Brokerages Anticipate Medical Properties Trust, Inc. (MPW) Will Post Quarterly Sales of $196.92 Million
Analysts expect Medical Properties Trust, Inc. (NYSE:MPW) to post sales of $196.92 million for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for Medical Properties Trust’s earnings. The lowest sales estimate is $178.11 million and the highest is $206.87 million. Medical Properties Trust reported sales of $153.28 million during the same quarter last year, which would suggest a positive year over year growth rate of 28.5%. The business is scheduled to issue its next earnings report on Thursday, February 8th.
According to Zacks, analysts expect that Medical Properties Trust will report full year sales of $196.92 million for the current year, with estimates ranging from $677.89 million to $706.65 million. For the next year, analysts anticipate that the business will report sales of $794.48 million per share, with estimates ranging from $717.79 million to $839.24 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Medical Properties Trust.
Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.01. Medical Properties Trust had a return on equity of 7.36% and a net margin of 39.95%. The business had revenue of $176.60 million during the quarter, compared to the consensus estimate of $172.57 million. During the same period last year, the company earned $0.30 earnings per share. The business’s revenue for the quarter was up 39.5% compared to the same quarter last year.
Several research firms have recently weighed in on MPW. ValuEngine upgraded Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research downgraded Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $13.00 target price on shares of Medical Properties Trust in a research report on Friday, July 28th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $15.00 target price on shares of Medical Properties Trust in a research report on Friday, November 3rd. Finally, KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a research report on Sunday, September 17th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Medical Properties Trust has a consensus rating of “Hold” and an average price target of $14.18.
Shares of Medical Properties Trust (MPW) opened at $13.88 on Wednesday. Medical Properties Trust has a 52-week low of $11.57 and a 52-week high of $14.22. The firm has a market capitalization of $5,050.00, a price-to-earnings ratio of 10.69, a PEG ratio of 2.03 and a beta of 0.95. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.55 and a current ratio of 2.55.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Thursday, December 7th will be paid a dividend of $0.24 per share. The ex-dividend date is Wednesday, December 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.92%. Medical Properties Trust’s payout ratio is 126.32%.
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Several hedge funds have recently modified their holdings of MPW. Ffcm LLC purchased a new stake in shares of Medical Properties Trust during the third quarter worth about $116,000. IFP Advisors Inc grew its stake in shares of Medical Properties Trust by 12.1% during the second quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 1,093 shares during the last quarter. Blair William & Co. IL purchased a new stake in shares of Medical Properties Trust during the second quarter worth about $132,000. Janus Henderson Group PLC purchased a new stake in shares of Medical Properties Trust during the second quarter worth about $136,000. Finally, Mcmillion Capital Management Inc. purchased a new stake in shares of Medical Properties Trust during the third quarter worth about $137,000. Institutional investors and hedge funds own 84.31% of the company’s stock.
About Medical Properties Trust
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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