Overview
US healthcare REIT's Q1 net income rose slightly yr/yr on lower interest expense
Q1 funds from operations increased marginally from prior year
Company raised credit facility to $475 mln from $425 mln in April 2026
Outlook
Company expects Miller Medical Plaza construction to complete in Q4 2026
Result Drivers
LOWER INTEREST EXPENSE - Co said net income rose mainly due to a decrease in average effective borrowing rate, reducing interest expense
PROPERTY INCOME - Small net increase in income from various properties contributed to higher net income
Company press release: ID:nPn9w0170a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.36
Q1 Net Income
$5.02 mln
Q1 FFO
Beat
$12.27 mln
$0.86 (1 Analyst)
Q1 Basic EPS
$0.36
Q1 Dividend
$0.75
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for Universal Health Realty Income Trust is $43.00, about 5.5% above its April 24 closing price of $40.77
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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