Brokerages Expect Physicians Realty Trust (DOC) to Announce $0.26 Earnings Per Share

Brokerages forecast that Physicians Realty Trust (NYSE:DOC) will post earnings per share (EPS) of $0.26 for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Physicians Realty Trust’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.27. Physicians Realty Trust also posted earnings of $0.26 per share in the same quarter last year. The firm is expected to report its next earnings results on Friday, May 3rd.

On average, analysts expect that Physicians Realty Trust will report full year earnings of $1.08 per share for the current fiscal year, with EPS estimates ranging from $1.05 to $1.11. For the next fiscal year, analysts anticipate that the business will report earnings of $1.12 per share, with EPS estimates ranging from $1.10 to $1.14. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Wednesday, February 27th. The real estate investment trust reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). Physicians Realty Trust had a net margin of 13.31% and a return on equity of 2.26%. The firm had revenue of $105.31 million during the quarter, compared to analyst estimates of $104.75 million. During the same period in the prior year, the company posted $0.27 earnings per share. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year.



Several analysts have issued reports on the company. Zacks Investment Research cut Physicians Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, March 4th. ValuEngine upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, February 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. Physicians Realty Trust presently has an average rating of “Buy” and an average price target of $17.70.

NYSE:DOC traded down $0.25 during trading hours on Friday, hitting $18.28. The company had a trading volume of 1,126,857 shares, compared to its average volume of 1,310,942. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.63. The stock has a market cap of $3.38 billion, a P/E ratio of 16.56 and a beta of 0.62. Physicians Realty Trust has a 1 year low of $14.34 and a 1 year high of $18.84.

Hedge funds and other institutional investors have recently modified their holdings of the company. Macroview Investment Management LLC acquired a new stake in shares of Physicians Realty Trust during the 4th quarter worth about $32,000. We Are One Seven LLC acquired a new position in Physicians Realty Trust during the fourth quarter worth approximately $38,000. Lindbrook Capital LLC acquired a new position in Physicians Realty Trust during the fourth quarter worth approximately $42,000. Quantamental Technologies LLC acquired a new position in Physicians Realty Trust during the fourth quarter worth approximately $75,000. Finally, Belpointe Asset Management LLC acquired a new position in Physicians Realty Trust during the third quarter worth approximately $109,000. 92.60% of the stock is currently owned by institutional investors and hedge funds.

About Physicians Realty Trust

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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