Healthcare Trust Of America (HTA) Posts Quarterly Earnings, Hits Estimates
Healthcare Trust Of America (NYSE:HTA) released its earnings data on Tuesday. The company reported $0.18 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.18, Stock Ratings News reports. The company had revenue of $86.67 million for the quarter, compared to the consensus estimate of $91.75 million.
Healthcare Trust Of America (NYSE:HTA) traded down 0.90% during mid-day trading on Tuesday, hitting $12.12. 801,375 shares of the company’s stock traded hands. Healthcare Trust Of America has a 52 week low of $9.71 and a 52 week high of $12.66. The stock’s 50-day moving average is $12.1 and its 200-day moving average is $11.57. The company has a market cap of $2.876 billion and a price-to-earnings ratio of 107.28.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 3rd. Shareholders of record on Friday, September 26th will be given a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a yield of 4.79%.
On a related note, analysts at Wunderlich reiterated a “buy” rating on shares of Healthcare Trust Of America in a research note on Thursday, May 1st. They now have a $13.00 price target on the stock.
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