Current Analysis: Medical Facilities (MFCSF)
Medical Facilities Corp (OTC:MFCSF) owns a diverse portfolio of surgical facilities in the United States.
The company was founded in 2004 and is headquartered in Toronto, Canada. The corporation's operations are based in the United States.
Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers.
The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. MFCSF's key revenue source is from the facility service income.
Three key data points gauge Medical Facilities Corp or any dividend-paying firm.
The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether any company has made, is making, and will make money.
MFCSF Price
Over the past year, MFCSF share price increased about 14.7% from $5.79 to $6.64 as of Friday’s market close.
If MFCSF trades in the range of $5.50 to $7.50 this next year, its recent $6.64 share price might rise to $7.00 by next year. Of course, MFCSF’s price could drop about the same $0.36 estimated amount, or more.
My annual upside estimate of $0.36 however, is about $0.03 under the average annual MFCSF share price increase over the past three years.
MFCSF Dividend
Medical Facilities Corp has paid variable Quarterly dividends since January, 2020. Prior to that the dividend was paid monthly since December 15. 2010. MFCSF’s most recent Q dividend of $0.061 was declared December 18, 2023 to shareholders of record December 28th. The payout is coming January 15.
The forward looking $0.24 annual dividend yields 3.67% at Friday’s $6.64 share price.
MFCSF Returns
To put it all together, add the estimated annual dividend of $0.24 to the price upside of $0.36 to find a $0.60 gross gain.
At Friday’s $6.64 share price, a little over $1000 would buy 151 shares.
A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.066 per share.
Subtracting that likely $0.066 brokerage cost from the $0.60 gross gain produces a net gain of $0.534 X 151 shares = $80.63 for a 8,06% estimated net gain.
You might choose to pounce on MFCSF. It is an 20 year-old U.S. Medical Facilities owner headuartered in Toronto. Furthermore, the estimated $36.70 of annual dividend income from $1k invested is over 5.5 times greater than MFCSF’s recent $6.64 single share price.
The exact track of the Medical Facilities Corp ongoing future price and dividend will be determined by market action.
Remember the true value of any stock is best realized through personal ownership of shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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