Equities research analysts expect that Physicians Realty Trust (NYSE:DOC) will announce sales of $74.76 million for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Physicians Realty Trust’s earnings. The lowest sales estimate is $70.58 million and the highest is $80.30 million. Physicians Realty Trust posted sales of $53.22 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 40.5%. The company is scheduled to issue its next earnings report before the market opens on Thursday, August 3rd.

On average, analysts expect that Physicians Realty Trust will report full-year sales of $74.76 million for the current year, with estimates ranging from $295.12 million to $360.36 million. For the next financial year, analysts expect that the firm will report sales of $378.24 million per share, with estimates ranging from $304.89 million to $477.48 million. Zacks’ sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $0.28 EPS for the quarter, missing the consensus estimate of $0.30 by $0.02. Physicians Realty Trust had a return on equity of 1.68% and a net margin of 11.42%. The business had revenue of $76.70 million for the quarter, compared to the consensus estimate of $77.57 million. During the same period in the previous year, the firm earned $0.22 EPS. The company’s revenue was up 73.9% on a year-over-year basis.

DOC has been the subject of several research analyst reports. FBR & Co initiated coverage on shares of Physicians Realty Trust in a research report on Monday, April 3rd. They issued an “outperform” rating and a $23.00 price objective for the company. BTIG Research increased their price objective on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, April 11th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a research report on Wednesday, June 14th. BidaskClub raised shares of Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Physicians Realty Trust in a research report on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $21.21.

A number of institutional investors have recently bought and sold shares of DOC. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Physicians Realty Trust by 5.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,098 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 425 shares during the period. Quantbot Technologies LP raised its position in Physicians Realty Trust by 69.8% in the first quarter. Quantbot Technologies LP now owns 11,729 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 4,821 shares during the period. Teacher Retirement System of Texas raised its position in Physicians Realty Trust by 7.0% in the first quarter. Teacher Retirement System of Texas now owns 11,794 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 776 shares during the period. Ameritas Investment Partners Inc. raised its position in Physicians Realty Trust by 11.3% in the first quarter. Ameritas Investment Partners Inc. now owns 12,989 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 1,315 shares during the period. Finally, LaSalle Street Capital Management LLC raised its position in Physicians Realty Trust by 47.0% in the first quarter. LaSalle Street Capital Management LLC now owns 16,024 shares of the real estate investment trust’s stock valued at $318,000 after buying an additional 5,127 shares during the period. 79.96% of the stock is owned by institutional investors.

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Physicians Realty Trust (DOC) traded up 0.733% during midday trading on Wednesday, reaching $18.555. 152,019 shares of the company traded hands. Physicians Realty Trust has a one year low of $17.12 and a one year high of $22.03. The company has a 50 day moving average price of $20.33 and a 200-day moving average price of $19.64. The stock has a market capitalization of $2.84 billion, a P/E ratio of 83.959 and a beta of 0.58.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 18th. Shareholders of record on Monday, July 3rd were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, June 29th. This is a positive change from Physicians Realty Trust’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a yield of 4.99%. Physicians Realty Trust’s dividend payout ratio (DPR) is currently 418.20%.

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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Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

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