Medical Properties Trust, Inc. (MPW) Expected to Announce Quarterly Sales of $196.73 Million

Equities research analysts forecast that Medical Properties Trust, Inc. (NYSE:MPW) will report $196.73 million in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Medical Properties Trust’s earnings, with estimates ranging from $178.11 million to $206.87 million. Medical Properties Trust reported sales of $153.28 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 28.3%. The business is expected to announce its next earnings results on Thursday, February 8th.

On average, analysts expect that Medical Properties Trust will report full-year sales of $196.73 million for the current fiscal year, with estimates ranging from $677.89 million to $706.65 million. For the next year, analysts anticipate that the business will report sales of $795.73 million per share, with estimates ranging from $717.79 million to $839.24 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Medical Properties Trust.

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 the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The firm had revenue of $176.60 million for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 39.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS.

Several equities analysts recently issued reports on MPW shares. ValuEngine upgraded Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. SunTrust Banks reiterated a “buy” rating and set a $15.00 target price on shares of Medical Properties Trust in a research report on Friday, November 3rd. Jefferies Group reiterated a “buy” rating and set a $15.00 target price on shares of Medical Properties Trust in a research report on Tuesday, August 29th. Zacks Investment Research upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Tuesday, October 24th. Finally, KeyCorp reiterated a “hold” rating on shares of Medical Properties Trust in a research report on Sunday, September 17th. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $14.18.

Medical Properties Trust (NYSE MPW) opened at $13.58 on Friday. The stock has a market capitalization of $4,945.24, a PE ratio of 10.53, a P/E/G ratio of 1.81 and a beta of 0.96. Medical Properties Trust has a 52-week low of $11.88 and a 52-week high of $14.22. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.55 and a quick ratio of 2.55.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Thursday, December 7th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 7.07%. The ex-dividend date is Wednesday, December 6th. Medical Properties Trust’s payout ratio is 126.32%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AXA grew its holdings in shares of Medical Properties Trust by 16.0% in the 3rd quarter. AXA now owns 711,730 shares of the real estate investment trust’s stock worth $9,345,000 after acquiring an additional 98,112 shares during the period. Public Employees Retirement System of Ohio grew its holdings in shares of Medical Properties Trust by 88.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 317,892 shares of the real estate investment trust’s stock worth $4,174,000 after acquiring an additional 149,256 shares during the period. Mcmillion Capital Management Inc. acquired a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $137,000. Cetera Investment Advisers grew its holdings in shares of Medical Properties Trust by 42.5% in the 3rd quarter. Cetera Investment Advisers now owns 15,434 shares of the real estate investment trust’s stock worth $203,000 after acquiring an additional 4,601 shares during the period. Finally, Sterling Capital Management LLC grew its holdings in shares of Medical Properties Trust by 1.7% in the 3rd quarter. Sterling Capital Management LLC now owns 1,279,900 shares of the real estate investment trust’s stock worth $16,805,000 after acquiring an additional 21,150 shares during the period. Institutional investors own 81.35% of the company’s stock.

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

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