Wall Street analysts expect Medical Properties Trust, Inc. (NYSE:MPW) to announce $397.23 million in sales for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Medical Properties Trust’s earnings. The lowest sales estimate is $372.49 million and the highest is $415.15 million. Medical Properties Trust reported sales of $333.81 million in the same quarter last year, which would suggest a positive year over year growth rate of 19%. The business is scheduled to issue its next earnings results on Thursday, February 3rd.
According to Zacks, analysts expect that Medical Properties Trust will report full year sales of $1.51 billion for the current financial year, with estimates ranging from $1.34 billion to $1.57 billion. For the next year, analysts expect that the company will post sales of $1.66 billion, with estimates ranging from $1.56 billion to $1.72 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Medical Properties Trust.
Medical Properties Trust (NYSE:MPW) last posted its earnings results on Thursday, October 28th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.15). The company had revenue of $390.78 million for the quarter, compared to the consensus estimate of $387.24 million. Medical Properties Trust had a return on equity of 6.90% and a net margin of 38.08%. The business’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS.
Institutional investors and hedge funds have recently modified their holdings of the business. Gilman Hill Asset Management LLC raised its holdings in shares of Medical Properties Trust by 5.1% during the third quarter. Gilman Hill Asset Management LLC now owns 310,666 shares of the real estate investment trust’s stock valued at $6,235,000 after purchasing an additional 15,151 shares during the period. New Mexico Educational Retirement Board raised its holdings in shares of Medical Properties Trust by 20.8% during the second quarter. New Mexico Educational Retirement Board now owns 120,300 shares of the real estate investment trust’s stock valued at $2,418,000 after purchasing an additional 20,700 shares during the period. Sigma Planning Corp raised its holdings in shares of Medical Properties Trust by 17.0% during the second quarter. Sigma Planning Corp now owns 61,274 shares of the real estate investment trust’s stock valued at $1,232,000 after purchasing an additional 8,912 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Medical Properties Trust during the second quarter valued at about $1,201,000. Finally, Metropolitan Life Insurance Co NY raised its holdings in shares of Medical Properties Trust by 94,443.9% during the second quarter. Metropolitan Life Insurance Co NY now owns 148,434 shares of the real estate investment trust’s stock valued at $2,984,000 after purchasing an additional 148,277 shares during the period. 78.89% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE MPW traded up $0.51 during midday trading on Thursday, reaching $22.10. 3,223,896 shares of the company were exchanged, compared to its average volume of 4,094,886. The stock’s 50-day moving average price is $20.82 and its 200-day moving average price is $20.75. The stock has a market cap of $13.18 billion, a P/E ratio of 23.02, a PEG ratio of 1.61 and a beta of 0.48. Medical Properties Trust has a one year low of $19.32 and a one year high of $22.82. The company has a quick ratio of 3.77, a current ratio of 3.77 and a debt-to-equity ratio of 1.27.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 13th. Shareholders of record on Thursday, December 9th will be given a dividend of $0.28 per share. The ex-dividend date is Wednesday, December 8th. This represents a $1.12 dividend on an annualized basis and a yield of 5.07%. Medical Properties Trust’s dividend payout ratio (DPR) is currently 116.67%.
About Medical Properties Trust
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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