Medical Properties Trust Inc (NYSE:MPW) shares traded -4.04% lower at $4.51 on Wall Street last session.
MPW stock price is now 18.01% away from the 50-day moving average and -22.56% away from the 200-day moving average. The market capitalization of the company currently stands at $2.70B.
With the price target maintained at $6, Exane BNP Paribas recently Upgraded its rating from Neutral to Outperform for Medical Properties Trust Inc (NYSE: MPW). On January 30, 2024, Deutsche Bank recently initiated its ‘Sell’ rating on the stock quoting a target price of $2, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
A total of 1.98% of the company’s stock is owned by insiders.
During the past 12 months, Medical Properties Trust Inc has had a low of $2.92 and a high of $10.74. The fifty day moving average price for MPW is $3.8894 and a two-hundred day moving average price translates $5.6554 for the stock.
The latest earnings results from Medical Properties Trust Inc (NYSE: MPW) was released for Dec, 2023. According to the REIT – Healthcare Facilities Company, earnings per share came in at $0.18, beating analysts’ expectations of $0.03 by 0.15. This compares to -$0.24 EPS in the same period last year. The net profit margin was -64.02% and return on equity was -6.88% for MPW. The company reported revenue of -$122.38 million for the quarter, compared to $380.49 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -132.16 percent. For the current quarter, analysts expect MPW to generate $284.81M 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.
