Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.75 Average Price Target from Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) have received a consensus recommendation of "Hold" from the seven ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $5.75.

MPW has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. Wells Fargo & Company raised their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. BNP Paribas upgraded shares of Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Finally, Royal Bank of Canada raised their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock a "sector perform" rating in a report on Monday, March 10th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC grew its position in shares of Medical Properties Trust by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust's stock worth $42,446,000 after purchasing an additional 58,828 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Medical Properties Trust by 13.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,020,568 shares of the real estate investment trust's stock worth $60,424,000 after acquiring an additional 1,182,028 shares during the period. Allianz Asset Management GmbH lifted its holdings in shares of Medical Properties Trust by 43.2% during the 1st quarter. Allianz Asset Management GmbH now owns 7,134,629 shares of the real estate investment trust's stock worth $43,022,000 after acquiring an additional 2,152,861 shares during the period. Northern Trust Corp lifted its holdings in shares of Medical Properties Trust by 1.5% during the 1st quarter. Northern Trust Corp now owns 6,404,674 shares of the real estate investment trust's stock worth $38,620,000 after acquiring an additional 95,525 shares during the period. Finally, Wilsey Asset Management Inc. lifted its holdings in shares of Medical Properties Trust by 8.5% during the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock worth $18,379,000 after acquiring an additional 362,582 shares during the period. Institutional investors and hedge funds own 71.79% of the company's stock.

Medical Properties Trust Price Performance

Shares of MPW stock traded up $0.11 during trading hours on Wednesday, reaching $4.53. 11,712,741 shares of the company were exchanged, compared to its average volume of 11,913,719. Medical Properties Trust has a fifty-two week low of $3.51 and a fifty-two week high of $6.55. The stock's fifty day moving average is $5.08 and its two-hundred day moving average is $4.84. The company has a market cap of $2.72 billion, a price-to-earnings ratio of -1.07, a P/E/G ratio of 1.01 and a beta of 1.32. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $223.80 million for the quarter, compared to analyst estimates of $233.80 million. During the same quarter in the prior year, the company earned $0.24 EPS. Medical Properties Trust's revenue for the quarter was down 17.5% compared to the same quarter last year. Sell-side analysts forecast that Medical Properties Trust will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.06%. Medical Properties Trust's payout ratio is presently -11.55%.

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.