Medical Properties Trust (NYSE:MPW - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $218.77 million for the quarter.
Medical Properties Trust Trading Down 0.1 %
Shares of MPW stock traded down $0.01 on Wednesday, reaching $5.02. 6,380,234 shares of the company's stock were exchanged, compared to its average volume of 12,745,618. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The company's fifty day simple moving average is $4.28 and its 200 day simple moving average is $4.64. Medical Properties Trust has a 52 week low of $3.45 and a 52 week high of $6.55. The stock has a market capitalization of $3.01 billion, a PE ratio of -1.19, a P/E/G ratio of 1.00 and a beta of 1.32.
Medical Properties Trust Announces Dividend
The business 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 6.38%. The ex-dividend date of this dividend is Monday, March 10th. Medical Properties Trust's payout ratio is presently -7.58%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on MPW shares. Truist Financial decreased their target price on Medical Properties Trust from $6.00 to $4.00 and set a "hold" rating for the company in a research report on Thursday, December 19th. Mizuho dropped their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating on the stock in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Medical Properties Trust currently has an average rating of "Hold" and a consensus target price of $4.92.
Check Out Our Latest Research Report on MPW
Insider Activity at Medical Properties Trust
In related news, CAO James Kevin Hanna sold 11,641 shares of the firm's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total value of $43,304.52. Following the completion of the transaction, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.53% of the stock is currently owned by insiders.
Medical Properties Trust Company Profile
(
Get Free Report)
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.
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