Medical Properties Trust (NYSE:MPT) Reaches New 1-Year Low – Here’s What Happened

Shares of Medical Properties Trust, Inc. (NYSE:MPTGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $3.96 and last traded at $3.96, with a volume of 4230293 shares. The stock had previously closed at $4.09.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Analysis on Medical Properties Trust

Medical Properties Trust Stock Performance

The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 2.16. The stock has a market capitalization of $2.41 billion, a P/E ratio of -67.33 and a beta of 1.40. The stock has a fifty day simple moving average of $4.46.

Medical Properties Trust (NYSE:MPTGet Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. The business had revenue of $259.28 million for the quarter. Medical Properties Trust had a negative return on equity of 0.66% and a negative net margin of 2.96%.The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities research analysts expect that Medical Properties Trust, Inc. will post 0.6 EPS for the current year.

Medical Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 10th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Thursday, September 10th. Medical Properties Trust’s dividend payout ratio (DPR) is -600.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Continuum Advisory LLC purchased a new stake in Medical Properties Trust during the 2nd quarter valued at approximately $31,000. Nykredit A S bought a new position in shares of Medical Properties Trust during the second quarter worth $41,000. OneAscent Family Office LLC purchased a new position in Medical Properties Trust during the second quarter valued at $49,000. Greenspring Advisors LLC purchased a new position in Medical Properties Trust during the second quarter valued at $54,000. Finally, Callan Family Office LLC bought a new stake in Medical Properties Trust in the 2nd quarter valued at $66,000. 71.79% of the stock is currently owned by institutional investors.

About Medical Properties Trust

(Get Free Report)

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.

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