About MedEquities Realty Trust (NYSE:MRT)
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. For more information, please visit www.medequities.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:MRT
CUSIPN/A
Phone615-627-4710
Debt
Debt-to-Equity RatioN/A
Current Ratio4.73%
Quick Ratio4.73%
Price-To-Earnings
Trailing P/E Ratio8.75
Forward P/E Ratio8.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.10 million
Price / Sales5.20
Cash Flow$1.2044 per share
Price / Cash8.27
Book Value$11.23 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$1.14
Net Income$20.42 million
Net Margins34.96%
Return on Equity5.99%
Return on Assets3.85%
Miscellaneous
Employees12
Outstanding Shares31,890,000
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 declared a quarterly dividend on Thursday, February 8th. Shareholders of record on Monday, February 19th will be given a dividend of $0.21 per share on Monday, March 5th. This represents a $0.84 annualized dividend and a dividend yield of 8.43%. The ex-dividend date is Thursday, February 15th. View MedEquities Realty Trust's Dividend History.
How were MedEquities Realty Trust's earnings last quarter?
MedEquities Realty Trust (NYSE:MRT) released its quarterly earnings data on Wednesday, February, 21st. The financial services provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.31 by $0.13. The financial services provider earned $16.23 million during the quarter, compared to the consensus estimate of $16.31 million. MedEquities Realty Trust had a return on equity of 5.99% and a net margin of 34.96%. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.06) EPS. View MedEquities Realty Trust's Earnings History.
When is MedEquities Realty Trust's next earnings date?
What guidance has MedEquities Realty Trust issued on next quarter's earnings?
MedEquities Realty Trust updated its FY18 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $0.63 for the period, compared to the Thomson Reuters consensus estimate of $0.74.
What price target have analysts set for MRT?
5 brokers have issued 1 year target prices for MedEquities Realty Trust's shares. Their predictions range from $10.00 to $14.00. On average, they expect MedEquities Realty Trust's share price to reach $12.40 in the next twelve months. 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. 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)
- 2. 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. " (1/3/2018)
Who are some of MedEquities Realty Trust's key competitors?
Some companies that are related to MedEquities Realty Trust include Kite Realty Group Trust (KRG), Global Net Lease (GNL), Monmouth Real Estate Investment (MNR), TPG Real Estate Finance Trust (TRTX), Redwood Trust (RWT), Washington Prime Group (WPG), Saul Centers (BFS), KKR Real Estate Finance Trust (KREF), Pennymac Mortgage Investment (PMT), Hannon Armstrong (HASI), CYS Investments (CYS), CareTrust REIT (CTRE), ARMOUR Residential REIT (ARR), Ramco-Gershenson Properties Trust (RPT) and Easterly Government Properties (DEA).
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 65)
- Mr. William C. Harlan, Pres, COO & Director (Age 66)
- Mr. Jeffery C. Walraven, Exec. VP, CFO, Sec. & Treasurer (Age 48)
- Mr. David Louis Travis, Sr. VP & Chief Accounting Officer (Age 43)
- Mr. Forrest G. Gardner CPA, Sr. VP of Asset and Investment Management (Age 45)
When did MedEquities Realty Trust IPO?
(MRT) raised $259 million in an initial public offering 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.
Has MedEquities Realty Trust been receiving favorable news coverage?
News stories about MRT stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. MedEquities Realty Trust earned a daily sentiment score of 0.21 on Accern's scale. They also gave headlines about the financial services provider an impact score of 45.41 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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 $9.96.
How big of a company is MedEquities Realty Trust?
MedEquities Realty Trust has a market capitalization of $315.68 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.
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 (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 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.
MedEquities Realty Trust (NYSE:MRT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for MedEquities Realty Trust in the last 12 months. Their average twelve-month price target is $12.40, suggesting that the stock has a possible upside of 24.50%. The high price target for MRT is $14.00 and the low price target for MRT is $10.00. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.60 | 2.60 | 2.80 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $12.40 | $12.60 | $13.25 | $13.00 |
| Price Target Upside: | 24.50% upside | 26.13% upside | 29.02% upside | 12.36% upside |
MedEquities Realty Trust (NYSE:MRT) Consensus Price Target History
MedEquities Realty Trust (NYSE:MRT) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
MedEquities Realty Trust (NYSE:MRT) Dividend Information
MedEquities Realty Trust pays an annual dividend of $0.84 per share, with a dividend yield of 8.43%. MRT's most recent quarterly dividend payment was Monday, March 5. MedEquities Realty Trust pays out 73.68% of its earnings out as a dividend.
| Most Recent Dividend: | 3/5/2018 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 8.43% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 73.68% (Trailing 12 Months of Earnings)
69.42% (Based on This Year's Estimates)
67.20% (Based on Next Year's Estimates)
|
MedEquities Realty Trust (NYSE:MRT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/8/2018 | quarterly | $0.21 | 7.93% | 2/15/2018 | 2/19/2018 | 3/5/2018 |
| 11/2/2017 | quarterly | $0.21 | 7.18% | 11/14/2017 | 11/15/2017 | 11/29/2017 |
| 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)
MedEquities Realty Trust (NYSE MRT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.00%
Institutional Ownership Percentage: 91.87%
MedEquities Realty Trust (NYSE MRT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/26/2018 | William C Harlan | COO | Buy | 1,383 | $10.12 | $13,995.96 | |  |
| 11/20/2017 | Randy L Churchey | Director | Buy | 5,300 | $10.87 | $57,611.00 | 46,776 | |
| 11/17/2017 | John W Mcroberts | CEO | Buy | 18,000 | $10.74 | $193,320.00 | | |
| 11/17/2017 | Randy L Churchey | Director | Buy | 300 | $10.66 | $3,198.00 | 46,776 | |
| 10/4/2016 | David L Travis | CAO | Buy | 2,500 | $12.00 | $30,000.00 | 15,934 | |
| 10/4/2016 | Jeffery C Walraven | CFO | Buy | 400 | $12.00 | $4,800.00 | 32,046 | |
| 10/4/2016 | Randy L Churchey | Director | Buy | 15,000 | $12.00 | $180,000.00 | 39,720 | |
(Data available from 1/1/2013 forward)
MedEquities Realty Trust (NYSE MRT) News Headlines
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MedEquities Realty Trust (NYSE:MRT) SEC Filings
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MedEquities Realty Trust (NYSE:MRT) Income Statement, Balance Sheet and Cash Flow Statement
MedEquities Realty Trust (NYSE MRT) Stock Chart for Wednesday, April, 25, 2018
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