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.
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.
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