Medical Facilities (DR) to Release Quarterly Earnings on Thursday

Medical Facilities (TSE:DR) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 7th.

Medical Facilities (TSE:DR) last released its quarterly earnings data on Tuesday, August 6th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$146.64 million during the quarter, compared to analyst estimates of C$144.66 million. Medical Facilities had a return on equity of 35.99% and a net margin of 2.75%.

Medical Facilities Price Performance

Medical Facilities has a 1 year low of C$8.31 and a 1 year high of C$14.94. The company has a quick ratio of 1.51, a current ratio of 1.11 and a debt-to-equity ratio of 93.23. The firm has a market capitalization of C$349.93 million, a P/E ratio of 21.79, a PEG ratio of 3.81 and a beta of 0.47. The firm’s 50-day simple moving average is C$13.96 and its two-hundred day simple moving average is C$13.00.

Medical Facilities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.09 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of ∞. Medical Facilities’s payout ratio is 53.73%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Royal Bank of Canada upped their price objective on Medical Facilities from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. Leede Jones Gable boosted their price target on Medical Facilities from C$15.00 to C$15.50 and gave the stock a “buy” rating in a research report on Wednesday, August 7th.

About Medical Facilities

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.