Brokerages Set Medical Properties Trust, Inc. (NYSE:MPW) PT at $5.61

Medical Properties Trust, Inc. (NYSE:MPW) has received an average recommendation of “Reduce” from the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $5.38.

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating and lifted their target price for the stock from $2.00 to $5.00 in a report on Wednesday, April 17th. BNP Paribas downgraded shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $6.00 to $4.00 in a report on Tuesday, July 2nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $5.00 target price on shares of Medical Properties Trust in a report on Tuesday, May 14th. Truist Financial lifted their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a report on Thursday, May 30th. Finally, StockNews.com downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 18th.

Medical Properties Trust Stock Down 0.4 %

Medical Properties Trust stock opened at $4.68 on Thursday. The company has a market capitalization of $2.81 billion, a P/E ratio of -2.11, a P/E/G ratio of 0.65 and a beta of 1.27. The firm’s fifty day simple moving average is $4.71 and its 200-day simple moving average is $4.49. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 1.51. Medical Properties Trust has a 1-year low of $2.92 and a 1-year high of $7.73.

Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, August 8th. The real estate investment trust reported ($0.54) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.75). The company had revenue of $266.60 million for the quarter, compared to analysts’ expectations of $259.53 million. Medical Properties Trust’s revenue for the quarter was down 21.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 EPS. Sell-side analysts forecast that Medical Properties Trust will post 0.88 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Investors of record on Monday, June 10th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 12.82%. The ex-dividend date of this dividend was Monday, June 10th. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

Hedge Funds Weigh In On Medical Properties Trust

Institutional investors have recently modified their holdings of the stock. Lindbrook Capital LLC raised its stake in shares of Medical Properties Trust by 112.1% in the first quarter. Lindbrook Capital LLC now owns 7,225 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 3,819 shares during the last quarter. Versant Capital Management Inc grew its holdings in Medical Properties Trust by 435.0% during the second quarter. Versant Capital Management Inc now owns 7,972 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 6,482 shares during the period. Iron Horse Wealth Management LLC grew its holdings in Medical Properties Trust by 166.7% during the second quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 5,000 shares during the period. Future Financial Wealth Managment LLC acquired a new position in shares of Medical Properties Trust in the first quarter valued at approximately $38,000. Finally, Cetera Trust Company N.A acquired a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $43,000. 71.79% of the stock is owned by institutional investors.

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.