Should Medical Properties Trust Inc (NYSE: MPW) Revive After A -10.27% Drop From Highs?

During the last session, Medical Properties Trust Inc (NYSE:MPW)’s traded shares were 17.45 million, with the beta value of the company hitting 1.28. At the end of the trading day, the stock’s price was $5.94, reflecting an intraday loss of -4.81% or -$0.3. The 52-week high for the MPW share is $6.55, that puts it down -10.27 from that peak though still a striking 50.84% gain since the share price plummeted to a 52-week low of $2.92. The company’s market capitalization is $3.57B, and the average intraday trading volume over the past 10 days was 19.2 million shares, and the average trade volume was 13.28 million shares over the past three months.

Medical Properties Trust Inc (MPW) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.27. MPW has a Sell rating from 1 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.08.

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Medical Properties Trust Inc (NYSE:MPW) trade information

Medical Properties Trust Inc (MPW) registered a -4.81% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.81% in intraday trading to $5.94, hitting a weekly high. The stock’s 5-day price performance is 23.24%, and it has moved by 28.02% in 30 days. Based on these gigs, the overall price performance for the year is -2.46%. The short interest in Medical Properties Trust Inc (NYSE:MPW) is 236.71 million shares and it means that shorts have 19.19 day(s) to cover.

The consensus price target of analysts on Wall Street is $7.25, which implies an increase of 18.07% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $27 respectively. As a result, MPW is trading at a discount of -354.55% off the target high and 32.66% off the low.

Medical Properties Trust Inc (MPW) estimates and forecasts

Statistics show that Medical Properties Trust Inc has underperformed its competitors in share price, compared to the industry in which it operates. Medical Properties Trust Inc (MPW) shares have gone up 35.00% during the last six months, with a year-to-date growth rate less than the industry average at -43.40% against -3.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -57.90% this quarter and then drop -61.10% in the quarter after that. In the rating firms’ projections, revenue will decrease -22.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 253.48M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 252.33M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 306.58M and 336.62M respectively. In this case, analysts expect current quarter sales to shrink by -17.30% and then drop by -25.00% in the coming quarter.

While earnings are projected to return -20.50% in 2024.

MPW Dividends

Medical Properties Trust Inc is due to release its next quarterly earnings in October. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Medical Properties Trust Inc is 0.53, with the dividend yield indicating at 8.92 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 9.26%.

Medical Properties Trust Inc (NYSE:MPW)’s Major holders

Medical Properties Trust Inc insiders own 1.54% of total outstanding shares while institutional holders control 67.00%, with the float percentage being 68.04%. BLACKROCK INC. is the largest shareholder of the company, while 676.0 institutions own stock in it. As of 2024-06-30, the company held over 92.15 million shares (or 15.3511% of all shares), a total value of $397.18 million in shares.

The next largest institutional holding, with 92.1 million shares, is of VANGUARD GROUP INC’s that is approximately 15.3429% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $396.97 million.