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. As of December 31, 2016, the Company's portfolio consisted of 246 properties located in 29 states with approximately 10,883,601 net leasable square feet. The Company invests in real estate that is integral to providing healthcare services. The Company focuses its investment activity on various types of healthcare properties, such as medical office buildings; outpatient treatment and diagnostic facilities; physician group practice clinics; ambulatory surgery centers, and specialty hospitals and treatment centers. Its properties include Arrowhead Commons, Aurora Medical Office Building, Decatur Medical Office Building and El Paso Medical Office Building.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Healthcare REITs
- Sub-Industry: N/A
- Symbol: NYSE:DOC
- CUSIP: N/A
- Web: www.docreit.com
- Market Cap: $3.29042 billion
- Outstanding Shares: 157,477,000
- 50 Day Moving Avg: $18.39
- 200 Day Moving Avg: $19.44
- 52 Week Range: $17.12 - $21.95
Sales & Book Value:
- Trailing P/E Ratio: 78.16
- Foreward P/E Ratio: 15.63
- P/E Growth: 7.34
- Annual Revenue: $296.22 million
- Price / Sales: 9.72
- Book Value: $13.18 per share
- Price / Book: 1.39
- Annual Dividend: $0.92
- Dividend Yield: 5.0%
- EBIDTA: $195.49 million
- Net Margins: 11.51%
- Return on Equity: 1.75%
- Return on Assets: 1.10%
- Debt-to-Equity Ratio: 0.65%
- Current Ratio: 1.17%
- Quick Ratio: 1.17%
- Average Volume: 1.94 million shs.
- Beta: 0.55
- Short Ratio: 2.45
Frequently Asked Questions for Physicians Realty Trust (NYSE:DOC)
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 Tuesday, June 13th. Investors of record on Monday, July 3rd will be paid a dividend of $0.23 per share on Tuesday, July 18th. This represents a $0.92 annualized dividend and a dividend yield of 5.03%. The ex-dividend date of this dividend is Thursday, June 29th. This is a positive change from Physicians Realty Trust's previous quarterly dividend of $0.23. View Physicians Realty Trust's Dividend History.
How were Physicians Realty Trust's earnings last quarter?
Physicians Realty Trust (NYSE:DOC) released its earnings results on Thursday, August, 3rd. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. The firm had revenue of $76.60 million for the quarter, compared to analysts' expectations of $80.48 million. Physicians Realty Trust had a net margin of 11.51% and a return on equity of 1.75%. The business's revenue for the quarter was up 43.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 earnings per share. View Physicians Realty Trust's Earnings History.
When will Physicians Realty Trust make its next earnings announcement?
Where is Physicians Realty Trust's stock going? Where will Physicians Realty Trust's stock price be in 2017?
12 analysts have issued 12 month price objectives for Physicians Realty Trust's stock. Their predictions range from $18.00 to $22.00. On average, they expect Physicians Realty Trust's stock price to reach $20.55 in the next twelve months. View Analyst Ratings for Physicians Realty Trust.
What are 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. " (9/12/2017)
- 2. Cantor Fitzgerald analysts commented, "DOC announced another large group of acquisitions (many of them close today), but also disclosed a non-performing lease involving a large hospital complex in Kennewick, Washington." (6/30/2017)
Who are some of Physicians Realty Trust's key competitors?
Some companies that are related to Physicians Realty Trust include Omega Healthcare Investors (OHI), Healthcare Trust of America (HTA), Medical Properties Trust (MPW), Healthcare Realty Trust Incorporated (HR), National Health Investors (NHI), LTC Properties (LTC), Sabra Healthcare REIT (SBRA), CareTrust REIT (CTRE), Assura PLC (AGR), Universal Health Realty Income Trust (UHT), Primary Health Properties PLC (PHP), Community Healthcare Trust Incorporated (CHCT), MedEquities Realty Trust (MRT), Aviv REIT (AVIV), Care Capital Properties (CCP) and Global Medical REIT (GMRE).
Who are Physicians Realty Trust's key executives?
Physicians Realty Trust's management team includes the folowing people:
- John T. Thomas, President, Chief Executive Officer, Trustee
- Jeffrey N. Theiler, Chief Financial Officer, Executive Vice President
- Del Mar Deeni Taylor, Executive Vice President, Chief Investment Officer
- John W. Lucey, Senior Vice President, Chief Accounting and Administrative Officer
- Bradley D. Page, Senior Vice President, General Counsel
- Daniel M. Klein, Senior Vice President, Deputy Chief Investment Officer
- Mark D. Theine, Senior Vice President - Asset and Investment Management
- Tommy G. Thompson J.D., Non-Executive Chairman of the Board of Trustees
- William A. Ebinger M.D., Independent Director
- Stanton D. Anderson, Independent Trustee
Who owns Physicians Realty Trust stock?
Physicians Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (17.43%), BlackRock Inc. (9.47%), Principal Financial Group Inc. (5.69%), Lord Abbett & CO. LLC (2.40%), Northern Trust Corp (2.33%) and State Street Corp (2.22%). Company insiders that own Physicians Realty Trust stock include Albert Black Jr, Bradley D Page, John Sweet, John T Thomas and Tommy G Thompson. View Institutional Ownership Trends for Physicians Realty Trust.
Who sold Physicians Realty Trust stock? Who is selling Physicians Realty Trust stock?
Physicians Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Ameriprise Financial Inc., FMR LLC, Manning & Napier Advisors LLC, Lazard Asset Management LLC, Employees Retirement System of Texas, Principal Financial Group Inc. and KBC Group NV. View Insider Buying and Selling for Physicians Realty Trust.
Who bought Physicians Realty Trust stock? Who is buying Physicians Realty Trust stock?
Physicians Realty Trust's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Cbre Clarion Securities LLC, Janus Henderson Group PLC, Neuberger Berman Group LLC, Citadel Advisors LLC, Epoch Investment Partners Inc., Aberdeen Asset Management PLC UK and Northern Trust Corp. Company insiders that have bought Physicians Realty Trust stock in the last two years include Albert Black Jr and Tommy G Thompson. View Insider Buying and Selling for Physicians Realty Trust.
How do I buy Physicians Realty Trust stock?
Shares of Physicians Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Physicians Realty Trust's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Physicians Realty Trust stock can currently be purchased for approximately $18.29.
Consensus Ratings for Physicians Realty Trust (NYSE:DOC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$20.55 (12.33% upside)|
Analysts' Ratings History for Physicians Realty Trust (NYSE:DOC)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/13/2017||Cantor Fitzgerald||Reiterated Rating||Buy||$21.00||Low|
|9/13/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$21.00||Low|
|8/21/2017||Jefferies Group LLC||Upgrade||Underperform -> Hold||$17.00 -> $18.00||Low|
|7/24/2017||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$18.00||Low|
|7/17/2017||Raymond James Financial, Inc.||Downgrade||Strong-Buy -> Outperform||$21.00||Low|
|7/12/2017||Stifel Nicolaus||Lower Price Target||Buy||$23.00 -> $22.00||Low|
|7/11/2017||FBR & Co||Reiterated Rating||Outperform||$21.00||Low|
|4/11/2017||BTIG Research||Boost Price Target||Buy||$20.00 -> $22.00||Low|
|3/9/2017||Robert W. Baird||Initiated Coverage||Outperform -> Outperform||$21.00||Low|
|1/5/2017||Canaccord Genuity||Reiterated Rating||Buy||$20.00||N/A|
|11/3/2016||Mizuho||Lower Price Target||Buy||$22.00 -> $21.00||N/A|
|9/2/2016||Citigroup Inc.||Downgrade||Outperform -> Market Perform||N/A|
|8/9/2016||Compass Point||Boost Price Target||Buy||$20.50 -> $24.00||N/A|
|8/4/2016||SunTrust Banks, Inc.||Boost Price Target||Neutral||$20.00 -> $22.00||N/A|
|8/4/2016||Wunderlich||Boost Price Target||Buy||$19.50 -> $22.00||N/A|
|6/22/2016||JMP Securities||Downgrade||Outperform -> Market Perform||N/A|
|3/23/2016||BMO Capital Markets||Boost Price Target||Outperform||$18.50||N/A|
|12/17/2015||Cowen and Company||Lower Price Target||Outperform||$18.50||N/A|
|12/3/2015||MLV & Co.||Reiterated Rating||Buy||$16.00 -> $19.00||N/A|
|10/19/2015||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$18.00||N/A|
Earnings History for Physicians Realty Trust (NYSE:DOC)Earnings History by Quarter for Physicians Realty Trust (NYSE DOC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$0.23||$0.24||$80.48 million||$76.60 million||View||Listen|
|5/3/2017||Q1 2017||$0.30||$0.28||$77.57 million||$76.70 million||View||Listen|
|2/24/2017||Q416||$0.30||$0.06||$74.07 million||$73.70 million||View||N/A|
|11/2/2016||Q316||$0.28||$0.27||$66.21 million||$70.00 million||View||N/A|
|8/3/2016||Q216||$0.23||$0.22||$50.82 million||$53.20 million||View||N/A|
|5/5/2016||Q116||$0.23||$0.22||$43.64 million||$44.10 million||View||N/A|
|2/29/2016||Q415||$0.26||$0.26||$39.20 million||$40.40 million||View||Listen|
|11/6/2015||Q315||$0.26||$0.26||$31.68 million||$34.90 million||View||N/A|
|8/7/2015||Q215||$0.24||$0.21||$27.41 million||$29.70 million||View||N/A|
|5/7/2015||Q115||$0.22||$0.20||$22.33 million||$24.50 million||View||N/A|
|3/4/2015||Q414||$0.22||$0.22||$18.27 million||$19.40 million||View||N/A|
|11/12/2014||Q3 14||$0.20||$0.17||$12.97 million||$14.16 million||View||N/A|
|8/13/2014||Q114||$0.23||$0.17||$10.40 million||$11.40 million||View||N/A|
|5/7/2014||Q1 2014||$0.17||$0.12||$6.75 million||$7.99 million||View||N/A|
|2/27/2014||Q413||$0.13||$0.08||$6.12 million||$6.40 million||View||N/A|
Earnings Estimates for Physicians Realty Trust (NYSE:DOC)
2017 EPS Consensus Estimate: $1.10
2018 EPS Consensus Estimate: $1.15
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Physicians Realty Trust (NYSE:DOC)
|Most Recent Dividend:||7/18/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||400.02% (Trailing 12 Months of Earnings) |
85.98% (Based on This Year's Estimates)
78.63% (Based on Next Year's Estimates)
Dividend History by Quarter for Physicians Realty Trust (NYSE DOC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Physicians Realty Trust (NYSE:DOC)
Insider Ownership Percentage: 0.51%Insider Trades by Quarter for Physicians Realty Trust (NYSE:DOC)
Institutional Ownership Percentage: 94.21%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/23/2016||Tommy G Thompson||Director||Buy||2,100||$18.05||$37,905.00|| |
|11/17/2016||Tommy G Thompson||Director||Buy||14,400||$18.04||$259,776.00|| |
|11/10/2016||Albert Black Jr||Director||Buy||4,439||$17.50||$77,682.50|| |
|9/8/2016||John T. Thomas||Insider||Sell||15,000||$21.79||$326,850.00|| |
|8/17/2016||Albert Black Jr||Director||Buy||988||$20.74||$20,491.12|| |
|6/14/2016||Bradley D Page||VP||Sell||900||$19.93||$17,937.00|| |
|6/14/2016||John Sweet||EVP||Sell||12,000||$19.90||$238,800.00|| |
|8/31/2015||Tommy G Thompson||Director||Buy||1,000||$14.71||$14,710.00|| |
|8/11/2015||John T Thomas||CEO||Buy||1,625||$15.14||$24,602.50|| |
|8/11/2015||Stanton D Anderson||Director||Buy||3,200||$15.13||$48,416.00|| |
|3/11/2015||Albert Black Jr||Director||Buy||3,160||$16.06||$50,749.60|| |
|3/6/2015||Richard A Weiss||Director||Buy||1,000||$15.77||$15,770.00|| |
|12/11/2014||Tommy G Thompson||Director||Buy||1,900||$15.88||$30,172.00|| |
|12/1/2014||Mark A Baumgartner||Director||Buy||1,000||$15.31||$15,310.00|| |
|11/25/2014||Richard A Weiss||Director||Buy||1,000||$15.50||$15,500.00|| |
|6/2/2014||Richard A Weiss||Director||Buy||1,000||$13.88||$13,880.00|| |
|5/30/2014||Stanton D Anderson||Director||Buy||3,600||$13.75||$49,500.00|| |
|5/27/2014||John W Lucey||SVP||Buy||1,000||$12.50||$12,500.00|| |
|5/27/2014||Tommy G Thompson||Director||Buy||4,000||$12.50||$50,000.00|| |
|12/11/2013||John Lucey||SVP||Buy||1,000||$11.50||$11,500.00|| |
|12/11/2013||Stanton Anderson||Director||Buy||8,696||$11.50||$100,004.00|| |
|7/24/2013||John T Thomas||CEO||Buy||9,780||$11.50||$112,470.00|| |
|7/24/2013||John W Lucey||SVP||Buy||1,000||$11.50||$11,500.00|| |
|7/24/2013||Stanton D Anderson||Director||Buy||8,695||$11.50||$99,992.50|| |
Headline Trends for Physicians Realty Trust (NYSE:DOC)
Latest Headlines for Physicians Realty Trust (NYSE:DOC)
Physicians Realty Trust (DOC) Chart for Thursday, September, 21, 2017