Healthcare Trust Of America (NYSE:HTA) will release its earnings data after the market closes on Tuesday, April 24th. Analysts expect Healthcare Trust Of America to post earnings of $0.09 per share for the quarter.
Healthcare Trust Of America (NYSE:HTA) last posted its earnings results on Thursday, February 15th. The real estate investment trust reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.22). Healthcare Trust Of America had a net margin of 10.41% and a return on equity of 2.19%. The business had revenue of $173.77 million during the quarter, compared to analysts’ expectations of $176.07 million. On average, analysts expect Healthcare Trust Of America to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE:HTA opened at $24.57 on Friday. Healthcare Trust Of America has a 52 week low of $24.50 and a 52 week high of $32.88. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $5,122.30, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 3.65 and a beta of 0.20.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 10th. Shareholders of record on Tuesday, April 3rd were given a $0.305 dividend. The ex-dividend date of this dividend was Monday, April 2nd. This represents a $1.22 dividend on an annualized basis and a yield of 4.97%. Healthcare Trust Of America’s dividend payout ratio is currently 74.85%.
In other news, CEO Scott D. Peters sold 77,425 shares of Healthcare Trust Of America stock in a transaction on Monday, April 9th. The stock was sold at an average price of $26.28, for a total value of $2,034,729.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.
A number of research firms have commented on HTA. Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Thursday, March 29th. BMO Capital Markets set a $31.00 price objective on Healthcare Trust Of America and gave the company a “buy” rating in a research note on Monday, March 26th. Jefferies Group reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Healthcare Trust Of America in a research note on Monday, March 26th. Morgan Stanley dropped their price objective on Healthcare Trust Of America from $33.00 to $30.00 and set an “overweight” rating for the company in a research note on Tuesday, March 20th. Finally, Raymond James cut Healthcare Trust Of America from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $34.00 to $30.00 in a research note on Tuesday, February 27th. Six research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $31.82.
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Healthcare Trust Of America Company Profile
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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