Physicians Realty Trust (DOC) Scheduled to Post Earnings on Friday

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Physicians Realty Trust (NYSE:DOC) is scheduled to issue its quarterly earnings data before the market opens on Friday, November 2nd. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.22). Physicians Realty Trust had a return on equity of 1.76% and a net margin of 11.02%. The company had revenue of $106.99 million for the quarter, compared to analyst estimates of $104.60 million. During the same quarter in the previous year, the firm posted $0.24 earnings per share. The company’s quarterly revenue was up 39.7% on a year-over-year basis. On average, analysts expect Physicians Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:DOC opened at $16.96 on Wednesday. Physicians Realty Trust has a 12 month low of $14.13 and a 12 month high of $19.03. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market cap of $3.05 billion, a PE ratio of 16.31, a P/E/G ratio of 3.94 and a beta of 0.46.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 18th. Stockholders of record on Wednesday, October 3rd were paid a dividend of $0.23 per share. The ex-dividend date was Tuesday, October 2nd. This represents a $0.92 annualized dividend and a dividend yield of 5.42%. Physicians Realty Trust’s payout ratio is currently 88.46%.

DOC has been the subject of several research reports. TheStreet upgraded shares of Physicians Realty Trust from a “c+” rating to a “b” rating in a research note on Friday, August 3rd. Royal Bank of Canada reiterated a “buy” rating and set a $18.00 price objective on shares of Physicians Realty Trust in a research note on Tuesday, August 7th. Zacks Investment Research upgraded shares of Physicians Realty Trust from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Monday, August 6th. B. Riley lifted their price objective on shares of Physicians Realty Trust from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Monday, August 6th. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $18.00 price objective on shares of Physicians Realty Trust in a research note on Thursday, August 2nd. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $17.77.

About Physicians Realty Trust

Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare.

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Earnings History for Physicians Realty Trust (NYSE:DOC)

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