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

Medical Properties Trust (NYSE:MPW) is expected to be announcing its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $218.77 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Medical Properties Trust Stock Performance

Shares of MPW stock opened at $4.82 on Wednesday. The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of -1.14, a PEG ratio of 1.01 and a beta of 1.32. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.38 and a current ratio of 2.38. The company has a 50-day simple moving average of $4.35 and a 200 day simple moving average of $4.64. Medical Properties Trust has a 52 week low of $3.51 and a 52 week high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 6.65%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s payout ratio is -7.58%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MPW shares. Truist Financial cut their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Mizuho cut their price objective on shares of Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a 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 given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $4.92.

Insider Activity

In other news, CAO James Kevin Hanna sold 11,641 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now directly owns 366,913 shares in the company, valued at approximately $1,364,916.36. The trade was a 3.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.53% of the company’s stock.

Medical Properties Trust Company Profile

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.