Analysts Expect Medical Properties Trust, Inc. (NYSE:MPW) to Announce $0.40 EPS
Equities analysts forecast that Medical Properties Trust, Inc. (NYSE:MPW) will report earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Medical Properties Trust’s earnings, with the lowest EPS estimate coming in at $0.38 and the highest estimate coming in at $0.42. Medical Properties Trust posted earnings per share of $0.31 during the same quarter last year, which would suggest a positive year-over-year growth rate of 29%. The company is expected to issue its next earnings results on Thursday, May 7th.
On average, analysts expect that Medical Properties Trust will report full year earnings of $1.65 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 report earnings of $1.72 per share, with EPS estimates ranging from $1.66 to $1.78. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Medical Properties Trust.
Medical Properties Trust (NYSE:MPW) last announced its 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). The firm had revenue of $256.44 million for the quarter, compared to analyst estimates of $263.35 million. Medical Properties Trust had a net margin of 43.86% and a return on equity of 6.57%. Medical Properties Trust’s revenue for the quarter was up 42.0% compared to the same quarter last year. During the same period last year, the firm earned $0.31 earnings per share.
In other Medical Properties Trust 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 value of $2,084,000.00. Following the transaction, the chief operating officer now directly owns 1,003,415 shares of the company’s stock, valued at approximately $20,911,168.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.18% of the company’s stock.
A number of hedge funds have recently bought and sold shares of the business. Cohen & Steers Inc. raised its holdings in shares of Medical Properties Trust by 35.5% during the 4th quarter. Cohen & Steers Inc. now owns 31,725,541 shares of the real estate investment trust’s stock valued at $669,726,000 after purchasing an additional 8,316,576 shares in the last quarter. State Street Corp increased its position in Medical Properties Trust by 23.5% during the fourth quarter. State Street Corp now owns 22,999,468 shares of the real estate investment trust’s stock worth $491,555,000 after buying an additional 4,377,804 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Medical Properties Trust by 4.4% during the fourth quarter. Bank of New York Mellon Corp now owns 14,581,205 shares of the real estate investment trust’s stock valued at $307,810,000 after buying an additional 612,306 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Medical Properties Trust by 10.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 7,750,447 shares of the real estate investment trust’s stock valued at $163,612,000 after buying an additional 708,443 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Medical Properties Trust by 2.3% in the fourth quarter. Principal Financial Group Inc. now owns 6,918,242 shares of the real estate investment trust’s stock worth $146,044,000 after buying an additional 156,806 shares during the last quarter. 84.22% of the stock is owned by institutional investors.
Shares of MPW stock opened at $15.93 on Monday. Medical Properties Trust has a 1-year low of $12.35 and a 1-year high of $24.29. The company has a current ratio of 9.45, a quick ratio of 9.45 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 18.52, a P/E/G ratio of 1.55 and a beta of 0.62. The stock’s fifty day simple moving average is $20.85 and its 200-day simple moving average is $20.55.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 12th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 dividend on an annualized basis and a yield of 6.78%. This is an increase from Medical Properties Trust’s previous quarterly dividend of $0.26. Medical Properties Trust’s payout ratio is 83.08%.
About Medical Properties Trust
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.
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