UHT

Shares of Universal Health Realty Income Trust UHT have edged lower since the release of its first-quarter 2026 results, slipping 0.34% compared with a 0.30% decline in the S&P 500 over the same period. Over the past month, the stock has modestly gained 0.4%, but significantly underperformed the broader market, which advanced 9.9%. For the quarter ended March 31, 2026, the healthcare-focused real estate investment trust (REIT) reported net income of $5 million, or $0.36 per diluted share, up 5.1% from $4.8 million, or $0.34 per share, in the year-ago period. Funds from operations (FFO), a key metric for REITs, rose 2.8% to $12.3 million, or $0.88 per diluted share, from $11.9 million, or $0.86 per share, in the prior-year quarter. Total revenues remained essentially flat at $24.53 million compared with $24.55 million a year earlier, with minor shifts across components. Lease revenue from Universal Health Services (UHS)-related facilities increased 0.7% to $8.4 million from $8.3 million (aided in part by higher bonus rental income from McAllen Medical Center), while lease revenue from non-related parties declined 0.9% to $14.2 million from $14.3 million. Other revenue streams and interest income on financing leases showed minimal changes year over year. Expense trends were relatively stable, with total operating expenses increasing 0.4% to $15.6 million from $15.5 million in the prior-year period. Depreciation and amortization expenses rose 1.6%, while advisory fees paid to UHS also ticked 2.9% higher. However, other operating expenses declined 1.2%. Notably, equity income from unconsolidated limited liability companies increased 24.8% to $514,000 from $412,000, contributing positively to overall results. Meanwhile, net interest expense declined 4.6% to $4.5 million from $4.7 million, reflecting a lower average effective borrowing rate, which provided a meaningful tailwind to profitability. Universal Health Realty Income Trust price-consensus-eps-surprise-chart | Universal Health Realty Income Trust Quote The primary driver of earnings growth in the quarter was reduced interest expense, which contributed approximately $217,000 of the $242,000 increase in net income. This improvement was largely attributable to a lower effective borrowing rate, aided by interest rate swap agreements. Additionally, incremental income from certain properties provided a smaller b...

Consolidated Results of Operations - Three-Month Periods Ended March 31, 2026 and 2025: KING OF PRUSSIA, Pa., April 27, 2026 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2026, net income was $5.0 million, or $.36 per diluted share, as compared to $4.8 million, or $.34 per diluted share, during the first quarter of 2025. The increase in our net income of $242,000, or $.02 per diluted share, during the three-month period ended March 31, 2026, as compared to the first quarter of 2025, consisted of the following: (i) an increase of $217,000, or $.02 per diluted share, resulting from a decrease in interest expense due primarily to a decrease in our average effective borrowing rate (which gives effect to various interest rate swap agreements), and; (ii) a net aggregate increase of $25,000 resulting from increased income generated at various properties. As calculated on the attached Schedule of Non-GAAP Supplemental Information ("Supplemental Schedule"), our funds from operations ("FFO") were $12.3 million, or $.88 per diluted share, during the first quarter of 2026, as compared to $11.9 million, or $.86 per diluted share during the first quarter of 2025. The increase of $336,000, or $.02 per diluted share, was due primarily to the above-mentioned increase in our net income during the first quarter of 2026, as compared to the first quarter of 2025, as well as an increase in depreciation and amortization expense. Dividend Information: The first quarter dividend of $.745 per share, or $10.3 million in the aggregate, was declared on March 11, 2026 and paid on March 31, 2026. Credit Agreement Amendment and Capital Resources Information: In April, 2026, and as previously disclosed on Form 8-K as filed with the Securities and Exchange Commission on April 24, 2026, we entered into the first amendment to the second amended and restated credit agreement which increased the borrowing capacity to $475 million from $425 million previously. The maturity date, which was unchanged, is September 30, 2028, and we have the option to extend the maturity date for two additional six-month periods. As of March 31, 2026, we had $359.5 million of borrowings outstanding pursuant to the terms of our credit agreement. Miller Medical Plaza: In October 2025, we entered into a ground lease with a wholly-owned sub...

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Monday reported a key measure of profitability in its first quarter. The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $12.3 million, or 88 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $5 million, or 36 cents per share. The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.5 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHT at https://www.zacks.com/ap/UHT

Shares of Universal Health Realty Income Trust UHT have gained 0.1% since the company reported its earnings for the quarter ended Dec. 31, 2025, against the S&P 500 Index’s 0.1% decline over the same time frame. Over the past month, however, the stock has outperformed the broader market, rising 8.2% against the S&P 500’s 1.2% decline. For the fourth quarter of 2025 ended Dec. 31, 2025, net income declined 7.2% to $4.3 million, or $0.31 per diluted share, from $4.7 million, or $0.34 per diluted share, in the year-ago quarter. The decrease in quarterly net income reflected lower aggregate income at certain properties, partially offset by reduced interest expense due primarily to a lower average effective borrowing rate. Total revenues for the quarter edged down 0.7% to $24.5 million from $24.6 million a year earlier, driven by softer lease revenue from non-related parties and the impact of a vacated medical office building in Amarillo, TX. For the full year, net income fell 8.4% to $17.6 million, or $1.27 per diluted share, from $19.2 million, or $1.39 per diluted share, in 2024. The decline was attributed to lower property-level income, including approximately $900,000 of nonrecurring depreciation recorded in the third quarter of 2025, as well as the absence of a prior-year property tax reduction. Annual revenues increased 0.2% to $99.2 million from $99 million, supported by higher other revenue from non-related parties and steady lease income from Universal Health Services (“UHS”) facilities. Funds from operations (FFO), a key REIT metric, were essentially flat. Fourth-quarter 2025 FFO totaled $11.7 million, or $0.85 per diluted share, compared with $11.8 million, or $0.85 per share, in the prior-year period. For the year, FFO declined 0.4% to $47.7 million, or $3.44 per diluted share, from $47.9 million, or $3.46 per share. Depreciation and amortization expense rose in both the quarter and full year. Quarterly depreciation increased 4.7% year over year to $7.1 million from $6.8 million, while full-year depreciation climbed 5.2% to $28.9 million from $27.4 million. Advisory fees to UHS also rose 2.7% and 2.1%, respectively, in the quarter and full year. Interest expense declined 5.5% to $4.6 million in fourth-quarter 2025 from $4.9 million in the prior-year quarter, reflecting the benefit of interest rate swap agreements and a lower effective borrowing rate....

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Wednesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $11.7 million, or 85 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $4.3 million, or 31 cents per share. The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.5 million in the period. For the year, the company reported funds from operations of $47.7 million. Revenue was reported as $99.2 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHT at https://www.zacks.com/ap/UHT

Consolidated Results of Operations - Three-Month Periods Ended December 31, 2025 and 2024: KING OF PRUSSIA, Pa., Feb. 25, 2026 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended December 31, 2025, net income was $4.3 million, or $.31 per diluted share, as compared to $4.7 million, or $.34 per diluted share, during the fourth quarter of 2024. The decrease in our net income of $337,000, or $.03 per diluted share, during the three-month period ended December 31, 2025, as compared to the fourth quarter of 2024, included the following: (i) a decrease of $610,000, or $.04 per diluted share, resulting primarily from a decrease in the net aggregate income generated at various properties, partially offset by; (ii) an increase of $273,000, or $.02 per diluted share, resulting from a decrease in interest expense due primarily to decreases in our average effective borrowing rate (which gives effect to various interest rate swap agreements). The decrease in the net aggregate income during the fourth quarter of 2025, as compared to the comparable quarter of the prior year, was due primarily to decreased income generated at a medical office building ("MOB") located in Amarillo, Texas. The building was vacated during the fourth quarter of 2025 upon the lease expirations of the two former tenants. We are currently marketing the building to other potential tenants. As calculated on the attached Schedule of Non-GAAP Supplemental Information ("Supplemental Schedule"), our funds from operations ("FFO"), which excludes depreciation and amortization expense, decreased slightly to $11.74 million, or $.85 per diluted share, during the fourth quarter of 2025, as compared to $11.76 million, or $.85 per diluted share, during the fourth quarter of 2024. Consolidated Results of Operations - Twelve-Month Periods Ended December 31, 2025 and 2024: For the twelve-month period ended December 31, 2025, net income was $17.6 million, or $1.27 per diluted share, as compared to $19.2 million, or $1.39 per diluted share, during the full year of 2024. The decrease in our net income of $1.6 million, or $.12 per diluted share, during the year ended December 31, 2025, as compared to the full year of 2024, consisted of the following: (i) a decrease of $1.0 million, or $.08 per diluted share, resulting from an aggregate net decrease in th...

Shares of Universal Health Realty Income Trust UHT have gained 3.3% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares with the S&P 500 Index’s 0.7% rise during the same period. However, over the past month, the stock declined 3.6%, underperforming the S&P 500’s 2.1% growth. Universal Health Realty’s third-quarter 2025 results were largely stable compared with the year-ago quarter. Net income came in at $4 million (or $0.29 per diluted share) compared with $3.9 million (or $0.29 per diluted share), up 0.5% year over year. The quarter’s performance included a $275,000 gain (or $0.02 per share) from a one-time settlement related to one of its medical office buildings, which offset a $256,000 aggregate decline (or $0.02 per share) primarily from reduced property-level income and non-recurring depreciation charges of approximately $900,000. Funds from operations (FFO), a key performance metric for real estate investment trusts, rose 8% year over year to $12.2 million, or $0.88 per diluted share, compared with $11.3 million, or $0.82 per share, in the prior-year quarter. For the nine months ended Sept. 30, 2025, net income totaled $13.3 million, or $0.96 per diluted share, down 8.8% from $14.6 million, or $1.05 per diluted share, a year earlier. The year-to-date decline reflected lower property-level income, the absence of a property tax reduction recorded in 2024, and higher interest expense due to increased borrowings. FFO for the nine-month period decreased 0.5% to $35.9 million, or $2.59 per share, from $36.1 million, or $2.61 per share, last year. Total revenues for the third quarter reached $25.3 million, up 3.3% from $24.5 million in the prior year. Growth was mainly driven by higher lease revenues from non-related parties, which rose 3% to $14.8 million from $14.3 million. Lease revenues from facilities leased to Universal Health Services (UHS), UHT’s largest tenant, increased 1.4% to $8.4 million from $8.2 million. Bonus rental income from the McAllen Medical Center facility rose 16.9% to $895,000 from $765,000 a year ago. Other revenues, including those from both UHS and non-UHS sources, totaled $810,000, up 48.1% from $547,000 in the same quarter last year. Interest income from UHS-related financing leases decreased 0.7% year over year to $1.3 million from $1.4 million. However, total expenses also increased 5.6...

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Monday reported a key measure of profitability in its third quarter. The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $12.2 million, or 88 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $4 million, or 29 cents per share. The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $25.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHT at https://www.zacks.com/ap/UHT

Consolidated Results of Operations - Three-Month Periods Ended September 30, 2025 and 2024: KING OF PRUSSIA, Pa., Oct. 27, 2025 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended September 30, 2025, net income was $4.0 million, or $.29 per diluted share, as compared to $4.0 million, or $.29 per diluted share, during the third quarter of 2024. Our net income during the third quarter of 2025, as compared to third quarter of 2024, included the following: (i) an increase of $275,000, or $.02 per diluted share, resulting from a one-time settlement and release agreement executed during the third quarter of 2025 in connection with one of our medical office buildings, and; (ii) an other combined net decrease of $256,000, or $.02 per diluted share, resulting primarily from a decrease in the net aggregate income generated at various properties, including approximately $900,000 of nonrecurring depreciation expense recorded during the third quarter of 2025. As calculated on the attached Schedule of Non-GAAP Supplemental Information ("Supplemental Schedule"), our funds from operations ("FFO"), which excludes depreciation and amortization expense, increased by $908,000, or $.06 per diluted, share to $12.2 million, or $.88 per diluted share, during the third quarter of 2025, as compared to $11.3 million, or $.82 per diluted share, during the third quarter of 2024. Consolidated Results of Operations - Nine-Month Periods Ended September 30, 2025 and 2024: For the nine-month period ended September 30, 2025, net income was $13.3 million, or $.96 per diluted share, as compared to $14.6 million, or $1.05 per diluted share, during the comparable period of 2024. The decrease in our net income of $1.3 million, or $.09 per diluted share, during the first nine months of 2025, as compared to the comparable period of 2024, consisted of the following: (i) a decrease of $730,000, or $.05 per diluted share, resulting from an aggregate net decrease in the income generated at various properties, including the above-mentioned nonrecurring depreciation expense of approximately $900,000 recorded during the third quarter of 2025; (ii) a decrease of $563,000, or $.04 per diluted share, related to a property tax reduction recorded during the first nine months of 2024 at our property located in Chicago, Illinois, (iii) an increase...

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. 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. 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, compa...

Consolidated Results of Operations - Three-Month Periods Ended June 30, 2025 and 2024: KING OF PRUSSIA, Pa., July 28, 2025 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended June 30, 2025, net income was $4.5 million, or $.32 per diluted share, as compared to $5.3 million, or $.38 per diluted share, during the second quarter of 2024. The decrease in our net income of $784,000, or $.06 per diluted share, during the second quarter of 2025, as compared to the second quarter of 2024, consisted of the following: (i) a decrease of $563,000, or $.04 per diluted share, related to a property tax reduction recorded during the second quarter of 2024 at our property located in Chicago, Illinois; (ii) a decrease of $137,000, or $.01 per diluted share, resulting from an increase in interest expense due primarily to an increase in our average borrowings outstanding pursuant to our credit agreement, and; (iii) a decrease of $84,000, or $.01 per diluted share, resulting from an aggregate net decrease in the income generated at various properties. As calculated on the attached Schedule of Non-GAAP Supplemental Information ("Supplemental Schedule"), our funds from operations ("FFO") were $11.8 million, or $.85 per diluted share, during the second quarter of 2025, as compared to $12.4 million, or $.90 per diluted share, during the second quarter of 2024. The decrease of $591,000, or $.05 per diluted share, was due primarily to the above-mentioned decrease in our net income during the second quarter of 2025, as compared to the second quarter of 2024, partially offset by a $193,000 increase in depreciation and amortization expense. Consolidated Results of Operations - Six-Month Periods Ended June 30, 2025 and 2024: For the six-month period ended June 30, 2025, net income was $9.3 million, or $.67 per diluted share, as compared to $10.6 million, or $.76 per diluted share, during the comparable period of 2024. The decrease in our net income of $1.3 million, or $.09 per diluted share, during the first six months of 2025, as compared to the comparable period of 2024, consisted of the following: (i) a decrease of $563,000, or $.04 per diluted share, related to a property tax reduction recorded during the second quarter of 2024 at our property located in Chicago, Illinois; (ii) a decrease of $486,000, or $.04 per dilute...

KING OF PRUSSIA, Pa. (AP) — KING OF PRUSSIA, Pa. (AP) — Universal Health Realty Income Trust (UHT) on Monday reported a key measure of profitability in its second quarter. The real estate investment trust, based in King Of Prussia, Pennsylvania, said it had funds from operations of $11.8 million, or 85 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $4.5 million, or 32 cents per share. The real estate investment trust, based in King Of Prussia, Pennsylvania, posted revenue of $24.9 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UHT at https://www.zacks.com/ap/UHT