Healthcare Trust Of America Inc (HTA) Expected to Announce Earnings of $0.41 Per Share

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Wall Street analysts forecast that Healthcare Trust Of America Inc (NYSE:HTA) will announce earnings of $0.41 per share for the current quarter, Zacks reports. Six analysts have made estimates for Healthcare Trust Of America’s earnings, with the lowest EPS estimate coming in at $0.39 and the highest estimate coming in at $0.41. Healthcare Trust Of America posted earnings of $0.42 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 2.4%. The company is scheduled to announce its next quarterly earnings results on Thursday, February 21st.

According to Zacks, analysts expect that Healthcare Trust Of America will report full year earnings of $1.63 per share for the current year, with EPS estimates ranging from $1.61 to $1.64. For the next financial year, analysts forecast that the company will report earnings of $1.67 per share, with EPS estimates ranging from $1.61 to $1.71. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Healthcare Trust Of America.

Healthcare Trust Of America (NYSE:HTA) last issued its quarterly earnings data on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. Healthcare Trust Of America had a return on equity of 7.31% and a net margin of 34.48%. The company had revenue of $175.14 million for the quarter, compared to analysts’ expectations of $174.85 million.

Several research analysts have issued reports on the company. Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Monday, September 3rd. ValuEngine lowered Healthcare Trust Of America from a “hold” rating to a “sell” rating in a research report on Friday, September 7th. Jefferies Financial Group restated a “buy” rating and set a $34.00 target price on shares of Healthcare Trust Of America in a research report on Monday, August 13th. JPMorgan Chase & Co. boosted their target price on Healthcare Trust Of America from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, August 29th. Finally, TheStreet upgraded Healthcare Trust Of America from a “c+” rating to a “b” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $30.40.

Shares of NYSE:HTA traded down $0.44 during trading hours on Monday, hitting $28.65. 1,445,978 shares of the company’s stock traded hands, compared to its average volume of 1,556,848. Healthcare Trust Of America has a 1 year low of $24.06 and a 1 year high of $31.69. The firm has a market capitalization of $6.03 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 4.46 and a beta of 0.22. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.33 and a quick ratio of 1.33.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 9th. Shareholders of record on Wednesday, January 2nd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, December 31st. This represents a $1.24 annualized dividend and a dividend yield of 4.33%. Healthcare Trust Of America’s dividend payout ratio (DPR) is presently 76.07%.

Several large investors have recently made changes to their positions in the business. JNBA Financial Advisors purchased a new stake in shares of Healthcare Trust Of America in the third quarter valued at approximately $143,000. First Hawaiian Bank purchased a new stake in shares of Healthcare Trust Of America in the third quarter valued at approximately $190,000. Qube Research & Technologies Ltd purchased a new stake in shares of Healthcare Trust Of America in the second quarter valued at approximately $191,000. Engineers Gate Manager LP purchased a new stake in shares of Healthcare Trust Of America in the third quarter valued at approximately $203,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of Healthcare Trust Of America in the second quarter valued at approximately $210,000. Institutional investors and hedge funds own 95.39% of the company’s stock.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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