Brokerages forecast that Healthcare Trust of America, Inc. (NYSE:HTA) will post sales of $173.25 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Healthcare Trust of America’s earnings, with the lowest sales estimate coming in at $163.58 million and the highest estimate coming in at $178.19 million. Healthcare Trust of America reported sales of $122.04 million in the same quarter last year, which would suggest a positive year over year growth rate of 42%. The business is expected to announce its next quarterly earnings report on Wednesday, February 21st.

According to Zacks, analysts expect that Healthcare Trust of America will report full year sales of $173.25 million for the current financial year, with estimates ranging from $588.56 million to $618.41 million. For the next financial year, analysts anticipate that the business will post sales of $719.70 million per share, with estimates ranging from $681.51 million to $750.09 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Healthcare Trust of America.

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

A number of research analysts recently issued reports on HTA shares. TheStreet upgraded shares of Healthcare Trust of America from a “c” rating to a “b-” rating in a research note on Tuesday, October 24th. Zacks Investment Research upgraded shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Mizuho reiterated a “buy” rating and issued a $36.00 target price on shares of Healthcare Trust of America in a research note on Wednesday, October 4th. Capital One Financial Corporation reiterated an “equal weight” rating and issued a $31.00 target price on shares of Healthcare Trust of America in a research note on Monday, September 25th. Finally, BidaskClub lowered shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Healthcare Trust of America has a consensus rating of “Buy” and an average price target of $34.20.

Institutional investors and hedge funds have recently bought and sold shares of the business. Westpac Banking Corp acquired a new stake in Healthcare Trust of America in the 2nd quarter valued at about $7,499,000. Legal & General Group Plc increased its position in Healthcare Trust of America by 39.9% in the 2nd quarter. Legal & General Group Plc now owns 532,683 shares of the real estate investment trust’s stock valued at $16,572,000 after acquiring an additional 151,890 shares in the last quarter. US Bancorp DE increased its position in Healthcare Trust of America by 1,142.9% in the 2nd quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock valued at $135,000 after acquiring an additional 4,000 shares in the last quarter. Swiss National Bank increased its position in Healthcare Trust of America by 36.5% in the 2nd quarter. Swiss National Bank now owns 318,786 shares of the real estate investment trust’s stock valued at $9,917,000 after acquiring an additional 85,200 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Healthcare Trust of America by 5,675.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,025,724 shares of the real estate investment trust’s stock valued at $187,461,000 after acquiring an additional 5,921,387 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

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Healthcare Trust of America (NYSE:HTA) traded up $0.08 during trading hours on Tuesday, reaching $30.58. 798,590 shares of the company were exchanged, compared to its average volume of 1,546,429. Healthcare Trust of America has a 1-year low of $27.18 and a 1-year high of $33.00. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.88. The firm has a market cap of $6,270.00, a price-to-earnings ratio of 18.65, a PEG ratio of 4.65 and a beta of 0.31.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd will be given a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Friday, December 29th. Healthcare Trust of America’s payout ratio is presently 508.33%.

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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