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Medical Properties (MPW) Dips More Than Broader Market: What You Should Know

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Medical Properties (MPW - Free Report) closed at $5.14 in the latest trading session, marking a -3.56% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.53%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 1%.

Prior to today's trading, shares of the health care real estate investment trust had gained 8.78% outpaced the Finance sector's gain of 0.87% and the S&P 500's gain of 2.06%.

The investment community will be closely monitoring the performance of Medical Properties in its forthcoming earnings report. The company is forecasted to report an EPS of $0.15, showcasing a 16.67% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $245.22 million, up 5.77% from the year-ago period.

MPW's full-year Zacks Consensus Estimates are calling for earnings of $0.55 per share and revenue of $946.9 million. These results would represent year-over-year changes of -31.25% and 0%, respectively.

Any recent changes to analyst estimates for Medical Properties should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.81% upward. Medical Properties presently features a Zacks Rank of #2 (Buy).

From a valuation perspective, Medical Properties is currently exchanging hands at a Forward P/E ratio of 7.9. This valuation marks a discount compared to its industry average Forward P/E of 11.31.

The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 100, putting it in the top 41% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.


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