Medical Properties Trust (MPW) Scheduled to Post Earnings on Thursday

Medical Properties Trust (NYSE:MPW) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Parties interested in listening to the company’s earnings conference call can do so using this link.

Medical Properties Trust Stock Performance

Shares of NYSE MPW traded up $0.25 during midday trading on Tuesday, hitting $4.82. The company’s stock had a trading volume of 9,015,228 shares, compared to its average volume of 18,995,096. The stock has a fifty day moving average price of $4.81 and a 200 day moving average price of $4.42. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of -2.14, a P/E/G ratio of 0.65 and a beta of 1.27. Medical Properties Trust has a one year low of $2.92 and a one year high of $10.12. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 1.51.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, June 10th were given a dividend of $0.15 per share. The ex-dividend date was Monday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 12.45%. Medical Properties Trust’s dividend payout ratio is currently -27.03%.

Analyst Ratings Changes

A number of research firms recently issued reports on MPW. Deutsche Bank Aktiengesellschaft upgraded Medical Properties Trust from a “sell” rating to a “hold” rating and boosted their price objective for the company from $2.00 to $5.00 in a research note on Wednesday, April 17th. Royal Bank of Canada restated a “sector perform” rating and issued a $5.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, May 14th. BNP Paribas cut shares of Medical Properties Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $6.00 to $4.00 in a research note on Tuesday, July 2nd. Truist Financial increased their target price on shares of Medical Properties Trust from $4.50 to $5.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. Finally, StockNews.com lowered shares of Medical Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Medical Properties Trust has an average rating of “Hold” and an average target price of $5.61.

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.