Brokerages Expect Medical Properties Trust, Inc. (NYSE:MPW) to Post $0.33 EPS

Brokerages expect Medical Properties Trust, Inc. (NYSE:MPW) to report earnings of $0.33 per share for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for Medical Properties Trust’s earnings, with the lowest EPS estimate coming in at $0.29 and the highest estimate coming in at $0.37. Medical Properties Trust reported earnings per share of $0.35 during the same quarter last year, which indicates a negative year-over-year growth rate of 5.7%. The company is scheduled to announce its next earnings report on Thursday, November 7th.

On average, analysts expect that Medical Properties Trust will report full year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.28 to $1.40. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.55 per share, with EPS estimates ranging from $1.52 to $1.61. Zacks’ EPS averages are an average based on a survey of analysts that cover Medical Properties Trust.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.31 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.31. The firm had revenue of $192.55 million during the quarter, compared to the consensus estimate of $186.11 million. Medical Properties Trust had a return on equity of 6.84% and a net margin of 129.20%. The firm’s revenue was down 4.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.36 EPS.

A number of research analysts recently commented on the company. SunTrust Banks upgraded Medical Properties Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $19.00 to $20.00 in a research note on Tuesday, July 2nd. Deutsche Bank upgraded Medical Properties Trust from a “hold” rating to a “buy” rating in a research note on Monday, July 29th. ValuEngine downgraded Medical Properties Trust from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Stifel Nicolaus set a $21.00 price objective on Medical Properties Trust and gave the stock a “buy” rating in a research note on Monday. Finally, Zacks Investment Research downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $18.94.

In other news, Director Michael G. Stewart sold 6,830 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $18.47, for a total value of $126,150.10. Following the completion of the transaction, the director now owns 224,615 shares of the company’s stock, valued at $4,148,639.05. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director G Steven Dawson purchased 7,476 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was acquired at an average cost of $18.07 per share, with a total value of $135,091.32. Following the purchase, the director now owns 76,302 shares of the company’s stock, valued at approximately $1,378,777.14. The disclosure for this purchase can be found here. 1.18% of the stock is owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in MPW. California Public Employees Retirement System lifted its holdings in shares of Medical Properties Trust by 2.0% during the second quarter. California Public Employees Retirement System now owns 775,397 shares of the real estate investment trust’s stock valued at $13,523,000 after purchasing an additional 15,096 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Medical Properties Trust by 35.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 175,578 shares of the real estate investment trust’s stock valued at $3,062,000 after purchasing an additional 46,289 shares during the last quarter. Pictet Asset Management Ltd. lifted its holdings in shares of Medical Properties Trust by 16.3% during the second quarter. Pictet Asset Management Ltd. now owns 73,300 shares of the real estate investment trust’s stock valued at $1,278,000 after purchasing an additional 10,300 shares during the last quarter. Schroder Investment Management Group lifted its holdings in shares of Medical Properties Trust by 9.7% during the second quarter. Schroder Investment Management Group now owns 117,809 shares of the real estate investment trust’s stock valued at $2,055,000 after purchasing an additional 10,427 shares during the last quarter. Finally, Advisors Capital Management LLC lifted its holdings in shares of Medical Properties Trust by 0.5% during the second quarter. Advisors Capital Management LLC now owns 639,851 shares of the real estate investment trust’s stock valued at $11,159,000 after purchasing an additional 3,208 shares during the last quarter. 80.58% of the stock is owned by institutional investors.

MPW traded up $0.20 during trading on Thursday, reaching $17.82. 2,945,100 shares of the company were exchanged, compared to its average volume of 3,836,913. The firm has a market capitalization of $7.96 billion, a PE ratio of 13.01, a P/E/G ratio of 3.35 and a beta of 0.60. The business’s 50 day moving average price is $17.89. The company has a debt-to-equity ratio of 0.99, a quick ratio of 9.37 and a current ratio of 8.00. Medical Properties Trust has a 52 week low of $13.98 and a 52 week high of $18.92.

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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