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

Wall Street brokerages expect that Healthcare Trust Of America Inc (NYSE:HTA) will report earnings per share (EPS) of $0.41 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Healthcare Trust Of America’s earnings, with the lowest EPS estimate coming in at $0.39 and the highest estimate coming in at $0.42. Healthcare Trust Of America posted earnings per share of $0.42 during the same quarter last year, which would indicate a negative year-over-year growth rate of 2.4%. The business is expected to announce its next earnings report 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 year, analysts forecast that the firm will report earnings of $1.68 per share, with EPS estimates ranging from $1.61 to $1.72. Zacks’ earnings per share calculations 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 earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. Healthcare Trust Of America had a net margin of 34.48% and a return on equity of 7.31%. The business had revenue of $175.14 million for the quarter, compared to analyst estimates of $174.85 million.

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

Large investors have recently modified their holdings of the business. Centaurus Financial Inc. bought a new stake in Healthcare Trust Of America during the 2nd quarter worth about $279,000. Dimensional Fund Advisors LP lifted its position in Healthcare Trust Of America by 3.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,033,330 shares of the real estate investment trust’s stock valued at $81,778,000 after purchasing an additional 87,117 shares during the period. Ausdal Financial Partners Inc. lifted its position in Healthcare Trust Of America by 17.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 34,972 shares of the real estate investment trust’s stock valued at $943,000 after purchasing an additional 5,154 shares during the period. Segall Bryant & Hamill LLC lifted its position in Healthcare Trust Of America by 66.8% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 251,813 shares of the real estate investment trust’s stock valued at $6,789,000 after purchasing an additional 100,859 shares during the period. Finally, Long Pond Capital LP acquired a new position in Healthcare Trust Of America during the 2nd quarter valued at about $51,274,000.

Shares of HTA traded up $0.08 during trading hours on Friday, hitting $26.33. The stock had a trading volume of 1,380,963 shares, compared to its average volume of 1,784,640. 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 52 week low of $24.06 and a 52 week high of $31.69. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 4.00 and a beta of 0.15.

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

About Healthcare Trust Of America

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.

Read More: Retained Earnings

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