Medical Properties Trust (MPW:NYE), a real estate investment trust, is set to release its quarterly earnings results on February 23, with analysts predicting earnings of $0.43 per share. MPW stock opened at $13.12 on Thursday and has seen an 8.4% increase in trading as a result of strong earnings expectations.
MPW Stock-Analyst Ratings & Holdings:
Despite mixed ratings from research analysts, with six giving a hold rating, four giving a buy rating, and one giving a strong buy rating, institutional investors have recently increased their stakes in the company. Covestor Ltd has raised its stake in Medical Properties Trust by 94.8%, while First Manhattan Co., Money Concepts Capital Corp, BOS Asset Management LLC, and Meridian Wealth Management LLC have all recently bought new positions.
MPW Stock Price Analysis:
Medical Properties Trust has a debt-to-equity ratio of 1.07, a current ratio of 1.98, and a quick ratio of 1.98. The company’s market capitalization is $7.85 billion, and it has a price-to-earnings ratio of 6.31, a PEG ratio of 0.69, and a beta of 0.93. Its 52-week range is $9.90 to $21.63.
With strong earnings expectations and institutional investor interest, Medical Properties Trust looks poised for a successful Q4.
Company Profile:
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.
From its inception in Birmingham, Alabama, the Company has grown to become one of the world’s largest owners of hospitals with 431 facilities and roughly 43,000 licensed beds in nine countries and across four continents on a pro forma basis.
MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades, and other investments in operations.
