Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.75 Consensus Target Price from Analysts

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

Several analysts have recently issued reports on the stock. Wells Fargo & Company boosted 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. Royal Bank of Canada upped their price target on shares of 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. Wall Street Zen raised shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, BNP Paribas raised shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th.

Medical Properties Trust Trading Up 2.5%

Shares of MPW opened at $4.53 on Wednesday. The stock has a fifty day moving average of $5.08 and a two-hundred day moving average of $4.85. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The company has a market capitalization of $2.72 billion, a PE ratio of -1.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a fifty-two week low of $3.51 and a fifty-two week high of $6.55.

Medical Properties Trust (NYSE:MPW) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The business had revenue of $223.80 million during the quarter, compared to the consensus estimate of $233.80 million. During the same period in the previous year, the business earned $0.24 EPS. The business’s revenue was down 17.5% compared to the same quarter last year. As a group, analysts forecast that Medical Properties Trust will post 0.78 EPS for the current year.

Medical Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, June 18th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 dividend on an annualized basis and a yield of 7.06%. Medical Properties Trust’s dividend payout ratio (DPR) is -11.55%.

Institutional Trading of Medical Properties Trust

Institutional investors have recently added to or reduced their stakes in the business. Versor Investments LP boosted its position in Medical Properties Trust by 192.3% in the 4th quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock valued at $1,126,000 after buying an additional 187,500 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Medical Properties Trust by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock valued at $34,912,000 after buying an additional 118,577 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its position in Medical Properties Trust by 506.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 52,790 shares during the last quarter. Wilsey Asset Management Inc. boosted its position in Medical Properties Trust by 8.5% in the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock valued at $18,379,000 after buying an additional 362,582 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Medical Properties Trust in the 4th quarter valued at about $2,114,000. 71.79% of the stock is owned by hedge funds and other institutional investors.

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.