Physicians Realty Trust Reaches New 12-Month High at $13.18 (DOC)
Physicians Realty Trust (NYSE:DOC)’s share price reached a new 52-week high during trading hours on Monday, American Banking & Market News reports. The company traded as high as $13.18 and last traded at $12.80, with a volume of 120,480 shares traded. The stock had previously closed at $12.84.
Several analysts have recently commented on the stock. Analysts at Oppenheimer initiated coverage on shares of Physicians Realty Trust in a research note to investors on Monday. They set an “outperform” rating on the stock. Separately, analysts at JMP Securities initiated coverage on shares of Physicians Realty Trust in a research note to investors on Monday. They set an “outperform” rating and a $15.00 price target on the stock. Finally, analysts at Compass Point raised their price target on shares of Physicians Realty Trust from $13.00 to $15.00 in a research note to investors on Monday, October 21st. They now have a “buy” rating on the stock. Six analysts have rated the stock with a buy rating, Physicians Realty Trust presently has an average rating of “Buy” and an average target price of $14.67.
Physicians Realty Trust has a 52-week low of $11.00 and a 52-week high of $13.00. The stock’s 50-day moving average is $12.09 and its 200-day moving average is $12.06. The company’s market cap is $259.5 million.
Physicians Realty Trust (NYSE:DOC) last announced its earnings results on Wednesday, November 6th. The company reported $0.03 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.03. Analysts expect that Physicians Realty Trust will post $0.27 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 7th. Shareholders of record on Friday, January 24th will be paid a dividend of 0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 7.04%. The ex-dividend date is Wednesday, January 22nd. This is a positive change from Physicians Realty Trust’s previous quarterly dividend of $0.18.
Physicians Realty Trust is a real estate investment trust (NYSE:DOC).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.