Equities Analysts Issue Forecasts for Physicians Realty Trust’s Q1 2019 Earnings (DOC)

Physicians Realty Trust (NYSE:DOC) – Jefferies Financial Group reduced their Q1 2019 earnings per share estimates for Physicians Realty Trust in a note issued to investors on Wednesday, March 6th. Jefferies Financial Group analyst O. Okusanya now anticipates that the real estate investment trust will post earnings per share of $0.27 for the quarter, down from their prior estimate of $0.28. Jefferies Financial Group also issued estimates for Physicians Realty Trust’s Q2 2019 earnings at $0.27 EPS, Q3 2019 earnings at $0.27 EPS, Q4 2019 earnings at $0.27 EPS, FY2019 earnings at $1.08 EPS, FY2020 earnings at $1.10 EPS and FY2021 earnings at $1.10 EPS.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings data on Wednesday, February 27th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The firm had revenue of $105.31 million for the quarter, compared to the consensus estimate of $104.75 million. Physicians Realty Trust had a return on equity of 2.20% and a net margin of 13.33%. The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS.

DOC has been the topic of several other reports. ValuEngine raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, December 1st. Zacks Investment Research downgraded Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Physicians Realty Trust currently has a consensus rating of “Buy” and a consensus price target of $17.73.

Shares of DOC opened at $17.93 on Friday. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 17.18 and a beta of 0.65. Physicians Realty Trust has a 12 month low of $14.34 and a 12 month high of $18.84. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.89 and a current ratio of 0.89.

Several large investors have recently made changes to their positions in DOC. Macroview Investment Management LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at about $32,000. We Are One Seven LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at about $38,000. Lindbrook Capital LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at about $42,000. Quantamental Technologies LLC acquired a new position in shares of Physicians Realty Trust in the 4th quarter valued at about $75,000. Finally, Belpointe Asset Management LLC acquired a new position in shares of Physicians Realty Trust in the 3rd quarter valued at about $109,000. 92.14% 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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Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

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