H&R Real Estate Investment Trust (FRA:HR3A) Shares Outstanding (EOP): 264.6 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:HR3A H&R Real Estate Investment Trust FRA:HR3A
64 GF Score
Price €6.52
GF Value €5.52
! 8 Warning Signs
View Full Analysis

What is H&R Real Estate Investment Trust Shares Outstanding (EOP)?

H&R Real Estate Investment Trust FRA:HR3A +0.31% 64 Shares Outstanding (EOP) is 264.6 Mil as of Mar. 2026. GuruFocus rates FRA:HR3A with a GF Score™ of 64/100 and a GF Value™ of €5.52. The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. H&R Real Estate Investment Trust's shares outstanding for the quarter that ended in Mar. 2026 was 264.6 Mil.

H&R Real Estate Investment Trust's quarterly shares outstanding increased from Dec. 2025 (264.6 Mil) to Mar. 2026 (264.6 Mil). It means H&R Real Estate Investment Trust issued new shares from Dec. 2025 to Mar. 2026 .

H&R Real Estate Investment Trust's annual shares outstanding increased from Dec. 2024 (262.0 Mil) to Dec. 2025 (264.6 Mil). It means H&R Real Estate Investment Trust issued new shares from Dec. 2024 to Dec. 2025 .


H&R Real Estate Investment Trust  (FRA:HR3A) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


H&R Real Estate Investment Trust Shares Outstanding (EOP) Related Terms


H&R Real Estate Investment Trust Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for H&R Real Estate Investment Trust's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

H&R Real Estate Investment Trust Shares Outstanding (EOP) Chart

H&R Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 288.44 265.89 261.87 262.02 264.56

H&R Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 262.57 262.57 262.57 264.56 264.57

FRA:HR3A vs VICI, WPC, BNL: Shares Outstanding (EOP) Comparison

For the REIT - Diversified subindustry, H&R Real Estate Investment Trust's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H&R Real Estate Investment Trust Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, H&R Real Estate Investment Trust's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where H&R Real Estate Investment Trust's Shares Outstanding (EOP) falls into.


FRA:HR3A
64GF Score
H&R Real Estate Investment Trust FRA:HR3A
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H&R Real Estate Investment Trust Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 264.6 Mil mean?
H&R Real Estate Investment Trust (FRA:HR3A) has a Shares Outstanding (EOP) of 264.6 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on H&R Real Estate Investment Trust and its competitors.
Is H&R Real Estate Investment Trust's Shares Outstanding (EOP) too high?
H&R Real Estate Investment Trust's current Shares Outstanding (EOP) is 264.6 Mil. Overall, H&R Real Estate Investment Trust has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does H&R Real Estate Investment Trust's Shares Outstanding (EOP) compare to VICI and WPC?
H&R Real Estate Investment Trust's Shares Outstanding (EOP) of 264.6 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on H&R Real Estate Investment Trust and its competitors. H&R Real Estate Investment Trust's current Shares Outstanding (EOP) is 264.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&R Real Estate Investment Trust stock overvalued right now?
H&R Real Estate Investment Trust (FRA:HR3A) has a current Shares Outstanding (EOP) of 264.6 Mil. The stock's GF Value™ is €5.52, compared to a current price of €6.52 — trading 18.2% above its estimated fair value. The current Shares Outstanding (EOP) is 264.6 Mil. H&R Real Estate Investment Trust's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For H&R Real Estate Investment Trust (FRA:HR3A), the current Shares Outstanding (EOP) is 264.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is H&R Real Estate Investment Trust (FRA:HR3A) Overvalued in 2026?

Based on GuruFocus' analysis, H&R Real Estate Investment Trust stock appears to be overvalued. The current stock price of €6.52 is trading 18.2% above its estimated GF Value™ of €5.52.

Key valuation signals for FRA:HR3A:

  • Shares Outstanding (EOP): 264.6 Mil
  • GF Value™: €5.52 vs. price of €6.52 (18.2% above fair value)
  • GF Score™: 64/100 with 8 warning signs

No single metric tells the full story. See the FRA:HR3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H&R Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges HRUFF:USAHR.UN:Canada
Address 3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4
H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its United States properties.
64GF Score

Get the complete analysis for FRA:HR3A

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.52
Price
€5.52
GF Value