Medical Properties Trust, Inc. (NYSE:MPW) Expected to Announce Earnings of $0.45 Per Share

Equities analysts forecast that Medical Properties Trust, Inc. (NYSE:MPW) will announce earnings of $0.45 per share for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Medical Properties Trust’s earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.46. Medical Properties Trust posted earnings of $0.41 per share during the same quarter last year, which indicates a positive year over year growth rate of 9.8%. The business is expected to announce its next quarterly earnings report on Thursday, November 4th.

According to Zacks, analysts expect that Medical Properties Trust will report full year earnings of $1.75 per share for the current financial year, with EPS estimates ranging from $1.73 to $1.80. For the next year, analysts anticipate that the company will post earnings of $1.87 per share, with EPS estimates ranging from $1.83 to $1.94. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Medical Properties Trust.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, July 29th. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.24). Medical Properties Trust had a return on equity of 6.63% and a net margin of 36.89%.

MPW has been the topic of a number of recent analyst reports. Mizuho reissued a “buy” rating and set a $23.00 price target on shares of Medical Properties Trust in a research report on Wednesday, July 14th. Royal Bank of Canada upgraded Medical Properties Trust from a “sector perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research note on Wednesday, August 11th. They noted that the move was a valuation call. Zacks Investment Research lowered Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 5th. Finally, Bank of America lowered Medical Properties Trust from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a report on Tuesday, July 6th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $23.50.

Several hedge funds have recently modified their holdings of MPW. Allworth Financial LP purchased a new stake in Medical Properties Trust during the second quarter valued at about $26,000. Bedel Financial Consulting Inc. raised its position in Medical Properties Trust by 400.0% during the second quarter. Bedel Financial Consulting Inc. now owns 1,500 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,200 shares in the last quarter. Penserra Capital Management LLC raised its position in Medical Properties Trust by 42.1% during the second quarter. Penserra Capital Management LLC now owns 1,876 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 556 shares in the last quarter. North Star Investment Management Corp. raised its position in Medical Properties Trust by 290.0% during the second quarter. North Star Investment Management Corp. now owns 1,950 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,450 shares in the last quarter. Finally, Smith Asset Management Group LP purchased a new stake in Medical Properties Trust during the second quarter valued at about $40,000. Institutional investors own 78.82% of the company’s stock.

Shares of Medical Properties Trust stock traded up $0.21 during trading hours on Friday, reaching $20.56. The company’s stock had a trading volume of 49,829 shares, compared to its average volume of 4,267,119. Medical Properties Trust has a one year low of $17.13 and a one year high of $22.82. The company has a market capitalization of $12.25 billion, a P/E ratio of 22.12, a P/E/G ratio of 1.65 and a beta of 0.50. The stock’s fifty day simple moving average is $20.40 and its two-hundred day simple moving average is $20.89. The company has a debt-to-equity ratio of 1.22, a quick ratio of 3.95 and a current ratio of 3.95.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 14th. Investors of record on Thursday, September 16th will be given a $0.28 dividend. The ex-dividend date of this dividend is Wednesday, September 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 5.45%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 71.34%.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities.

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

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