Analysts Set Medical Properties Trust, Inc. (NYSE:MPW) Price Target at $5.64

Medical Properties Trust, Inc. (NYSE:MPW) has been given an average recommendation of “Hold” by the eight analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $5.64.

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Truist Financial dropped their price objective on shares of Medical Properties Trust from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Mizuho reduced their target price on Medical Properties Trust from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $5.00 to $9.00 in a research note on Wednesday, March 12th. Finally, Royal Bank of Canada increased their price objective on Medical Properties Trust from $4.00 to $5.00 and gave the company a “sector perform” rating in a research report on Monday, March 10th.

Insider Transactions at Medical Properties Trust

In other news, CAO James Kevin Hanna sold 11,641 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $3.72, for a total value of $43,304.52. Following the transaction, the chief accounting officer now owns 366,913 shares in the company, valued at approximately $1,364,916.36. This trade represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.53% of the company’s stock.

Institutional Investors Weigh In On Medical Properties Trust

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP increased its position in shares of Medical Properties Trust by 230.4% in the fourth quarter. Allworth Financial LP now owns 6,082 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 4,241 shares during the period. Truvestments Capital LLC purchased a new position in Medical Properties Trust during the 3rd quarter valued at about $31,000. RFG Advisory LLC bought a new position in Medical Properties Trust during the 4th quarter valued at approximately $40,000. Silver Oak Securities Incorporated purchased a new stake in Medical Properties Trust in the 4th quarter worth approximately $40,000. Finally, Verus Capital Partners LLC bought a new stake in shares of Medical Properties Trust in the 4th quarter worth approximately $40,000. Hedge funds and other institutional investors own 71.79% of the company’s stock.

Medical Properties Trust Stock Up 0.9 %

Shares of NYSE MPW opened at $6.00 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.69. The business has a 50-day moving average of $5.04 and a 200-day moving average of $4.79. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of -1.42, a PEG ratio of 1.01 and a beta of 1.32. Medical Properties Trust has a 12 month low of $3.51 and a 12 month high of $6.55.

Medical Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.34%. Medical Properties Trust’s dividend payout ratio (DPR) is currently -8.42%.

Medical Properties Trust 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.