Medical Properties Trust, Inc. (NYSE:MPW) Receives Consensus Rating of "Hold" from Analysts

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 been given a consensus rating of "Hold" by the seven ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $5.40.

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

Hedge Funds Weigh In On Medical Properties Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MPW. Versant Capital Management Inc lifted its position in shares of Medical Properties Trust by 98.1% in the first quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 3,060 shares in the last quarter. GF Fund Management CO. LTD. bought a new stake in Medical Properties Trust in the fourth quarter valued at approximately $41,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Medical Properties Trust in the first quarter valued at approximately $41,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Medical Properties Trust during the 2nd quarter worth approximately $44,000. Finally, Brighton Jones LLC acquired a new stake in Medical Properties Trust during the 2nd quarter valued at $44,000. 71.79% of the stock is owned by institutional investors and hedge funds.

Medical Properties Trust Trading Up 0.7%

Shares of MPW stock traded up $0.04 on Friday, reaching $5.00. The company had a trading volume of 2,730,283 shares, compared to its average volume of 10,296,788. The stock has a market cap of $3.00 billion, a PE ratio of -2.09 and a beta of 1.35. The company has a 50-day moving average of $4.32 and a 200-day moving average of $4.84. 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 has a 12 month low of $3.51 and a 12 month high of $6.34.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. 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 $240.36 million for the quarter, compared to analyst estimates of $231.90 million. Medical Properties Trust had a negative net margin of 155.20% and a negative return on equity of 28.80%. The firm's revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.23 EPS. On average, equities analysts forecast that Medical Properties Trust will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders 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 dividend yield of 6.4%. Medical Properties Trust's dividend payout ratio is currently -13.39%.

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.