NYSE:MRT - MedEquities Realty Trust Stock Price, Price Target & More

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

MedEquities Realty Trust declared a quarterly dividend on Wednesday, May 9th. Investors 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 7.56%. The ex-dividend date of this dividend is Monday, May 21st. View MedEquities Realty Trust's Dividend History.

MedEquities Realty Trust Inc (NYSE:MRT) issued its quarterly earnings data on Thursday, May, 10th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.14. The financial services provider had revenue of $16.72 million for the quarter, compared to the consensus estimate of $16.41 million. MedEquities Realty Trust had a return on equity of 6.17% and a net margin of 34.63%. View MedEquities Realty Trust's Earnings History.

MedEquities Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for MedEquities Realty Trust.

7 Wall Street analysts have issued twelve-month price targets for MedEquities Realty Trust's shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate MedEquities Realty Trust's stock price to reach $12.2857 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Ratings for MedEquities Realty Trust.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MedEquities Realty Trust in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to MedEquities Realty Trust include Kite Realty Group Trust (KRG), Global Net Lease (GNL), Monmouth R.E. Inv. Corp. Class A (MNR), Caretrust REIT (CTRE), Redwood Trust (RWT), CYRELA BRAZIL R/S (CYRBY), Saul Centers (BFS), TPG RE Finance Trust (TRTX), CYS INVESTMENTS/SH SH (CYS), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), KKR Real Estate Finance Trust (KREF), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Ramco-Gershenson Properties Trust (RPT) and Chatham Lodging Trust (CLDT).

(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.

Media stories about MRT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. 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 0.08 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.31 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

MedEquities Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.05%). 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.

MRT stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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.

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.

One share of MRT stock can currently be purchased for approximately $11.11.

MedEquities Realty Trust has a market capitalization of $357.45 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.

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]