The price of Medical Properties Trust Inc (NYSE:MPW) shares last traded on Wall Street fell -2.54% to $4.98.
MPW stock price is now 7.93% away from the 50-day moving average and 3.21% away from the 200-day moving average. The market capitalization of the company currently stands at $2.98B.
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With the price target maintained at $5, Deutsche Bank recently Upgraded its rating from Sell to Hold for Medical Properties Trust Inc (NYSE: MPW). On April 10, 2024, Colliers Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $10 to quote $4.25, while ‘Exane BNP Paribas’ rates the stock as ‘Outperform’
A total of 1.94% of the company’s stock is owned by insiders.
During the past 12 months, Medical Properties Trust Inc has had a low of $2.92 and a high of $10.74. The fifty day moving average price for MPW is $4.614 and a two-hundred day moving average price translates $4.82495 for the stock.
The latest earnings results from Medical Properties Trust Inc (NYSE: MPW) was released for 2024-03-31. According to the REIT – Healthcare Facilities Company, earnings per share came in at -0.07, missing analysts’ expectations of 0.22 by -0.29. This compares to $0.05 EPS in the same period last year. The net profit margin was -167.24% and return on equity was -17.35% for MPW. The company reported revenue of $271.32 million for the quarter, compared to $350.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.53 percent. For the current quarter, analysts expect MPW to generate $254.64M in revenue.
