The high in the last 52 weeks of Medical Properties Trust stock was 10.72. According to the current price, Medical Properties Trust is 49.63% away from the 52-week high. What are analysts forecasts for Medical Properties Trust stock?
Is Medical Properties Trust (MPW) stock a good investment?
Medical Properties Trust (NYSE: MPW) stock is trading at a little more than a $1 higher than its 52-week low, and its dividend yield is an enticing 14%. However, the real estate investment trust ( REIT) is facing multiple issues with struggling tenants and a recent short-seller attack.
What happened to Medical Properties Trust's stock?
Medical Properties Trust's stock rose recently after it said that it was selling 11 Australian hospitals that are operated by Healthscope to affiliates of HMC Capital, including HealthCo Healthcare & Wellness REIT, for $800 million. The deal is expected to close in the second half of this year.
