Medical Properties Trust, Inc. (NYSE:MPW) Receives Consensus Rating of “Hold” from Analysts

Shares of Medical Properties Trust, Inc. (NYSE:MPW) have received an average recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $5.64.

Several analysts have weighed in on MPW shares. Truist Financial lowered their target price on Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, December 19th. Wells Fargo & Company raised their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Monday, March 10th. BNP Paribas upgraded shares of Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. StockNews.com upgraded shares of Medical Properties Trust from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Royal Bank of Canada lifted their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the stock a “sector perform” rating in a research report on Monday, March 10th.

Medical Properties Trust Stock Performance

MPW opened at $5.93 on Friday. Medical Properties Trust has a 1-year low of $3.51 and a 1-year high of $6.55. The stock has a market cap of $3.56 billion, a P/E ratio of -1.40, a P/E/G ratio of 1.01 and a beta of 1.32. The stock’s 50 day simple moving average is $5.00 and its 200 day simple moving average is $4.78. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.38 and a quick ratio of 2.38.

Medical Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 10th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.40%. The ex-dividend date is Monday, March 10th. Medical Properties Trust’s payout ratio is -8.42%.

Insiders Place Their Bets

In other Medical Properties Trust news, CAO James Kevin Hanna sold 11,641 shares of the stock in a transaction 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 transaction, the chief accounting officer now owns 366,913 shares of the company’s stock, 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 through this link. 1.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Medical Properties Trust

Institutional investors have recently added to or reduced their stakes in the business. Truvestments Capital LLC acquired a new stake in Medical Properties Trust in the 3rd quarter worth about $31,000. Allworth Financial LP boosted its position in shares of Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 4,241 shares during the last quarter. Verus Capital Partners LLC purchased a new stake in Medical Properties Trust in the fourth quarter valued at approximately $40,000. RS Crum Inc. acquired a new position in Medical Properties Trust during the fourth quarter worth approximately $40,000. Finally, RFG Advisory LLC purchased a new position in Medical Properties Trust during the fourth quarter worth approximately $40,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.

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.