Physicians Realty Trust (DOC) Given Coverage Optimism Rating of -0.02
News articles about Physicians Realty Trust (NYSE:DOC) have been trending somewhat negative recently, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Physicians Realty Trust earned a daily sentiment score of -0.02 on AlphaOne’s scale. AlphaOne also gave media stories about the real estate investment trust an impact score of 93 out of 100, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have effected AlphaOne’s scoring:
- Kite Realty Group Trust (KRG) Shares Sold by Fifth Third Bancorp (campdesrecrues.com)
- Victory Capital Management Inc. Increases Position in Physicians Realty Trust (DOC) – Newburgh Gazette (newburghgazette.com)
- Comparing Physicians Realty Trust (DOC) & Welltower (HCN) (americanbankingnews.com)
- Physicians Realty Trust (DOC) Receiving Somewhat Positive Press Coverage, Study Shows (latribunadecanarias.com)
- Physicians Realty Trust (DOC) Given Hold Rating at Jefferies Group LLC (americanbankingnews.com)
Shares of Physicians Realty Trust (NYSE:DOC) traded up 0.81% during mid-day trading on Friday, reaching $21.22. The company’s stock had a trading volume of 1,810,522 shares. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 96.02 and a beta of 0.58. Physicians Realty Trust has a 1-year low of $17.12 and a 1-year high of $22.03. The firm’s 50 day moving average price is $20.19 and its 200-day moving average price is $19.39.
Physicians Realty Trust (NYSE:DOC) last announced its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.02. The business had revenue of $76.70 million during the quarter, compared to the consensus estimate of $77.57 million. Physicians Realty Trust had a net margin of 11.42% and a return on equity of 1.68%. The company’s quarterly revenue was up 73.9% compared to the same quarter last year. During the same period last year, the firm earned $0.22 EPS. On average, analysts predict that Physicians Realty Trust will post $0.32 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 18th. Shareholders of record on Monday, July 3rd will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 4.34%. The ex-dividend date is Thursday, June 29th. This is a positive change from Physicians Realty Trust’s previous quarterly dividend of $0.23. Physicians Realty Trust’s payout ratio is 409.11%.
Several research firms recently issued reports on DOC. Jefferies Group LLC reiterated a “hold” rating and issued a $21.00 price objective on shares of Physicians Realty Trust in a report on Wednesday. BTIG Research raised their target price on shares of Physicians Realty Trust from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, April 11th. Zacks Investment Research lowered shares of Physicians Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, February 28th. Robert W. Baird initiated coverage on shares of Physicians Realty Trust in a research note on Thursday, March 9th. They issued an “outperform” rating and a $21.00 target price on the stock. Finally, FBR & Co initiated coverage on shares of Physicians Realty Trust in a research note on Monday, April 3rd. They issued an “outperform” rating and a $23.00 target price on the stock. Five research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $21.69.
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About Physicians Realty Trust
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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