In yesterday’s Wall Street session, Medical Properties Trust Inc. (NYSE:MPW) shares traded at $12.53, up 1.29% from the previous session.
13 analysts cover Medical Properties Trust Inc. (NYSE:MPW), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $20.00 and a low of $10.00, we find $17.00. Given the previous closing price of $12.37, this indicates a potential upside of 37.43 percent. MPW stock price is now 5.85% away from the 50-day moving average and -23.76% away from the 200-day moving average. The market capitalization of the company currently stands at $7.46B.
The stock has received a hold rating from 6 analysts and a buy rating from 6. Brokers who have rated the stock have averaged $16.58 as their price target over the next twelve months.
With the price target enhanced from $13 to $16, BofA Securities Upgraded its rating from Neutral to Buy for Medical Properties Trust Inc. (NYSE: MPW). On July 14, 2022, Credit Suisse Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $23 to quote $17, while ‘JP Morgan’ rates the stock as ‘Neutral’.
In other news, HAMNER R STEVEN, Executive Vice President & CFO sold 285,000 shares of the company’s stock on Apr 07. The stock was sold for $5,996,400 at an average price of $21.04. Upon completion of the transaction, the Executive Vice President & CFO now directly owns 1,961,214 shares in the company, valued at $24.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 30, Chairman, President & CEO Aldag Edward K JR sold 615,000 shares of the business’s stock. A total of $13,117,950 was realized by selling the stock at an average price of $21.33. This leaves the insider owning 3,497,206 shares of the company worth $43.82 million. Insiders disposed of 2,167,554 shares of company stock worth roughly $27.16 million over the past 1 year. A total of 1.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in MPW stock. A new stake in Medical Properties Trust Inc. shares was purchased by HEITMAN REAL ESTATE SECURITIES LLC during the first quarter worth $36,487,000. GREAT WEST LIFE ASSURANCE CO /CAN/ invested $11,822,000 in shares of MPW during the first quarter. In the first quarter, CHIRON INVESTMENT MANAGEMENT, LLC acquired a new stake in Medical Properties Trust Inc. valued at approximately $10,371,000. VOLORIDGE INVESTMENT MANAGEMENT, LLC acquired a new stake in MPW for approximately $8,944,000. JANE STREET GROUP, LLC purchased a new stake in MPW valued at around $6,282,000 in the second quarter. In total, there are 843 active investors with 84.40% ownership of the company’s stock.
On Monday morning Medical Properties Trust Inc. (NYSE: MPW) stock kicked off with the opening price of $12.35. During the past 12 months, Medical Properties Trust Inc. has had a low of $9.90 and a high of $24.13. The fifty day moving average price for MPW is $11.84 and a two-hundred day moving average price translates $16.43 for the stock.
The latest earnings results from Medical Properties Trust Inc. (NYSE: MPW) was released for Jun, 2022. According to the REIT – Healthcare Facilities Company, earnings per share came in at $0.37, beating analysts’ expectations of $0.3 by 0.07. This compares to $0.29 EPS in the same period last year. The net profit margin was 79.40% and return on equity was 14.20% for MPW. The company reported revenue of $352.34 million for the quarter, compared to $390.78 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.84 percent. For the current quarter, analysts expect MPW to generate $391.64M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/13/2022. Investors who held shares on 09/15/2022 were paid a $0.29 dividend. On an annualized basis, this represents a $1.16 dividend and a 9.26% percent yield. There was an ex-dividend date of 09/14/2022 for this dividend. In terms of dividend payout ratio, MPW is presently at 55.20%.
Medical Properties Trust Inc.(MPW) 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 hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis. MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.