Medical Properties Trust, Inc. (NYSE:MPW) Receives $5.64 Average PT from Brokerages

Medical Properties Trust, Inc. (NYSE:MPW - Get Free Report) has received an average rating of "Hold" from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $5.75.

MPW has been the topic of several analyst reports. BNP Paribas raised Medical Properties Trust from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $5.00 to $9.00 in a report on Wednesday, March 12th. Wells Fargo & Company lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an "underweight" rating in a report on Monday, March 10th. StockNews.com raised shares of Medical Properties Trust from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. Finally, Royal Bank of Canada lifted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company a "sector perform" rating in a report on Monday, March 10th.

Medical Properties Trust Stock Performance

MPW traded up $0.06 during midday trading on Tuesday, hitting $5.45. 8,777,950 shares of the company were exchanged, compared to its average volume of 13,161,961. The company's 50 day simple moving average is $5.52 and its 200 day simple moving average is $4.79. The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of -1.29, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69.

Medical Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Monday, March 10th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 5.88%. The ex-dividend date was Monday, March 10th. Medical Properties Trust's payout ratio is presently -8.42%.

Hedge Funds Weigh In On Medical Properties Trust

A number of large investors have recently added to or reduced their stakes in the stock. Allworth Financial LP increased its stake in shares of Medical Properties Trust by 230.4% during the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 4,241 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Medical Properties Trust by 98.1% in the 1st quarter. Versant Capital Management Inc now owns 6,180 shares of the real estate investment trust's stock worth $37,000 after buying an additional 3,060 shares during the last quarter. RFG Advisory LLC purchased a new stake in Medical Properties Trust during the 4th quarter worth approximately $40,000. Silver Oak Securities Incorporated acquired a new position in shares of Medical Properties Trust during the fourth quarter valued at approximately $40,000. Finally, Verus Capital Partners LLC purchased a new position in shares of Medical Properties Trust in the fourth quarter valued at approximately $40,000. 71.79% of the stock is currently 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.