Wall Street brokerages expect Medical Properties Trust, Inc. (NYSE: MPW) to report earnings of $ 0.44 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts provided earnings estimates for Medical Properties Trust. The highest EPS estimate is $ 0.45 and the lowest is $ 0.44. Medical Properties Trust reported earnings of $ 0.41 per share in the same quarter last year, which would indicate a positive growth rate of 7.3% year-over-year. The company is expected to announce its next quarterly earnings report on Thursday, November 4.
According to Zacks, analysts expect Medical Properties Trust to report annual earnings of $ 1.75 per share for the current year, with EPS estimates ranging from $ 1.74 to $ 1.77. For next year, analysts predict the company will post earnings of $ 1.86 per share, with EPS estimates ranging from $ 1.81 to $ 1.94. Zacks’ earnings per share calculations are an average based on a survey of seller-side research companies that provide coverage for Medical Properties Trust.
Medical Properties Trust (NYSE: MPW) last reported its quarterly results on Thursday, July 29. The REIT reported EPS of $ 0.19 for the quarter, missing the Thomson Reuters consensus estimate of $ 0.43 ($ 0.24). Medical Properties Trust recorded a return on equity of 6.63% and a net margin of 36.89%.
Several research analysts recently published reports on MPW stocks. Bank of America downgraded Medical Properties Trust’s shares from a “buy” rating to a “neutral” rating and set a target price of $ 21.50 for the stock. in a research note on Tuesday July 6. Deutsche Bank Aktiengesellschaft raised its target price on shares of Medical Properties Trust from $ 25.00 to $ 27.00 and gave the company a “buy” rating in a research report on Thursday, June 3. Zacks Investment Research downgraded Medical Properties Trust from a “buy” rating to a “keep” rating in a report released Thursday, August 5. Royal Bank of Canada upgraded Medical Properties Trust from a “sector performance” rating to an “outperformance” rating and set a target price of $ 23.00 for the company in a research report released on Wednesday August 11. . They noted that the move was an appraisal call. Finally, Mizuho reaffirmed a “buy” note and issued a price target of $ 23.00 on shares of Medical Properties Trust in a research note on Wednesday, July 14. Three analysts rated the stock with a conservation rating and five issued a buy rating for the stock. Based on MarketBeat data, Medical Properties Trust has an average rating of “Buy” and an average target price of $ 23.50.
MPW traded down $ 0.39 during the Friday midday session, reaching $ 20.07. The company had a trading volume of 7,928,337 shares, compared to its average volume of 4,271,241. The company has a leverage ratio of 1.22, a quick ratio of 3.95 and a current ratio of 3.95. The company has a market cap of $ 11.96 billion, a PE ratio of 21.82, a P / E / G ratio of 1.65, and a beta of 0.50. Medical Properties Trust has a twelve month minimum of $ 16.10 and a twelve month maximum of $ 22.82. The company’s 50-day simple moving average is $ 20.53 and its 200-day simple moving average is $ 21.03.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 14. Shareholders of record on Thursday, September 16 will receive a dividend of $ 0.28 per share. This represents a dividend of $ 1.12 on an annualized basis and a return of 5.58%. The ex-dividend date is Wednesday September 15. Medical Properties Trust’s dividend payout ratio (DPR) is 71.34%.
A number of large investors have recently increased or reduced their holdings in MPW. Marshall Wace LLP purchased a new equity interest in Medical Properties Trust during the first quarter valued at $ 148,000. Natixis Advisors LP increased its position in shares of Medical Properties Trust by 16.8% during the first quarter. Natixis Advisors LP now owns 44,996 real estate investment trust shares worth $ 957,000 after acquiring an additional 6,457 shares during the period. Cullen Frost Bankers Inc. increased its position in shares of Medical Properties Trust by 103.1% in the first quarter. Cullen Frost Bankers Inc. now owns 2,177 Real Estate Investment Trust shares valued at $ 46,000 after acquiring an additional 1,105 shares during the period. Commerce Bank purchased a new equity stake in Medical Properties Trust during the first quarter valued at $ 204,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Medical Properties Trust by 18.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 326,012 real estate investment trust shares valued at $ 6,938,000 after acquiring an additional 51,107 shares during the period. Institutional investors hold 78.82% of the company’s shares.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust, which engages in the investment, acquisition and development of net rental healthcare facilities. Its real estate portfolio includes rehabilitation hospitals; long-term acute care hospitals; outpatient surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other monodisciplinary institutions.
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