Medical Properties Trust, Inc. (MPW) Forecasted to Post FY2017 Earnings of $1.37 Per Share

Medical Properties Trust, Inc. (NYSE:MPW) – KeyCorp issued their FY2017 earnings estimates for Medical Properties Trust in a report released on Thursday. KeyCorp analyst J. Sadler anticipates that the real estate investment trust will post earnings per share of $1.37 for the year. KeyCorp also issued estimates for Medical Properties Trust’s Q4 2017 earnings at $0.38 EPS and Q1 2018 earnings at $0.38 EPS.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The firm had revenue of $176.60 million during the quarter, compared to analysts’ expectations of $172.57 million. Medical Properties Trust had a net margin of 39.95% and a return on equity of 7.36%. The business’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.30 earnings per share.

MPW has been the subject of several other research reports. ValuEngine upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Deutsche Bank cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating and lowered their price target for the stock from $14.00 to $13.50 in a report on Wednesday, January 10th. JPMorgan Chase & Co. upgraded shares of Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price target for the company in a report on Friday, December 15th. Finally, Robert W. Baird cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $15.00 to $13.00 in a report on Friday, January 5th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Medical Properties Trust currently has a consensus rating of “Hold” and an average target price of $14.30.

Medical Properties Trust (MPW) opened at $12.82 on Monday. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.26. Medical Properties Trust has a twelve month low of $11.90 and a twelve month high of $14.22. The firm has a market cap of $4,670.00, a P/E ratio of 16.87, a P/E/G ratio of 1.57 and a beta of 0.96.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of Medical Properties Trust by 267.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 249,614 shares of the real estate investment trust’s stock valued at $3,211,000 after buying an additional 181,611 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Medical Properties Trust by 13.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 53,123 shares of the real estate investment trust’s stock valued at $684,000 after buying an additional 6,242 shares in the last quarter. Schroder Investment Management Group acquired a new position in shares of Medical Properties Trust in the 2nd quarter valued at $1,519,000. CIBC World Markets Inc. acquired a new position in shares of Medical Properties Trust in the 2nd quarter valued at $264,000. Finally, Riverhead Capital Management LLC boosted its holdings in shares of Medical Properties Trust by 98.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 31,718 shares of the real estate investment trust’s stock valued at $408,000 after buying an additional 15,718 shares in the last quarter. Institutional investors own 81.20% of the company’s stock.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 7.49%. The ex-dividend date of this dividend was Wednesday, December 6th. Medical Properties Trust’s dividend payout ratio (DPR) is presently 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.

Earnings History and Estimates for Medical Properties Trust (NYSE:MPW)

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