Medical Properties Trust, Inc. (NYSE:MPW) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Medical Properties Trust, Inc. (NYSE:MPW) has received an average recommendation of "Hold" from seven brokerages, with price targets averaging at $5.40.
• The company recently declared a quarterly dividend of $0.08 per share, representing a yield of 6.2% and a dividend payout ratio of -13.39%.
• In its latest earnings report, Medical Properties Trust missed earnings estimates with $0.14 EPS, down from $0.23 EPS in the same period last year, while revenue decreased by 9.8% year-over-year.

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) has earned an average recommendation of "Hold" from the seven brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $5.40.

Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Wall Street Zen lowered shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Royal Bank Of Canada dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating for the company in a research report on Monday, June 30th. Finally, Wells Fargo & Company dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating for the company in a research report on Wednesday, August 27th.

Medical Properties Trust Trading Up 11.7%

Shares of MPW stock opened at $5.15 on Friday. The firm has a 50-day moving average price of $4.28 and a 200 day moving average price of $4.85. Medical Properties Trust has a twelve month low of $3.51 and a twelve month high of $6.55. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of -2.15 and a beta of 1.35. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 2.00.

Medical Properties Trust (NYSE:MPW - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm had revenue of $240.36 million during the quarter, compared to analyst estimates of $231.90 million. During the same period in the previous year, the firm posted $0.23 EPS. The company's revenue for the quarter was down 9.8% compared to the same quarter last year. Research analysts forecast that Medical Properties Trust will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 11th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.32 annualized dividend and a yield of 6.2%. Medical Properties Trust's dividend payout ratio is -13.39%.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Novem Group increased its position in Medical Properties Trust by 8.1% during the 1st quarter. Novem Group now owns 27,606 shares of the real estate investment trust's stock worth $166,000 after purchasing an additional 2,058 shares in the last quarter. Beacon Financial Advisory LLC increased its position in Medical Properties Trust by 13.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust's stock worth $122,000 after purchasing an additional 2,386 shares in the last quarter. Verus Capital Partners LLC increased its position in Medical Properties Trust by 25.0% during the 2nd quarter. Verus Capital Partners LLC now owns 12,500 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 2,500 shares in the last quarter. HB Wealth Management LLC increased its position in Medical Properties Trust by 7.1% during the 1st quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust's stock worth $233,000 after purchasing an additional 2,575 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Medical Properties Trust by 49.5% during the 1st quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 2,606 shares in the last quarter. Institutional investors and hedge funds own 71.79% of the company's stock.

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.

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