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

Key Points

• Medical Properties Trust declared a quarterly dividend of $0.09 per share, payable October 8 to shareholders of record on September 10. The dividend implies an annualized payout of approximately $0.36 per share and an 8.5% yield.
• The company reported quarterly EPS of $0.15, matching analyst estimates, while revenue rose 7.9% year over year to $259.28 million. However, it posted a negative net margin of 2.96% and negative return on equity of 0.66%.
• Analyst sentiment remains cautious: RBC lowered its price target to $4.50, Weiss Ratings downgraded the stock to “sell,” and the consensus rating is “Reduce” with an average target of $4.50.

Medical Properties Trust, Inc. (NYSE:MPT - Get Free Report) declared a quarterly dividend on Thursday, August 13th. Investors of record on Thursday, September 10th will be given a dividend of 0.09 per share on Thursday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Thursday, September 10th.

Medical Properties Trust Trading Up 4.2%

Shares of MPT opened at $4.22 on Friday. The business has a 50-day moving average of $4.64. The company has a debt-to-equity ratio of 2.13, a current ratio of 3.11 and a quick ratio of 3.11. The stock has a market cap of $2.52 billion, a PE ratio of -70.33 and a beta of 1.41. Medical Properties Trust has a 1-year low of $3.99 and a 1-year high of $6.47.

Medical Properties Trust (NYSE:MPT - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.15 EPS for the quarter, meeting analysts' consensus estimates of $0.15. Medical Properties Trust had a negative net margin of 2.96% and a negative return on equity of 0.66%. The company had revenue of $259.28 million during the quarter. The firm's revenue was up 7.9% compared to the same quarter last year. On average, research analysts predict that Medical Properties Trust will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada cut their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a report on Thursday, June 18th. Weiss Ratings lowered shares of Medical Properties Trust from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of $4.50.

About Medical Properties Trust

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.

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