Medical Properties Trust (MPW) Scheduled to Post Quarterly Earnings on Thursday

Medical Properties Trust (NYSE:MPW) is set to announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Medical Properties Trust Trading Down 5.0 %

Shares of NYSE:MPW opened at $4.28 on Wednesday. The firm has a fifty day moving average of $4.41 and a two-hundred day moving average of $4.32. The firm has a market capitalization of $2.56 billion, a P/E ratio of -4.55, a price-to-earnings-growth ratio of 0.55 and a beta of 1.19. Medical Properties Trust has a 12-month low of $2.92 and a 12-month high of $10.74. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.32.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 22nd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.04%. The ex-dividend date was Friday, April 19th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -63.83%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MPW shares. Truist Financial lifted their target price on shares of Medical Properties Trust from $4.00 to $4.50 and gave the company a “hold” rating in a research note on Monday, April 8th. Royal Bank of Canada reduced their price objective on shares of Medical Properties Trust from $8.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. Colliers Securities lowered shares of Medical Properties Trust from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $10.00 to $4.25 in a research note on Wednesday, April 10th. StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Finally, BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and set a $6.00 price objective for the company in a research note on Friday, March 1st. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.75.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.