Medical Facilities Corp (DR) Scheduled to Post Quarterly Earnings on Thursday

Medical Facilities Corp (TSE:DR) will be announcing its earnings results before the market opens on Thursday, March 23rd. Analysts expect the company to announce earnings of $0.24 per share for the quarter.

Shares of Medical Facilities Corp (TSE:DR) opened at 18.51 on Tuesday. Medical Facilities Corp has a 52 week low of $15.36 and a 52 week high of $23.44. The stock’s market cap is $574.64 million. The company has a 50-day moving average price of $18.80 and a 200-day moving average price of $19.52.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 15th. Shareholders of record on Wednesday, March 15th were paid a $0.0938 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 6.08%. The ex-dividend date of this dividend was Friday, February 24th.

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Separately, Royal Bank of Canada cut their target price on Medical Facilities Corp from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Friday, December 16th.

Medical Facilities Corp Company Profile

Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.

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