In yesterday’s Wall Street session, Medical Properties Trust Inc. (NYSE:MPW) shares traded at $9.85, up 0.10% 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 $18.00 and a low of $9.00, we find $11.50. Given the previous closing price of $9.84, this indicates a potential upside of 16.87 percent. MPW stock price is now 13.16% away from the 50-day moving average and -5.05% away from the 200-day moving average. The market capitalization of the company currently stands at $5.93B.
The stock has received a hold rating from 6 analysts and a buy rating from 6. Brokers who have rated the stock have averaged $11.67 as their price target over the next twelve months.
With the price target of $9, Wells Fargo recently initiated with Equal Weight rating for Medical Properties Trust Inc. (NYSE: MPW).
Insiders disposed of 465,302 shares of company stock worth roughly $4.58 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 MAN GROUP PLC during the first quarter worth $28,851,000. BOUNDARY CREEK ADVISORS LP invested $20,649,000 in shares of MPW during the first quarter. In the first quarter, POINT72 ASSET MANAGEMENT, L.P. acquired a new stake in Medical Properties Trust Inc. valued at approximately $10,470,000. COHEN & STEERS, INC. acquired a new stake in MPW for approximately $6,575,000. WALLEYE CAPITAL LLC purchased a new stake in MPW valued at around $5,308,000 in the second quarter. In total, there are 862 active investors with 84.10% ownership of the company’s stock.
During the past 12 months, Medical Properties Trust Inc. has had a low of $7.10 and a high of $17.36. According to the stock market information, the enterprise value for the company is $16.17B, which is based on a 19.54 price-to-earnings ratio, a 1.90 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for MPW is $8.74 and a two-hundred day moving average price translates $10.36 for the stock.
The latest earnings results from Medical Properties Trust Inc. (NYSE: MPW) was released for Mar, 2023. According to the REIT – Healthcare Facilities Company, earnings per share came in at $0.05, missing analysts’ expectations of $0.22 by -0.17. This compares to $1.05 EPS in the same period last year. The net profit margin was 20.40% and return on equity was 3.50% for MPW. The company reported revenue of $350.21 million for the quarter, compared to $409.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.54 percent. For the current quarter, analysts expect MPW to generate $352.37M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 07/13/2023. Investors who held shares on 06/15/2023 were paid a $0.29 dividend. On an annualized basis, this represents a $1.16 dividend and a 11.78% percent yield. There was an ex-dividend date of 06/14/2023 for this dividend. In terms of dividend payout ratio, MPW is presently at 230.20%.
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 hospital real estate with 444 facilities and approximately 45,000 licensed beds in ten countries and across four continents. 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.
