Medical Properties Trust, Inc. (NYSE:MPW) Receives Average Rating of "Reduce" from Brokerages

Key Points

• Medical Properties Trust, Inc. (NYSE:MPW) has received an average rating of "Reduce" from seven brokerages, with two analysts rating it as a sell, four as hold, and one as buy.
• The company recently reported a quarterly earnings miss, with earnings per share at $0.14, falling short of the consensus estimate of $0.15.
• A quarterly dividend of $0.08 per share has been declared, representing a 5.9% dividend yield for shareholders of record.

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) have been assigned an average rating of "Reduce" from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $5.40.

MPW has been the topic of a number of recent analyst reports. Zacks Research raised shares of Medical Properties Trust from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Wall Street Zen cut shares of Medical Properties Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Wells Fargo & Company lowered their price target on Medical Properties Trust from $5.00 to $4.50 and set an "underweight" rating on the stock in a research report on Wednesday, August 27th. Weiss Ratings restated a "sell (d-)" rating on shares of Medical Properties Trust in a research report on Saturday, September 27th. Finally, Royal Bank Of Canada decreased their price objective on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a report on Monday, June 30th.

Medical Properties Trust Trading Up 0.3%

Shares of MPW stock opened at $5.42 on Wednesday. The business's fifty day moving average is $4.59 and its 200 day moving average is $4.76. Medical Properties Trust has a 52-week low of $3.51 and a 52-week high of $6.34. The company has a market capitalization of $3.25 billion, a PE ratio of -2.27 and a beta of 1.39. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.76 and a current ratio of 2.76.

Medical Properties Trust (NYSE:MPW - Get Free Report) last released its quarterly 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 business had revenue of $240.36 million during the quarter, compared to analysts' expectations of $231.90 million. During the same period in the previous year, the business earned $0.23 EPS. The business's revenue was down 9.8% on a year-over-year basis. On average, equities research analysts anticipate that Medical Properties Trust will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th will be paid 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 5.9%. Medical Properties Trust's dividend payout ratio (DPR) is -13.39%.

Hedge Funds Weigh In On Medical Properties Trust

A number of large investors have recently added to or reduced their stakes in the business. Oak Thistle LLC raised its position in Medical Properties Trust by 28.1% in the 3rd quarter. Oak Thistle LLC now owns 452,458 shares of the real estate investment trust's stock worth $2,294,000 after purchasing an additional 99,150 shares during the period. AssuredPartners Investment Advisors LLC increased its holdings in shares of Medical Properties Trust by 1.4% in the third quarter. AssuredPartners Investment Advisors LLC now owns 180,159 shares of the real estate investment trust's stock worth $913,000 after buying an additional 2,480 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Medical Properties Trust by 24.7% in the second quarter. Osaic Holdings Inc. now owns 449,270 shares of the real estate investment trust's stock worth $1,938,000 after buying an additional 89,082 shares during the period. Orion Porfolio Solutions LLC increased its holdings in shares of Medical Properties Trust by 453.0% in the second quarter. Orion Porfolio Solutions LLC now owns 68,325 shares of the real estate investment trust's stock worth $294,000 after buying an additional 55,970 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Medical Properties Trust by 2.6% in the second quarter. Thrivent Financial for Lutherans now owns 452,392 shares of the real estate investment trust's stock worth $1,950,000 after buying an additional 11,386 shares during the period. Hedge funds and other institutional investors 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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