$103.36 Million in Sales Expected for Physicians Realty Trust (DOC) This Quarter

Analysts expect Physicians Realty Trust (NYSE:DOC) to announce sales of $103.36 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Physicians Realty Trust’s earnings, with the lowest sales estimate coming in at $102.58 million and the highest estimate coming in at $104.55 million. Physicians Realty Trust reported sales of $97.32 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 6.2%. The business is expected to report its next earnings report before the market opens on Wednesday, February 27th.

On average, analysts expect that Physicians Realty Trust will report full year sales of $419.10 million for the current financial year, with estimates ranging from $410.55 million to $421.79 million. For the next year, analysts expect that the company will report sales of $425.16 million, with estimates ranging from $413.77 million to $440.08 million. Zacks’ sales averages are an average based on a survey of analysts that follow Physicians Realty Trust.

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A number of analysts have recently commented on the company. Zacks Investment Research downgraded Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, February 13th. ValuEngine raised Physicians Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. Finally, B. Riley reissued a “buy” rating on shares of Physicians Realty Trust in a research note on Monday, November 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. Physicians Realty Trust currently has a consensus rating of “Buy” and a consensus price target of $17.58.

Several institutional investors have recently made changes to their positions in DOC. Macroview Investment Management LLC acquired a new stake in shares of Physicians Realty Trust during the fourth quarter worth $32,000. We Are One Seven LLC acquired a new stake in shares of Physicians Realty Trust during the fourth quarter worth $38,000. Lindbrook Capital LLC acquired a new stake in shares of Physicians Realty Trust during the fourth quarter worth $42,000. Quantamental Technologies LLC purchased a new position in shares of Physicians Realty Trust during the fourth quarter valued at $75,000. Finally, Belpointe Asset Management LLC purchased a new position in shares of Physicians Realty Trust during the third quarter valued at $109,000. 92.58% of the stock is currently owned by institutional investors.

Shares of DOC traded up $0.11 during midday trading on Friday, reaching $18.78. The stock had a trading volume of 1,641,345 shares, compared to its average volume of 1,153,704. Physicians Realty Trust has a 52 week low of $14.13 and a 52 week high of $18.82. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $3.39 billion, a PE ratio of 18.06 and a beta of 0.65.

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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