Medical Properties Trust, Inc. to Issue Quarterly Dividend of $0.09 (NYSE:MPT)

Medical Properties Trust, Inc. (NYSE:MPTGet Free Report) declared a quarterly dividend on Thursday, May 28th. Investors of record on Thursday, June 18th will be given a dividend of 0.09 per share on Thursday, July 16th. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, June 18th.

Medical Properties Trust Price Performance

Medical Properties Trust stock opened at $5.11 on Friday. The business’s 50 day moving average price is $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 market cap of $3.06 billion, a price-to-earnings ratio of -24.33 and a beta of 1.41. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 2.13.

Medical Properties Trust (NYSE:MPTGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.10). Medical Properties Trust had a negative return on equity of 2.70% and a negative net margin of 12.59%.The firm had revenue of $252.07 million for the quarter, compared to the consensus estimate of $252.59 million. During the same period in the previous year, the business earned $0.14 EPS. The firm’s revenue was up 12.6% compared to the same quarter last year. As a group, analysts predict that Medical Properties Trust will post 0.65 EPS for the current fiscal year.

Analysts Set New Price Targets

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 analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Medical Properties Trust

Medical Properties Trust Company Profile

(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.

Further Reading

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