Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) PT at $4.92

Shares of Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) have received a consensus rating of "Hold" from the seven brokerages that are covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $4.92.

A number of analysts have weighed in on MPW shares. Truist Financial decreased their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a research note on Thursday, December 19th. Mizuho cut their price objective on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Thursday, December 5th.

Medical Properties Trust Price Performance

Shares of Medical Properties Trust stock traded up $0.81 during trading on Monday, reaching $5.58. 30,826,571 shares of the company's stock were exchanged, compared to its average volume of 12,481,823. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a market cap of $3.35 billion, a P/E ratio of -1.32, a PEG ratio of 1.01 and a beta of 1.32. The firm's 50-day moving average price is $4.37 and its 200 day moving average price is $4.64.

Medical Properties Trust (NYSE:MPW - Get Free Report) last issued its earnings results on Thursday, February 27th. The real estate investment trust reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. As a group, research analysts anticipate that Medical Properties Trust will post 0.78 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.32 annualized dividend and a yield of 5.74%. Medical Properties Trust's payout ratio is -7.58%.

Insider Transactions at Medical Properties Trust

In related news, CAO James Kevin Hanna sold 11,641 shares of the firm's stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares of the company's stock, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.53% of the company's stock.

Hedge Funds Weigh In On Medical Properties Trust

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in shares of Medical Properties Trust by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 10,742,446 shares of the real estate investment trust's stock valued at $42,446,000 after acquiring an additional 58,828 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Medical Properties Trust by 1.4% in the fourth 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 purchasing an additional 118,577 shares during the period. Northern Trust Corp increased its stake in Medical Properties Trust by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust's stock valued at $24,921,000 after purchasing an additional 2,385,081 shares in the last quarter. Silver Point Capital L.P. raised its holdings in shares of Medical Properties Trust by 155.3% during the third quarter. Silver Point Capital L.P. now owns 6,000,000 shares of the real estate investment trust's stock valued at $35,100,000 after purchasing an additional 3,650,000 shares during the period. Finally, Wilsey Asset Management Inc. boosted its position in shares of Medical Properties Trust by 8.5% during the 4th quarter. Wilsey Asset Management Inc. now owns 4,652,803 shares of the real estate investment trust's stock worth $18,379,000 after purchasing an additional 362,582 shares in the last quarter. 71.79% of the stock is owned by institutional investors and hedge funds.

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.