Brokerages Expect Physicians Realty Trust (NYSE:DOC) to Announce $0.27 Earnings Per Share

Analysts expect Physicians Realty Trust (NYSE:DOC) to report $0.27 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for Physicians Realty Trust’s earnings. The highest EPS estimate is $0.28 and the lowest is $0.27. Physicians Realty Trust also posted earnings per share of $0.27 during the same quarter last year. The firm is expected to announce its next quarterly earnings results on Wednesday, February 26th.

On average, analysts expect that Physicians Realty Trust will report full year earnings of $1.00 per share for the current financial year, with EPS estimates ranging from $0.99 to $1.01. For the next financial year, analysts expect that the business will post earnings of $1.09 per share, with EPS estimates ranging from $1.06 to $1.12. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that follow Physicians Realty Trust.

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

Several equities research analysts recently commented on the company. Stifel Nicolaus upgraded Physicians Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $19.00 to $21.00 in a research report on Tuesday, November 26th. Bank of America assumed coverage on Physicians Realty Trust in a research report on Monday, October 14th. They set a “neutral” rating on the stock. TheStreet upgraded Physicians Realty Trust from a “c+” rating to a “b-” rating in a research report on Friday, November 8th. Citigroup upgraded Physicians Realty Trust from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.50 to $21.00 in a report on Thursday. Finally, Morgan Stanley cut their price target on Physicians Realty Trust from $19.00 to $17.50 and set an “equal weight” rating on the stock in a report on Tuesday, September 17th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $19.24.

Shares of Physicians Realty Trust stock traded down $0.04 on Friday, hitting $18.27. 1,918,780 shares of the company’s stock traded hands, compared to its average volume of 1,572,810. Physicians Realty Trust has a one year low of $15.18 and a one year high of $19.34. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.45 and a quick ratio of 1.45. The company has a fifty day moving average of $18.58 and a two-hundred day moving average of $17.84. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 14.79 and a beta of 0.41.

In other Physicians Realty Trust news, CEO John T. Thomas sold 5,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $17.55, for a total value of $87,750.00. Following the transaction, the chief executive officer now owns 300,259 shares in the company, valued at $5,269,545.45. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider John W. Lucey purchased 2,900 shares of the business’s stock in a transaction on Friday, November 8th. The stock was purchased at an average price of $17.96 per share, for a total transaction of $52,084.00. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 10,253 shares of company stock worth $187,926 and sold 15,000 shares worth $275,850. 0.62% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in DOC. James Investment Research Inc. purchased a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $26,000. Public Employees Retirement System of Ohio raised its stake in shares of Physicians Realty Trust by 47.2% in the third quarter. Public Employees Retirement System of Ohio now owns 1,874 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 601 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Physicians Realty Trust by 529.3% in the third quarter. Tower Research Capital LLC TRC now owns 1,888 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 1,588 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $44,000. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of Physicians Realty Trust in the second quarter worth approximately $55,000. Institutional investors and hedge funds own 90.67% 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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