Physicians Realty Trust which can be found using ticker (DOC) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 21 and 14.5 and has a mean target at $16.40. Now with the previous closing price of $14.78 this indicates there is a potential upside of 11.0%. It’s also worth noting that there is a 50 day moving average of $15.23 while the 200 day moving average is $15.75. The market capitalization for the company is $3,651m. You can visit the company’s website by visiting: https://www.docreit.com
The potential market cap would be $4,051m based on the market consensus.
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the operating partnership), directly or through limited partnerships, limited liability companies or other subsidiaries. The Company is the sole general partner of the operating partnership and, as of September 30, 2020, owned approximately 97.4% of OP Units.
The company has a dividend yield of 6.22% with the ex dividend date set at 3-4-2023 (DMY).
Other points of data to note are a P/E ratio of 31.77, revenue per share of 2.32 and a 1.52% return on assets.