Healthcare Trust Of America Inc (HTA) Expected to Post Quarterly Sales of $176.07 Million

Analysts forecast that Healthcare Trust Of America Inc (NYSE:HTA) will report $176.07 million in sales for the current quarter, according to Zacks. Five analysts have made estimates for Healthcare Trust Of America’s earnings. The highest sales estimate is $178.54 million and the lowest is $170.19 million. Healthcare Trust Of America reported sales of $122.04 million during the same quarter last year, which indicates a positive year over year growth rate of 44.3%. The business is scheduled to issue its next quarterly earnings results on Wednesday, February 21st.

On average, analysts expect that Healthcare Trust Of America will report full year sales of $176.07 million for the current year, with estimates ranging from $573.00 million to $618.95 million. For the next year, analysts expect that the business will post sales of $718.74 million per share, with estimates ranging from $649.00 million to $750.09 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Healthcare Trust Of America.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.34). The firm had revenue of $176.00 million during the quarter, compared to the consensus estimate of $163.62 million. Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 EPS.

A number of research analysts recently commented on the company. Zacks Investment Research raised Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research note on Tuesday, January 9th. SunTrust Banks set a $36.00 target price on Healthcare Trust Of America and gave the company a “buy” rating in a research note on Tuesday, October 24th. Stifel Nicolaus increased their target price on Healthcare Trust Of America from $34.00 to $35.00 and gave the company a “hold” rating in a research note on Wednesday, October 25th. BMO Capital Markets reissued a “buy” rating and issued a $35.00 target price on shares of Healthcare Trust Of America in a research note on Monday, October 2nd. Finally, Morgan Stanley raised Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, December 13th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Healthcare Trust Of America presently has a consensus rating of “Buy” and an average target price of $33.90.

Several large investors have recently made changes to their positions in the company. First Allied Advisory Services Inc. grew its stake in shares of Healthcare Trust Of America by 1.8% during the second quarter. First Allied Advisory Services Inc. now owns 7,875 shares of the real estate investment trust’s stock valued at $243,000 after buying an additional 137 shares during the last quarter. People s United Financial Inc. grew its stake in shares of Healthcare Trust Of America by 2.2% during the second quarter. People s United Financial Inc. now owns 17,397 shares of the real estate investment trust’s stock valued at $542,000 after buying an additional 370 shares during the last quarter. Global Endowment Management LP grew its stake in shares of Healthcare Trust Of America by 0.6% during the second quarter. Global Endowment Management LP now owns 91,760 shares of the real estate investment trust’s stock valued at $2,855,000 after buying an additional 570 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its stake in shares of Healthcare Trust Of America by 10.0% during the second quarter. Dynamic Technology Lab Private Ltd now owns 17,415 shares of the real estate investment trust’s stock valued at $541,000 after buying an additional 1,577 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Healthcare Trust Of America by 4.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 42,711 shares of the real estate investment trust’s stock valued at $1,329,000 after buying an additional 1,632 shares during the last quarter. 98.36% of the stock is currently owned by hedge funds and other institutional investors.

Healthcare Trust Of America (NYSE HTA) opened at $27.35 on Wednesday. The firm has a market cap of $5,591.34, a price-to-earnings ratio of 113.96, a PEG ratio of 3.85 and a beta of 0.32. Healthcare Trust Of America has a 1-year low of $27.09 and a 1-year high of $33.00. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.30 and a quick ratio of 1.30.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd were paid a dividend of $0.305 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.46%. Healthcare Trust Of America’s dividend payout ratio (DPR) is currently 508.35%.

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Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.

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Earnings History and Estimates for Healthcare Trust Of America (NYSE:HTA)

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