Equities research analysts expect Physicians Realty Trust (NYSE:DOC) to post sales of $95.11 million for the current quarter, Zacks reports. Six analysts have made estimates for Physicians Realty Trust’s earnings, with the highest sales estimate coming in at $98.20 million and the lowest estimate coming in at $90.63 million. Physicians Realty Trust posted sales of $73.67 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 29.1%. The firm is scheduled to announce its next quarterly earnings report on Friday, February 23rd.

On average, analysts expect that Physicians Realty Trust will report full-year sales of $95.11 million for the current year, with estimates ranging from $330.70 million to $344.47 million. For the next financial year, analysts expect that the company will post sales of $414.11 million per share, with estimates ranging from $363.62 million to $445.15 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last released its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. The business had revenue of $93.00 million for the quarter, compared to analyst estimates of $90.21 million. During the same period in the prior year, the firm posted $0.27 EPS. Physicians Realty Trust’s revenue was up 32.8% on a year-over-year basis.

A number of analysts have commented on DOC shares. Raymond James Financial set a $20.00 target price on shares of Physicians Realty Trust and gave the stock a “buy” rating in a report on Thursday, December 7th. Stifel Nicolaus reaffirmed a “buy” rating and set a $22.00 target price on shares of Physicians Realty Trust in a report on Wednesday, October 4th. B. Riley reaffirmed a “buy” rating on shares of Physicians Realty Trust in a report on Wednesday, November 1st. Royal Bank of Canada reaffirmed a “buy” rating and set a $21.00 target price on shares of Physicians Realty Trust in a report on Wednesday, November 15th. Finally, KeyCorp raised shares of Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a report on Thursday, October 12th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $20.05.

Physicians Realty Trust (DOC) traded up $0.02 on Friday, reaching $16.66. 1,027,957 shares of the company’s stock were exchanged, compared to its average volume of 1,612,429. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.46. Physicians Realty Trust has a 12-month low of $16.21 and a 12-month high of $21.85. The firm has a market cap of $2,990.00, a price-to-earnings ratio of 72.43, a PEG ratio of 2.57 and a beta of 0.54.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 18th. Stockholders of record on Wednesday, January 3rd were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 5.52%. The ex-dividend date was Tuesday, January 2nd. Physicians Realty Trust’s dividend payout ratio (DPR) is 400.00%.

In other news, insider Jeffrey Theiler purchased 5,634 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was bought at an average price of $17.76 per share, with a total value of $100,059.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Tommy G. Thompson purchased 2,705 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was purchased at an average cost of $18.46 per share, with a total value of $49,934.30. Following the acquisition, the director now directly owns 49,339 shares in the company, valued at $910,797.94. The disclosure for this purchase can be found here. 0.51% of the stock is owned by insiders.

Several hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. boosted its stake in Physicians Realty Trust by 3.7% in the 2nd quarter. Alliancebernstein L.P. now owns 288,816 shares of the real estate investment trust’s stock worth $5,817,000 after purchasing an additional 10,257 shares during the period. Loeb Partners Corp boosted its stake in Physicians Realty Trust by 36.8% in the 3rd quarter. Loeb Partners Corp now owns 22,300 shares of the real estate investment trust’s stock worth $396,000 after purchasing an additional 6,000 shares during the period. California Public Employees Retirement System boosted its stake in Physicians Realty Trust by 3.7% in the 2nd quarter. California Public Employees Retirement System now owns 181,400 shares of the real estate investment trust’s stock worth $3,653,000 after purchasing an additional 6,400 shares during the period. RMR Advisors LLC boosted its stake in Physicians Realty Trust by 20.0% in the 3rd quarter. RMR Advisors LLC now owns 179,791 shares of the real estate investment trust’s stock worth $3,188,000 after purchasing an additional 30,000 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in Physicians Realty Trust in the 2nd quarter worth $1,328,000. 93.41% of the stock is owned by institutional investors.

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Physicians Realty Trust Company Profile

Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.

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

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