Latest news with #UHT
Yahoo
01-08-2025
- Business
- Yahoo
Universal Health Realty Stock Declines Following Mixed Q2 Earnings
Shares of Universal Health Realty Income Trust UHT have lost 5.9% since the company reported its earnings for the quarter ended June 30, 2025. This compares to the S&P 500 Index's 0.8% decline over the same time frame. Over the past month, the stock lost 5.9% against the S&P 500's 2.1% growth. UHT's Earnings Snapshot Universal Health Realty reported a net income of $4.5 million, or $0.32 per diluted share, for the second quarter of 2025, marking a decline of 14.9% from $5.3 million, or $0.38 per diluted share, in the same period last year — a 15.8% year-over-year drop in earnings per share (EPS). The primary contributors to the decline in EPS were the absence of a $563,000 property tax reduction benefit recorded last year, higher interest expenses due to increased borrowings and weaker property-level income. Funds from operations (FFO), a key metric for real estate investment trusts (REITs), declined 4.8% to $11.8 million ($0.85 per diluted share) from $12.4 million ($0.90 per diluted share) year over year. Revenue remained relatively flat, rising marginally to $24.9 million from $24.7 million a year earlier. Segmentally, lease revenue from Universal Health Services (UHS) facilities declined 0.9% to $8.4 million from $8.5 million, while lease revenue from non-related parties rose 1.5% to $14.6 million from $14.4 million. Universal Health Realty's Other Key Business Metrics For the six-month period ended June 30, 2025, UHT's net income declined 12.4% to $9.3 million ($0.67 per diluted share) from $10.6 million ($0.76 per diluted share). FFO decreased 4.3% to $23.7 million ($1.71 per diluted share) from $24.8 million ($1.79 per diluted share) in the prior-year period. This decline in FFO was largely attributable to the same factors influencing quarterly results — reduced property-level income, higher interest expenses, and the absence of one-time tax reductions. Total expenses for the second quarter of 2025 increased 5.8% to $16 million from $15.2 million, driven primarily by higher depreciation and other operating costs. Advisory fees paid to UHS rose 1.6% to $1.39 million from $1.37 million. Interest expense also grew 2.9% to $4.7 million from $4.6 million due to elevated borrowings. Notably, the company reported bonus rental income from McAllen Medical Center of $862,000 in the quarter, up from $758,000 a year ago. On the balance sheet, Universal Health Realty held $6.6 million in cash and cash equivalents as of June 30, 2025, compared with $7.1 million as of Dec. 31, 2024. Universal Health Realty Income Trust Price, Consensus and EPS Surprise Universal Health Realty Income Trust price-consensus-eps-surprise-chart | Universal Health Realty Income Trust Quote UHT's Management Commentary and Risks While management did not offer detailed commentary, they highlighted ongoing headwinds affecting operational performance. These include staffing shortages and wage pressures at tenant facilities, regulatory uncertainties, macroeconomic headwinds reducing patient volumes and altering payer mixes and the persistent impact of elevated interest rates on borrowing costs. Management emphasized that these dynamics, many of which are beyond their control, could materially affect tenant performance and, by extension, the REIT's results. Management reiterated the risks tied to potential cuts in Medicaid funding, reduced staffing availability across the healthcare sector and trade-related cost pressures affecting building materials. Of particular concern was the possibility of further interest rate hikes, which could significantly impact both the cost of debt and access to capital markets. Universal Health Realty's Capital and Dividend Updates As of June 30, 2025, Universal Health Realty reported available borrowing capacity of $70.2 million under its $425 million credit facility, net of $354.8 million in outstanding borrowings. This facility remains in place through Sept. 30, 2028, with two optional six-month extension periods. UHT declared a second-quarter dividend of $0.74 per share, up from $0.73 a year earlier. The dividend, totaling $10.3 million in aggregate, was paid on June 30, 2025, and underscores the company's continued commitment to shareholder returns despite tighter earnings. UHT's Other Developments During the quarter, Universal Health Realty's investment in limited liability companies increased significantly to $20.9 million from $13.9 million at the end of 2024. However, the company did not detail any new acquisitions, divestitures or business restructurings for the reporting period. The balance sheet also showed a modest decline in total assets to $573 million from $580.9 million at year-end 2024, while total equity fell to $165.2 million from $179.5 million, reflecting the net impact of dividend payments and earnings changes. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Universal Health Realty Income Trust (UHT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-06-2025
- Business
- Yahoo
Here's What You Should Know about UHT's Dividend
Universal Health Realty Income Trust (NYSE:UHT) is one of the Best REIT Dividend Stocks to Buy in 2025. Aerial view of a healthcare facility, depicting the scale of the company's operations. The company remains relatively under the radar. While there isn't widespread analysis of its dividend reliability, the company's strong cash flow plays a key role in supporting its payouts. Over the past twelve months, UHT generated $46.8 million in operating cash flow and $40.04 million in free cash flow. In the first quarter of 2025 alone, it distributed about $10.2 million in dividends to shareholders. On June 11, Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend of $0.74 per share, consistent with its previous payment. The trust has increased its dividend for 41 straight years. Although the five-year dividend growth rate is modest at 1.4%, the focus remains on its ability to sustain these payments. As of June 23, the stock offered a dividend yield of 7.22%. Universal Health Realty Income Trust (NYSE:UHT) operates as a healthcare-focused REIT, owning properties such as acute care and rehabilitation hospitals, medical office buildings, behavioral health centers, sub-acute care facilities, and childcare centers. While we acknowledge the potential of UHT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Business Insider
12-06-2025
- Business
- Business Insider
Universal Health Realty increases dividend by 0.5c to 74c per share
Universal Health Realty (UHT) voted to increase the quarterly dividend by 0.5c and pay a dividend of 74c per share on June 30 to shareholders of record as of June 23. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
The Star
29-05-2025
- Business
- The Star
Expansion plans to drive sustainable growth for Farm Fresh
Farm Fresh Bhd group managing director and CEO Loi Tuan Ee KUALA LUMPUR: Armed with a stronger set of earnings and expansion plans, Farm Fresh Bhd group managing director and CEO Loi Tuan Ee expects the group to sustain its growth trajectory in the year ahead. 'We are pleased by what we have been able to achieve as a team in financial year 2025. "The hard work of each and every one has not gone unnoticed as we continued to push the boundaries of possibilities, demonstrating a sustainable upward growth trajectory in our earnings and profitability while ensuring that we continue our category and regional expansion, laying the foundation for sustainable growth as we progress into the year 2026," he said in a statement announcing the dairy firm's results for the recently concluded financial year 2025. In the fourth quarter ended March 31, 2025 (4QFY25), Farm Fresh posted a net profit of RM28.35mil, up from RM23.93mil in the year-ago quarter, translating to an earnings per share of 1.51 sen against 1.28 sen previously. The group reported revenue of RM243.73mil, compared to RM215.03mil in 4QFY24. Over the full financial year, Farm Fresh registered a net profit of RM106.4mil, a leap ahead of RM63.53mil in FY24. Revenue was also improved to RM981.18mil from RM810.41mil in the previous year. According to the group, the improved revenue was underpinned by sales contribution from new product launches coupled with higher commercial sales from UHT and the school milk programme, as well as full year sales contribution from Inside Scoop and Sin Wah. Meanwhile, the higher profitability was also attributed to lower costs due to lower dairy input costs, which significantly improved margins.
BBC News
22-05-2025
- Health
- BBC News
Teesside hospital parking charges to increase
Some hospital parking charges will rise by as much as £3 from next Cook University Hospital in Middlesbrough, the University Hospital of North Tees in Stockton, the University Hospital of Hartlepool, the Peterlee Community Hospital and the Friarage in Northallerton will be will still be free for the first 20 minutes and for blue badge holders, frequent outpatient attendees and the parents of sick children admitted to hospital director of estates at University Hospitals Tees (UHT) Steve Taylor said "we understand this is not welcome news," but that the cost of maintaining the car parks could not be covered by its current operating budget. UHT is the partnership of the North Tees and Hartlepool and South Tees Hospitals NHS Foundation for up to four hours parking will rise by between 30p and 60p across the hospitals from 2 cost of seven-day permits at James Cook and North Tees will rise by £3, a 43% increase. 'Ensures swift turnover' Income from the car parks was used to maintain them, Mr Taylor said the increase had been kept "as low as possible".Mr Taylor said: "Charging for parking ensures only those who need to visit our hospitals use a parking space and ensures a swift turnover of spaces." Parking charges at Teesside hospitals have already attracted controversy this staff parking rates introduced in April for North Tees and Hartlepool and South Tees trust staff meant a 52% increase of almost £170 a year for some full-time James Cook staff, with consultants seeing a rise of £300 a year, a rise of more than 80%.These rises prompted anger from some NHS workers and the Unite union. The trusts said it was the first change in two years and said prices would reflect salary bandings, with some staff seeing reductions, including some South Tees staff working less than 10 hours a week having to pay £5.37 a month rather than £13.47. Follow BBC Tees on X, Facebook, Nextdoor and Instagram.
