Medical Properties Trust, Inc. (MPW) to Post FY2017 Earnings of $1.37 Per Share, KeyCorp Forecasts

Medical Properties Trust, Inc. (NYSE:MPW) – Research analysts at KeyCorp upped their FY2017 EPS estimates for shares of Medical Properties Trust in a report released on Sunday. KeyCorp analyst J. Sadler now expects that the brokerage will post earnings per share of $1.37 for the year, up from their prior forecast of $1.28.

Other equities analysts have also recently issued research reports about the company. Mitsubishi UFJ Financial Group assumed coverage on Medical Properties Trust in a report on Sunday, December 18th. They issued a “hold” rating and a $12.00 target price for the company. Barclays PLC reaffirmed an “equal weight” rating and issued a $14.00 target price (up previously from $13.00) on shares of Medical Properties Trust in a report on Thursday. Stifel Nicolaus lowered their target price on Medical Properties Trust from $16.00 to $13.00 and set a “hold” rating for the company in a report on Monday, November 7th. JMP Securities reaffirmed a “hold” rating on shares of Medical Properties Trust in a report on Monday, November 28th. Finally, Zacks Investment Research cut Medical Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, January 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $14.50.

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

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Medical Properties Trust (NYSE:MPW) traded down 0.75% during midday trading on Wednesday, reaching $13.25. The company’s stock had a trading volume of 1,492,247 shares. Medical Properties Trust has a 52-week low of $10.61 and a 52-week high of $15.92. The firm has a market cap of $4.24 billion, a P/E ratio of 15.41 and a beta of 0.78. The firm has a 50 day moving average of $12.78 and a 200 day moving average of $13.58.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, February 9th. The real estate investment trust reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.11. The firm had revenue of $153.30 million for the quarter, compared to analysts’ expectations of $151.13 million. Medical Properties Trust had a return on equity of 8.40% and a net margin of 41.59%. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 EPS.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Thursday, March 16th will be paid a $0.24 dividend. This is a boost from Medical Properties Trust’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 7.19%. Medical Properties Trust’s dividend payout ratio is presently 105.75%.

In other news, VP James Kevin Hanna sold 10,000 shares of the stock in a transaction dated Wednesday, January 4th. The stock was sold at an average price of $12.57, for a total value of $125,700.00. Following the completion of the sale, the vice president now owns 87,343 shares of the company’s stock, valued at $1,097,901.51. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.44% of the company’s stock.

This story was originally posted by Web Breaking News and is the sole property of of Web Breaking News. If you are reading this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this story can be read at http://www.webbreakingnews.com/2017/02/17/medical-properties-trust-inc-mpw-to-post-fy2017-earnings-of-1-37-per-share-keycorp-forecasts.html.

Large investors have recently modified their holdings of the stock. Bank of Montreal Can bought a new stake in shares of Medical Properties Trust during the second quarter valued at $2,380,000. Sumitomo Mitsui Asset Management Company LTD bought a new stake in shares of Medical Properties Trust during the second quarter valued at $163,000. Schnieders Capital Management LLC boosted its stake in shares of Medical Properties Trust by 0.3% in the second quarter. Schnieders Capital Management LLC now owns 192,300 shares of the real estate investment trust’s stock valued at $2,925,000 after buying an additional 512 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Medical Properties Trust by 31.4% in the second quarter. JPMorgan Chase & Co. now owns 217,820 shares of the real estate investment trust’s stock valued at $3,313,000 after buying an additional 52,019 shares during the last quarter. Finally, M&R Capital Management Inc. bought a new stake in shares of Medical Properties Trust during the second quarter valued at $1,134,000. 81.89% of the stock is owned by institutional investors.

About Medical Properties Trust

Medical Properties Trust, Inc is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases.

5 Day Chart for NYSE:MPW

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