Physicians Realty Trust’s (DOC) Buy Rating Reaffirmed at B. Riley

B. Riley reiterated their buy rating on shares of Physicians Realty Trust (NYSE:DOC) in a report published on Monday. B. Riley also issued estimates for Physicians Realty Trust’s Q4 2018 earnings at $0.27 EPS, FY2018 earnings at $1.08 EPS, Q1 2019 earnings at $0.27 EPS, Q3 2019 earnings at $0.28 EPS, Q4 2019 earnings at $0.28 EPS and FY2019 earnings at $1.11 EPS.

Other research analysts also recently issued research reports about the company. KeyCorp increased their price target on Physicians Realty Trust from $17.00 to $18.00 and gave the company a buy rating in a research note on Monday, September 10th. ValuEngine raised Physicians Realty Trust from a strong sell rating to a sell rating in a research note on Wednesday, July 11th. Zacks Investment Research raised Physicians Realty Trust from a hold rating to a buy rating and set a $19.00 price target on the stock in a research note on Monday, August 6th. Robert W. Baird increased their price target on Physicians Realty Trust from $17.00 to $18.00 and gave the company an outperform rating in a research note on Tuesday, August 7th. Finally, Cantor Fitzgerald reissued a buy rating and issued a $18.00 price target on shares of Physicians Realty Trust in a research note on Thursday, August 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. Physicians Realty Trust presently has an average rating of Buy and an average target price of $17.77.

DOC stock opened at $16.83 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.16 and a current ratio of 0.89. The firm has a market capitalization of $3.04 billion, a PE ratio of 16.18, a P/E/G ratio of 3.93 and a beta of 0.40. Physicians Realty Trust has a twelve month low of $14.13 and a twelve month high of $19.03.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings results on Friday, November 2nd. The real estate investment trust reported $0.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.01. The company had revenue of $105.03 million for the quarter, compared to the consensus estimate of $103.70 million. Physicians Realty Trust had a return on equity of 2.20% and a net margin of 13.33%. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 EPS. On average, analysts expect that Physicians Realty Trust will post 1.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 18th. Investors of record on Wednesday, October 3rd were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend was Tuesday, October 2nd. Physicians Realty Trust’s dividend payout ratio is currently 88.46%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in DOC. Principal Financial Group Inc. increased its position in shares of Physicians Realty Trust by 3.8% in the 1st quarter. Principal Financial Group Inc. now owns 9,378,395 shares of the real estate investment trust’s stock valued at $146,022,000 after buying an additional 347,580 shares in the last quarter. Manning & Napier Group LLC increased its position in shares of Physicians Realty Trust by 15.9% in the 2nd quarter. Manning & Napier Group LLC now owns 486,380 shares of the real estate investment trust’s stock valued at $7,752,000 after buying an additional 66,545 shares in the last quarter. Sippican Capital Advisors bought a new stake in shares of Physicians Realty Trust in the 2nd quarter valued at $239,000. AMG National Trust Bank increased its position in shares of Physicians Realty Trust by 252.8% in the 2nd quarter. AMG National Trust Bank now owns 72,843 shares of the real estate investment trust’s stock valued at $1,161,000 after buying an additional 52,195 shares in the last quarter. Finally, Chicago Capital LLC bought a new stake in shares of Physicians Realty Trust in the 2nd quarter valued at $171,000. Institutional investors and hedge funds own 92.38% of the company’s stock.

Physicians Realty Trust Company Profile

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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Analyst Recommendations for Physicians Realty Trust (NYSE:DOC)

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