Healthcare Realty Trust Reports Strong Q3 2026 Results and Raises Full-Year Guidance
Healthcare Realty Trust (HR) reported robust third-quarter 2026 financial results, characterized by a normalized FFO of $0.42 per share and a 5.1% growth in same-store cash NOI. Driven by high occupancy levels and strong pricing power, the company achieved its highest cash leasing spreads in nearly a decade at 8.6%. These fundamentals led management to raise its full-year 2026 FFO guidance to a range of $1.65 to $1.67 per share. The company is aggressively managing its capital through significant share repurchases, totaling $250 million year-to-date, and strategic joint venture acquisitions. While management noted potential slowing in transaction volumes due to interest rate instability, the portfolio benefits from a long-term shift toward outpatient healthcare settings. With $1.6 billion in liquidity and a stable net debt to adjusted EBITDA of 5.5x, the company remains positioned for steady growth.
Tickers: $HR
Topics: FFO Guidance Leasing Activity Real Estate Same-Store Cash NOI Share Repurchases