Medical Properties Trust (MPW) to Release Earnings on Thursday

Medical Properties Trust (NYSE:MPW - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Medical Properties Trust Stock Up 4.5 %

NYSE MPW traded up $0.21 on Thursday, hitting $4.84. 11,836,098 shares of the company's stock were exchanged, compared to its average volume of 21,645,879. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.26 and a current ratio of 2.26. The firm's 50-day moving average price is $4.35 and its two-hundred day moving average price is $4.32. Medical Properties Trust has a fifty-two week low of $2.92 and a fifty-two week high of $10.74.

Medical Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Monday, April 22nd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.40%. The ex-dividend date was Friday, April 19th. Medical Properties Trust's dividend payout ratio is currently -63.83%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Colliers Securities cut Medical Properties Trust from a "buy" rating to a "neutral" rating and lowered their target price for the company from $10.00 to $4.25 in a report on Wednesday, April 10th. StockNews.com lowered Medical Properties Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 22nd. KeyCorp reissued a "sector weight" rating on shares of Medical Properties Trust in a research note on Friday, January 5th. Mizuho cut their target price on Medical Properties Trust from $9.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 3rd. Finally, BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and set a $6.00 target price on the stock in a research report on Friday, March 1st. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $5.75.

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.