Medical Properties Trust Sees Unusually High Options Volume (NYSE:MPT)

Medical Properties Trust, Inc. (NYSE:MPT) was the target of some unusual options trading activity on Tuesday. Stock traders acquired 17,517 call options on the company. This is an increase of approximately 44% compared to the typical volume of 12,158 call options.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MPT. Weiss Ratings upgraded shares of Medical Properties Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Royal Bank Of Canada decreased their price objective on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $4.50.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock opened at $4.80 on Thursday. Medical Properties Trust has a one year low of $3.95 and a one year high of $6.47. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 2.13. The company’s 50-day simple moving average is $4.81. The company has a market cap of $2.87 billion, a price-to-earnings ratio of -22.86 and a beta of 1.42.

Medical Properties Trust (NYSE:MPT) last issued its earnings results on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.10). Medical Properties Trust had a negative return on equity of 2.70% and a negative net margin of 12.59%.The business had revenue of $252.07 million during the quarter, compared to the consensus estimate of $252.59 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. On average, sell-side analysts expect that Medical Properties Trust will post 0.63 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th were paid a $0.09 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.36 annualized dividend and a dividend yield of 7.5%. Medical Properties Trust’s payout ratio is currently -171.43%.

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.