Shares of Medical Properties Trust, Inc. (NYSE:MPW) have been assigned an average rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $17.25.
A number of analysts recently weighed in on MPW shares. Zacks Investment Research upgraded shares of Medical Properties Trust from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, April 16th. Deutsche Bank increased their price target on shares of Medical Properties Trust from $14.00 to $16.00 and gave the company a “hold” rating in a research report on Friday, March 29th.
In related news, Director Michael G. Stewart sold 6,830 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $18.47, for a total value of $126,150.10. Following the sale, the director now directly owns 224,615 shares in the company, valued at approximately $4,148,639.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.18% of the company’s stock.
Medical Properties Trust stock opened at $17.79 on Friday. The company has a current ratio of 9.37, a quick ratio of 9.37 and a debt-to-equity ratio of 0.82. Medical Properties Trust has a 1 year low of $13.79 and a 1 year high of $18.92. The firm has a market cap of $7.02 billion, a P/E ratio of 12.99, a PEG ratio of 3.33 and a beta of 0.63. The company’s 50-day simple moving average is $18.10.
Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, May 2nd. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). Medical Properties Trust had a net margin of 131.84% and a return on equity of 7.98%. The business had revenue of $180.45 million for the quarter, compared to analyst estimates of $182.00 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The business’s revenue for the quarter was down 12.0% on a year-over-year basis. On average, research analysts expect that Medical Properties Trust will post 1.35 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, June 13th will be given a $0.25 dividend. The ex-dividend date is Wednesday, June 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.62%. Medical Properties Trust’s dividend payout ratio is 72.99%.
Medical Properties Trust Company Profile
Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
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