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

Medical Properties Trust (NYSE:MPW - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect Medical Properties Trust to post earnings of $0.04 per share and revenue of $218.77 million for the quarter.

Medical Properties Trust Stock Up 2.2 %

Shares of NYSE MPW traded up $0.11 during mid-day trading on Friday, reaching $4.95. 6,389,157 shares of the company were exchanged, compared to its average volume of 14,785,350. The firm has a 50-day moving average of $4.23 and a 200 day moving average of $4.63. Medical Properties Trust has a 1 year low of $3.45 and a 1 year high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of -1.17, a P/E/G ratio of 1.05 and a beta of 1.32.

Medical Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust's dividend payout ratio is currently -7.58%.

Insider Buying and Selling at Medical Properties Trust

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the company's 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 sale, the chief accounting officer now directly owns 366,913 shares of the company's stock, valued at approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.53% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MPW. Truist Financial lowered their target price on shares of Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a research note on Thursday, December 19th. Mizuho lowered 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $4.92.

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.