Jefferies Group Comments on Medical Properties Trust, Inc.’s Q3 2017 Earnings (MPW)

Medical Properties Trust, Inc. (NYSE:MPW) – Stock analysts at Jefferies Group lowered their Q3 2017 earnings per share (EPS) estimates for shares of Medical Properties Trust in a research note issued to investors on Monday. Jefferies Group analyst O. Okusanya now anticipates that the real estate investment trust will earn $0.30 per share for the quarter, down from their prior estimate of $0.31. Jefferies Group currently has a “Buy” rating and a $15.00 target price on the stock.

Other analysts also recently issued research reports about the stock. BidaskClub downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. ValuEngine upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a research report on Sunday, September 17th. Zacks Investment Research cut shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $13.00 price objective on shares of Medical Properties Trust in a research report on Friday, July 28th. Two 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. Medical Properties Trust has an average rating of “Hold” and a consensus target price of $14.10.

TRADEMARK VIOLATION NOTICE: “Jefferies Group Comments on Medical Properties Trust, Inc.’s Q3 2017 Earnings (MPW)” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.dispatchtribunal.com/2017/10/27/jefferies-group-comments-on-medical-properties-trust-inc-s-q3-2017-earnings-mpw.html.

Shares of Medical Properties Trust (NYSE:MPW) opened at 13.31 on Tuesday. Medical Properties Trust has a 1-year low of $11.54 and a 1-year high of $15.04. The company has a market cap of $4.66 billion, a PE ratio of 16.27 and a beta of 0.88. The company has a 50 day moving average of $13.11 and a 200 day moving average of $13.10.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. Medical Properties Trust had a net margin of 42.25% and a return on equity of 7.54%. The business had revenue of $166.80 million during the quarter, compared to analysts’ expectations of $163.08 million. During the same quarter last year, the company earned $0.32 earnings per share. The firm’s revenue was up 32.1% on a year-over-year basis.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 7.21%. The ex-dividend date of this dividend was Wednesday, September 13th. Medical Properties Trust’s dividend payout ratio (DPR) is currently 115.66%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. IFP Advisors Inc increased its position in Medical Properties Trust by 12.1% in the 2nd quarter. IFP Advisors Inc now owns 10,102 shares of the real estate investment trust’s stock valued at $130,000 after acquiring an additional 1,093 shares during the period. Blair William & Co. IL acquired a new position in Medical Properties Trust in the 2nd quarter valued at approximately $132,000. Janus Henderson Group PLC acquired a new position in Medical Properties Trust in the 2nd quarter valued at approximately $136,000. Cetera Investment Advisers acquired a new position in Medical Properties Trust in the 2nd quarter valued at approximately $141,000. Finally, Cutter & CO Brokerage Inc. increased its position in Medical Properties Trust by 10.3% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 11,081 shares of the real estate investment trust’s stock valued at $143,000 after acquiring an additional 1,031 shares during the period. Hedge funds and other institutional investors own 83.69% of the company’s stock.

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)

Receive News & Ratings for Medical Properties Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply