Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.40 Consensus PT from Analysts

Medical Properties Trust, Inc. (NYSE:MPW) has been given a consensus recommendation of “Reduce” by the seven research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $5.40.

A number of equities analysts have recently commented on MPW shares. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 5th. Wells Fargo & Company lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set an “underweight” rating on the stock in a report on Wednesday, August 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Medical Properties Trust in a report on Wednesday. Zacks Research upgraded shares of Medical Properties Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Royal Bank Of Canada lowered their target price on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a report on Monday, June 30th.

Medical Properties Trust Trading Down 1.8%

Medical Properties Trust stock opened at $5.15 on Wednesday. The firm has a 50-day moving average of $4.66 and a 200-day moving average of $4.76. Medical Properties Trust has a one year low of $3.51 and a one year high of $6.34. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.76 and a quick ratio of 2.76. The company has a market cap of $3.10 billion, a price-to-earnings ratio of -2.16 and a beta of 1.39.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Medical Properties Trust had a negative return on equity of 28.80% and a negative net margin of 155.20%.The business had revenue of $240.36 million for the quarter, compared to analyst estimates of $231.90 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The company’s quarterly revenue was down 9.8% on a year-over-year basis. On average, equities analysts expect that Medical Properties Trust will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 11th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date was Thursday, September 11th. Medical Properties Trust’s payout ratio is presently -13.39%.

Hedge Funds Weigh In On Medical Properties Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. acquired a new position in shares of Medical Properties Trust in the first quarter valued at $41,000. Brighton Jones LLC acquired a new position in shares of Medical Properties Trust in the second quarter valued at $44,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Medical Properties Trust in the second quarter valued at $44,000. Drive Wealth Management LLC acquired a new position in shares of Medical Properties Trust in the second quarter valued at $45,000. Finally, Norges Bank bought a new stake in shares of Medical Properties Trust in the second quarter valued at about $45,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

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.