Healthcare Trust Of America Inc (HTA) Expected to Post Earnings of $0.42 Per Share

Equities research analysts expect Healthcare Trust Of America Inc (NYSE:HTA) to post $0.42 earnings per share for the current quarter, Zacks reports. Five analysts have made estimates for Healthcare Trust Of America’s earnings, with estimates ranging from $0.41 to $0.43. Healthcare Trust Of America also posted earnings per share of $0.42 in the same quarter last year. The business is scheduled to issue its next quarterly earnings report on Wednesday, February 21st.

On average, analysts expect that Healthcare Trust Of America will report full year earnings of $1.65 per share for the current year, with EPS estimates ranging from $1.63 to $1.66. For the next financial year, analysts forecast that the company will post earnings of $1.77 per share, with EPS estimates ranging from $1.73 to $1.82. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Healthcare Trust Of America.

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

A number of research analysts have weighed in on the stock. BMO Capital Markets reissued a “buy” rating and set a $33.00 target price on shares of Healthcare Trust Of America in a research report on Tuesday, January 9th. TheStreet raised shares of Healthcare Trust Of America from a “c” rating to a “b-” rating in a research report on Tuesday, October 24th. SunTrust Banks set a $36.00 target price on shares of Healthcare Trust Of America and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Zacks Investment Research raised shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Tuesday, January 9th. Finally, Capital One Financial reissued an “equal weight” rating and set a $31.00 target price on shares of Healthcare Trust Of America in a research report on Monday, September 25th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $33.90.

Large investors have recently bought and sold shares of the company. Zions Bancorporation bought a new position in shares of Healthcare Trust Of America during the 3rd quarter worth about $120,000. Stephens Inc. AR bought a new position in shares of Healthcare Trust Of America during the 2nd quarter worth about $207,000. 1st Global Advisors Inc. bought a new position in shares of Healthcare Trust Of America during the 2nd quarter worth about $229,000. First Allied Advisory Services Inc. increased its holdings in shares of Healthcare Trust Of America by 1.8% during the 2nd quarter. First Allied Advisory Services Inc. now owns 7,875 shares of the real estate investment trust’s stock worth $243,000 after purchasing an additional 137 shares during the period. Finally, Profund Advisors LLC bought a new position in shares of Healthcare Trust Of America during the 2nd quarter worth about $294,000. Institutional investors own 98.36% of the company’s stock.

Healthcare Trust Of America (NYSE HTA) traded down $0.30 during trading on Monday, reaching $27.29. 1,770,300 shares of the company’s stock were exchanged, compared to its average volume of 1,395,856. The firm has a market cap of $5,590.00, a price-to-earnings ratio of 113.71, a price-to-earnings-growth ratio of 3.85 and a beta of 0.32. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30. Healthcare Trust Of America has a 52-week low of $27.09 and a 52-week high of $33.00.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd were issued a dividend of $0.305 per share. The ex-dividend date was Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 4.47%. Healthcare Trust Of America’s payout ratio is 508.33%.

ILLEGAL ACTIVITY NOTICE: This report was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at https://sportsperspectives.com/2018/01/15/healthcare-trust-of-america-inc-hta-expected-to-post-earnings-of-0-42-per-share.html.

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.

Get a free copy of the Zacks research report on Healthcare Trust Of America (HTA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Healthcare Trust Of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust Of America and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply