Equities research analysts predict that Healthcare Trust Of America Inc (NYSE:HTA) will report sales of $174.85 million for the current quarter, Zacks reports. Six analysts have made estimates for Healthcare Trust Of America’s earnings, with the lowest sales estimate coming in at $172.60 million and the highest estimate coming in at $177.02 million. Healthcare Trust Of America posted sales of $175.99 million during the same quarter last year, which suggests a negative year-over-year growth rate of 0.6%. The company is expected to announce its next quarterly earnings results on Tuesday, October 23rd.

According to Zacks, analysts expect that Healthcare Trust Of America will report full year sales of $699.46 million for the current year, with estimates ranging from $694.01 million to $712.00 million. For the next fiscal year, analysts anticipate that the company will post sales of $717.95 million, with estimates ranging from $705.92 million to $740.00 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that follow Healthcare Trust Of America.

Healthcare Trust Of America (NYSE:HTA) last issued its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a net margin of 11.65% and a return on equity of 2.46%. The business had revenue of $173.33 million for the quarter, compared to analyst estimates of $176.30 million. During the same quarter last year, the firm posted $0.39 earnings per share. Healthcare Trust Of America’s revenue was up 23.9% on a year-over-year basis.

Several analysts have recently weighed in on HTA shares. ValuEngine lowered shares of Healthcare Trust Of America from a “sell” rating to a “strong sell” rating in a research report on Monday, June 11th. Morgan Stanley decreased their target price on shares of Healthcare Trust Of America from $30.00 to $27.00 and set an “overweight” rating on the stock in a research report on Thursday, June 14th. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Friday, June 15th. Mitsubishi UFJ Financial Group reiterated a “neutral” rating and set a $28.00 target price (down from $30.00) on shares of Healthcare Trust Of America in a research report on Tuesday, July 10th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $34.00 target price on shares of Healthcare Trust Of America in a research report on Monday, August 13th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $30.82.

Shares of Healthcare Trust Of America stock traded up $0.67 during trading on Monday, hitting $26.38. 1,755,300 shares of the company’s stock traded hands, compared to its average volume of 1,550,439. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 1.41. Healthcare Trust Of America has a twelve month low of $24.06 and a twelve month high of $31.69. The firm has a market cap of $5.53 billion, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 4.06 and a beta of 0.22.

The company also recently declared a quarterly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, October 1st. This is a positive change from Healthcare Trust Of America’s previous quarterly dividend of $0.31. This represents a $1.24 dividend on an annualized basis and a yield of 4.70%. Healthcare Trust Of America’s payout ratio is 76.07%.

Large investors have recently added to or reduced their stakes in the business. Ausdal Financial Partners Inc. boosted its position in Healthcare Trust Of America by 17.3% in the second quarter. Ausdal Financial Partners Inc. now owns 34,972 shares of the real estate investment trust’s stock valued at $943,000 after buying an additional 5,154 shares in the last quarter. Segall Bryant & Hamill LLC boosted its position in Healthcare Trust Of America by 66.8% in the second quarter. Segall Bryant & Hamill LLC now owns 251,813 shares of the real estate investment trust’s stock valued at $6,789,000 after buying an additional 100,859 shares in the last quarter. Long Pond Capital LP acquired a new position in Healthcare Trust Of America in the second quarter valued at about $51,274,000. RMR Advisors LLC boosted its position in Healthcare Trust Of America by 71.4% in the second quarter. RMR Advisors LLC now owns 48,000 shares of the real estate investment trust’s stock valued at $1,294,000 after buying an additional 20,000 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in Healthcare Trust Of America by 50.2% in the second quarter. D.A. Davidson & CO. now owns 49,733 shares of the real estate investment trust’s stock valued at $1,341,000 after buying an additional 16,631 shares in the last quarter.

Healthcare Trust Of America Company Profile

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

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