Stocks of Medical Properties Trust Inc (NYSE:MPW) traded higher last session on Wall Street, down -3.34% to $4.63.
According to the data, Medical Properties Trust Inc (NYSE:MPW) has 12 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $4.00, we find $5.50. Given the previous closing price of $4.79, this indicates a potential upside of 14.82 percent. MPW stock price is now -5.06% away from the 50-day moving average and -37.92% away from the 200-day moving average. The market capitalization of the company currently stands at $2.77B.
A total of 6 analysts have issued a hold rating and 2 have given it a buy rating. Brokers who have rated the stock have averaged $6.70 as their price target over the next twelve months.
With the price target reduced from $12 to $4.50, Stifel Downgraded its rating from Buy to Hold for Medical Properties Trust Inc (NYSE: MPW).
Insiders disposed of 529,477 shares of company stock worth roughly $2.45 million over the past 1 year. A total of 1.64% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $4.7900 for Medical Properties Trust Inc (NYSE: MPW). During the past 12 months, Medical Properties Trust Inc has had a low of $4.04 and a high of $14.00. The fifty day moving average price for MPW is $4.8770 and a two-hundred day moving average price translates $7.4581 for the stock.
The latest earnings results from Medical Properties Trust Inc (NYSE: MPW) was released for Sep, 2023. According to the REIT – Healthcare Facilities Company, earnings per share came in at $0.19, inline with analysts’ expectations of $0.19. This compares to $0.37 EPS in the same period last year. The net profit margin was -2.54% and return on equity was -0.41% for MPW. The company reported revenue of $306.58 million for the quarter, compared to $352.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.99 percent. For the current quarter, analysts expect MPW to generate $342.15M in revenue.
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 441 facilities and approximately 44,000 licensed beds as of September 30, 2023. Since the end of the third quarter, the Company has sold four facilities and now owns approximately 43,000 licensed beds in nine countries across three 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.
