$0.41 Earnings Per Share Expected for Healthcare Trust of America, Inc. (HTA) This Quarter

Wall Street analysts forecast that Healthcare Trust of America, Inc. (NYSE:HTA) will report $0.41 earnings per share (EPS) for the current quarter, according to Zacks. Five analysts have made estimates for Healthcare Trust of America’s earnings, with the highest EPS estimate coming in at $0.42 and the lowest estimate coming in at $0.40. Healthcare Trust of America reported earnings per share of $0.04 in the same quarter last year, which would suggest a positive year over year growth rate of 925%. The firm is expected to report its next quarterly earnings results on Tuesday, October 24th.

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 $1.67. For the next financial year, analysts expect that the business will post earnings of $1.76 per share, with EPS estimates ranging from $1.71 to $1.79. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Healthcare Trust of America.

Healthcare Trust of America (NYSE:HTA) last posted its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $139.90 million for the quarter, compared to the consensus estimate of $133.69 million. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The business’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.38 earnings per share.

A number of equities analysts recently weighed in on the company. Zacks Investment Research cut Healthcare Trust of America from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. BidaskClub raised Healthcare Trust of America from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. TheStreet cut Healthcare Trust of America from a “b-” rating to a “c” rating in a report on Monday, July 31st. Raymond James Financial, Inc. raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a report on Monday, July 17th. Finally, UBS AG raised Healthcare Trust of America from an “outperform” rating to a “strong-buy” rating in a report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $34.14.

Shares of Healthcare Trust of America (NYSE HTA) traded down 2.23% during mid-day trading on Friday, reaching $31.07. The company had a trading volume of 1,269,270 shares. Healthcare Trust of America has a 52 week low of $26.34 and a 52 week high of $34.35. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 152.30 and a beta of 0.32. The stock has a 50 day moving average of $30.44 and a 200-day moving average of $31.04.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, October 2nd will be issued a $0.305 dividend. The ex-dividend date of this dividend is Friday, September 29th. This is a positive change from Healthcare Trust of America’s previous quarterly dividend of $0.30. This represents a $1.22 dividend on an annualized basis and a yield of 3.93%. Healthcare Trust of America’s dividend payout ratio (DPR) is 571.43%.

In related news, CEO Scott D. Peters sold 55,240 shares of Healthcare Trust of America stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $32.06, for a total value of $1,770,994.40. Following the completion of the transaction, the chief executive officer now directly owns 405,092 shares in the company, valued at $12,987,249.52. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. V Wealth Management LLC purchased a new position in Healthcare Trust of America in the second quarter valued at $101,000. First Mercantile Trust Co. purchased a new position in Healthcare Trust of America in the second quarter valued at $132,000. US Bancorp DE boosted its holdings 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 valued at $135,000 after purchasing an additional 4,000 shares during the period. Public Employees Retirement Association of Colorado raised its stake in Healthcare Trust of America by 44.0% in the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 1,888 shares in the last quarter. Finally, Comerica Bank acquired a new stake in Healthcare Trust of America in the first quarter valued at $202,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

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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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