Equities research analysts expect MedEquities Realty Trust Inc. (NYSE:MRT) to report $0.30 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have made estimates for MedEquities Realty Trust’s earnings. The lowest EPS estimate is $0.29 and the highest is $0.31. MedEquities Realty Trust posted earnings per share of $0.45 during the same quarter last year, which would suggest a negative year over year growth rate of 33.3%. The company is expected to issue its next earnings results on Tuesday, November 14th.

According to Zacks, analysts expect that MedEquities Realty Trust will report full-year earnings of $1.12 per share for the current year, with EPS estimates ranging from $1.11 to $1.13. For the next year, analysts forecast that the company will report earnings of $1.23 per share, with EPS estimates ranging from $1.17 to $1.26. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover MedEquities Realty Trust.

Separately, Zacks Investment Research raised MedEquities Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $12.86.

Hedge funds have recently bought and sold shares of the stock. Stevens Capital Management LP purchased a new stake in MedEquities Realty Trust during the first quarter valued at $113,000. Eqis Capital Management Inc. purchased a new stake in MedEquities Realty Trust during the second quarter valued at $153,000. Raymond James Financial Services Advisors Inc. purchased a new stake in MedEquities Realty Trust during the second quarter valued at $154,000. Dynamic Technology Lab Private Ltd purchased a new stake in MedEquities Realty Trust during the first quarter valued at $150,000. Finally, UBS Group AG raised its stake in MedEquities Realty Trust by 190.0% in the first quarter. UBS Group AG now owns 13,504 shares of the financial services provider’s stock valued at $151,000 after buying an additional 8,847 shares during the period. 97.56% of the stock is currently owned by institutional investors.

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Shares of MedEquities Realty Trust (NYSE MRT) remained flat at $11.39 on Friday. 83,782 shares of the company traded hands. MedEquities Realty Trust has a 12-month low of $10.28 and a 12-month high of $13.06. The firm has a market cap of $361.69 million and a PE ratio of 34.62. The firm’s 50 day moving average is $12.15 and its 200 day moving average is $11.72.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 16th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 7.37%. The ex-dividend date of this dividend is Monday, August 14th. MedEquities Realty Trust’s dividend payout ratio (DPR) is 240.00%.

MedEquities Realty Trust Company Profile

MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.

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Earnings History and Estimates for MedEquities Realty Trust (NYSE:MRT)

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