About Physicians Realty Trust (NYSE:DOC)
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: $2.84 billion
- Outstanding Shares: 157,477,000
- 50 Day Moving Avg: $18.20
- 200 Day Moving Avg: $19.26
- 52 Week Range: $17.12 - $21.85
Sales & Book Value:
- Trailing P/E Ratio: 77.01
- Foreward P/E Ratio: 53.00
- P/E Growth: 7.16
- Annual Revenue: $296.22 million
- Price / Sales: 9.58
- Book Value: $13.18 per share
- Price / Book: 1.37
- Annual Dividend: $0.92
- Dividend Yield: 5.1%
- EBITDA: $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: 1.38 million shs.
- Beta: 0.53
- 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 declared a quarterly dividend on Friday, September 22nd. Stockholders of record on Tuesday, October 3rd will be given a dividend of $0.23 per share on Wednesday, October 18th. This represents a $0.92 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Monday, October 2nd. View Physicians Realty Trust's Dividend History.
How were Physicians Realty Trust's earnings last quarter?
Physicians Realty Trust (NYSE:DOC) posted its earnings results on Thursday, August, 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.01. The company earned $76.60 million during the quarter, compared to the consensus estimate of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. The firm's quarterly revenue was up 43.9% on a year-over-year basis. During the same period in the previous year, the business earned $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?
13 equities research analysts have issued 12 month target prices for Physicians Realty Trust's shares. Their predictions range from $18.00 to $22.00. On average, they expect Physicians Realty Trust's stock price to reach $20.54 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 Medical Properties Trust (MPW), Healthcare Realty Trust (HR), National Health Investors (NHI), LTC Properties (LTC), CareTrust REIT (CTRE), Sabra Healthcare REIT (SBRA), Universal Health Realty Income Trust (UHT), Assura PLC (AGR), Primary Health Properties PLC (PHP), MedEquities Realty Trust (MRT), Community Healthcare Trust Incorporated (CHCT), 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
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 $18.02.
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, 10 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.77)|
|Consensus Price Target: ||$20.54 (13.99% upside)|Consensus Price Target History for Physicians Realty Trust (NYSE:DOC)
Analysts' Ratings History for Physicians Realty Trust (NYSE:DOC)
(Data available from 10/16/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||KeyCorp||Upgrade||Sector Weight -> Overweight||N/A|
|10/4/2017||Stifel Nicolaus||Reiterated Rating||Buy||$22.00||Low|
|9/26/2017||Cantor Fitzgerald||Reiterated Rating||Buy||$21.00||Low|
|9/25/2017||Capital One Financial Corporation||Initiated Coverage||Equal Weight||$19.50||Low|
|9/22/2017||Jefferies Group LLC||Reiterated Rating||Hold||$18.00 -> $19.00||Medium|
|9/13/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$21.00||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|
|7/11/2017||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: $1.16
(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)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||400.02% (Trailing 12 Months of Earnings) |
353.85% (Based on This Year's Estimates)
270.59% (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: 94.20%
(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 Monday, October, 16, 2017