Medical Properties Trust (NYSE:MPT) Releases Quarterly Earnings Results, Meets Estimates

Key Points

• Medical Properties Trust reported quarterly EPS of $0.15, matching analyst estimates, while revenue increased 7.9% year over year. The company nevertheless posted a negative net margin of 12.59% and negative return on equity of 2.70%.
• The REIT declared a quarterly dividend of $0.09, equivalent to $0.36 annually and a 7.7% yield; its payout ratio was negative 171.43%.
• Analyst sentiment remained cautious: RBC cut its price target to $4.50, Weiss Ratings downgraded the stock to sell, and the consensus rating was “Reduce” with a $4.50 price target.

Medical Properties Trust (NYSE:MPT - Get Free Report) announced its earnings results on Monday. The company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15, Briefing.com reports. Medical Properties Trust had a negative net margin of 12.59% and a negative return on equity of 2.70%. The business's quarterly revenue was up 7.9% compared to the same quarter last year.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $4.70 on Monday. The company has a debt-to-equity ratio of 2.13, a quick ratio of 3.11 and a current ratio of 3.11. The company has a market capitalization of $2.81 billion, a PE ratio of -22.38 and a beta of 1.41. Medical Properties Trust has a 12-month low of $3.95 and a 12-month high of $6.47. The company has a 50-day simple moving average of $4.72.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Thursday, June 18th were paid a $0.09 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.36 annualized dividend and a yield of 7.7%. Medical Properties Trust's dividend payout ratio (DPR) is -171.43%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MPT. Royal Bank Of Canada lowered their target price on Medical Properties Trust from $5.00 to $4.50 and set a "sector perform" rating on the stock in a research note 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 report on Tuesday, August 4th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus price target of $4.50.

Medical Properties Trust Company Profile

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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