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

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

Medical Properties Trust Stock Performance

Shares of Medical Properties Trust stock traded down $0.04 during trading on Tuesday, hitting $4.82. 6,758,683 shares of the stock were exchanged, compared to its average volume of 12,123,006. The stock has a market cap of $2.89 billion, a PE ratio of -1.14, a P/E/G ratio of 1.01 and a beta of 1.32. The stock's fifty day moving average is $4.35 and its 200 day moving average is $4.64. Medical Properties Trust has a 12 month low of $3.51 and a 12 month high of $6.55. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 6.65%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio (DPR) is -7.58%.

Analyst Ratings Changes

MPW has been the subject of several analyst reports. Mizuho reduced their price objective on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a research report on Thursday, December 5th. Truist Financial cut their target price on 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. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, Medical Properties Trust currently has a consensus rating of "Hold" and a consensus target price of $4.92.

Insider Buying and Selling

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction 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 transaction, the chief accounting officer now directly owns 366,913 shares of the company's stock, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.53% of the stock is owned by corporate 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.