Equities analysts expect Medical Properties Trust, Inc. (NYSE:MPW) to announce earnings per share (EPS) of $0.34 for the current fiscal quarter, according to Zacks. Six analysts have made estimates for Medical Properties Trust’s earnings, with the lowest EPS estimate coming in at $0.31 and the highest estimate coming in at $0.36. Medical Properties Trust reported earnings of $0.33 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 3%. The firm is scheduled to issue its next earnings report on Thursday, November 1st.
According to Zacks, analysts expect that Medical Properties Trust will report full-year earnings of $1.40 per share for the current financial year, with EPS estimates ranging from $1.36 to $1.45. For the next year, analysts expect that the business will post earnings of $1.44 per share, with EPS estimates ranging from $1.35 to $1.54. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Medical Properties Trust.
Medical Properties Trust (NYSE:MPW) last announced its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.06). Medical Properties Trust had a return on equity of 9.12% and a net margin of 44.46%. The business had revenue of $201.90 million for the quarter, compared to analyst estimates of $206.72 million. During the same period in the prior year, the company earned $0.32 EPS. The company’s revenue was up 21.0% on a year-over-year basis.
MPW has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, April 18th. Wells Fargo & Co upped their price objective on Medical Properties Trust from $11.50 to $13.00 and gave the stock an “underperform” rating in a report on Thursday, May 31st. Finally, Jefferies Financial Group downgraded Medical Properties Trust from a “buy” rating to a “hold” rating and set a $15.00 price objective on the stock. in a report on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. Medical Properties Trust currently has an average rating of “Hold” and an average price target of $14.07.
In other news, Director Michael G. Stewart sold 3,409 shares of the stock in a transaction dated Tuesday, August 7th. The stock was sold at an average price of $14.76, for a total value of $50,316.84. Following the completion of the sale, the director now owns 243,439 shares in the company, valued at $3,593,159.64. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider R Steven Hamner sold 35,000 shares of the stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $14.73, for a total value of $515,550.00. Following the completion of the sale, the insider now owns 1,114,044 shares of the company’s stock, valued at approximately $16,409,868.12. The disclosure for this sale can be found here. Company insiders own 0.83% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the business. Signaturefd LLC acquired a new stake in Medical Properties Trust during the 1st quarter valued at approximately $102,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Medical Properties Trust during the 2nd quarter valued at approximately $104,000. Smith Asset Management Group LP grew its stake in Medical Properties Trust by 93.4% during the 1st quarter. Smith Asset Management Group LP now owns 8,351 shares of the real estate investment trust’s stock valued at $108,000 after purchasing an additional 4,032 shares in the last quarter. Integrated Investment Consultants LLC acquired a new stake in Medical Properties Trust during the 2nd quarter valued at approximately $136,000. Finally, Investors Asset Management of Georgia Inc. GA ADV acquired a new stake in Medical Properties Trust during the 2nd quarter valued at approximately $140,000. Hedge funds and other institutional investors own 78.22% of the company’s stock.
Medical Properties Trust traded down $0.40, reaching $14.38, on Friday, MarketBeat Ratings reports. 2,876,497 shares of the company’s stock were exchanged, compared to its average volume of 1,651,487. Medical Properties Trust has a twelve month low of $11.82 and a twelve month high of $14.92. The firm has a market capitalization of $5.39 billion, a PE ratio of 10.41, a P/E/G ratio of 2.81 and a beta of 0.73. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.19 and a quick ratio of 2.04.
About Medical Properties Trust
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
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