Medical Properties Trust, Inc. (NYSE:MPW) updated its FY17 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.29-1.31 for the period, compared to the Thomson Reuters consensus estimate of $1.33. Medical Properties Trust also updated its FY18 guidance to $1.42-1.46 EPS.
Several research analysts recently issued reports on the company. ValuEngine raised Medical Properties Trust from a hold rating to a buy rating in a research report on Thursday, August 3rd. Zacks Investment Research lowered Medical Properties Trust from a buy rating to a hold rating in a research report on Wednesday, August 2nd. BidaskClub raised Medical Properties Trust from a sell rating to a hold rating in a report on Monday, July 24th. Stifel Nicolaus reissued a hold rating and issued a $13.00 price objective on shares of Medical Properties Trust in a report on Friday, July 28th. Finally, JMP Securities raised Medical Properties Trust from a market perform rating to an outperform rating and set a $14.00 price objective on the stock in a report on Monday, July 17th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $14.20.
Medical Properties Trust, Inc. (NYSE MPW) opened at 12.44 on Friday. The stock has a market cap of $3.99 billion, a P/E ratio of 14.93 and a beta of 0.89. The stock has a 50 day moving average price of $12.85 and a 200 day moving average price of $13.04. Medical Properties Trust, Inc. has a 52-week low of $11.54 and a 52-week high of $15.74.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.32. The business had revenue of $166.80 million for the quarter, compared to analyst estimates of $163.08 million. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.32 EPS. On average, equities research analysts forecast that Medical Properties Trust, Inc. will post $0.88 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 15th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 7.72%. The ex-dividend date of this dividend was Tuesday, June 13th. Medical Properties Trust’s dividend payout ratio (DPR) is 115.66%.
In other news, CFO R Steven Hamner sold 85,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $13.36, for a total transaction of $1,135,600.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is owned by insiders.
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Medical Properties Trust Company Profile
Medical Properties Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in and owning net-leased healthcare facilities across the United States and selectively in foreign jurisdictions. The Company’s segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.
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