Favorable News Coverage Somewhat Unlikely to Affect Physicians Realty Trust (DOC) Share Price
Headlines about Physicians Realty Trust (NYSE:DOC) have been trending positive recently, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Physicians Realty Trust earned a daily sentiment score of 0.29 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 47.3524591548661 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
- Physicians Realty Trust Announces Ratings Upgrade to BBB- from Standard & Poor’s Ratings Services (finance.yahoo.com)
- Physicians Realty Trust (NYSE:DOC) Receives Average Rating of “Buy” from Brokerages (prensaestatal.com)
- Physicians Realty Trust (NYSE:DOC) Shares Bought by Sit Investment Associates Inc (newstrendstoday.com)
- Physicians Realty Trust of Ben (DOC) Position Increased by Neuberger Berman Group LLC – Modern Readers (modernreaders.com)
- Neuberger Berman Group LLC Raises Its Holdings in Physicians Realty Trust of Ben (DOC) Stock – First News 24 (firstnewspaper24.com)
DOC has been the topic of a number of analyst reports. Jefferies Group LLC downgraded shares of Physicians Realty Trust from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $21.00 to $17.00 in a research note on Friday, July 7th. UBS AG cut shares of Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a research report on Monday, July 17th. Cantor Fitzgerald reiterated a “buy” rating and set a $23.00 price target on shares of Physicians Realty Trust in a research report on Friday, June 30th. Zacks Investment Research cut shares of Physicians Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Finally, Morgan Stanley upgraded shares of Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price target for the company in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. Physicians Realty Trust has an average rating of “Buy” and an average target price of $20.58.
Shares of Physicians Realty Trust (NYSE DOC) traded down 0.11% on Friday, hitting $17.92. 1,042,882 shares of the company were exchanged. The firm has a market cap of $2.82 billion, a P/E ratio of 76.58 and a beta of 0.55. Physicians Realty Trust has a 52-week low of $17.12 and a 52-week high of $22.03. The company has a 50-day moving average price of $19.02 and a 200 day moving average price of $19.56.
Physicians Realty Trust (NYSE:DOC) last posted its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.01. The firm had revenue of $76.60 million during the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The company’s revenue was up 43.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 EPS. Analysts predict that Physicians Realty Trust will post $0.22 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 18th. Investors of record on Monday, July 3rd were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date of this dividend was Thursday, June 29th. This is an increase from Physicians Realty Trust’s previous quarterly dividend of $0.23. Physicians Realty Trust’s dividend payout ratio is 400.02%.
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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