SunTrust Banks Research Analysts Decrease Earnings Estimates for Medical Properties Trust, Inc. (MPW)

Medical Properties Trust, Inc. (NYSE:MPW) – Equities research analysts at SunTrust Banks cut their Q1 2018 EPS estimates for shares of Medical Properties Trust in a research note issued to investors on Thursday. SunTrust Banks analyst E. Fleming now forecasts that the real estate investment trust will earn $0.36 per share for the quarter, down from their prior estimate of $0.37. SunTrust Banks currently has a “Buy” rating and a $15.00 target price on the stock. SunTrust Banks also issued estimates for Medical Properties Trust’s FY2018 earnings at $1.45 EPS, Q1 2019 earnings at $0.37 EPS, Q2 2019 earnings at $0.37 EPS, Q3 2019 earnings at $0.37 EPS and Q4 2019 earnings at $0.37 EPS.

Other analysts have also issued reports about the stock. Deutsche Bank lowered shares of Medical Properties Trust from a “buy” rating to a “hold” rating and dropped their price target for the stock from $14.00 to $13.50 in a research report on Wednesday, January 10th. JPMorgan Chase & Co. raised shares of Medical Properties Trust from an “underweight” rating to a “neutral” rating and set a $14.50 price target on the stock in a research report on Friday, December 15th. Zacks Investment Research lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Robert W. Baird lowered shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $15.00 to $13.00 in a research report on Friday, January 5th. Finally, ValuEngine raised shares of Medical Properties Trust from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $14.30.

Shares of Medical Properties Trust (MPW) opened at $12.44 on Monday. The company has a current ratio of 2.06, a quick ratio of 2.55 and a debt-to-equity ratio of 1.28. Medical Properties Trust has a 1 year low of $11.82 and a 1 year high of $14.22. The stock has a market cap of $4,530.00, a price-to-earnings ratio of 14.99, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, February 8th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.02. Medical Properties Trust had a net margin of 41.12% and a return on equity of 7.85%. The firm had revenue of $205.00 million for the quarter, compared to analyst estimates of $204.52 million. During the same period in the prior year, the firm posted $0.31 earnings per share. The company’s quarterly revenue was up 33.7% compared to the same quarter last year.

Institutional investors and hedge funds have recently modified their holdings of the company. First Dallas Securities Inc. bought a new position in shares of Medical Properties Trust in the fourth quarter valued at about $106,000. Ffcm LLC bought a new position in shares of Medical Properties Trust in the third quarter valued at about $116,000. Investors Asset Management of Georgia Inc. GA ADV bought a new position in shares of Medical Properties Trust in the fourth quarter valued at about $138,000. Mcmillion Capital Management Inc. bought a new position in shares of Medical Properties Trust in the third quarter valued at about $137,000. Finally, Janus Henderson Group PLC bought a new position in shares of Medical Properties Trust in the second quarter valued at about $136,000. 81.30% of the stock is currently owned by institutional investors.

WARNING: “SunTrust Banks Research Analysts Decrease Earnings Estimates for Medical Properties Trust, Inc. (MPW)” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2018/02/12/suntrust-banks-research-analysts-decrease-earnings-estimates-for-medical-properties-trust-inc-mpw.html.

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

Leave a Reply