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

Medical Properties Trust, Inc. (NYSE:MPT) announced 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) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Thursday, June 18th.

Medical Properties Trust Trading Down 0.8%

Shares of MPT stock opened at $5.11 on Friday. The firm has a market cap of $3.06 billion, a P/E 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. The company has a 50-day moving average price of $4.96. Medical Properties Trust has a twelve month low of $3.95 and a twelve month high of $6.47.

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

Wall Street Analysts Forecast Growth

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