Medical Properties Trust Inc (NYSE:MPW) traded at $4.09 at close of the session on Monday, April 08, made an upward move of 0.99% on its previous day’s price.
Looking at the stock we see that its previous close was $4.05 and the beta (5Y monthly) reads 1.21 . In terms of its 52-week price range, MPW has a high of $10.74 and a low of $2.92. The company’s stock has lost about -7.88% over that past 30 days.
Medical Properties Trust Inc has a market cap of $2.45 billion and is expected to release its quarterly earnings report on Apr 25, 2024 – Apr 29, 2024. With its Forward Dividend at 0.59 and a yield of 14.43%, the company’s investors could be anxious for the MPW stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.07, with the EPS growth for the year raised at $0.41 for 2024 and $0.52 for next year. These figures represent 13.90% and 26.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $276.85 million, with a low of $256 million and a high of $300.7 million. The median projection represents growth adding up to -20.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $1.15 billion, or -13.60% down from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the MPW stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -4.52% off its SMA20 and 4.09% from its 50-day simple moving average. The RSI (14) is pointing at 46.80 while the volatility over the past week is 3.77% and jumps to 5.83% over the past one month. The beta value is 1.24, while the average true range (ATR) is currently pointing at 0.24.
Coming back to Medical Properties Trust Inc (NYSE:MPW), we note that the average 3-month trading volume was 21.68 million, while that of the preceding 10-day period stands at 16.29 million. Current shares outstanding are 598.99 million.
The insiders hold 2.02% of the company’s shares while institutions hold 73.62%. The data shows that short shares as of Mar 15, 2024, stood at 196.79 million at a short ratio of 8.18. This represents a 32.85% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 197.33 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -16.70% down in year-to-date price movement.
