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. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the operating partnership), directly or through limited partnerships, limited liability companies or other subsidiaries. The Company is the sole general partner of the operating partnership and, as of June 30, 2018, owned approximately 97.1% of the partnership interests in our operating partnership (OP Units).
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:DOC
Previous Symbol
CUSIPN/A
Phone414-367-5600
Debt
Debt-to-Equity Ratio0.61
Current Ratio0.89
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio16.08
Forward P/E Ratio15.34
P/E Growth3.87
Sales & Book Value
Annual Sales$343.58 million
Price / Sales8.87
Cash Flow$0.9721 per share
Price / Cash17.20
Book Value$13.62 per share
Price / Book1.23
Profitability
EPS (Most Recent Fiscal Year)$1.04
Net Income$38.14 million
Net Margins13.33%
Return on Equity2.20%
Return on Assets1.32%
Miscellaneous
Employees63
Outstanding Shares182,320,000
Market Cap$2.99 billion
OptionableOptionable
Physicians Realty Trust (NYSE:DOC) Frequently Asked Questions
What is Physicians Realty Trust's stock symbol?
Physicians Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "DOC."
How often does Physicians Realty Trust pay dividends? What is the dividend yield for Physicians Realty Trust?
Physicians Realty Trust announced a quarterly dividend on Thursday, September 20th. Investors of record on Wednesday, October 3rd will be given a dividend of $0.23 per share on Thursday, October 18th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date is Tuesday, October 2nd. View Physicians Realty Trust's Dividend History.
How were Physicians Realty Trust's earnings last quarter?
Physicians Realty Trust (NYSE:DOC) announced its earnings results on Friday, November, 2nd. The real estate investment trust reported $0.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.01. The real estate investment trust had revenue of $105.03 million for the quarter, compared to analysts' expectations of $103.70 million. Physicians Realty Trust had a return on equity of 2.20% and a net margin of 13.33%. Physicians Realty Trust's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.26 earnings per share. View Physicians Realty Trust's Earnings History.
When is Physicians Realty Trust's next earnings date?
What price target have analysts set for DOC?
13 analysts have issued 1 year price objectives for Physicians Realty Trust's shares. Their forecasts range from $16.00 to $20.00. On average, they anticipate Physicians Realty Trust's stock price to reach $17.75 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Physicians Realty Trust.
What is the consensus analysts' recommendation for Physicians Realty Trust?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Physicians Realty Trust in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Physicians Realty Trust.
What are Wall Street analysts saying about Physicians Realty Trust stock?
Here are some recent quotes from research analysts about Physicians Realty Trust stock:
- 1. According to Zacks Investment Research, "Physicians Realty Trust is a REIT. It is a self-managed healthcare real estate company engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company's principal investments will include medical office buildings, outpatient treatment facilities, acute and post-acute care hospitals, as well as other real estate integral to healthcare providers. Physicians Realty Trust is based in Milwaukee, Wisconsin. " (11/6/2018)
- 2. Cantor Fitzgerald analysts commented, "We reiterate our 12-month price target of $18 and our Overweight rating on DOC, but we are lowering our 2018 and 2019 estimates slightly to reflect DOC’s active capital recycling. DOC reported an in-line 2Q18, with higher revenue, offset by slightly higher expenses than expected. The M&A market continues to be tight, with DOC completing only $71 million of acquisitions during the quarter, but organic growth is strong, with same-store cash NOI up 3.3% year over year. DOC is shifting its focus to repositioning from growth, while also strengthening its balance sheet, using net disposition proceeds to reduce its debt." (8/2/2018)
Has Physicians Realty Trust been receiving favorable news coverage?
Press coverage about DOC stock has trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Physicians Realty Trust earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Physicians Realty Trust's key competitors?
Some companies that are related to Physicians Realty Trust include Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), Gecina (GECFF), Regency Centers (REG), UDR (UDR), Klepierre (KLPEF), WP Carey (WPC), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Federal Realty Investment Trust (FRT), Iron Mountain (IRM), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT) and AGNC Investment (AGNC).
Who are Physicians Realty Trust's key executives?
Physicians Realty Trust's management team includes the folowing people:
- Mr. John T. Thomas, Pres, CEO & Trustee (Age 52)
- Mr. Jeffrey Nelson Theiler, Exec. VP & CFO (Age 44)
- Mr. Del Mar Deeni Taylor, Exec. VP & Chief Investment Officer (Age 61)
- Mr. Bradley D. Page J.D., Sr. VP & Gen. Counsel (Age 57)
- Mr. Daniel M. Klein J.D., Sr. VP & Deputy Chief Investment Officer (Age 53)
Who are Physicians Realty Trust's major shareholders?
Physicians Realty Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.81%), Brookfield Asset Management Inc. (3.88%), Deutsche Bank AG (3.32%), Janus Henderson Group PLC (2.82%), Ceredex Value Advisors LLC (2.17%) and Wells Fargo & Company MN (2.05%). Company insiders that own Physicians Realty Trust stock include Jeffrey Theiler and Tommy G Thompson. View Institutional Ownership Trends for Physicians Realty Trust.
Which major investors are selling Physicians Realty Trust stock?
DOC stock was sold by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Daiwa Securities Group Inc., Canada Pension Plan Investment Board, Ceredex Value Advisors LLC, Wells Fargo & Company MN, Barings LLC, SG Americas Securities LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Physicians Realty Trust.
Which major investors are buying Physicians Realty Trust stock?
DOC stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Deutsche Bank AG, Janus Henderson Group PLC, United Services Automobile Association, Standard Life Aberdeen plc, The Manufacturers Life Insurance Company , Crawford Investment Counsel Inc. and BlackRock Inc.. Company insiders that have bought Physicians Realty Trust stock in the last two years include Jeffrey Theiler and Tommy G Thompson. View Insider Buying and Selling for Physicians Realty Trust.
How do I buy shares of Physicians Realty Trust?
Shares of DOC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Physicians Realty Trust's stock price today?
One share of DOC stock can currently be purchased for approximately $16.72.
How big of a company is Physicians Realty Trust?
Physicians Realty Trust has a market capitalization of $2.99 billion and generates $343.58 million in revenue each year. The real estate investment trust earns $38.14 million in net income (profit) each year or $1.04 on an earnings per share basis. Physicians Realty Trust employs 63 workers across the globe.
What is Physicians Realty Trust's official website?
How can I contact Physicians Realty Trust?
Physicians Realty Trust's mailing address is 309 N. WATER STREET SUITE 500, MILWAUKEE WI, 53202. The real estate investment trust can be reached via phone at 414-367-5600 or via email at [email protected]
MarketBeat Community Rating for Physicians Realty Trust (NYSE DOC)
MarketBeat's community ratings are surveys of what our community members think about Physicians Realty Trust and other stocks. Vote "Outperform" if you believe DOC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DOC will underperform the S&P 500 over the long term. You may vote once every thirty days.
