Equities analysts expect Healthcare Trust Of America Inc (NYSE:HTA) to post $173.30 million in sales for the current quarter, according to Zacks. Seven analysts have provided estimates for Healthcare Trust Of America’s earnings, with the lowest sales estimate coming in at $171.49 million and the highest estimate coming in at $175.40 million. Healthcare Trust Of America posted sales of $175.14 million in the same quarter last year, which suggests a negative year over year growth rate of 1.1%. The company is scheduled to report its next quarterly earnings report on Thursday, October 24th.
On average, analysts expect that Healthcare Trust Of America will report full year sales of $690.31 million for the current financial year, with estimates ranging from $683.40 million to $701.00 million. For the next fiscal year, analysts expect that the firm will report sales of $714.80 million, with estimates ranging from $699.41 million to $739.81 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Healthcare Trust Of America.
Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.33). The firm had revenue of $171.80 million during the quarter, compared to the consensus estimate of $171.38 million. Healthcare Trust Of America had a net margin of 31.68% and a return on equity of 6.73%. Healthcare Trust Of America’s revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.41 EPS.
Several equities analysts recently issued reports on the company. Zacks Investment Research cut Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Citigroup assumed coverage on Healthcare Trust Of America in a report on Thursday, June 20th. They issued a “neutral” rating and a $29.00 price target on the stock. Finally, Raymond James upgraded Healthcare Trust Of America from a “market perform” rating to an “outperform” rating in a report on Monday, May 13th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Healthcare Trust Of America presently has an average rating of “Hold” and a consensus price target of $30.25.
A number of institutional investors and hedge funds have recently modified their holdings of HTA. Gradient Investments LLC boosted its holdings in Healthcare Trust Of America by 60.6% during the second quarter. Gradient Investments LLC now owns 978 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 369 shares during the last quarter. Weaver Consulting Group bought a new position in Healthcare Trust Of America during the second quarter worth about $46,000. Next Capital Management LLC bought a new position in Healthcare Trust Of America during the first quarter worth about $50,000. Capital Investment Advisory Services LLC boosted its holdings in Healthcare Trust Of America by 32.3% during the second quarter. Capital Investment Advisory Services LLC now owns 3,013 shares of the real estate investment trust’s stock worth $82,000 after buying an additional 735 shares during the last quarter. Finally, Quantamental Technologies LLC bought a new position in Healthcare Trust Of America during the second quarter worth about $98,000. Hedge funds and other institutional investors own 90.65% of the company’s stock.
Healthcare Trust Of America stock opened at $27.70 on Wednesday. The firm has a 50-day moving average price of $27.41. The company has a market capitalization of $5.66 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 5.10 and a beta of 0.33. Healthcare Trust Of America has a 12-month low of $24.21 and a 12-month high of $29.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.41 and a current ratio of 1.41.
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 3rd will be issued a dividend of $0.315 per share. The ex-dividend date of this dividend is Wednesday, October 2nd. This represents a $1.26 dividend on an annualized basis and a yield of 4.55%. This is a boost from Healthcare Trust Of America’s previous quarterly dividend of $0.31. Healthcare Trust Of America’s dividend payout ratio (DPR) is 76.54%.
Healthcare Trust Of America Company Profile
Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.
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