Medical Properties Trust (NYSE:MPT) Sets New 52-Week Low – What’s Next?

Medical Properties Trust, Inc. (NYSE:MPT)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $3.86 and last traded at $3.87, with a volume of 5179016 shares. The stock had previously closed at $3.99.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Weiss Ratings cut shares of Medical Properties Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. Royal Bank Of Canada dropped their price target on shares of Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Finally, Wells Fargo & Company reduced their price objective on shares of Medical Properties Trust from $5.00 to $3.80 and set an “underweight” rating for the company in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Sell” and an average price target of $4.15.

Medical Properties Trust Price Performance

The firm has a market cap of $2.20 billion, a price-to-earnings ratio of -61.33 and a beta of 1.40. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 2.16. The company’s 50-day moving average price is $4.38.

Medical Properties Trust (NYSE:MPT) last released its earnings results on Monday, August 10th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The firm had revenue of $259.28 million during the quarter. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The company’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, research analysts anticipate that Medical Properties Trust, Inc. will post 0.6 earnings per share for the current year.

Medical Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.

Institutional Investors Weigh In On Medical Properties Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. Continuum Advisory LLC purchased a new position in Medical Properties Trust during the second quarter valued at $31,000. Nykredit A S bought a new position in shares of Medical Properties Trust during the 2nd quarter valued at about $41,000. OneAscent Family Office LLC bought a new position in shares of Medical Properties Trust during the 2nd quarter valued at about $49,000. Tidal Investments LLC purchased a new position in shares of Medical Properties Trust during the second quarter valued at about $49,000. Finally, Greenspring Advisors LLC purchased a new position in shares of Medical Properties Trust during the second quarter valued at about $54,000. Institutional investors own 71.79% of the company’s stock.

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.