Medical Properties Trust (NYSE:MPT) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Medical Properties Trust (NYSE:MPTGet Free Report) announced its quarterly earnings data on Thursday. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12), FiscalAI reports. Medical Properties Trust had a negative net margin of 28.50% and a negative return on equity of 5.83%. The company had revenue of $270.34 million for the quarter. During the same quarter in the previous year, the business earned $0.18 earnings per share. Medical Properties Trust’s revenue was up 16.6% on a year-over-year basis.

Medical Properties Trust Stock Down 5.8%

Medical Properties Trust stock opened at $5.67 on Friday. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 2.06. The stock has a market cap of $3.41 billion, a P/E ratio of -12.33 and a beta of 1.43. Medical Properties Trust has a 52 week low of $3.95 and a 52 week high of $6.47.

Medical Properties Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 12th will be paid a $0.09 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.3%. Medical Properties Trust’s dividend payout ratio is presently -78.26%.

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Wall Street Analyst Weigh In

MPT has been the topic of several research analyst reports. Wall Street Zen upgraded Medical Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Maxim Group initiated coverage on Medical Properties Trust in a report on Tuesday, February 3rd. They set a “buy” rating and a $8.00 target price for the company. Finally, Weiss Ratings began coverage on shares of Medical Properties Trust in a report on Tuesday, February 3rd. They issued a “sell (d-)” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Medical Properties Trust has an average rating of “Hold” and a consensus price target of $8.00.

Check Out Our Latest Stock Report on MPT

About Medical Properties Trust

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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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