Physicians Realty Trust (DOC) Expected to Announce Earnings of $0.26 Per Share

Analysts expect that Physicians Realty Trust (NYSE:DOC) will announce earnings of $0.26 per share for the current quarter, according to Zacks. 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 posted earnings per share of $0.28 during the same quarter last year, which would indicate a negative year over year growth rate of 7.1%. The firm is scheduled to report its next earnings results on Thursday, August 1st.

According to Zacks, analysts expect that Physicians Realty Trust will report full-year earnings of $1.06 per share for the current financial year, with EPS estimates ranging from $1.05 to $1.08. For the next fiscal year, analysts expect that the business will post earnings of $1.10 per share, with EPS estimates ranging from $1.08 to $1.11. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The business had revenue of $105.40 million for the quarter, compared to the consensus estimate of $104.27 million. Physicians Realty Trust had a net margin of 13.34% and a return on equity of 2.28%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.26 EPS.

DOC has been the topic of a number of recent research reports. ValuEngine upgraded shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Capital One Financial cut shares of Physicians Realty Trust from an “overweight” rating to an “equal weight” rating and set a $18.75 price target for the company. in a report on Thursday, May 2nd. Morgan Stanley set a $19.00 price target on shares of Physicians Realty Trust and gave the company a “hold” rating in a report on Thursday, March 28th. Zacks Investment Research upgraded shares of Physicians Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, April 22nd. Finally, BMO Capital Markets cut shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 price target for the company. in a report on Tuesday, May 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Physicians Realty Trust currently has an average rating of “Hold” and a consensus target price of $18.12.

Shares of Physicians Realty Trust stock traded up $0.15 during midday trading on Thursday, reaching $18.51. 17,508 shares of the company’s stock traded hands, compared to its average volume of 1,272,760. The company has a market capitalization of $3.40 billion, a P/E ratio of 17.13 and a beta of 0.59. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.66. Physicians Realty Trust has a 52 week low of $14.41 and a 52 week high of $19.16.

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Wednesday, April 3rd were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 4.97%. The ex-dividend date was Tuesday, April 2nd. Physicians Realty Trust’s payout ratio is 85.19%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SEI Investments Co acquired a new stake in Physicians Realty Trust during the first quarter worth about $26,000. Macroview Investment Management LLC acquired a new stake in Physicians Realty Trust during the fourth quarter worth about $32,000. We Are One Seven LLC acquired a new stake in Physicians Realty Trust during the fourth quarter worth about $38,000. Lindbrook Capital LLC acquired a new stake in Physicians Realty Trust during the fourth quarter worth about $42,000. Finally, USA Financial Portformulas Corp acquired a new stake in Physicians Realty Trust during the first quarter worth about $50,000. Institutional investors and hedge funds own 92.31% of the company’s stock.

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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