Healthcare Trust of America, Inc. (HTA) Expected to Announce Earnings of $0.42 Per Share

Wall Street brokerages forecast that Healthcare Trust of America, Inc. (NYSE:HTA) will announce earnings per share (EPS) of $0.42 for the current quarter, Zacks reports. Five analysts have made estimates for Healthcare Trust of America’s earnings. The lowest EPS estimate is $0.41 and the highest is $0.43. Healthcare Trust of America reported earnings of $0.11 per share during the same quarter last year, which would indicate a positive year over year growth rate of 281.8%. The firm is expected to announce its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Healthcare Trust of America will report full-year earnings of $1.64 per share for the current year, with EPS estimates ranging from $1.62 to $1.66. For the next fiscal year, analysts anticipate that the company will post earnings of $1.77 per share, with EPS estimates ranging from $1.72 to $1.82. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Healthcare Trust of America.

Healthcare Trust of America (NYSE:HTA) last announced its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). Healthcare Trust of America had a return on equity of 1.50% and a net margin of 6.75%. The business had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $163.62 million. During the same period in the previous year, the firm posted $0.40 earnings per share. The firm’s revenue was up 48.8% compared to the same quarter last year.

A number of analysts have recently issued reports on HTA shares. BidaskClub lowered Healthcare Trust of America from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 8th. FBR & Co began coverage on Healthcare Trust of America in a report on Tuesday, July 11th. They issued a “mkt perform” rating and a $32.00 price objective for the company. Stifel Nicolaus lowered their price objective on Healthcare Trust of America from $36.00 to $34.00 and set a “buy” rating for the company in a report on Wednesday, July 12th. UBS AG raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating in a report on Monday, July 17th. Finally, Raymond James Financial, Inc. raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a report on Monday, July 17th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company’s stock. Healthcare Trust of America currently has an average rating of “Buy” and an average price target of $34.20.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Westpac Banking Corp acquired a new position in shares of Healthcare Trust of America during the second quarter worth approximately $7,499,000. Legal & General Group Plc lifted its position in Healthcare Trust of America by 39.9% in the second quarter. Legal & General Group Plc now owns 532,683 shares of the real estate investment trust’s stock worth $16,572,000 after purchasing an additional 151,890 shares during the period. US Bancorp DE lifted its position in Healthcare Trust of America by 1,142.9% in the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 4,000 shares during the period. Swiss National Bank lifted its position in Healthcare Trust of America by 36.5% in the second quarter. Swiss National Bank now owns 318,786 shares of the real estate investment trust’s stock worth $9,917,000 after purchasing an additional 85,200 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Healthcare Trust of America by 5,675.3% in the second quarter. JPMorgan Chase & Co. now owns 6,025,724 shares of the real estate investment trust’s stock worth $187,461,000 after purchasing an additional 5,921,387 shares during the period. Institutional investors and hedge funds own 97.78% of the company’s stock.

Shares of Healthcare Trust of America (NYSE HTA) traded up $0.21 during midday trading on Friday, hitting $30.08. The stock had a trading volume of 885,177 shares, compared to its average volume of 1,448,787. Healthcare Trust of America has a twelve month low of $26.34 and a twelve month high of $33.00. The stock has a market capitalization of $6,036.18, a price-to-earnings ratio of 18.34, a price-to-earnings-growth ratio of 4.57 and a beta of 0.31. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.305 per share. The ex-dividend date is Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 4.06%. Healthcare Trust of America’s dividend payout ratio is presently 508.35%.

About Healthcare Trust of America

Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.

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Earnings History and Estimates for Healthcare Trust of America (NYSE:HTA)

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