Medical Properties Trust (NYSE:MPW - Get Free Report) will likely be issuing 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 Stock Down 0.3 %
Shares of NYSE MPW traded down $0.02 during mid-day trading on Thursday, reaching $5.01. The company had a trading volume of 6,047,690 shares, compared to its average volume of 12,542,737. The firm has a 50 day simple moving average of $4.28 and a two-hundred day simple moving average of $4.64. Medical Properties Trust has a 52-week low of $3.45 and a 52-week 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. The stock has a market cap of $3.01 billion, a P/E ratio of -1.19, a PEG ratio of 1.01 and a beta of 1.32.
Medical Properties Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.39%. The ex-dividend date is Monday, March 10th. Medical Properties Trust's dividend payout ratio (DPR) is currently -7.58%.
Insider Activity
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 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 approximately $1,364,916.36. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.53% of the company's stock.
Analyst Ratings Changes
MPW has been the topic of a number of research reports. Mizuho dropped their price target on 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. Truist Financial decreased their price target 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. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $4.92.
Read Our Latest Stock Analysis on MPW
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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