Medical Properties Trust, Inc. (NYSE:MPW) Receives Average Rating of “Hold” from Brokerages

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

Several research firms have issued reports on MPW. Wells Fargo & Company upped their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Wall Street Zen upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and raised their price target for the company from $5.00 to $9.00 in a report on Wednesday, March 12th. Finally, Royal Bank of Canada upped 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 report on Monday, March 10th.

Medical Properties Trust Stock Performance

Shares of MPW opened at $4.54 on Wednesday. The firm has a 50-day moving average of $5.17 and a 200-day moving average of $4.84. Medical Properties Trust has a one year low of $3.51 and a one year high of $6.55. The company has a market cap of $2.72 billion, a PE ratio of -1.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.41. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

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

Medical Properties Trust Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Novem Group grew its stake in shares of Medical Properties Trust by 8.1% in the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock valued at $166,000 after acquiring an additional 2,058 shares in the last quarter. Indie Asset Partners LLC increased its holdings in shares of Medical Properties Trust by 16.7% during the fourth quarter. Indie Asset Partners LLC now owns 15,384 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,204 shares during the period. Beacon Financial Advisory LLC raised its position in shares of Medical Properties Trust by 13.4% in the first quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 2,386 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Medical Properties Trust by 6.6% in the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock valued at $155,000 after buying an additional 2,438 shares during the period. Finally, HB Wealth Management LLC boosted its stake in shares of Medical Properties Trust by 7.1% in the first quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 2,575 shares during the period. 71.79% of the stock is owned by institutional investors and hedge funds.

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.