Medical Properties Trust, Inc. (MPT) to Issue Quarterly Dividend of $0.09 on July 16th

Medical Properties Trust, Inc. (NYSE:MPT) declared a quarterly dividend on Thursday, May 28th. Shareholders of record on Thursday, June 18th will be paid a dividend of 0.09 per share on Thursday, July 16th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Thursday, June 18th.

Medical Properties Trust Stock Down 0.4%

Shares of MPT opened at $5.11 on Friday. The firm has a market cap of $3.06 billion, a price-to-earnings ratio of -24.33 and a beta of 1.41. The company has a fifty day moving average of $4.96. Medical Properties Trust has a fifty-two week low of $3.95 and a fifty-two week high of $6.47. The company has a debt-to-equity ratio of 2.13, a quick ratio of 3.11 and a current ratio of 3.11.

Medical Properties Trust (NYSE:MPT) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.10). The company had revenue of $252.07 million during the quarter, compared to analyst estimates of $252.59 million. Medical Properties Trust had a negative net margin of 12.59% and a negative return on equity of 2.70%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 EPS. As a group, equities research analysts anticipate that Medical Properties Trust will post 0.65 earnings per share for the current year.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Medical Properties Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Medical Properties Trust has a consensus rating of “Hold”.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.