Medical Facilities (TSE:DR – Free Report) had its price target hoisted by Royal Bank of Canada from C$13.00 to C$14.00 in a research report released on Wednesday, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.
Separately, Leede Jones Gab raised shares of Medical Facilities from a hold rating to a buy rating in a research note on Thursday, May 9th.
Check Out Our Latest Report on Medical Facilities
Medical Facilities Stock Performance
Medical Facilities (TSE:DR – Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported C$0.09 earnings per share for the quarter. The company had revenue of C$145.95 million during the quarter, compared to analysts’ expectations of C$133.28 million. Medical Facilities had a return on equity of 38.26% and a net margin of 3.57%. On average, analysts forecast that Medical Facilities will post 1.4764268 EPS for the current year.
Medical Facilities Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were paid a $0.09 dividend. The ex-dividend date was Friday, June 28th. This is an increase from Medical Facilities’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.56%. Medical Facilities’s payout ratio is 41.86%.
Medical Facilities Company Profile
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company's specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.
Featured Stories
- Five stocks we like better than Medical Facilities
- NYSE Stocks Give Investors a Variety of Quality OptionsÂ
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
- What is Insider Trading? What You Can Learn from Insider Trading
- MarketBeat Week in Review – 8/5 – 8/9
- Do ETFs Pay Dividends? What You Need to Know
- The Cannabis Sector: Profitability Takes Center Stage
Receive News & Ratings for Medical Facilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Facilities and related companies with MarketBeat.com's FREE daily email newsletter.