Medical Properties Trust (MPW) Projected to Post Quarterly Earnings on Thursday

Medical Properties Trust (NYSE:MPW - Get Free Report) is expected to release its Q4 2024 earnings data before the market opens on Thursday, February 27th. Analysts expect Medical Properties Trust to post earnings of $0.16 per share and revenue of $218.77 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Medical Properties Trust Trading Up 5.6 %

MPW stock traded up $0.32 during trading on Friday, reaching $5.90. 37,733,618 shares of the stock traded hands, compared to its average volume of 13,131,109. The business's 50 day moving average price is $4.40 and its 200-day moving average price is $4.65. The firm has a market capitalization of $3.54 billion, a PE ratio of -1.40, a P/E/G ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38. Medical Properties Trust has a 52-week low of $3.51 and a 52-week high of $6.55.

Medical Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 5.43%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust's payout ratio is currently -7.58%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. 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 research report on Thursday, December 5th. Truist Financial reduced their price target on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating on the stock in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $4.92.

Insiders Place Their Bets

In related news, CAO James Kevin Hanna sold 11,641 shares of Medical Properties Trust stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the sale, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.53% of the stock is owned by company insiders.

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.