Physicians Realty Trust (NYSE:DOC) to Post Q1 2021 Earnings of $0.27 Per Share, Capital One Financial Forecasts

Physicians Realty Trust (NYSE:DOC) – Capital One Financial issued their Q1 2021 earnings per share (EPS) estimates for Physicians Realty Trust in a research report issued on Sunday, November 10th. Capital One Financial analyst D. Bernstein expects that the real estate investment trust will post earnings per share of $0.27 for the quarter. Capital One Financial also issued estimates for Physicians Realty Trust’s Q2 2021 earnings at $0.27 EPS, Q3 2021 earnings at $0.28 EPS and FY2021 earnings at $1.10 EPS.

Several other equities research analysts have also issued reports on the company. Bank of America assumed coverage on Physicians Realty Trust in a report on Monday, October 14th. They set a “neutral” rating for the company. TheStreet upgraded Physicians Realty Trust from a “c+” rating to a “b-” rating in a report on Friday, November 8th. Morgan Stanley reduced their price target on Physicians Realty Trust from $19.00 to $17.50 and set an “equal weight” rating for the company in a report on Tuesday, September 17th. Berenberg Bank assumed coverage on Physicians Realty Trust in a report on Thursday, September 12th. They set a “hold” rating and a $18.00 price target for the company. Finally, Zacks Investment Research upgraded Physicians Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $18.20.

Shares of Physicians Realty Trust stock opened at $18.33 on Tuesday. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 14.46 and a beta of 0.40. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.45 and a quick ratio of 1.45. Physicians Realty Trust has a 52-week low of $15.18 and a 52-week high of $19.16. The stock has a 50-day simple moving average of $17.92 and a 200-day simple moving average of $17.77.

Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.18). The firm had revenue of $107.59 million for the quarter, compared to analyst estimates of $105.01 million. Physicians Realty Trust had a net margin of 10.61% and a return on equity of 1.79%. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.28 earnings per share.

Institutional investors and hedge funds have recently bought and sold shares of the stock. James Investment Research Inc. bought a new position in Physicians Realty Trust in the 2nd quarter worth approximately $26,000. Tower Research Capital LLC TRC increased its position in Physicians Realty Trust by 529.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,888 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 1,588 shares during the period. Point72 Asset Management L.P. bought a new position in Physicians Realty Trust in the 2nd quarter worth approximately $44,000. C M Bidwell & Associates Ltd. bought a new position in Physicians Realty Trust in the 2nd quarter worth approximately $55,000. Finally, Optimum Investment Advisors increased its position in Physicians Realty Trust by 280.0% in the 2nd quarter. Optimum Investment Advisors now owns 3,800 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 2,800 shares during the period. Hedge funds and other institutional investors own 93.56% of the company’s stock.

In related news, CEO John T. Thomas sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $17.50, for a total value of $87,500.00. Following the completion of the sale, the chief executive officer now directly owns 305,259 shares in the company, valued at approximately $5,342,032.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Jeffrey Theiler bought 4,150 shares of Physicians Realty Trust stock in a transaction that occurred on Monday, November 11th. The stock was bought at an average price of $18.19 per share, with a total value of $75,488.50. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 11,933 shares of company stock valued at $212,355 and sold 15,000 shares valued at $268,250. 0.62% of the stock is currently owned by insiders.

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Thursday, October 3rd were issued a $0.23 dividend. The ex-dividend date of this dividend was Wednesday, October 2nd. This represents a $0.92 annualized dividend and a yield of 5.02%. Physicians Realty Trust’s dividend payout ratio (DPR) is currently 85.19%.

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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