Medical Properties Trust, Inc. (NYSE:MPW) – KeyCorp upped their FY2018 earnings per share (EPS) estimates for Medical Properties Trust in a research report issued on Thursday. KeyCorp analyst J. Sadler now expects that the real estate investment trust will earn $1.46 per share for the year, up from their previous forecast of $1.43. KeyCorp currently has a “Hold” rating on the stock.
Other analysts have also issued research reports about the company. Zacks Investment Research raised Medical Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Tuesday, October 24th. ValuEngine raised Medical Properties Trust from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. SunTrust Banks reissued a “buy” rating and set a $15.00 price objective on shares of Medical Properties Trust in a report on Friday, November 3rd. Deutsche Bank lowered Medical Properties Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $14.00 to $13.50 in a report on Wednesday. Finally, JPMorgan Chase & Co. raised Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price objective on the stock in a report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $14.30.
Shares of Medical Properties Trust (MPW) opened at $12.76 on Friday. Medical Properties Trust has a fifty-two week low of $11.90 and a fifty-two week high of $14.22. The stock has a market capitalization of $4,650.00, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 1.58 and a beta of 0.96. 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 (NYSE:MPW) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. The firm had revenue of $176.60 million for 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 company’s revenue was up 39.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 EPS.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Thursday, December 7th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 7.52%. The ex-dividend date was Wednesday, December 6th. Medical Properties Trust’s payout ratio is presently 126.32%.
Several large investors have recently made changes to their positions in MPW. Brown Advisory Inc. lifted its position in shares of Medical Properties Trust by 22.0% during the 3rd quarter. Brown Advisory Inc. now owns 49,784 shares of the real estate investment trust’s stock worth $653,000 after buying an additional 8,968 shares during the period. BlueCrest Capital Management Ltd bought a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $5,349,000. Goldman Sachs Group Inc. lifted its position in shares of Medical Properties Trust by 26.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 2,091,500 shares of the real estate investment trust’s stock worth $26,917,000 after buying an additional 438,140 shares during the period. Virginia Retirement Systems ET AL bought a new position in shares of Medical Properties Trust during the 3rd quarter worth approximately $386,000. Finally, Swiss National Bank lifted its position in shares of Medical Properties Trust by 13.5% during the 2nd quarter. Swiss National Bank now owns 599,100 shares of the real estate investment trust’s stock worth $7,710,000 after buying an additional 71,400 shares during the period. 81.20% of the stock is currently owned by institutional investors.
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About Medical Properties Trust
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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