Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) PT at $5.75

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $5.75.

Several research firms have commented on MPW. Wells Fargo & Company increased their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Wall Street Zen raised Medical Properties Trust from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. BNP Paribas upgraded Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Finally, Royal Bank of Canada boosted their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th.

Medical Properties Trust Price Performance

Shares of NYSE:MPW opened at $4.53 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 stock has a market cap of $2.72 billion, a PE ratio of -1.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.41. The stock’s fifty day simple moving average is $5.08 and its two-hundred day simple moving average is $4.84. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55.

Medical Properties Trust (NYSE:MPW) last announced its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $223.80 million for the quarter, compared to the consensus estimate of $233.80 million. During the same period in the prior year, the company posted $0.24 EPS. Medical Properties Trust’s revenue was down 17.5% compared to the same quarter last year. As a group, analysts forecast that Medical Properties Trust will post 0.78 EPS for the current fiscal year.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.06%. The ex-dividend date of this dividend is Wednesday, June 18th. Medical Properties Trust’s payout ratio is -11.55%.

Institutional Investors Weigh In On Medical Properties Trust

Several large investors have recently modified their holdings of the stock. Versor Investments LP raised its stake in shares of Medical Properties Trust by 192.3% in the fourth quarter. Versor Investments LP now owns 285,000 shares of the real estate investment trust’s stock valued at $1,126,000 after buying an additional 187,500 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Medical Properties Trust by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,838,540 shares of the real estate investment trust’s stock worth $34,912,000 after acquiring an additional 118,577 shares during the last quarter. Y Intercept Hong Kong Ltd increased its holdings in Medical Properties Trust by 506.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 63,207 shares of the real estate investment trust’s stock worth $250,000 after acquiring an additional 52,790 shares during the last quarter. Wilsey Asset Management Inc. raised its stake in Medical Properties Trust by 8.5% in the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust’s stock valued at $18,379,000 after acquiring an additional 362,582 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Medical Properties Trust during the fourth quarter valued at about $2,114,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

About Medical Properties Trust

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.