 1,825 + 2 × 0.0500)
= Exp(3.0198)
= $20.49
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(1.5926 + 0.0007 × 1,825 – 2 × 0.0500)
= Exp(2.8199)
= $16.78
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 30.40% per annum.
- HR price at the close of March 18, 2026 was inside the secondary price channel.