Medical Properties Trust (NYSE:MPT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Medical Properties Trust (NYSE:MPT) from a sell rating to a hold rating in a research report report published on Saturday.

A number of other equities analysts have also recently weighed in on MPT. Weiss Ratings started coverage on Medical Properties Trust in a report on Tuesday, February 3rd. They set a “sell (d-)” rating for the company. Maxim Group started coverage on shares of Medical Properties Trust in a research report on Tuesday, February 3rd. They issued a “buy” rating and a $8.00 target price on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $8.00.

Medical Properties Trust Stock Performance

Shares of NYSE MPT opened at $5.76 on Friday. The company has a market cap of $3.46 billion, a PE ratio of -12.52 and a beta of 1.43. The company has a debt-to-equity ratio of 2.06, a current ratio of 2.68 and a quick ratio of 2.68. Medical Properties Trust has a 1 year low of $3.95 and a 1 year high of $6.47.

Medical Properties Trust (NYSE:MPT) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The business had revenue of $270.34 million during the quarter. Medical Properties Trust had a negative net margin of 28.50% and a negative return on equity of 5.83%. The business’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.18 EPS.

Medical Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 12th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.36 annualized dividend and a yield of 6.3%. Medical Properties Trust’s dividend payout ratio is presently -78.26%.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.