Stock in Focus: Healthcare Trust of America (NYSE: HTA)

On Friday, Shares of Healthcare Trust of America (NYSE: HTA) gained 0.94% to $28.06. The stock grabbed the investor’s attention and traded 1,614,707 shares as compared to its average daily volume of 1.42M shares.

Healthcare Trust of America Inc. (HTA) stated it had funds from operations of $68.30M, or 40 cents per share, in the period. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 41 cents per share. Funds from operations are a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $15.30M, or 7 cents per share.

The medical office building real estate investment trust posted revenue of $172.30M in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $173.0M.

For the year, the company stated funds from operations of $285.30M, or $1.62 per share. Revenue was stated as $696.40M. It anticipates full-year funds from operations in the range of $1.62 to $1.67 per share.

HTA has a market value of $5.79B while its EPS was booked as $1.01 in the last 12 months. The stock has 206.41M shares outstanding. In the profitability analysis, the company has gross profit margin of 68.30% while net profit margin was 34.60%. Beta value of the company was 0.53; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.20.


      

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