Medical Properties Trust, Inc. (NYSE:MPW) – Stock analysts at KeyCorp boosted their FY2018 earnings per share estimates for Medical Properties Trust in a note issued to investors on Thursday. KeyCorp analyst J. Sadler now expects that the real estate investment trust will earn $1.46 per share for the year, up from their previous estimate of $1.43. KeyCorp has a “Hold” rating on the stock.
Other equities research analysts also recently issued reports about the stock. ValuEngine raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Deutsche Bank downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $14.00 to $13.50 in a research report on Wednesday. Zacks Investment Research downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. raised shares of Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 target price for the company in a research report on Friday, December 15th. Finally, Robert W. Baird downgraded shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $15.00 to $13.00 in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $14.30.
Shares of Medical Properties Trust (NYSE:MPW) traded down $0.10 during mid-day trading on Friday, reaching $12.82. 2,253,900 shares of the company’s stock were exchanged, compared to its average volume of 2,465,650. Medical Properties Trust has a twelve month low of $11.90 and a twelve month high of $14.22. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.26. The company has a market cap of $4,620.00, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 1.64 and a beta of 0.96.
Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.01. Medical Properties Trust had a net margin of 39.95% and a return on equity of 7.36%. The business had revenue of $176.60 million during the quarter, compared to the consensus estimate of $172.57 million. During the same period in the prior year, the firm posted $0.30 EPS. The firm’s quarterly revenue was up 39.5% compared to the same quarter last year.
Several institutional investors have recently added to or reduced their stakes in the company. Ffcm LLC purchased a new stake in shares of Medical Properties Trust during the 3rd quarter valued at approximately $116,000. Investors Asset Management of Georgia Inc. GA ADV purchased a new stake in shares of Medical Properties Trust during the 4th quarter valued at approximately $138,000. Mcmillion Capital Management Inc. purchased a new stake in shares of Medical Properties Trust during the 3rd quarter valued at approximately $137,000. Janus Henderson Group PLC purchased a new stake in shares of Medical Properties Trust during the 2nd quarter valued at approximately $136,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Medical Properties Trust during the 2nd quarter valued at approximately $141,000. 81.20% of the stock is owned by hedge funds and other institutional investors.
The business also recently announced a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Thursday, December 7th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.49%. The ex-dividend date of this dividend was Wednesday, December 6th. Medical Properties Trust’s dividend payout ratio is currently 126.32%.
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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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