Brokerages expect Physicians Realty Trust (NYSE:DOC) to announce $0.27 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for Physicians Realty Trust’s earnings. The lowest EPS estimate is $0.26 and the highest is $0.28. Physicians Realty Trust reported earnings per share of $0.06 in the same quarter last year, which suggests a positive year-over-year growth rate of 350%. The business is scheduled to announce its next quarterly earnings results on Friday, February 23rd.

On average, analysts expect that Physicians Realty Trust will report full-year earnings of $1.05 per share for the current fiscal year, with EPS estimates ranging from $1.03 to $1.07. For the next year, analysts anticipate that the company will report earnings of $1.15 per share, with EPS estimates ranging from $1.10 to $1.25. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Physicians Realty Trust.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 EPS for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). Physicians Realty Trust had a return on equity of 1.70% and a net margin of 11.39%. The company had revenue of $93.00 million during the quarter, compared to the consensus estimate of $90.21 million. During the same quarter in the previous year, the business posted $0.27 EPS. The firm’s revenue for the quarter was up 32.8% on a year-over-year basis.

A number of brokerages recently commented on DOC. Raymond James Financial set a $20.00 price target on Physicians Realty Trust and gave the stock a “buy” rating in a research report on Thursday, December 7th. Royal Bank of Canada restated a “buy” rating and issued a $21.00 price target on shares of Physicians Realty Trust in a research report on Wednesday, November 15th. B. Riley restated a “buy” rating on shares of Physicians Realty Trust in a research report on Wednesday, November 1st. Cantor Fitzgerald raised their price target on Physicians Realty Trust from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 7th. Finally, KeyCorp upgraded Physicians Realty Trust from a “sector weight” rating to an “overweight” rating in a research report on Thursday, October 12th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $20.41.

In other Physicians Realty Trust news, insider Jeffrey Theiler bought 5,634 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were purchased at an average price of $17.76 per share, for a total transaction of $100,059.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.51% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Physicians Realty Trust by 16.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,462 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 1,364 shares during the last quarter. Pinnacle Associates Ltd. bought a new position in Physicians Realty Trust in the second quarter valued at about $205,000. Profund Advisors LLC grew its position in Physicians Realty Trust by 6.8% in the second quarter. Profund Advisors LLC now owns 11,569 shares of the real estate investment trust’s stock valued at $233,000 after acquiring an additional 733 shares during the last quarter. Teacher Retirement System of Texas grew its position in Physicians Realty Trust by 1.7% in the second quarter. Teacher Retirement System of Texas now owns 11,997 shares of the real estate investment trust’s stock valued at $242,000 after acquiring an additional 203 shares during the last quarter. Finally, Veritable L.P. bought a new position in Physicians Realty Trust in the second quarter valued at about $266,000. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Physicians Realty Trust (DOC) opened at $18.67 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.59 and a quick ratio of 1.59. Physicians Realty Trust has a 12-month low of $17.25 and a 12-month high of $21.85. The company has a market capitalization of $3,350.00, a price-to-earnings ratio of 17.58, a P/E/G ratio of 2.89 and a beta of 0.54.

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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.

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Earnings History and Estimates for Physicians Realty Trust (NYSE:DOC)

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