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

Medical Properties Trust (NYSE:MPW) is scheduled to be announcing its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Medical Properties Trust (NYSE:MPW) last released its earnings results on Thursday, August 8th. The real estate investment trust reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.75). The company had revenue of $266.60 million for the quarter, compared to analyst estimates of $259.53 million. Medical Properties Trust’s quarterly revenue was down 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.48 EPS. On average, analysts expect Medical Properties Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Medical Properties Trust Trading Down 1.5 %

Shares of NYSE:MPW opened at $4.56 on Wednesday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.93 and a current ratio of 2.93. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of -1.70, a PEG ratio of 0.67 and a beta of 1.32. Medical Properties Trust has a 1-year low of $2.92 and a 1-year high of $6.55. The company has a 50 day moving average price of $5.16 and a 200 day moving average price of $4.92.

Medical Properties Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 9th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.02%. The ex-dividend date of this dividend was Monday, September 9th. Medical Properties Trust’s dividend payout ratio is presently -11.90%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Truist Financial boosted their target price on Medical Properties Trust from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 13th. Colliers Securities raised shares of Medical Properties Trust from a “neutral” rating to a “buy” rating and set a $6.50 price objective for the company in a research note on Friday, September 13th. Finally, Wolfe Research upgraded shares of Medical Properties Trust to a “hold” rating in a report on Monday, September 23rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.38.

Insider Transactions at Medical Properties Trust

In related news, Director Michael G. Stewart sold 32,780 shares of the business’s stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total transaction of $178,978.80. Following the transaction, the director now directly owns 221,245 shares of the company’s stock, valued at approximately $1,207,997.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $5.46, for a total transaction of $178,978.80. Following the completion of the sale, the director now owns 221,245 shares of the company’s stock, valued at approximately $1,207,997.70. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Elizabeth N. Pitman sold 10,025 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $4.98, for a total value of $49,924.50. Following the completion of the transaction, the director now owns 68,653 shares in the company, valued at $341,891.94. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 63,335 shares of company stock valued at $318,825 over the last three months. 1.53% of the stock is owned by corporate insiders.

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.