Equities research analysts expect that Healthcare Trust Of America Inc (NYSE:HTA) will report earnings of $0.41 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for Healthcare Trust Of America’s earnings, with estimates ranging from $0.41 to $0.42. Healthcare Trust Of America posted earnings of $0.42 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 2.4%. The company is scheduled to announce its next quarterly earnings results on Tuesday, October 23rd.

On average, analysts expect that Healthcare Trust Of America will report full year earnings of $1.64 per share for the current financial year, with EPS estimates ranging from $1.63 to $1.66. For the next fiscal year, analysts anticipate that the business will post earnings of $1.71 per share, with EPS estimates ranging from $1.69 to $1.73. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Healthcare Trust Of America.

Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.34). The company had revenue of $173.33 million during the quarter, compared to the consensus estimate of $176.30 million. Healthcare Trust Of America had a net margin of 11.65% and a return on equity of 2.46%. Healthcare Trust Of America’s revenue for the quarter was up 23.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share.

A number of brokerages recently issued reports on HTA. Zacks Investment Research raised Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Thursday, June 28th. ValuEngine raised Healthcare Trust Of America from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 26th. Raymond James lowered Healthcare Trust Of America from an “outperform” rating to a “market perform” rating in a research report on Monday, May 21st. Finally, Mitsubishi UFJ Financial Group reaffirmed a “neutral” rating and set a $28.00 target price (down from $30.00) on shares of Healthcare Trust Of America in a research report on Tuesday, July 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $30.83.

Shares of HTA stock traded down $0.01 on Wednesday, reaching $27.34. 53,388 shares of the company’s stock were exchanged, compared to its average volume of 1,302,904. Healthcare Trust Of America has a 52 week low of $24.06 and a 52 week high of $31.69. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $5.72 billion, a P/E ratio of 16.87, a P/E/G ratio of 4.19 and a beta of 0.22.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 4.54%. The ex-dividend date is Monday, October 1st. This is a boost from Healthcare Trust Of America’s previous quarterly dividend of $0.31. Healthcare Trust Of America’s payout ratio is 74.85%.

Several hedge funds have recently modified their holdings of HTA. Centersquare Investment Management LLC acquired a new position in shares of Healthcare Trust Of America in the 1st quarter valued at about $189,343,000. Millennium Management LLC lifted its holdings in shares of Healthcare Trust Of America by 2,612.9% in the 2nd quarter. Millennium Management LLC now owns 2,404,489 shares of the real estate investment trust’s stock valued at $64,825,000 after buying an additional 2,315,858 shares during the period. FMR LLC raised its holdings in Healthcare Trust Of America by 39.9% in the 2nd quarter. FMR LLC now owns 7,255,952 shares of the real estate investment trust’s stock worth $195,621,000 after purchasing an additional 2,070,452 shares during the period. Long Pond Capital LP acquired a new position in Healthcare Trust Of America in the 2nd quarter worth about $51,274,000. Finally, BlackRock Inc. raised its holdings in Healthcare Trust Of America by 4.4% in the 2nd quarter. BlackRock Inc. now owns 14,959,706 shares of the real estate investment trust’s stock worth $403,314,000 after purchasing an additional 625,147 shares during the period.

About Healthcare Trust Of America

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.2 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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

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