NYSE:MRT - MedEquities Realty Trust Stock Price, News, & Analysis

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$10.91 -0.02 (-0.18 %)
(As of 01/22/2019 07:05 AM ET)
Previous Close$10.93
Today's Range$10.87 - $10.97
52-Week Range$6.27 - $11.85
Volume608,919 shs
Average Volume1.11 million shs
Market Capitalization$347.62 million
P/E Ratio9.57
Dividend Yield5.77%
Beta0.3
MedEquities Realty Trust (NYSE: MRT) is a self-managed and self-administered real estate investment trust that invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company's management team has extensive industry experience in acquiring, owning, developing, financing, operating, leasing and monetizing many types of healthcare properties and portfolios. MedEquities' strategy is to become an integral capital partner with high-quality and growth-oriented facility-based providers of healthcare services on a nationwide basis, primarily through net-leased real estate investment.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone615-627-4710

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$61.10 million
Cash Flow$1.1976 per share
Book Value$11.23 per share

Profitability

Net Income$20.42 million

Miscellaneous

Employees12
Market Cap$347.62 million
OptionableNot Optionable

MedEquities Realty Trust (NYSE:MRT) Frequently Asked Questions

What is MedEquities Realty Trust's stock symbol?

MedEquities Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRT."

How often does MedEquities Realty Trust pay dividends? What is the dividend yield for MedEquities Realty Trust?

MedEquities Realty Trust announced a quarterly dividend on Thursday, August 2nd. Stockholders of record on Wednesday, August 15th will be paid a dividend of $0.21 per share on Wednesday, August 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.70%. The ex-dividend date is Tuesday, August 14th. View MedEquities Realty Trust's Dividend History.

How were MedEquities Realty Trust's earnings last quarter?

MedEquities Realty Trust Inc (NYSE:MRT) posted its quarterly earnings results on Monday, November, 12th. The financial services provider reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.18 by $0.25. The financial services provider earned $9.68 million during the quarter, compared to analyst estimates of $17.72 million. MedEquities Realty Trust had a net margin of 19.98% and a return on equity of 3.39%. View MedEquities Realty Trust's Earnings History.

When is MedEquities Realty Trust's next earnings date?

MedEquities Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for MedEquities Realty Trust.

What guidance has MedEquities Realty Trust issued on next quarter's earnings?

MedEquities Realty Trust issued an update on its FY 2018 earnings guidance on Friday, November, 9th. The company provided earnings per share (EPS) guidance of $1.00-1.02 for the period.

What price target have analysts set for MRT?

9 Wall Street analysts have issued 1 year target prices for MedEquities Realty Trust's shares. Their forecasts range from $9.00 to $12.00. On average, they expect MedEquities Realty Trust's share price to reach $10.6250 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for MedEquities Realty Trust.

What is the consensus analysts' recommendation for MedEquities Realty Trust?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MedEquities Realty Trust in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MedEquities Realty Trust.

What are Wall Street analysts saying about MedEquities Realty Trust stock?

Here are some recent quotes from research analysts about MedEquities Realty Trust stock:
  • 1. According to Zacks Investment Research, "MedEquities Realty Trust, Inc. owns, develops, operates, leases and disposes healthcare properties and portfolios. It operates primarily in Texas, California, Nevada and South Carolina. MedEquities Realty Trust, Inc. is based in Nashville, Tennessee. " (1/22/2019)
  • 2. Cantor Fitzgerald analysts commented, "MRT reported in-line 4Q17 results and issued 2018 guidance that includes fewer acquisitions than we modeled, and we believe could be conservative. Closings have been slower industry-wide, but the backlog of announced deals is good for 2018." (2/21/2018)

Has MedEquities Realty Trust been receiving favorable news coverage?

Media stories about MRT stock have trended very positive this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MedEquities Realty Trust earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are some of MedEquities Realty Trust's key competitors?

Who are MedEquities Realty Trust's key executives?

MedEquities Realty Trust's management team includes the folowing people:
  • Mr. John W. McRoberts, Chairman & CEO (Age 66)
  • Mr. William C. Harlan, Pres, COO & Director (Age 67)
  • Mr. Jeffery C. Walraven, Exec. VP, CFO, Sec. & Treasurer (Age 49)
  • Mr. David Louis Travis, Sr. VP & Chief Accounting Officer (Age 44)
  • Mr. Tripp Sullivan, Investor Relations, SCR Partners, LLC

When did MedEquities Realty Trust IPO?

(MRT) raised $259 million in an initial public offering (IPO) on Thursday, September 29th 2016. The company issued 19,900,000 shares at $12.00-$14.00 per share. FBR, J.P. Morgan, Citigroup, KeyBanc Capital Markets, Raymond James and RBC Capital Markets acted as the underwriters for the IPO and JMP Securities, Fifth Third Securities and Capital One Securities were co-managers.

How do I buy shares of MedEquities Realty Trust?

Shares of MRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MedEquities Realty Trust's stock price today?

One share of MRT stock can currently be purchased for approximately $10.91.

How big of a company is MedEquities Realty Trust?

MedEquities Realty Trust has a market capitalization of $347.62 million and generates $61.10 million in revenue each year. The financial services provider earns $20.42 million in net income (profit) each year or $1.14 on an earnings per share basis. MedEquities Realty Trust employs 12 workers across the globe.

What is MedEquities Realty Trust's official website?

The official website for MedEquities Realty Trust is http://www.medequities.com.

How can I contact MedEquities Realty Trust?

MedEquities Realty Trust's mailing address is 3100 WEST END AVENUE SUITE 1000, NASHVILLE TN, 37203. The financial services provider can be reached via phone at 615-627-4710 or via email at [email protected]


MarketBeat Community Rating for MedEquities Realty Trust (NYSE MRT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  376
MarketBeat's community ratings are surveys of what our community members think about MedEquities Realty Trust and other stocks. Vote "Outperform" if you believe MRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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