$0.27 Earnings Per Share Expected for Physicians Realty Trust (NYSE:DOC) This Quarter

Analysts expect Physicians Realty Trust (NYSE:DOC) to post earnings per share (EPS) of $0.27 for the current quarter, according to Zacks Investment Research. Eight analysts have provided estimates for Physicians Realty Trust’s earnings, with estimates ranging from $0.25 to $0.28. Physicians Realty Trust reported earnings per share of $0.28 during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.6%. The company is expected to issue its next quarterly earnings report on Friday, November 1st.

According to Zacks, analysts expect that Physicians Realty Trust will report full year earnings of $1.02 per share for the current financial year, with EPS estimates ranging from $0.97 to $1.08. For the next financial year, analysts expect that the business will post earnings of $1.08 per share, with EPS estimates ranging from $1.04 to $1.11. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.22). Physicians Realty Trust had a net margin of 12.61% and a return on equity of 2.11%. The business had revenue of $94.90 million during the quarter, compared to analyst estimates of $105.92 million. During the same quarter last year, the business earned $0.28 earnings per share. Physicians Realty Trust’s revenue for the quarter was down 11.3% on a year-over-year basis.

DOC has been the topic of a number of recent research reports. TheStreet downgraded shares of Physicians Realty Trust from a “b-” rating to a “c+” rating in a report on Friday, August 9th. ValuEngine downgraded shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, June 27th. Zacks Investment Research downgraded shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a report on Monday, August 12th. Citigroup initiated coverage on shares of Physicians Realty Trust in a report on Thursday, June 20th. They issued a “neutral” rating and a $18.50 price objective on the stock. Finally, BMO Capital Markets downgraded shares of Physicians Realty Trust from an “outperform” rating to a “market perform” rating and set a $17.45 price objective on the stock. in a report on Tuesday, May 7th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.45.

In related news, insider John T. Thomas sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $17.50, for a total transaction of $87,500.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 20,000 shares of company stock worth $353,800. 0.62% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. James Investment Research Inc. acquired a new position in shares of Physicians Realty Trust in the second quarter valued at $26,000. Point72 Asset Management L.P. acquired a new position in shares of Physicians Realty Trust in the second quarter valued at $44,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Physicians Realty Trust in the second quarter valued at $55,000. Advisory Services Network LLC increased its holdings in shares of Physicians Realty Trust by 23.9% in the first quarter. Advisory Services Network LLC now owns 3,124 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 602 shares during the last quarter. Finally, Optimum Investment Advisors increased its holdings in shares of Physicians Realty Trust by 280.0% in the second quarter. Optimum Investment Advisors now owns 3,800 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 2,800 shares during the last quarter. Institutional investors and hedge funds own 95.28% of the company’s stock.

Shares of NYSE DOC traded up $0.06 during midday trading on Thursday, reaching $17.82. The company’s stock had a trading volume of 13,738 shares, compared to its average volume of 1,220,286. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.66. Physicians Realty Trust has a fifty-two week low of $15.18 and a fifty-two week high of $19.16. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 16.48 and a beta of 0.46. The stock has a 50 day simple moving average of $17.30 and a 200-day simple moving average of $18.04.

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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