Physicians Realty Trust (NYSE:DOC) announced a quarterly dividend on Friday, September 22nd, Wall Street Journal reports. Shareholders of record on Tuesday, October 3rd will be paid a dividend of 0.23 per share by the real estate investment trust on Wednesday, October 18th. This represents a $0.92 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date of this dividend is Monday, October 2nd.

Physicians Realty Trust has a payout ratio of 86.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities analysts expect Physicians Realty Trust to earn $0.33 per share next year, which means the company may not be able to cover its $0.92 annual dividend with an expected future payout ratio of 278.8%.

Shares of Physicians Realty Trust (NYSE:DOC) traded down 0.99% during midday trading on Friday, reaching $18.06. The company’s stock had a trading volume of 1,331,754 shares. The company has a market capitalization of $2.84 billion, a P/E ratio of 77.18 and a beta of 0.55. Physicians Realty Trust has a 12-month low of $17.12 and a 12-month high of $21.95. The company’s 50-day moving average price is $18.39 and its 200 day moving average price is $19.44.

Physicians Realty Trust (NYSE:DOC) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $76.60 million during the quarter, compared to analyst estimates of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. Physicians Realty Trust’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.22 EPS. On average, equities research analysts forecast that Physicians Realty Trust will post $0.26 earnings per share for the current year.

A number of research analysts have commented on DOC shares. Cantor Fitzgerald reaffirmed a “buy” rating and set a $21.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, September 13th. Zacks Investment Research raised Physicians Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. UBS AG lowered Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a research report on Monday, July 17th. BidaskClub raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. Finally, FBR & Co reissued an “outperform” rating and issued a $21.00 target price on shares of Physicians Realty Trust in a research report on Tuesday, July 11th. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $20.67.

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Physicians Realty Trust Company Profile

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.

Dividend History for Physicians Realty Trust (NYSE:DOC)

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