Streetbeat News

UHT

Universal Health Realty Income Trust

https://www.uhrit.com

Industry

REIT - Healthcare Facilities

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in seventy-one properties located in twenty states, including two that are currently under construction.

Open

40.58

Mkt cap

555M

Volume

111K

High

40.58

P/E Ratio

30.60

52-wk high

47.30

Low

39.63

Div yield

0.07

52-wk low

32.27

Universal Health Realty (NYSE:UHT) reported a 3.57% increase in Q3 earnings per share, rising from $0.28 to $0.29 compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:33 pm

Mortgage rates have hit a 15-month low, but mortgage applications have decreased. The real estate sector, tracked by the XLRE ETF, saw gains, with CBRE and Crown Castle among top performers. Mortgage-sensitive stocks like Redfin and Zillow also saw slight increases.

Portfolio Pulse from Piero Cingari

August 21, 2024 | 1:28 pm

Universal Health Realty (NYSE:UHT) reported a significant increase in its Q2 earnings per share, rising 52% year-over-year to $0.38. Sales also saw a modest increase of 3.90% to $24.73 million.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:48 pm

Universal Healthy Realty Income Trust (UHT) has announced an increase in its quarterly dividend from $0.725 to $0.73.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:27 pm

Universal Health Realty Income Trust has filed with the SEC for a mixed shelf offering, allowing it to issue various securities up to a total of $100 million. This move could provide the company with flexible financing options for future growth, acquisitions, or debt management.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:19 pm

Universal Health Realty (NYSE:UHT) announced a quarterly dividend of 72.5 cents per share, with the ex-dividend date set for Friday. Shareholders owning UHT stock by the end of Thursday are eligible for the dividend, payable on March 29, 2024. The stock is expected to open 72.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm

Universal Health Realty (UHT) reported a decrease in Q4 adjusted earnings per share to $0.28, down from $0.41 YoY, while sales slightly increased to $24.32M from $24.13M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:57 pm

Universal Health Realty (NYSE:UHT) will go ex-dividend on Monday, with the stock expected to open 72.5 cents lower to reflect the quarterly dividend payout of 72.5 cents per share. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 29, 2023.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:45 pm

Three REITs, CubeSmart (CUBE), Universal Health Realty Income Trust (UHT), and Essential Properties Realty Trust Inc. (EPRT), have announced increases in their quarterly dividends. CubeSmart raised its dividend by 4.1%, Universal Health Realty by a small increment, and Essential Properties Realty Trust by 1.8%. These increases reflect the companies' confidence in maintaining or growing earnings and revenue. However, CubeSmart was downgraded by Bank of America Securities in October due to weakening demand for self-storage facilities, despite beating FFO and revenue estimates in Q3. Universal Health Realty's high payout ratio may limit future dividend growth, while Essential Properties Realty Trust has a well-covered payout ratio and received recent Buy ratings from B.Riley Securities, Stifel, and Truist Securities.

Portfolio Pulse from Ethan Roberts

December 08, 2023 | 4:36 pm

Universal Health Realty Income Trust has announced an increase in its quarterly dividend from $0.72 to $0.725 per share, marking a $0.005 increase.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:44 pm

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