Analysts Anticipate Medical Properties Trust, Inc. (MPW) to Announce $0.33 Earnings Per Share

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Wall Street analysts expect that Medical Properties Trust, Inc. (NYSE:MPW) will announce $0.33 earnings per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Medical Properties Trust’s earnings, with the highest EPS estimate coming in at $0.35 and the lowest estimate coming in at $0.31. Medical Properties Trust posted earnings of $0.36 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 8.3%. The firm is scheduled to report its next quarterly earnings report on Thursday, May 2nd.

According to Zacks, analysts expect that Medical Properties Trust will report full-year earnings of $1.43 per share for the current financial year, with EPS estimates ranging from $1.41 to $1.44. For the next fiscal year, analysts expect that the company will post earnings of $1.55 per share, with EPS estimates ranging from $1.50 to $1.61. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Medical Properties Trust.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, February 7th. The real estate investment trust reported $0.31 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.31. The business had revenue of $180.60 million during the quarter, compared to the consensus estimate of $179.68 million. Medical Properties Trust had a net margin of 129.59% and a return on equity of 8.83%. The firm’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS.

Several equities analysts recently commented on MPW shares. JPMorgan Chase & Co. raised shares of Medical Properties Trust from a “neutral” rating to an “overweight” rating in a research note on Wednesday, December 19th. Jefferies Financial Group raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $18.00 to $23.00 in a research note on Wednesday, February 13th. Mitsubishi UFJ Financial Group increased their price objective on shares of Medical Properties Trust to $17.00 and gave the company a “neutral” rating in a research note on Monday, February 11th. Wells Fargo & Co raised shares of Medical Properties Trust from an “underperform” rating to a “market perform” rating and increased their price objective for the company from $13.50 to $17.50 in a research note on Tuesday, December 11th. Finally, SunTrust Banks downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, December 18th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $17.50.

In other Medical Properties Trust news, VP James Kevin Hanna sold 18,000 shares of the company’s stock in a transaction that occurred on Monday, February 11th. The shares were sold at an average price of $18.37, for a total value of $330,660.00. Following the completion of the transaction, the vice president now directly owns 76,318 shares in the company, valued at approximately $1,401,961.66. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Edward K. Aldag, Jr. sold 273,577 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $18.72, for a total transaction of $5,121,361.44. Following the completion of the transaction, the chief executive officer now owns 2,160,784 shares of the company’s stock, valued at $40,449,876.48. The disclosure for this sale can be found here. Corporate insiders own 0.83% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bronfman E.L. Rothschild L.P. increased its position in Medical Properties Trust by 21.4% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 3,435 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 606 shares during the period. Parallel Advisors LLC increased its position in shares of Medical Properties Trust by 22.0% during the fourth quarter. Parallel Advisors LLC now owns 3,759 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 679 shares during the period. Integrated Investment Consultants LLC increased its position in shares of Medical Properties Trust by 6.9% during the fourth quarter. Integrated Investment Consultants LLC now owns 11,755 shares of the real estate investment trust’s stock worth $189,000 after buying an additional 760 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in shares of Medical Properties Trust by 32.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 3,322 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 822 shares during the period. Finally, Nissay Asset Management Corp Japan ADV increased its position in shares of Medical Properties Trust by 3.2% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 26,599 shares of the real estate investment trust’s stock worth $428,000 after buying an additional 824 shares during the period. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Shares of NYSE:MPW opened at $18.54 on Friday. The company has a market capitalization of $6.87 billion, a P/E ratio of 13.53, a P/E/G ratio of 3.37 and a beta of 0.73. The company has a quick ratio of 5.22, a current ratio of 5.22 and a debt-to-equity ratio of 0.89. Medical Properties Trust has a one year low of $12.25 and a one year high of $18.89.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, March 14th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.39%. The ex-dividend date is Wednesday, March 13th. Medical Properties Trust’s dividend payout ratio (DPR) is currently 72.99%.

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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