Medical Properties Trust (MPW) to Release Earnings on Wednesday

Medical Properties Trust (NYSE:MPW) is expected to be announcing its earnings results 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 Price Performance

Shares of MPW opened at $4.95 on Tuesday. 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 stock has a 50 day simple moving average of $4.24 and a 200 day simple moving average of $4.63. Medical Properties Trust has a 52-week low of $3.45 and a 52-week high of $6.55. The firm has a market capitalization of $2.97 billion, a PE ratio of -1.17, a P/E/G ratio of 1.05 and a beta of 1.32.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be given a $0.08 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.32 annualized dividend and a dividend yield of 6.47%. Medical Properties Trust’s dividend payout ratio is presently -7.58%.

Insider Transactions at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $3.72, for a total transaction of $43,304.52. Following the sale, the chief accounting officer now owns 366,913 shares in the company, valued at $1,364,916.36. This represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MPW shares. Truist Financial decreased their price objective on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Mizuho decreased their price objective on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $4.92.

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.