Physicians Realty Trust (NYSE:DOC) is set to post its quarterly earnings results before the market opens on Friday, November 3rd. Analysts expect Physicians Realty Trust to post earnings of $0.07 per share for the quarter.
Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.01. The firm had revenue of $76.60 million for the quarter, compared to analysts’ expectations of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The firm’s revenue was up 43.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.22 EPS. 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 (NYSE:DOC) opened at 17.30 on Friday. Physicians Realty Trust has a 52 week low of $17.12 and a 52 week high of $21.85. The company has a 50-day moving average of $18.06 and a 200-day moving average of $19.16. The firm has a market capitalization of $2.72 billion, a PE ratio of 73.93 and a beta of 0.53.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 18th. Investors of record on Tuesday, October 3rd were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date was Monday, October 2nd. Physicians Realty Trust’s payout ratio is currently 400.02%.
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DOC has been the topic of a number of analyst reports. Cantor Fitzgerald reissued a “buy” rating and issued a $23.00 price target on shares of Physicians Realty Trust in a research note on Friday, June 30th. Stifel Nicolaus dropped their price target on Physicians Realty Trust from $23.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, July 12th. Royal Bank Of Canada reissued a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research note on Wednesday, September 13th. Morgan Stanley raised 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 note on Monday, July 24th. Finally, Capital One Financial Corporation initiated coverage on Physicians Realty Trust in a research note on Monday, September 25th. They issued an “equal weight” rating and a $19.50 price target on the stock. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target 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.
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