Jefferies Group Brokers Increase Earnings Estimates for Medical Properties Trust, Inc. (MPW)

Medical Properties Trust, Inc. (NYSE:MPW) – Stock analysts at Jefferies Group lifted their FY2017 EPS estimates for Medical Properties Trust in a report released on Monday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will post earnings per share of $1.36 for the year, up from their previous forecast of $1.33. Jefferies Group currently has a “Buy” rating and a $15.00 target price on the stock. Jefferies Group also issued estimates for Medical Properties Trust’s Q4 2017 earnings at $0.37 EPS, FY2018 earnings at $1.45 EPS and FY2019 earnings at $1.45 EPS.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share (EPS) 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 analyst estimates of $172.57 million. Medical Properties Trust had a return on equity of 7.36% and a net margin of 39.95%. The firm’s quarterly revenue was up 39.5% on a year-over-year basis. During the same period last year, the company posted $0.30 EPS. TRADEMARK VIOLATION WARNING: “Jefferies Group Brokers Increase Earnings Estimates for Medical Properties Trust, Inc. (MPW)” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.dispatchtribunal.com/2017/11/16/jefferies-group-brokers-increase-earnings-estimates-for-medical-properties-trust-inc-mpw.html.

A number of other brokerages have also issued reports on MPW. Royal Bank Of Canada reaffirmed a “buy” rating and set a $16.00 price target on shares of Medical Properties Trust in a research note on Monday, July 24th. ValuEngine raised Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. BidaskClub raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $15.00 price target on shares of Medical Properties Trust in a research note on Friday, November 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $13.00 price target on shares of Medical Properties Trust in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $14.18.

Medical Properties Trust (NYSE MPW) opened at $13.52 on Tuesday. 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 stock has a market capitalization of $4,956.17, a price-to-earnings ratio of 10.55, a price-to-earnings-growth ratio of 2.00 and a beta of 0.95. Medical Properties Trust has a one year low of $11.57 and a one year high of $14.22.

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Medical Properties Trust by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 57,790,855 shares of the real estate investment trust’s stock valued at $743,768,000 after acquiring an additional 3,561,518 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Medical Properties Trust by 9.5% in the third quarter. Bank of New York Mellon Corp now owns 14,803,927 shares of the real estate investment trust’s stock valued at $194,375,000 after purchasing an additional 1,278,480 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Medical Properties Trust by 1.5% in the third quarter. Principal Financial Group Inc. now owns 12,037,765 shares of the real estate investment trust’s stock valued at $158,057,000 after purchasing an additional 178,569 shares in the last quarter. LSV Asset Management lifted its holdings in shares of Medical Properties Trust by 11.9% in the second quarter. LSV Asset Management now owns 5,666,676 shares of the real estate investment trust’s stock valued at $72,930,000 after purchasing an additional 601,200 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of Medical Properties Trust by 28.7% in the third quarter. Prudential Financial Inc. now owns 5,562,595 shares of the real estate investment trust’s stock valued at $73,037,000 after purchasing an additional 1,241,797 shares in the last quarter. Institutional investors own 84.73% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 11th. Stockholders of record on Thursday, December 7th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.10%. Medical Properties Trust’s dividend payout ratio (DPR) is presently 126.32%.

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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