Brokerages Set Medical Properties Trust, Inc. (NYSE:MPW) Target Price at $5.64

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have received an average rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $5.75.

Several research analysts have commented on the stock. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Wells Fargo & Company raised their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Finally, Royal Bank of Canada upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th.

Medical Properties Trust Stock Performance

Shares of MPW opened at $5.45 on Tuesday. The stock has a 50-day simple moving average of $5.52 and a 200-day simple moving average of $4.79. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. Medical Properties Trust has a 1 year low of $3.51 and a 1 year high of $6.55. The stock has a market capitalization of $3.27 billion, a PE ratio of -1.29, a PEG ratio of 1.01 and a beta of 1.27.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Monday, March 10th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date was Monday, March 10th. Medical Properties Trust’s dividend payout ratio (DPR) is currently -8.42%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Indie Asset Partners LLC raised its stake in shares of Medical Properties Trust by 16.7% during the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,204 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Medical Properties Trust by 6.6% in the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock valued at $155,000 after purchasing an additional 2,438 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 2,606 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its holdings in shares of Medical Properties Trust by 5.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 49,953 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 2,661 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of Medical Properties Trust by 2.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 111,490 shares of the real estate investment trust’s stock worth $440,000 after purchasing an additional 2,948 shares during the period. Hedge funds and other institutional investors own 71.79% of the company’s stock.

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.