Equities research analysts forecast that Physicians Realty Trust (NYSE:DOC) will report sales of $99.34 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Physicians Realty Trust’s earnings, with estimates ranging from $95.75 million to $102.30 million. Physicians Realty Trust posted sales of $76.67 million during the same quarter last year, which suggests a positive year over year growth rate of 29.6%. The company is scheduled to report its next quarterly earnings report before the market opens on Friday, May 4th.
On average, analysts expect that Physicians Realty Trust will report full-year sales of $99.34 million for the current year, with estimates ranging from $387.32 million to $432.06 million. For the next fiscal year, analysts anticipate that the company will post sales of $435.77 million per share, with estimates ranging from $393.06 million to $500.02 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Physicians Realty Trust.
Physicians Realty Trust (NYSE:DOC) last issued its earnings results on Wednesday, February 28th. The real estate investment trust reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $97.30 million during the quarter, compared to analysts’ expectations of $98.56 million. Physicians Realty Trust had a return on equity of 1.63% and a net margin of 11.04%. Physicians Realty Trust’s quarterly revenue was up 32.0% compared to the same quarter last year. During the same period last year, the business earned $0.27 earnings per share.
In related news, Director Tommy G. Thompson acquired 13,650 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was bought at an average cost of $14.71 per share, with a total value of $200,791.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.51% of the stock is currently owned by company insiders.
Large investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its stake in shares of Physicians Realty Trust by 355.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,280 shares of the real estate investment trust’s stock valued at $113,000 after buying an additional 4,900 shares in the last quarter. Cypress Wealth Services LLC acquired a new stake in shares of Physicians Realty Trust in the fourth quarter valued at $180,000. Greenwood Capital Associates LLC acquired a new stake in shares of Physicians Realty Trust in the fourth quarter valued at $194,000. Zeke Capital Advisors LLC acquired a new stake in shares of Physicians Realty Trust in the fourth quarter valued at $209,000. Finally, Xact Kapitalforvaltning AB acquired a new stake in shares of Physicians Realty Trust in the fourth quarter valued at $262,000. Institutional investors own 94.05% of the company’s stock.
DOC stock traded up $0.15 during midday trading on Thursday, hitting $15.57. The stock had a trading volume of 1,994,558 shares, compared to its average volume of 1,365,220. The stock has a market cap of $2,829.97, a P/E ratio of 14.97, a price-to-earnings-growth ratio of 3.05 and a beta of 0.53. Physicians Realty Trust has a 52 week low of $14.13 and a 52 week high of $21.85. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.32 and a quick ratio of 1.32.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Tuesday, April 3rd will be issued a dividend of $0.23 per share. The ex-dividend date is Monday, April 2nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.91%. Physicians Realty Trust’s payout ratio is presently 88.46%.
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About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.
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