Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 billion invested primarily in MOBs.
Healthcare Trust of America Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$33.24|
|52 Week High||US$23.39|
|52 Week Low||US$33.84|
|1 Month Change||10.99%|
|3 Month Change||16.06%|
|1 Year Change||34.63%|
|3 Year Change||24.26%|
|5 Year Change||12.22%|
|Change since IPO||67.54%|
Recent News & Updates
Healthcare Trust Of America: Banking On A Resurgent Healthcare Sector
Healthcare Trust of America is a leading mREIT with presence in key US markets. The REIT mainly focuses on the Medical Office Building segment. It has a robust FFO and dividend growth track record.
|HTA||US REITs||US Market|
Return vs Industry: HTA underperformed the US REITs industry which returned 37.7% over the past year.
Return vs Market: HTA exceeded the US Market which returned 33.4% over the past year.
Stable Share Price: HTA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HTA's weekly volatility (3%) has been stable over the past year.
About the Company
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations. Investments are targeted to build critical mass in 20 to 25 leading gateway markets that generally have leading university and medical institutions, which translates to superior demographics, high-quality graduates, intellectual talent and job growth.
Healthcare Trust of America Fundamentals Summary
|HTA fundamental statistics|
Is HTA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HTA income statement (TTM)|
|Cost of Revenue||US$231.38m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
|Earnings per share (EPS)||0.37|
|Net Profit Margin||10.75%|
How did HTA perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is Healthcare Trust of America undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HTA ($33.24) is trading below our estimate of fair value ($54.8)
Significantly Below Fair Value: HTA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HTA is poor value based on its PE Ratio (90.9x) compared to the US REITs industry average (52.8x).
PE vs Market: HTA is poor value based on its PE Ratio (90.9x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: HTA is poor value based on its PEG Ratio (14.1x)
Price to Book Ratio
PB vs Industry: HTA is overvalued based on its PB Ratio (2.4x) compared to the US REITs industry average (2.1x).
How is Healthcare Trust of America forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTA's forecast earnings growth (6.4% per year) is above the savings rate (2%).
Earnings vs Market: HTA's earnings (6.4% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: HTA's earnings are forecast to grow, but not significantly.
Revenue vs Market: HTA's revenue (7.1% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: HTA's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HTA's Return on Equity is forecast to be low in 3 years time (3.8%).
How has Healthcare Trust of America performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HTA has high quality earnings.
Growing Profit Margin: HTA's current net profit margins (10.7%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: HTA's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: HTA's earnings growth over the past year (155.2%) exceeds its 5-year average (3.5% per year).
Earnings vs Industry: HTA earnings growth over the past year (155.2%) exceeded the REITs industry 8.3%.
Return on Equity
High ROE: HTA's Return on Equity (2.6%) is considered low.
How is Healthcare Trust of America's financial position?
Financial Position Analysis
Short Term Liabilities: HTA's short term assets ($325.3M) exceed its short term liabilities ($189.0M).
Long Term Liabilities: HTA's short term assets ($325.3M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: HTA's debt to equity ratio (97.6%) is considered high.
Reducing Debt: HTA's debt to equity ratio has increased from 95.1% to 97.6% over the past 5 years.
Debt Coverage: HTA's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: HTA's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Healthcare Trust of America current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HTA's dividend (3.91%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: HTA's dividend (3.91%) is in the top 25% of dividend payers in the US market (3.48%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HTA has been paying a dividend for less than 10 years.
Growing Dividend: HTA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.8%), HTA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HTA's dividends in 3 years are forecast to be covered by earnings (71.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Foss (77 yo)
Mr. Peter N. Foss has been Director of Healthcare Trust of America, Inc., General Partner of Healthcare Trust of America Holdings, LP since April 2015, AVINTIV Inc. since December 2014, AVINTIV Specialty M...
Experienced Management: HTA's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: HTA's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Healthcare Trust of America, Inc.'s employee growth, exchange listings and data sources
- Name: Healthcare Trust of America, Inc.
- Ticker: HTA
- Exchange: NYSE
- Founded: 2006
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: US$7.390b
- Market Cap: US$7.275b
- Shares outstanding: 222.35m
- Website: https://www.htareit.com
Number of Employees
- Healthcare Trust of America, Inc.
- 16435 North Scottsdale Road
- Suite 320
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 22:39|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.