Wall Street analysts expect that Physicians Realty Trust (NYSE:DOC) will announce earnings per share (EPS) of $0.27 for the current quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Physicians Realty Trust’s earnings, with the highest EPS estimate coming in at $0.28 and the lowest estimate coming in at $0.26. Physicians Realty Trust posted earnings per share of $0.26 during the same quarter last year, which indicates a positive year-over-year growth rate of 3.8%. The company is scheduled to report its next quarterly earnings results before the market opens on Friday, November 2nd.
On average, analysts expect that Physicians Realty Trust will report full-year earnings of $1.09 per share for the current fiscal year, with EPS estimates ranging from $1.06 to $1.12. For the next financial year, analysts anticipate that the business will report earnings of $1.12 per share, with EPS estimates ranging from $1.08 to $1.15. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Physicians Realty Trust.
Physicians Realty Trust (NYSE:DOC) last posted its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.22). Physicians Realty Trust had a return on equity of 1.76% and a net margin of 11.02%. The firm had revenue of $106.99 million during the quarter, compared to the consensus estimate of $104.60 million. During the same period in the previous year, the company posted $0.24 EPS. The firm’s revenue for the quarter was up 39.7% compared to the same quarter last year.
A number of equities research analysts have commented on the stock. ValuEngine raised shares of Physicians Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 13th. Morgan Stanley increased their price objective on shares of Physicians Realty Trust from $15.00 to $16.00 and gave the stock an “equal weight” rating in a report on Thursday, August 16th. TheStreet raised shares of Physicians Realty Trust from a “c+” rating to a “b” rating in a report on Friday, August 3rd. Zacks Investment Research raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a report on Monday, August 6th. Finally, KeyCorp increased their price objective on shares of Physicians Realty Trust from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, September 10th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $17.77.
NYSE:DOC traded down $0.03 during mid-day trading on Friday, reaching $16.65. 727,000 shares of the company were exchanged, compared to its average volume of 1,576,471. Physicians Realty Trust has a 12 month low of $14.13 and a 12 month high of $19.03. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.63. The firm has a market cap of $3.02 billion, a P/E ratio of 16.01, a P/E/G ratio of 3.91 and a beta of 0.46.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 18th. Shareholders of record on Wednesday, October 3rd were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend was Tuesday, October 2nd. Physicians Realty Trust’s dividend payout ratio is currently 88.46%.
Hedge funds and other institutional investors have recently modified their holdings of the company. Qube Research & Technologies Ltd bought a new position in shares of Physicians Realty Trust in the 2nd quarter valued at about $116,000. Virtu Financial LLC bought a new position in shares of Physicians Realty Trust in the 2nd quarter valued at about $169,000. Chicago Capital LLC bought a new position in shares of Physicians Realty Trust in the 2nd quarter valued at about $171,000. Paloma Partners Management Co bought a new position in shares of Physicians Realty Trust in the 2nd quarter valued at about $188,000. Finally, Point72 Hong Kong Ltd bought a new position in shares of Physicians Realty Trust in the 2nd quarter valued at about $198,000. 92.17% of the stock is currently owned by institutional investors.
Physicians Realty Trust Company Profile
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.
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