Medical Properties Trust, Inc. (MPW) Updates FY17 Earnings Guidance
Medical Properties Trust, Inc. (NYSE:MPW) updated its FY17 earnings guidance on Thursday. The company provided earnings per share guidance of $1.30-1.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.32. Medical Properties Trust also updated its FY18 guidance to $1.42-1.46 EPS.
MPW has been the subject of several research reports. BidaskClub downgraded Medical Properties Trust from a hold rating to a sell rating in a research note on Tuesday, July 11th. ValuEngine raised Medical Properties Trust from a hold rating to a buy rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded Medical Properties Trust from a buy rating to a hold rating in a research note on Wednesday. KeyCorp reaffirmed a hold rating on shares of Medical Properties Trust in a research note on Sunday, September 17th. Finally, Stifel Nicolaus reaffirmed a hold rating and set a $13.00 price target on shares of Medical Properties Trust in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. Medical Properties Trust has an average rating of Hold and an average target price of $14.10.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. The firm had revenue of $166.80 million during the quarter, compared to the consensus estimate of $163.08 million. Medical Properties Trust had a return on equity of 7.54% and a net margin of 42.25%. The business’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.32 EPS.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 12th. Investors of record on Thursday, September 14th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 7.26%. The ex-dividend date of this dividend was Wednesday, September 13th. Medical Properties Trust’s dividend payout ratio is currently 115.66%.
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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.
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