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

Medical Properties Trust (NYSE:MPW) is expected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $218.77 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Medical Properties Trust Stock Down 0.7 %

Medical Properties Trust stock opened at $4.82 on Wednesday. The stock has a market capitalization of $2.89 billion, a PE ratio of -1.14, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a twelve month low of $3.51 and a twelve month high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a 50 day moving average of $4.35 and a 200-day moving average of $4.64.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 6.65%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is presently -7.58%.

Insider Activity at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.53% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MPW. Mizuho cut their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. Truist Financial decreased their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, Medical Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $4.92.

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.