Wall Street brokerages predict that Healthcare Trust Of America Inc (NYSE:HTA) will report sales of $174.85 million for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Healthcare Trust Of America’s earnings. The highest sales estimate is $177.02 million and the lowest is $172.60 million. Healthcare Trust Of America posted sales of $175.99 million during the same quarter last year, which would indicate a negative year over year growth rate of 0.6%. The company is scheduled to report its next earnings results after the market closes on Thursday, October 25th.

According to Zacks, analysts expect that Healthcare Trust Of America will report full-year sales of $699.46 million for the current fiscal year, with estimates ranging from $694.01 million to $712.00 million. For the next financial year, analysts anticipate that the firm will post sales of $717.95 million, with estimates ranging from $705.92 million to $740.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms 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 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 analyst estimates of $176.30 million. Healthcare Trust Of America had a return on equity of 2.46% and a net margin of 11.65%. The business’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 EPS.

HTA has been the topic of several research reports. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Monday, September 3rd. ValuEngine cut shares of Healthcare Trust Of America from a “hold” rating to a “sell” rating in a research report on Friday, September 7th. Jefferies Financial Group reiterated a “buy” rating and issued a $34.00 price target on shares of Healthcare Trust Of America in a research report on Monday, August 13th. Mitsubishi UFJ Financial Group reiterated a “neutral” rating and issued a $28.00 price target (down from $30.00) on shares of Healthcare Trust Of America in a research report on Tuesday, July 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Healthcare Trust Of America from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 29th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $30.70.

HTA stock opened at $25.79 on Thursday. The stock has a market capitalization of $5.53 billion, a P/E ratio of 15.83, a P/E/G ratio of 4.06 and a beta of 0.22. Healthcare Trust Of America has a fifty-two week low of $24.06 and a fifty-two week high of $31.69. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.41 and a quick ratio of 1.41.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were given a $0.31 dividend. The ex-dividend date was Monday, October 1st. This is a boost from Healthcare Trust Of America’s previous quarterly dividend of $0.31. This represents a $1.24 annualized dividend and a yield of 4.81%. Healthcare Trust Of America’s payout ratio is 76.07%.

Institutional investors have recently modified their holdings of the business. Legacy Advisors LLC bought a new stake in Healthcare Trust Of America in the second quarter worth about $108,000. McKinley Carter Wealth Services Inc. acquired a new stake in Healthcare Trust Of America during the 1st quarter worth about $120,000. Northwest Wealth Management LLC acquired a new stake in Healthcare Trust Of America during the 2nd quarter worth about $155,000. Qube Research & Technologies Ltd acquired a new stake in Healthcare Trust Of America during the 2nd quarter worth about $191,000. Finally, First Hawaiian Bank acquired a new stake in Healthcare Trust Of America during the 3rd quarter worth about $190,000.

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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