Medical Properties Trust Inc (NYSE:MPW) shares, rose in value, with the stock price down by -0.47% to the previous day’s close as strong demand from buyers drove the stock to $4.23.
Actively observing the price movement in the last trading, the stock closed the session at $4.25. The value of beta (5-year monthly) was 1.21. Referring to stock’s 52-week performance, its high was $10.74, and the low was $2.92. On the whole, MPW has fluctuated by -4.51% over the past month.
With the market capitalization of Medical Properties Trust Inc currently standing at about $2.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 25, 2024 – Apr 29, 2024. The company’s Forward Dividend Ratio is 0.59, with its dividend yield at 13.95%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.07, which is expected to increase to $0.16 for fiscal year $0.43 and then to about $0.54 by fiscal year 2025. Data indicates that the EPS growth is expected to be 19.40% in 2025, while the next year’s EPS growth is forecast to be 25.60%.
Analysts have estimated the company’s revenue for the quarter at $279.05 million, with a low estimate of $256 million and a high estimate of $300.7 million. According to the average forecast, sales growth in current quarter could jump down -20.30%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $1.16 billion, representing a decrease of -13.10% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that MPW’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of MPW currently trading nearly -2.02% and 8.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.20, while the 7-day volatility ratio is showing 4.65% which for the 30-day chart, stands at 6.09%. Furthermore, Medical Properties Trust Inc (MPW)’s beta value is 1.24, and its average true range (ATR) is 0.26.
A comparison of Medical Properties Trust Inc (MPW) with its peers suggests the former has fared considerably weaker in the market. MPW showed an intraday change of -0.47% in last session, and over the past year, it shrunk by -48.16%%.
Data on historical trading for Medical Properties Trust Inc (NYSE:MPW) indicates that the trading volumes over the past 10 days have averaged 16.48 million and over the past 3 months, they’ve averaged 24.05 million. According to company’s latest data on outstanding shares, there are 598.99 million shares outstanding.
Nearly 1.98% of Medical Properties Trust Inc’s shares belong to company insiders and institutional investors own 73.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 196.79 million shares as on Mar 15, 2024, resulting in a short ratio of 8.18. According to the data, the short interest in Medical Properties Trust Inc (MPW) stood at 32.85% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 197.33 million. The stock has fallen by -13.85% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MPW stock heading into the next quarter.
