Medical Properties Trust, Inc. (NYSE:MPW) – Investment analysts at KeyCorp boosted their FY2017 earnings per share (EPS) estimates for Medical Properties Trust in a research report issued to clients and investors on Wednesday. KeyCorp analyst J. Sadler now anticipates that the real estate investment trust will post earnings per share of $1.36 for the year, up from their prior estimate of $1.33.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, May 4th. The real estate investment trust reported $0.33 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. Medical Properties Trust had a net margin of 41.79% and a return on equity of 7.94%. The firm had revenue of $156.40 million for the quarter, compared to analysts’ expectations of $156.91 million. During the same period in the prior year, the firm earned $0.35 earnings per share. The company’s quarterly revenue was up 15.9% compared to the same quarter last year.

ILLEGAL ACTIVITY WARNING: “KeyCorp Analysts Boost Earnings Estimates for Medical Properties Trust, Inc. (MPW)” was reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/14/keycorp-analysts-boost-earnings-estimates-for-medical-properties-trust-inc-mpw.html.

MPW has been the topic of a number of other reports. Deutsche Bank AG boosted their target price on shares of Medical Properties Trust from $13.50 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, July 4th. Jefferies Group LLC raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, July 4th. ValuEngine lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Medical Properties Trust in a research note on Monday, May 15th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Medical Properties Trust has an average rating of “Hold” and an average target price of $14.22.

Medical Properties Trust (NYSE:MPW) opened at 12.56 on Friday. The company has a 50-day moving average of $13.20 and a 200 day moving average of $12.96. Medical Properties Trust has a one year low of $11.54 and a one year high of $15.91. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 15.08 and a beta of 0.89.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Thursday, June 15th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $0.96 annualized dividend and a dividend yield of 7.64%. Medical Properties Trust’s dividend payout ratio is currently 114.29%.

In other news, CFO R Steven Hamner sold 85,000 shares of the stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $13.36, for a total value of $1,135,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

A number of institutional investors have recently bought and sold shares of MPW. Vanguard Group Inc. raised its position in shares of Medical Properties Trust by 5.3% in the first quarter. Vanguard Group Inc. now owns 54,229,337 shares of the real estate investment trust’s stock worth $699,015,000 after buying an additional 2,705,148 shares in the last quarter. BlackRock Inc. raised its position in shares of Medical Properties Trust by 6,731.8% in the first quarter. BlackRock Inc. now owns 40,047,534 shares of the real estate investment trust’s stock worth $516,212,000 after buying an additional 39,461,340 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Medical Properties Trust by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 18,150,112 shares of the real estate investment trust’s stock worth $233,956,000 after buying an additional 211,209 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Medical Properties Trust by 79.4% in the first quarter. Bank of New York Mellon Corp now owns 12,416,273 shares of the real estate investment trust’s stock worth $160,045,000 after buying an additional 5,493,706 shares in the last quarter. Finally, State Street Corp raised its position in shares of Medical Properties Trust by 7.1% in the first quarter. State Street Corp now owns 12,202,245 shares of the real estate investment trust’s stock worth $157,286,000 after buying an additional 811,784 shares in the last quarter. Institutional investors own 78.42% of the company’s stock.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in and owning net-leased healthcare facilities across the United States and selectively in foreign jurisdictions. The Company’s segment is its investments in healthcare real estate, including mortgage and other loans, as well as any equity investments in its tenants.

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

Receive News & Ratings for Medical Properties Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Properties Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.