Medical Properties Trust (NYSE:MPT) Shares Up 2.2% – What’s Next?

Medical Properties Trust, Inc. (NYSE:MPT) was up 2.2% during trading on Wednesday . The company traded as high as $5.28 and last traded at $5.16. Approximately 6,073,674 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 5,464,737 shares. The stock had previously closed at $5.05.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Medical Properties Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold”.

Medical Properties Trust Stock Up 2.2%

The firm’s 50-day moving average price is $4.95. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of -24.57 and a beta of 1.41. The company has a debt-to-equity ratio of 2.13, a current ratio of 3.11 and a quick ratio of 3.11.

Medical Properties Trust (NYSE:MPT) last issued its earnings results on Thursday, April 30th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.10). The business had revenue of $252.07 million during the quarter, compared to analyst estimates of $252.59 million. Medical Properties Trust had a negative net margin of 12.59% and a negative return on equity of 2.70%. Medical Properties Trust’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the company earned $0.14 earnings per share. On average, sell-side analysts anticipate that Medical Properties Trust, Inc. will post 0.65 earnings per share for the current year.

About Medical Properties Trust

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.