Medical Facilities (DR) to Release Quarterly Earnings on Tuesday

Medical Facilities (TSE:DR) will be posting its quarterly earnings results before the market opens on Tuesday, August 6th.

Medical Facilities (TSE:DR) last posted its earnings results on Thursday, May 9th. The company reported C$0.09 earnings per share (EPS) for the quarter. The business had revenue of C$145.95 million for the quarter, compared to analyst estimates of C$133.28 million. Medical Facilities had a net margin of 3.57% and a return on equity of 38.26%.

Medical Facilities Price Performance

TSE:DR traded down C$0.01 during trading hours on Tuesday, reaching C$14.06. 3,200 shares of the company were exchanged, compared to its average volume of 50,681. Medical Facilities has a twelve month low of C$8.31 and a twelve month high of C$14.33. The stock’s 50-day moving average is C$12.75 and its 200-day moving average is C$11.13. The company has a current ratio of 1.09, a quick ratio of 1.51 and a debt-to-equity ratio of 99.96. The firm has a market cap of C$344.05 million, a PE ratio of 16.36, a price-to-earnings-growth ratio of 3.81 and a beta of 0.56.

Medical Facilities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were paid a $0.09 dividend. This is an increase from Medical Facilities’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend was Friday, June 28th. Medical Facilities’s dividend payout ratio (DPR) is currently 41.86%.

Analysts Set New Price Targets

Separately, Leede Jones Gab upgraded Medical Facilities from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.

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.