Analysts Anticipate Medical Properties Trust, Inc. (NYSE:MPW) to Announce $0.40 EPS

Equities research analysts expect that Medical Properties Trust, Inc. (NYSE:MPW) will post earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Medical Properties Trust’s earnings, with the highest EPS estimate coming in at $0.42 and the lowest estimate coming in at $0.38. Medical Properties Trust reported earnings per share of $0.31 in the same quarter last year, which would suggest a positive year over year growth rate of 29%. The business is scheduled to issue its next quarterly earnings results on Thursday, May 7th.

According to Zacks, analysts expect that Medical Properties Trust will report full-year earnings of $1.64 per share for the current fiscal year, with EPS estimates ranging from $1.61 to $1.70. For the next year, analysts anticipate that the business will post earnings of $1.71 per share, with EPS estimates ranging from $1.66 to $1.76. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Medical Properties Trust.

Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.09). Medical Properties Trust had a return on equity of 6.57% and a net margin of 43.86%. The business had revenue of $256.44 million during the quarter, compared to the consensus estimate of $263.35 million. During the same quarter last year, the company earned $0.31 earnings per share. The firm’s revenue was up 42.0% compared to the same quarter last year.

Several equities research analysts have issued reports on the company. Barclays restated a “buy” rating and issued a $22.00 price target on shares of Medical Properties Trust in a report on Wednesday, March 18th. Zacks Investment Research downgraded Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday, March 11th. Mizuho increased their price target on Medical Properties Trust from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Thursday, December 26th. TheStreet raised Medical Properties Trust from a “c+” rating to a “b” rating in a research report on Thursday, February 6th. Finally, ValuEngine raised Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $21.88.

In other news, COO Emmett E. Mclean sold 100,000 shares of the company’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $20.84, for a total transaction of $2,084,000.00. Following the completion of the transaction, the chief operating officer now directly owns 1,003,415 shares of the company’s stock, valued at $20,911,168.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.18% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc boosted its position in Medical Properties Trust by 5.1% during the fourth quarter. IFP Advisors Inc now owns 10,350 shares of the real estate investment trust’s stock valued at $213,000 after purchasing an additional 503 shares during the last quarter. Ellis Investment Partners LLC lifted its position in shares of Medical Properties Trust by 1.3% in the fourth quarter. Ellis Investment Partners LLC now owns 41,805 shares of the real estate investment trust’s stock valued at $869,000 after buying an additional 541 shares during the last quarter. Sowell Financial Services LLC lifted its position in shares of Medical Properties Trust by 23.2% in the fourth quarter. Sowell Financial Services LLC now owns 3,259 shares of the real estate investment trust’s stock valued at $69,000 after buying an additional 613 shares during the last quarter. Cigna Investments Inc. New lifted its position in shares of Medical Properties Trust by 5.3% in the fourth quarter. Cigna Investments Inc. New now owns 13,471 shares of the real estate investment trust’s stock valued at $298,000 after buying an additional 672 shares during the last quarter. Finally, 6 Meridian lifted its position in shares of Medical Properties Trust by 2.8% in the fourth quarter. 6 Meridian now owns 30,944 shares of the real estate investment trust’s stock valued at $653,000 after buying an additional 841 shares during the last quarter. 84.22% of the stock is owned by hedge funds and other institutional investors.

Shares of Medical Properties Trust stock traded up $0.12 during trading hours on Monday, hitting $17.68. The company’s stock had a trading volume of 7,699,965 shares, compared to its average volume of 7,501,044. Medical Properties Trust has a 12 month low of $12.35 and a 12 month high of $24.29. The stock has a 50 day moving average of $20.75 and a 200 day moving average of $20.54. The company has a market capitalization of $9.15 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 1.91 and a beta of 0.62. The company has a debt-to-equity ratio of 1.00, a current ratio of 9.45 and a quick ratio of 9.45.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 12th will be given a dividend of $0.27 per share. This is a boost from Medical Properties Trust’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 6.11%. The ex-dividend date of this dividend is Wednesday, March 11th. Medical Properties Trust’s dividend payout ratio is currently 83.08%.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

Further Reading: Cash Asset Ratio

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

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