FY2018 Earnings Estimate for Physicians Realty Trust (DOC) Issued By Cantor Fitzgerald

Physicians Realty Trust (NYSE:DOC) – Investment analysts at Cantor Fitzgerald reduced their FY2018 earnings per share estimates for shares of Physicians Realty Trust in a note issued to investors on Tuesday, May 22nd. Cantor Fitzgerald analyst J. France now anticipates that the real estate investment trust will post earnings of $1.11 per share for the year, down from their prior estimate of $1.16. Cantor Fitzgerald has a “Buy” rating and a $18.00 price objective on the stock. Cantor Fitzgerald also issued estimates for Physicians Realty Trust’s FY2019 earnings at $1.13 EPS.

Several other equities analysts also recently commented on the stock. Zacks Investment Research upgraded shares of Physicians Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. ValuEngine cut shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Stifel Nicolaus cut shares of Physicians Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the company from $18.00 to $17.00 in a research report on Tuesday, April 24th. KeyCorp reduced their target price on shares of Physicians Realty Trust from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, April 17th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $18.00 target price on shares of Physicians Realty Trust in a research report on Monday, April 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company’s stock. Physicians Realty Trust has an average rating of “Buy” and an average price target of $18.04.

Physicians Realty Trust opened at $14.92 on Wednesday, MarketBeat reports. Physicians Realty Trust has a one year low of $14.13 and a one year high of $21.85. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 14.35, a P/E/G ratio of 3.09 and a beta of 0.46. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.39 and a current ratio of 1.39.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings data on Friday, May 4th. The real estate investment trust reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.21). Physicians Realty Trust had a net margin of 11.46% and a return on equity of 1.75%. The company had revenue of $105.20 million during the quarter, compared to analyst estimates of $101.70 million. During the same quarter in the prior year, the firm earned $0.28 earnings per share. Physicians Realty Trust’s revenue for the quarter was up 37.2% on a year-over-year basis.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE lifted its position in Physicians Realty Trust by 5.6% during the fourth quarter. US Bancorp DE now owns 59,473 shares of the real estate investment trust’s stock worth $1,070,000 after purchasing an additional 3,149 shares during the period. Virginia Retirement Systems ET AL lifted its position in Physicians Realty Trust by 2.6% during the first quarter. Virginia Retirement Systems ET AL now owns 132,900 shares of the real estate investment trust’s stock worth $2,069,000 after purchasing an additional 3,400 shares during the period. Pinnacle Associates Ltd. lifted its position in Physicians Realty Trust by 20.5% during the first quarter. Pinnacle Associates Ltd. now owns 21,180 shares of the real estate investment trust’s stock worth $330,000 after purchasing an additional 3,600 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Physicians Realty Trust by 6.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 58,036 shares of the real estate investment trust’s stock worth $1,044,000 after purchasing an additional 3,647 shares during the period. Finally, Blair William & Co. IL lifted its position in Physicians Realty Trust by 36.2% during the first quarter. Blair William & Co. IL now owns 15,815 shares of the real estate investment trust’s stock worth $246,000 after purchasing an additional 4,200 shares during the period. 93.22% of the stock is owned by institutional investors and hedge funds.

In other news, Director Tommy G. Thompson acquired 13,650 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The stock was acquired at an average price of $14.71 per share, with a total value of $200,791.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.53% 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.

Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

Receive News & Ratings for Physicians Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Physicians Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply