Zacks: Brokerages Anticipate Healthcare Trust Of America Inc (HTA) to Post $0.41 Earnings Per Share

Analysts expect Healthcare Trust Of America Inc (NYSE:HTA) to report earnings of $0.41 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for Healthcare Trust Of America’s earnings. The highest EPS estimate is $0.42 and the lowest is $0.39. Healthcare Trust Of America posted earnings per share of $0.42 in the same quarter last year, which indicates a negative year-over-year growth rate of 2.4%. The firm is scheduled to report its next earnings results on Thursday, February 21st.

According to Zacks, analysts expect that Healthcare Trust Of America will report full-year earnings of $1.63 per share for the current fiscal year, with EPS estimates ranging from $1.61 to $1.65. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.68 per share, with EPS estimates ranging from $1.61 to $1.72. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that cover Healthcare Trust Of America.

Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the consensus estimate of $0.41. The company had revenue of $175.14 million for the quarter, compared to the consensus estimate of $174.85 million. Healthcare Trust Of America had a return on equity of 7.31% and a net margin of 34.48%.

Several equities research analysts have weighed in on the company. Morgan Stanley downgraded Healthcare Trust Of America from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $27.00 to $26.00 in a research report on Thursday, August 16th. ValuEngine raised Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. Zacks Investment Research raised Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Tuesday, August 21st. JPMorgan Chase & Co. increased their price target on Healthcare Trust Of America from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $34.00 price target on shares of Healthcare Trust Of America in a research report on Monday, August 13th. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $30.40.

Several large investors have recently bought and sold shares of the company. Macquarie Group Ltd. grew its position in shares of Healthcare Trust Of America by 2.8% during the 2nd quarter. Macquarie Group Ltd. now owns 67,048 shares of the real estate investment trust’s stock valued at $1,808,000 after acquiring an additional 1,850 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Healthcare Trust Of America by 2.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 91,843 shares of the real estate investment trust’s stock valued at $2,476,000 after acquiring an additional 1,971 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of Healthcare Trust Of America by 5.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 37,824 shares of the real estate investment trust’s stock valued at $1,009,000 after acquiring an additional 2,122 shares during the period. Park Avenue Securities LLC grew its position in shares of Healthcare Trust Of America by 15.9% during the 3rd quarter. Park Avenue Securities LLC now owns 17,107 shares of the real estate investment trust’s stock valued at $445,000 after acquiring an additional 2,352 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in shares of Healthcare Trust Of America by 14.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 19,600 shares of the real estate investment trust’s stock valued at $523,000 after acquiring an additional 2,400 shares during the period.

HTA traded up $0.08 during midday trading on Friday, hitting $26.33. 1,380,963 shares of the company were exchanged, compared to its average volume of 1,784,640. The company has a market capitalization of $5.41 billion, a P/E ratio of 16.15, a P/E/G ratio of 4.00 and a beta of 0.15. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.33 and a current ratio of 1.33. Healthcare Trust Of America has a 1-year low of $24.06 and a 1-year high of $31.69.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 9th. Stockholders of record on Wednesday, January 2nd will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Monday, December 31st. Healthcare Trust Of America’s dividend payout ratio (DPR) is presently 76.07%.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.2 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

Featured Article: Tariff

Get a free copy of the Zacks research report on Healthcare Trust Of America (HTA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Healthcare Trust Of America (NYSE:HTA)

Receive News & Ratings for Healthcare Trust Of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust Of America and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply