Medical Properties Trust Inc (NYSE:MPW) price on current trading day, fall -1.66% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.71.
A look at the stock’s price movement, the level at last check in today’s session was $3.77, moving within a range at $3.68 and $3.73. The beta value (5-Year monthly) was 1.352. Turning to its 52-week performance, $6.55 and $2.92 were the 52-week high and 52-week low respectively. Overall, MPW moved -17.24% over the past month.
Medical Properties Trust Inc’s market cap currently stands at around $2.23 billion, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 0.46, with its dividend yield at 12.41%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 220.21M for the company’s revenue for the quarter, with a low and high estimate of 210.2M and 230.62M respectively. The average forecast suggests up to a 279.93% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 985.6M, representing a 13.05% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MPW is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 3 recommend MPW as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MPW’s current price about -8.28% and -14.71% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.21, while 7-day volatility ratio is 4.74% and 3.85% in the 30-day chart. Further, Medical Properties Trust Inc (MPW) has a beta value of 1.33, and an average true range (ATR) of 0.17. Analysts have given the company’s stock an average 52-week price target of $6.5, forecast between a low of $4 and high of $7.5. Looking at the price targets, the low is -7.82% off recent price level in today’s trading while to achieve the yearly target high, it has to move -102.16%. Nonetheless, investors will most likely welcome a -75.2% jump to $6.5 which is the analysts’ median price.
If we refocus on Medical Properties Trust Inc (NYSE:MPW), historical trading data shows that trading volumes averaged 14.91 over the past 10 days and 11.32 million over the past 3 months. The company’s latest data on shares outstanding shows there are 600.23 million shares.
The 13.79% of Medical Properties Trust Inc’s shares are in the hands of company insiders while institutional holders own 64.45% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 230.25 million on 2024-11-29, giving us a short ratio of 19.84. The data shows that as of 2024-11-29 short interest in Medical Properties Trust Inc (MPW) stood at 5315.0004 of shares outstanding, with shares short rising to 222.18 million registered in 2024-10-31. Current price change has pushed the stock -24.49% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MPW stock continues to rise going into the next quarter.
