Physicians Realty Trust (NYSE:DOC) is set to issue its quarterly earnings data before the market opens on Friday, November 3rd. Analysts expect the company to announce earnings of $0.07 per share for the quarter.
Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The company had revenue of $76.60 million for the quarter, compared to analyst estimates of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. The company’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 earnings per share. On average, analysts expect Physicians Realty Trust to post $0.26 EPS for the current fiscal year and $0.34 EPS for the next fiscal year.
Shares of Physicians Realty Trust (DOC) opened at 17.38 on Wednesday. The stock has a 50 day moving average price of $17.90 and a 200-day moving average price of $19.08. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 74.27 and a beta of 0.53. Physicians Realty Trust has a one year low of $17.12 and a one year high of $21.85.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Tuesday, October 3rd were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, October 2nd. This represents a $0.92 annualized dividend and a dividend yield of 5.29%. Physicians Realty Trust’s dividend payout ratio is presently 400.02%.
Several analysts have recently commented on the company. Stifel Nicolaus reduced their target price on Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating for the company in a research note on Wednesday, July 12th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. Morgan Stanley raised shares of Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target on the stock in a research report on Monday, July 24th. Jefferies Group LLC cut shares of Physicians Realty Trust from a “hold” rating to an “underperform” rating and dropped their price target for the company from $21.00 to $17.00 in a research report on Friday, July 7th. Finally, Capital One Financial Corporation started coverage on shares of Physicians Realty Trust in a research report on Monday, September 25th. They issued an “equal weight” rating and a $19.50 price target on the stock. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $20.54.
Physicians Realty Trust Company Profile
Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.
What are top analysts saying about Physicians Realty Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Physicians Realty Trust and related companies.