Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 24.9 million square feet of GLA, with $7.3 billion invested primarily in MOBs.
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Average dividend payer and slightly overvalued.
Share Price & News
How has Healthcare Trust of America's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HTA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HTA exceeded the US REITs industry which returned -9.7% over the past year.
Return vs Market: HTA underperformed the US Market which returned 9.3% over the past year.
Price Volatility Vs. Market
How volatile is Healthcare Trust of America's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDid You Manage To Avoid Healthcare Trust of America's (NYSE:HTA) 17% Share Price Drop?
3 months ago | Simply Wall StHealthcare Trust of America, Inc. Just Missed EPS By 26%: Here's What Analysts Think Will Happen Next
4 months ago | Simply Wall StBased On Its ROE, Is Healthcare Trust of America, Inc. (NYSE:HTA) A High Quality Stock?
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 ($26.8) is trading below our estimate of fair value ($36.89)
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 (161.5x) compared to the REITs industry average (27.7x).
PE vs Market: HTA is poor value based on its PE Ratio (161.5x) compared to the US market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: HTA is poor value based on its PEG Ratio (9x)
Price to Book Ratio
PB vs Industry: HTA is overvalued based on its PB Ratio (1.8x) compared to the US REITs industry average (1.3x).
How is Healthcare Trust of America forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTA's forecast earnings growth (17.9% per year) is above the savings rate (2.2%).
Earnings vs Market: HTA's earnings (17.9% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: HTA's earnings are forecast to grow, but not significantly.
Revenue vs Market: HTA's revenue (5.7% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: HTA's revenue (5.7% 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 (2.3%).
How has Healthcare Trust of America performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HTA has a large one-off loss of $19.8M impacting its March 31 2020 financial results.
Growing Profit Margin: HTA's current net profit margins (4.9%) are lower than last year (31.4%).
Past Earnings Growth Analysis
Earnings Trend: HTA's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: HTA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HTA had negative earnings growth (-84.1%) over the past year, making it difficult to compare to the REITs industry average (5.3%).
Return on Equity
High ROE: HTA's Return on Equity (1%) is considered low.
How is Healthcare Trust of America's financial position?
Financial Position Analysis
Short Term Liabilities: HTA's short term assets ($411.0M) exceed its short term liabilities ($182.1M).
Long Term Liabilities: HTA's short term assets ($411.0M) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: HTA's debt to equity ratio (87.5%) is considered high.
Reducing Debt: HTA's debt to equity ratio has reduced from 101.1% to 87.5% over the past 5 years.
Debt Coverage: HTA's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: HTA's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Healthcare Trust of America's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HTA's dividend (4.7%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: HTA's dividend (4.7%) is in the top 25% of dividend payers in the US market (4.55%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HTA has been paying a dividend for less than 10 years.
Growing Dividend: HTA's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79%), HTA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HTA's dividends in 3 years are forecast to be thoroughly covered by earnings (0.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Peters (61yo)
Mr. Scott D. Peters has been the Chief Executive Officer at Healthcare Trust of America, Inc., General Partner of Healthcare Trust of America Holdings, LP since April 2006, President since June 2007 and th ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD6.44M) is about average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
|CFO, Secretary & Treasurer||5.75yrs||US$2.05m||0.078% $4.6m|
|Executive Vice President of Asset Management||8.5yrs||US$1.73m||0.057% $3.4m|
|Vice President of Operations||no data||no data||no data|
|Chief Accounting Officer||2.92yrs||no data||no data|
|Senior Vice President-Acquisitions & Development||no data||no data||no data|
|Senior Vice President of Leasing||5.75yrs||no data||no data|
|Senior Vice President of Leasing & Acquisitions (East Coast)||3.17yrs||no data||no data|
|Head of Business Development||no data||no data||no data|
|Corporate Vice President of Asset Management & Controller||5.83yrs||no data||no data|
Experienced Management: HTA's management team is seasoned and experienced (5.8 years average tenure).
|Independent Director||13.75yrs||US$194.00k||0.032% $1.9m|
|Lead Independent Director||5.5yrs||US$230.50k||0.031% $1.8m|
|Independent Director||13.75yrs||US$179.00k||0.026% $1.6m|
|Independent Director||13.17yrs||US$177.50k||0.028% $1.6m|
|Independent Director||13.67yrs||US$199.00k||0.034% $2.0m|
|Independent Director||5.17yrs||US$195.50k||0.0089% $531.5k|
|Independent Director||0.42yr||no data||0.00077% $45.8k|
|Independent Director||0.42yr||no data||0.00077% $45.8k|
|Independent Director||2.25yrs||US$173.00k||0.0056% $334.5k|
Experienced Board: HTA's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HTA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.3%.
Healthcare Trust of America, Inc.'s company bio, 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$5.952b
- Market Cap: US$5.855b
- Shares outstanding: 222.08m
- Website: https://www.htareit.com
Number of Employees
- Healthcare Trust of America, Inc.
- 16435 North Scottsdale Road
- Suite 320
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HTA||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Jun 2012|
|HT01||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Jun 2012|
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 24.9 million square feet of GLA, with $7.3 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. The strategic markets HTA invests in support a strong, long-term demand for quality medical office space. HTA utilizes an integrated asset management platform consisting of on-site leasing, property management, engineering and building services, and development capabilities to create complete, state of the art facilities in each market. This drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth and long-term value creation. Headquartered in Scottsdale, Arizona, HTA has developed a national brand with dedicated relationships at the local level. Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that have outperformed the S&P 500 and US REIT index.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 05:25|
|End of Day Share Price||2020/06/01 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.