Medical Properties Trust, Inc. (NYSE:MPW) announced its quarterly earnings results on Thursday. The real estate investment trust reported $0.33 EPS for the quarter, beating the consensus estimate of $0.32 by $0.01, Briefing.com reports. Medical Properties Trust had a return on equity of 7.36% and a net margin of 39.95%. The company had revenue of $176.60 million for the quarter, compared to the consensus estimate of $172.57 million. During the same quarter last year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 39.5% compared to the same quarter last year. Medical Properties Trust updated its FY17 guidance to $1.30-1.32 EPS and its FY18 guidance to $1.42-1.46 EPS.
Shares of Medical Properties Trust (NYSE MPW) traded up $0.42 during mid-day trading on Friday, reaching $13.59. The company had a trading volume of 3,008,031 shares, compared to its average volume of 1,710,000. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.06 and a current ratio of 2.55. Medical Properties Trust has a 52-week low of $11.54 and a 52-week high of $14.22. The company has a market capitalization of $4.95 billion, a PE ratio of 10.43, a P/E/G ratio of 2.00 and a beta of 0.95.
The company also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Investors of record on Thursday, September 14th were given a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, September 13th. This represents a $0.96 annualized dividend and a yield of 7.06%. Medical Properties Trust’s dividend payout ratio (DPR) is currently 118.52%.
Several equities research analysts have recently weighed in on MPW shares. SunTrust Banks, Inc. reissued a “buy” rating and issued a $15.00 price objective on shares of Medical Properties Trust in a research report on Friday. Zacks Investment Research cut Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $13.00 price objective on shares of Medical Properties Trust in a research report on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $14.18.
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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