Medical Properties Trust (MPW) to Release Quarterly Earnings on Wednesday

Medical Properties Trust (NYSE:MPW) is expected to post its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect Medical Properties Trust to post earnings of $0.04 per share and revenue of $218.77 million for the quarter.

Medical Properties Trust Stock Performance

Shares of NYSE:MPW opened at $4.75 on Wednesday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of -1.12, a PEG ratio of 1.05 and a beta of 1.32. Medical Properties Trust has a 12 month low of $3.35 and a 12 month high of $6.55. The firm’s 50-day moving average is $4.19 and its 200 day moving average is $4.63.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.74%. Medical Properties Trust’s dividend payout ratio is -7.58%.

Analysts Set New Price Targets

A number of research firms recently issued reports on MPW. Truist Financial dropped their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Mizuho lowered their target price on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Medical Properties Trust has a consensus rating of “Hold” and an average target price of $4.92.

Insiders Place Their Bets

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.53% 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.