Equities research analysts expect Healthcare Trust Of America Inc (NYSE:HTA) to post sales of $175.73 million for the current quarter, according to Zacks. Four analysts have issued estimates for Healthcare Trust Of America’s earnings, with estimates ranging from $175.01 million to $176.74 million. Healthcare Trust Of America reported sales of $124.35 million in the same quarter last year, which indicates a positive year over year growth rate of 41.3%. The business is expected to announce its next earnings results on Wednesday, April 25th.
On average, analysts expect that Healthcare Trust Of America will report full year sales of $175.73 million for the current year, with estimates ranging from $649.00 million to $743.22 million. For the next year, analysts forecast that the business will post sales of $756.86 million per share, with estimates ranging from $729.70 million to $793.76 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Healthcare Trust Of America.
A number of research firms have recently weighed in on HTA. Jefferies Group reissued a “buy” rating on shares of Healthcare Trust Of America in a research report on Friday, February 23rd. Raymond James Financial cut Healthcare Trust Of America from a “strong-buy” rating to an “outperform” rating and lowered their price objective for the stock from $34.00 to $30.00 in a research report on Tuesday, February 27th. Mizuho cut Healthcare Trust Of America from a “buy” rating to a “neutral” rating and set a $32.00 price objective for the company. in a research report on Tuesday, February 20th. Stifel Nicolaus lowered their price objective on Healthcare Trust Of America from $35.00 to $32.00 and set a “hold” rating for the company in a research report on Friday, February 16th. Finally, Zacks Investment Research cut Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $32.40.
Shares of Healthcare Trust Of America (HTA) traded up $0.33 during midday trading on Friday, reaching $25.97. The company’s stock had a trading volume of 1,140,664 shares, compared to its average volume of 1,496,251. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market cap of $5,250.00, a PE ratio of 78.70, a PEG ratio of 3.72 and a beta of 0.26. Healthcare Trust Of America has a 1-year low of $24.50 and a 1-year high of $33.00.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Tuesday, April 3rd will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Monday, April 2nd. This represents a $1.22 dividend on an annualized basis and a yield of 4.70%. Healthcare Trust Of America’s dividend payout ratio is currently 369.70%.
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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