$95.11 Million in Sales Expected for Physicians Realty Trust (DOC) This Quarter

Analysts expect that Physicians Realty Trust (NYSE:DOC) will report $95.11 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Physicians Realty Trust’s earnings. The lowest sales estimate is $90.63 million and the highest is $98.20 million. Physicians Realty Trust reported sales of $73.67 million in the same quarter last year, which indicates a positive year over year growth rate of 29.1%. The business is scheduled to announce its next earnings results on Friday, February 23rd.

According to Zacks, analysts expect that Physicians Realty Trust will report full-year sales of $95.11 million for the current fiscal year, with estimates ranging from $330.70 million to $344.47 million. For the next financial year, analysts forecast that the firm will post sales of $414.11 million per share, with estimates ranging from $363.62 million to $445.15 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last released its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. The business had revenue of $93.00 million for the quarter, compared to the consensus estimate of $90.21 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. The firm’s revenue for the quarter was up 32.8% on a year-over-year basis.

Several equities research analysts have weighed in on DOC shares. Jefferies Group restated a “hold” rating and set a $19.00 target price (up from $18.00) on shares of Physicians Realty Trust in a research note on Friday, September 22nd. Capital One Financial assumed coverage on Physicians Realty Trust in a research note on Monday, September 25th. They set an “equal weight” rating and a $19.50 target price for the company. Cantor Fitzgerald reiterated a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research note on Tuesday, September 26th. Stifel Nicolaus reiterated a “buy” rating and issued a $22.00 price target on shares of Physicians Realty Trust in a research note on Wednesday, October 4th. Finally, KeyCorp upgraded Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research note on Thursday, October 12th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $20.25.

Shares of Physicians Realty Trust (NYSE DOC) opened at $16.36 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.59 and a current ratio of 1.59. Physicians Realty Trust has a 12 month low of $16.21 and a 12 month high of $21.85. The firm has a market capitalization of $2,930.00, a price-to-earnings ratio of 71.13, a price-to-earnings-growth ratio of 2.50 and a beta of 0.54.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 18th. Stockholders of record on Wednesday, January 3rd were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend was Tuesday, January 2nd. Physicians Realty Trust’s payout ratio is 400.00%.

In related news, Director Tommy G. Thompson bought 2,705 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average cost of $18.46 per share, with a total value of $49,934.30. Following the transaction, the director now directly owns 49,339 shares in the company, valued at $910,797.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey Theiler bought 5,634 shares of the stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average cost of $17.76 per share, with a total value of $100,059.84. The disclosure for this purchase can be found here. 0.51% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC raised its position in Physicians Realty Trust by 355.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,280 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 4,900 shares during the last quarter. Profund Advisors LLC raised its position in Physicians Realty Trust by 6.8% during the 2nd quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 733 shares during the last quarter. Veritable L.P. bought a new position in Physicians Realty Trust during the 2nd quarter worth $266,000. Ameritas Investment Partners Inc. raised its position in Physicians Realty Trust by 4.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,543 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 554 shares during the last quarter. Finally, Hunter Associates Investment Management LLC raised its position in Physicians Realty Trust by 7.1% during the 2nd quarter. Hunter Associates Investment Management LLC now owns 15,000 shares of the real estate investment trust’s stock worth $302,000 after purchasing an additional 1,000 shares during the last quarter. 93.63% of the stock is owned by institutional investors and hedge funds.

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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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