Physicians Realty Trust (DOC) Announces Quarterly Earnings, Misses Expectations By $0.06 EPS
Physicians Realty Trust (NYSE:DOC) issued its quarterly earnings data on Wednesday. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.06, StockRatingsNetwork reports. The company had revenue of $11.40 million for the quarter, compared to the consensus estimate of $10.40 million.
DOC has been the subject of a number of recent research reports. Analysts at Oppenheimer raised their price target on shares of Physicians Realty Trust from $14.00 to $15.50 in a research note on Monday. They now have an “outperform” rating on the stock. On a related note, analysts at MLV & Co
initiated coverage on shares of Physicians Realty Trust in a research note on Friday, June 27th. They set a “buy” rating and a $16.00 price target on the stock. Finally, analysts at Bank of America initiated coverage on shares of Physicians Realty Trust in a research note on Monday, June 2nd. They set a “buy” rating and a $14.25 price target on the stock. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $15.21.
Shares of Physicians Realty Trust (NYSE:DOC) opened at 14.34 on Wednesday. Physicians Realty Trust has a 52 week low of $11.00 and a 52 week high of $14.77. The stock’s 50-day moving average is $14.33 and its 200-day moving average is $13.60. The company’s market cap is $305.4 million.
Physicians Realty Trust is a real estate investment trust (NYSE:DOC).
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