Brokerages Set Medical Properties Trust, Inc. (NYSE:MPW) Target Price at $5.75

Medical Properties Trust, Inc. (NYSE:MPW) has been assigned a consensus rating of “Hold” from the seven research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $5.75.

Several research firms have issued reports on MPW. 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 lifted their price objective for the company from $5.00 to $9.00 in a research note on Wednesday, March 12th. Wells Fargo & Company lifted their price objective on shares of 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 lifted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research note on Monday, March 10th.

Medical Properties Trust Stock Up 1.3%

Medical Properties Trust stock opened at $5.08 on Friday. 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 52-week low of $3.51 and a 52-week high of $6.55. The firm has a 50 day moving average price of $5.50 and a two-hundred day moving average price of $4.83. The firm has a market cap of $3.08 billion, a price-to-earnings ratio of -1.20, a PEG ratio of 1.01 and a beta of 1.41.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $223.80 million for the quarter, compared to analysts’ expectations of $233.80 million. During the same period last year, the firm posted $0.24 EPS. The business’s revenue was down 17.5% on a year-over-year basis. Equities analysts predict that Medical Properties Trust will post 0.78 EPS for the current year.

Institutional Trading of Medical Properties Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Novem Group increased its stake in Medical Properties Trust by 8.1% during the 1st quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock valued at $166,000 after purchasing an additional 2,058 shares in the last quarter. Indie Asset Partners LLC increased its stake in Medical Properties Trust by 16.7% during the 4th quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,204 shares in the last quarter. Beacon Financial Advisory LLC increased its stake in Medical Properties Trust by 13.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock valued at $122,000 after purchasing an additional 2,386 shares in the last quarter. Sei Investments Co. increased its stake in Medical Properties Trust by 6.6% during the 4th 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. Finally, HB Wealth Management LLC increased its stake in Medical Properties Trust by 7.1% during the 1st quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 2,575 shares in the last quarter. Institutional investors own 71.79% of the company’s stock.

About Medical Properties Trust

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.