Medical Properties Trust, Inc. (NYSE:MPW) Expected to Post Earnings of $0.40 Per Share

Equities analysts forecast that Medical Properties Trust, Inc. (NYSE:MPW) will report earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Medical Properties Trust’s earnings. The highest EPS estimate is $0.41 and the lowest is $0.38. Medical Properties Trust reported earnings per share of $0.31 during the same quarter last year, which indicates a positive year over year growth rate of 29%. The company is scheduled to announce its next quarterly earnings results on Thursday, August 6th.

According to Zacks, analysts expect that Medical Properties Trust will report full year earnings of $1.58 per share for the current year, with EPS estimates ranging from $1.54 to $1.63. For the next fiscal year, analysts forecast that the company will post earnings of $1.66 per share, with EPS estimates ranging from $1.61 to $1.72. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Medical Properties Trust.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.13). Medical Properties Trust had a net margin of 39.25% and a return on equity of 6.10%. The business had revenue of $294.13 million for the quarter, compared to analyst estimates of $303.09 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The business’s revenue for the quarter was up 63.0% on a year-over-year basis.

MPW has been the topic of a number of research reports. Mizuho downgraded shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and cut their target price for the company from $27.00 to $19.00 in a research report on Monday, March 30th. Barclays restated a “buy” rating and set a $22.00 target price on shares of Medical Properties Trust in a research report on Wednesday, March 18th. Zacks Investment Research downgraded shares of Medical Properties Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, March 11th. SunTrust Banks upped their price target on Medical Properties Trust from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Finally, JPMorgan Chase & Co. lowered their price target on Medical Properties Trust from $25.00 to $20.00 and set an “overweight” rating for the company in a research note on Friday, April 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $20.88.

Medical Properties Trust stock traded up $0.18 during trading hours on Tuesday, reaching $18.44. 2,901,100 shares of the company’s stock traded hands, compared to its average volume of 4,670,534. The company has a debt-to-equity ratio of 1.10, a quick ratio of 4.04 and a current ratio of 4.04. Medical Properties Trust has a fifty-two week low of $12.35 and a fifty-two week high of $24.29. The firm has a market capitalization of $9.74 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 1.88 and a beta of 0.64. The firm’s 50 day moving average is $18.45 and its 200-day moving average is $19.49.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Thursday, June 18th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, June 17th. This represents a $1.08 dividend on an annualized basis and a yield of 5.86%. Medical Properties Trust’s payout ratio is 83.08%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cohen & Steers Inc. increased its stake in Medical Properties Trust by 1.7% during the 1st quarter. Cohen & Steers Inc. now owns 32,258,208 shares of the real estate investment trust’s stock worth $557,744,000 after purchasing an additional 532,667 shares in the last quarter. State Street Corp increased its stake in Medical Properties Trust by 6.6% during the 1st quarter. State Street Corp now owns 24,517,542 shares of the real estate investment trust’s stock worth $430,105,000 after purchasing an additional 1,518,074 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Medical Properties Trust by 4.4% during the 4th quarter. Bank of New York Mellon Corp now owns 14,581,205 shares of the real estate investment trust’s stock worth $307,810,000 after purchasing an additional 612,306 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Medical Properties Trust by 1,694.6% during the 1st quarter. Wellington Management Group LLP now owns 12,272,755 shares of the real estate investment trust’s stock worth $212,197,000 after acquiring an additional 11,588,902 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Medical Properties Trust by 7.3% during the 1st quarter. Geode Capital Management LLC now owns 6,327,199 shares of the real estate investment trust’s stock worth $109,310,000 after acquiring an additional 428,884 shares in the last quarter. 82.43% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Company Profile

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

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