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 Ratio7.65
Quick Ratio7.65
Price-To-Earnings
Trailing P/E Ratio9.18
Forward P/E Ratio8.78
P/E GrowthN/A
Sales & Book Value
Annual Sales$61.10 million
Price / Sales5.50
Cash Flow$1.2018 per share
Price / Cash8.77
Book Value$11.23 per share
Price / Book0.94
Profitability
EPS (Most Recent Fiscal Year)$1.14
Net Income$20.42 million
Net Margins34.63%
Return on Equity6.17%
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 Wednesday, May 9th. Stockholders of record on Tuesday, May 22nd will be given a dividend of $0.21 per share on Tuesday, June 5th. This represents a $0.84 annualized dividend and a dividend yield of 7.97%. The ex-dividend date is Monday, May 21st. 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 Thursday, May, 10th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.14. The financial services provider earned $16.72 million during the quarter, compared to the consensus estimate of $16.41 million. MedEquities Realty Trust had a net margin of 34.63% and a return on equity of 6.17%. View MedEquities Realty Trust's Earnings History.
When is MedEquities Realty Trust's next earnings date?
What price target have analysts set for MRT?
7 equities research analysts have issued twelve-month target prices for MedEquities Realty Trust's stock. Their predictions range from $10.00 to $14.00. On average, they anticipate MedEquities Realty Trust's share price to reach $12.2857 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 Global Net Lease (GNL), Caretrust REIT (CTRE), Redwood Trust (RWT), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. Corp. Class A (MNR), CYRELA BRAZIL R/S (CYRBY), CYS INVESTMENTS/SH SH (CYS), PennyMac Mortgage Investment Trust (PMT), Saul Centers (BFS), TIER REIT (TIER), KKR Real Estate Finance Trust (KREF), Ramco-Gershenson Properties Trust (RPT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), ARMOUR Residential REIT (ARR) and Chatham Lodging Trust (CLDT).
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. 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 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.
Has MedEquities Realty Trust been receiving favorable news coverage?
News stories about MRT stock have trended somewhat positive this week, according to Accern. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MedEquities Realty Trust earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 47.14 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are MedEquities Realty Trust's major shareholders?
MedEquities Realty Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Prudential Financial Inc. (7.27%), American Century Companies Inc. (6.60%), Nuveen Asset Management LLC (4.39%), Russell Investments Group Ltd. (3.65%), Boston Partners (3.03%) and Schwab Charles Investment Management Inc. (2.38%). Company insiders that own MedEquities Realty Trust stock include Bluemountain Capital Managemen, David L Travis, Jeffery C Walraven, John W Mcroberts, Randy L Churchey and William C Harlan. View Institutional Ownership Trends for MedEquities Realty Trust.
Which institutional investors are selling MedEquities Realty Trust stock?
MRT stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Prudential Financial Inc., Boston Partners, Millennium Management LLC, Systematic Financial Management LP, Schwab Charles Investment Management Inc., Citigroup Inc. and Citadel Advisors LLC. View Insider Buying and Selling for MedEquities Realty Trust.
Which institutional investors are buying MedEquities Realty Trust stock?
MRT stock was purchased by a variety of institutional investors in the last quarter, including Sei Investments Co., Russell Investments Group Ltd., Dimensional Fund Advisors LP, LSV Asset Management, GSA Capital Partners LLP, Wedge Capital Management L L P NC, Allianz Asset Management GmbH and Allianz Asset Management GmbH. Company insiders that have bought MedEquities Realty Trust stock in the last two years include David L Travis, Jeffery C Walraven, John W Mcroberts, Randy L Churchey and William C Harlan. View Insider Buying and Selling for MedEquities Realty Trust.
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 $10.54.
How big of a company is MedEquities Realty Trust?
MedEquities Realty Trust has a market capitalization of $334.81 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.
