Share on StockTwits

Medical Properties Trust Inc. (NYSE:MPW) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.10-1.14 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.09, reports.

Shares of Medical Properties Trust Inc. (NYSE:MPW) opened at 13.28 on Thursday. Medical Properties Trust Inc. has a 1-year low of $11.47 and a 1-year high of $14.81. The stock’s 50-day moving average is $13.1 and its 200-day moving average is $13.10. The company has a market cap of $2.178 billion and a P/E ratio of 27.47.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.26 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.26. The company had revenue of $73.10 million for the quarter, compared to the consensus estimate of $73.45 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 26.9% on a year-over-year basis. On average, analysts predict that Medical Properties Trust Inc. will post $1.09 earnings per share for the current fiscal year.

On a related note, analysts at Jefferies Group raised their price target on shares of Medical Properties Trust from $14.50 to $15.00 in a research note on Monday, June 2nd. Five analysts have rated the stock with a hold rating, Medical Properties Trust has an average rating of Hold and a consensus target price of $13.93.

Medical Properties Trust, Inc is a self-advised real estate investment trust (NYSE:MPW) focused on investing in and owning net-leased healthcare facilities.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.