MedEquities Realty Trust, Inc. is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings. As of September 30, 2016, the Company's portfolio included 24 healthcare facilities and one healthcare-related debt investment.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Healthcare REITs
- Sub-Industry: N/A
- Symbol: NYSE:MRT
- CUSIP: N/A
- Web: www.medequities.com
Capitalization:- Market Cap: $361.69 million
- Outstanding Shares: 31,756,000
Average Prices:- 50 Day Moving Avg: $12.19
- 200 Day Moving Avg: $11.72
- 52 Week Range: $10.28 - $13.06
P/E:- Trailing P/E Ratio: 34.62
- Foreward P/E Ratio: 15.82
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $56.96 million
- Price / Sales: 6.35
- Book Value: $11.12 per share
- Price / Book: 1.02
Dividend:- Annual Dividend: $0.84
- Dividend Yield: 7.3%
Profitability:- EBIDTA: $46.67 million
- Net Margins: 32.68%
- Return on Equity: 5.58%
- Return on Assets: 3.52%
Debt:- Current Ratio: 2.06%
- Quick Ratio: 2.06%
Misc:- Average Volume: 95,478 shs.
- Short Ratio: 2.46
Frequently Asked Questions for MedEquities Realty Trust (NYSE:MRT)
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 3rd. Stockholders of record on Wednesday, August 16th will be given a dividend of $0.21 per share on Wednesday, August 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date of this dividend is Monday, August 14th. View MedEquities Realty Trust's Dividend History.
When will MedEquities Realty Trust make its next earnings announcement?
Where is MedEquities Realty Trust's stock going? Where will MedEquities Realty Trust's stock price be in 2017?
7 brokers have issued twelve-month target prices for MedEquities Realty Trust's stock. Their forecasts range from $12.00 to $14.00. On average, they expect MedEquities Realty Trust's stock price to reach $12.86 in the next twelve months. View Analyst Ratings for MedEquities Realty Trust.
Who are some of MedEquities Realty Trust's key competitors?
Some companies that are related to MedEquities Realty Trust include PHH Corp (PHH), Forestar Group (FOR), Guaranty Bancorp (GBNK), Republic Bancorp (RBCAA), ConnectOne Bancorp (CNOB), Dime Community Bancshares (DCOM), Northfield Bancorp (NFBK), PJT Partners (PJT), Federal Agricultural Mortgage Corporation (AGM), New York Mortgage Trust (NYMT), CoBiz Financial (COBZ), Bryn Mawr Bank Corporation (BMTC), NMI Holdings (NMIH), United Insurance Holdings Corp. (UIHC), Investment Technology Group (ITG), Great Southern Bancorp (GSBC), Oritani Financial Corp. (ORIT) and The First of Long Island Corporation (FLIC).
Who are MedEquities Realty Trust's key executives?
MedEquities Realty Trust's management team includes the folowing people:
- John W. McRoberts, Chairman of the Board, Chief Executive Officer
- William C. Harlan, President, Chief Operating Officer, Director
- Jeffery C. Walraven, Chief Financial Officer, Executive Vice President
- Michael Hammill, Senior Vice President - Finance
- David L. Travis, Senior Vice President, Chief Accounting Officer
- Forrest G. Gardner, Senior Vice President - Asset and Investment Management
- Stephen F. Graham, Senior Vice President and Director of Post Acute Acquisition & Development
- Randall L. Churchey CPA, Independent Director
- John N. Foy, Independent Director
- Steven I. Geringer, Independent Director
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 a price of $12.00-$14.00 per share. FBR, J.P. Morgan, Citigroup, KeyBanc Capital Markets, Raymond James and RBC Capital Markets served as the underwriters for the IPO and JMP Securities, Fifth Third Securities and Capital One Securities were co-managers.
Who owns MedEquities Realty Trust stock?
MedEquities Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlueMountain Capital Management LLC (8.13%), Prudential Financial Inc. (7.94%), Goldman Sachs Group Inc. (6.91%), Forward Management LLC (6.79%), American Century Companies Inc. (4.88%) and Boston Partners (4.48%). Company insiders that own MedEquities Realty Trust stock include David L Travis, Jeffery C Walraven and Randy L Churchey. View Institutional Ownership Trends for MedEquities Realty Trust.
Who sold MedEquities Realty Trust stock? Who is selling MedEquities Realty Trust stock?
Who bought MedEquities Realty Trust stock? Who is buying MedEquities Realty Trust stock?
MedEquities Realty Trust's stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Russell Investments Group Ltd., Schwab Charles Investment Management Inc., State Street Corp, American Century Companies Inc., Eagle Boston Investment Management Inc., Foundry Partners LLC and OxFORD Asset Management LLP. Company insiders that have bought MedEquities Realty Trust stock in the last two years include David L Travis, Jeffery C Walraven and Randy L Churchey. View Insider Buying and Selling for MedEquities Realty Trust.
How do I buy MedEquities Realty Trust stock?
Shares of MedEquities Realty Trust can be purchased through any online brokerage account. Popular online brokerages 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 MedEquities Realty Trust stock can currently be purchased for approximately $11.39.
MarketBeat Community Rating for MedEquities Realty Trust (NYSE MRT)MarketBeat's community ratings are surveys of what our community members think about MedEquities Realty Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for MedEquities Realty Trust (NYSE:MRT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Hold Rating, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.57) |
| Consensus Price Target: | $12.86 (12.88% upside) |
Analysts' Ratings History for MedEquities Realty Trust (NYSE:MRT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/6/2017 | Royal Bank Of Canada | Reiterated Rating | Outperform | $13.00 | N/A |  |
| 12/16/2016 | J P Morgan Chase & Co | Downgrade | Neutral -> Underweight | $12.50 -> $12.00 | N/A | |
| 11/14/2016 | KeyCorp | Initiated Coverage | Overweight | $13.00 | N/A | |
| 11/9/2016 | FBR & Co | Reiterated Rating | Buy | | N/A | |
| 10/24/2016 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | $13.00 | N/A | |
| 10/24/2016 | JMP Securities | Initiated Coverage | Outperform | $13.00 | N/A | |
| 10/24/2016 | Citigroup Inc. | Initiated Coverage | Neutral | $12.00 | N/A | |
(Data available from 8/17/2015 forward)
Earnings History for MedEquities Realty Trust (NYSE:MRT)Earnings History by Quarter for MedEquities Realty Trust (NYSE MRT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/14/2017 | | | | | | | | |
| 2/27/2017 | Q416 | $0.27 | ($0.06) | $14.00 million | $14.01 million | View | N/A | |
| 10/27/2011 | | ($0.11) | ($0.11) | | | View | N/A | |
| 7/28/2011 | | $0.04 | $0.05 | | | View | N/A | |
| 5/5/2011 | | $0.13 | $0.16 | | | View | N/A | |
| 2/24/2011 | | $0.31 | $0.31 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for MedEquities Realty Trust (NYSE:MRT)2017 EPS Consensus Estimate: $1.13
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.26 | $0.26 | $0.26 |
| Q2 2017 | 2 | $0.27 | $0.28 | $0.28 |
| Q3 2017 | 2 | $0.30 | $0.31 | $0.31 |
| Q4 2017 | 2 | $0.28 | $0.30 | $0.29 |
| Q1 2018 | 1 | $0.29 | $0.29 | $0.29 |
| Q2 2018 | 1 | $0.31 | $0.31 | $0.31 |
| Q3 2018 | 1 | $0.31 | $0.31 | $0.31 |
(Data provided by Zacks Investment Research)
Current Dividend Information for MedEquities Realty Trust (NYSE:MRT)| Next Dividend: | 8/30/2017 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 7.37% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 240.00% (Trailing 12 Months of Earnings)
116.67% (Based on Next Year's Estimates)
|
Dividend History by Quarter for MedEquities Realty Trust (NYSE MRT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | quarterly | $0.21 | 7.17% | 8/14/2017 | 8/16/2017 | 8/30/2017 |
| 5/4/2017 | quarterly | $0.21 | 7.16% | 5/15/2017 | 5/17/2017 | 5/31/2017 |
| 1/5/2017 | special | $0.21 | | 1/12/2017 | 1/17/2017 | 1/31/2017 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for MedEquities Realty Trust (NYSE:MRT)Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 97.56%
Insider Trades by Quarter for MedEquities Realty Trust (NYSE:MRT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/4/2016 | David L Travis | CAO | Buy | 2,500 | $12.00 | $30,000.00 | |
| 10/4/2016 | Jeffery C Walraven | CFO | Buy | 400 | $12.00 | $4,800.00 | |
| 10/4/2016 | Randy L Churchey | Director | Buy | 15,000 | $12.00 | $180,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for MedEquities Realty Trust (NYSE:MRT)
Latest Headlines for MedEquities Realty Trust (NYSE:MRT)
| Source: |
|
| Date | Headline |
|---|
 | MedEquities Realty Trust's (MRT) CEO John McRoberts on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 8:36 PM |
 | MedEquities Realty Trust (MRT) to Acquire Behavioral Facilities in Las Vegas And Dallas From AAC (AAC) for $25M
www.streetinsider.com - August 9 at 1:12 AM |
 | MedEquities Realty Trust Reports Second Quarter 2017 Results
finance.yahoo.com - August 9 at 1:12 AM |
| MedEquities Realty Trust reports 2Q results
finance.yahoo.com - August 9 at 1:12 AM |
 | MedEquities Realty Trust Inc. (MRT) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - August 8 at 8:27 PM |
| MedEquities Realty Trust Inc. (MRT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - August 8 at 6:44 PM |
| MedEquities Realty Trust Signs Definitive Agreement To Acquire Behavioral Facilities In Las Vegas And Dallas For $25 Million
finance.yahoo.com - August 7 at 8:06 PM |
| AAC Holdings Secures $25 Million of Capital with Agreement to Sell and Leaseback Outpatient and Sober Living Facilities
finance.yahoo.com - August 7 at 8:06 PM |
| MedEquities Realty Trust (NYSE:MRT) vs. Medical Properties Trust (MPW) Financial Analysis
www.americanbankingnews.com - August 7 at 4:28 PM |
| MedEquities Realty Trust Inc Plans Quarterly Dividend of $0.21 (NYSE:MRT)
www.americanbankingnews.com - August 3 at 6:20 PM |
| MedEquities Realty Trust, Inc. Declares Second Quarter 2017 Dividend
finance.yahoo.com - August 3 at 5:58 AM |
| MedEquities Realty Trust Inc. (NYSE:MRT) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - August 1 at 9:58 AM |
| MedEquities Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : MRT-US : July 31, 2017
finance.yahoo.com - July 31 at 9:09 PM |
| MedEquities Realty Trust Completes Acquisition Of Two Skilled Nursing Facilities From Magnolia Health Systems For $15 Million
finance.yahoo.com - July 31 at 9:09 PM |
| $0.27 EPS Expected for MedEquities Realty Trust Inc. (NYSE:MRT) This Quarter
www.americanbankingnews.com - July 31 at 12:28 PM |
| Head to Head Analysis: Community Healthcare Trust (CHCT) & MedEquities Realty Trust (NYSE:MRT)
www.americanbankingnews.com - July 29 at 8:04 PM |
| Featured Company News - MedEquities Realty Trust to Buy Two Nursing Facilities from Magnolia Health Systems
finance.yahoo.com - July 17 at 10:10 AM |
| MedEquities Realty Trust Inc. (NYSE:MRT) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 14 at 6:36 PM |
| MedEquities Realty Trust To Acquire Two Skilled Nursing Facilities From Magnolia Health Systems For $15 Million And Initiates New Operator Relationship
finance.yahoo.com - July 14 at 6:36 AM |
| MedEquities Realty Trust Inc. (MRT) Expected to Post Quarterly Sales of $14.72 Million
www.americanbankingnews.com - July 9 at 10:00 AM |
| Comparing MedEquities Realty Trust (NYSE:MRT) & LTC Properties (LTC)
www.americanbankingnews.com - July 9 at 12:26 AM |
| MedEquities Realty Trust Inc. (MRT) Expected to Post Earnings of $0.27 Per Share
www.americanbankingnews.com - July 7 at 10:55 AM |
| MedEquities Realty Trust Schedules Second Quarter 2017 Earnings Release And Conference Call Dates
finance.yahoo.com - July 7 at 7:32 AM |
| MedEquities Realty Trust Closes Acquisition Of Skilled Nursing Facility From Prospect Medical Holdings For $10 Million
finance.yahoo.com - July 5 at 8:41 AM |
| Financial Comparison: Healthcare Realty Trust (HR) and MedEquities Realty Trust (MRT)
www.americanbankingnews.com - June 28 at 7:56 AM |
| MedEquities Realty Trust Inc. (MRT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 19 at 6:46 PM |
| MedEquities Realty Trust Acquires Skilled Nursing Facility For $10M
seekingalpha.com - June 16 at 7:35 PM |
| MedEquities Realty Trust (MRT) Announces Acquisition of Skilled Nursing Facility for $10M
www.streetinsider.com - June 16 at 7:35 PM |
| ETFs with exposure to MedEquities Realty Trust, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 7:52 AM |
| $14.72 Million in Sales Expected for MedEquities Realty Trust Inc. (MRT) This Quarter
www.americanbankingnews.com - June 15 at 11:56 AM |
| MedEquities Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : MRT-US : June 12, 2017
finance.yahoo.com - June 12 at 9:03 AM |
| MedEquities Realty Trust To Present At NAREIT's REITWEEK Conference
finance.yahoo.com - June 2 at 8:01 PM |
| MedEquities Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : MRT-US : June 1, 2017
finance.yahoo.com - June 1 at 9:18 AM |
| MedEquities Realty Trust Inc (MRT) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 23 at 6:04 PM |
| Zacks: Analysts Expect MedEquities Realty Trust Inc (MRT) Will Announce Quarterly Sales of $14.62 Million
www.americanbankingnews.com - May 21 at 10:32 AM |
| Zacks: Brokerages Expect MedEquities Realty Trust Inc (MRT) Will Post Earnings of $0.27 Per Share
www.americanbankingnews.com - May 16 at 4:06 PM |
| FBR & Co Weighs in on MedEquities Realty Trust Inc's Q2 2017 Earnings (MRT)
www.americanbankingnews.com - May 11 at 8:10 AM |
| MedEquities Realty Trust Reports First Quarter 2017 Results
finance.yahoo.com - May 8 at 6:11 PM |
| MedEquities Realty Trust reports 1Q results
finance.yahoo.com - May 8 at 6:11 PM |
| MedEquities Realty Trust Inc Declares Quarterly Dividend of $0.21 (MRT)
www.americanbankingnews.com - May 4 at 8:42 PM |
| MedEquities Realty Trust (MRT) Declares $0.21 Quarterly Dividend; 7.1% Yield
www.streetinsider.com - May 4 at 11:35 AM |
| MedEquities Realty Trust, Inc. Declares First Quarter 2017 Dividend
finance.yahoo.com - May 3 at 5:42 PM |
| MedEquities Realty Trust Inc (MRT) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 28 at 10:56 PM |
| MedEquities Realty Trust Commits $11 Million For Mountain's Edge Hospital Expansion And Negotiates Enhanced Lease Terms On Fundamental Properties
finance.yahoo.com - April 27 at 7:11 PM |
| Zacks: Brokerages Anticipate MedEquities Realty Trust Inc (MRT) Will Announce Quarterly Sales of $13.88 Million
www.americanbankingnews.com - April 27 at 10:22 AM |
| $0.26 EPS Expected for MedEquities Realty Trust Inc (MRT) This Quarter
www.americanbankingnews.com - April 26 at 12:03 AM |
| MedEquities Realty Trust: An Attractive 7.2% Yield
seekingalpha.com - April 24 at 7:09 PM |
| MedEquities Realty Trust Schedules First Quarter 2017 Earnings Release And Conference Call Dates
finance.yahoo.com - April 7 at 11:18 AM |
| MedEquities Realty Trust Inc (MRT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - April 6 at 11:51 AM |
| MedEquities Realty Trust Inc's (MRT) Lock-Up Period Will End on March 28th
www.americanbankingnews.com - March 21 at 7:07 AM |
MedEquities Realty Trust (MRT) Chart for Thursday, August, 17, 2017
