Equities research analysts forecast that Physicians Realty Trust (NYSE:DOC) will announce earnings of $0.27 per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Physicians Realty Trust’s earnings. The highest EPS estimate is $0.28 and the lowest is $0.26. Physicians Realty Trust reported earnings of $0.26 per share during the same quarter last year, which suggests a positive year over year growth rate of 3.8%. The business is scheduled to announce its next quarterly earnings report 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 firm will report earnings of $1.12 per share, with EPS estimates ranging from $1.08 to $1.15. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Physicians Realty Trust.
Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings results on Thursday, August 2nd. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.22). The company had revenue of $106.99 million during the quarter, compared to analysts’ expectations of $104.60 million. Physicians Realty Trust had a net margin of 11.02% and a return on equity of 1.76%. The business’s revenue for the quarter was up 39.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS.
A number of equities analysts have recently issued reports on DOC shares. KeyCorp increased their price target on shares of Physicians Realty Trust from $17.00 to $18.00 and gave the company a “buy” rating in a report on Monday, September 10th. Zacks Investment Research upgraded shares of Physicians Realty Trust from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Monday, August 6th. ValuEngine upgraded shares of Physicians Realty Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 11th. TheStreet upgraded shares of Physicians Realty Trust from a “c+” rating to a “b” rating in a report on Friday, August 3rd. Finally, Robert W. Baird increased their price target on shares of Physicians Realty Trust from $17.00 to $18.00 and gave the company an “outperform” rating in a report on Tuesday, August 7th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $17.77.
Large investors have recently bought and sold shares of the business. Qube Research & Technologies Ltd purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $116,000. Virtu Financial LLC purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $169,000. Chicago Capital LLC purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $171,000. Paloma Partners Management Co purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $188,000. Finally, Point72 Hong Kong Ltd purchased a new position in Physicians Realty Trust during the 2nd quarter valued at about $198,000. Hedge funds and other institutional investors own 92.17% of the company’s stock.
Shares of DOC opened at $16.65 on Friday. 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 stock has a market capitalization of $3.03 billion, a PE ratio of 15.56, a P/E/G ratio of 3.92 and a beta of 0.46. Physicians Realty Trust has a 52-week low of $14.13 and a 52-week high of $19.03.
The firm also recently announced 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. The ex-dividend date of this dividend was Tuesday, October 2nd. This represents a $0.92 annualized dividend and a yield of 5.53%. Physicians Realty Trust’s dividend payout ratio (DPR) is currently 88.46%.
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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