Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) Target Price at $5.75

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $5.67.

A number of research analysts have recently commented on the stock. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $5.00 to $9.00 in a research report on Wednesday, March 12th. Royal Bank Of Canada reduced their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research report on Monday, June 30th. Wall Street Zen downgraded shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Wells Fargo & Company lifted their price objective on shares of Medical Properties Trust from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Monday, March 10th.

Medical Properties Trust Stock Down 1.8%

MPW opened at $4.38 on Monday. The company has a fifty day moving average price of $4.72 and a 200-day moving average price of $4.88. The firm has a market capitalization of $2.63 billion, a P/E ratio of -1.58 and a beta of 1.29. The company has a debt-to-equity ratio of 1.99, a current ratio of 3.23 and a quick ratio of 3.23. Medical Properties Trust has a one year low of $3.51 and a one year high of $6.55.

Medical Properties Trust (NYSE:MPW) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The firm had revenue of $223.80 million for the quarter, compared to analysts’ expectations of $233.80 million. Medical Properties Trust had a negative net margin of 174.35% and a negative return on equity of 31.14%. The firm’s revenue for the quarter was down 17.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 earnings per share. Equities research analysts expect that Medical Properties Trust will post 0.78 earnings per share for the current fiscal year.

Medical Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 7.31%. The ex-dividend date is Wednesday, June 18th. Medical Properties Trust’s dividend payout ratio is presently -11.55%.

Institutional Trading of Medical Properties Trust

Several hedge funds have recently added to or reduced their stakes in the business. Novem Group lifted its stake in Medical Properties Trust by 8.1% in the first quarter. Novem Group now owns 27,606 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 2,058 shares during the last quarter. Beacon Financial Advisory LLC lifted its stake in Medical Properties Trust by 13.4% in the first quarter. Beacon Financial Advisory LLC now owns 20,196 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 2,386 shares during the last quarter. Sei Investments Co. lifted its stake in Medical Properties Trust by 6.6% in the fourth quarter. Sei Investments Co. now owns 39,252 shares of the real estate investment trust’s stock worth $155,000 after purchasing an additional 2,438 shares during the last quarter. HB Wealth Management LLC lifted its stake in Medical Properties Trust by 7.1% in the first quarter. HB Wealth Management LLC now owns 38,657 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 2,575 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Medical Properties Trust by 49.5% in the first quarter. Farther Finance Advisors LLC now owns 7,875 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 2,606 shares during the last quarter. 71.79% of the stock is owned by institutional investors.

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.