Medical Properties Trust, Inc. (NYSE:MPT) Declares Quarterly Dividend of $0.09

Medical Properties Trust, Inc. (NYSE:MPT) declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.09 per share on Thursday, July 16th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, June 18th.

Medical Properties Trust Trading Down 0.8%

Shares of NYSE MPT opened at $5.11 on Friday. The company has a market cap of $3.06 billion, a price-to-earnings ratio of -24.33 and a beta of 1.41. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 2.13. Medical Properties Trust has a 1 year low of $3.95 and a 1 year high of $6.47. The company has a 50-day simple moving average of $4.96.

Medical Properties Trust (NYSE:MPT) last issued its earnings results on Thursday, April 30th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.10). The business had revenue of $252.07 million during the quarter, compared to the consensus estimate of $252.59 million. Medical Properties Trust had a negative net margin of 12.59% and a negative return on equity of 2.70%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period last year, the business posted $0.14 EPS. As a group, equities research analysts anticipate that Medical Properties Trust will post 0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Medical Properties Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.