10 Firms End 2024 Stronger With Impressive Gains

4. Medical Properties Trust Inc. (NYSE:MPW)

Shares in Medical Properties grew by 6.18 percent on Wednesday, ending 2024 higher at $3.95 each. However, year-to-date shares marked a 22 percent decline from $5.06 apiece.

According to analysts, the upcoming release of the company’s earnings sparked investor appetite, with net sales expected to more than triple to $217.15 million and full-year revenues at $980.85 million.

In terms of valuation, Medical Properties is currently trading at a Forward P/E ratio of 4.84 which indicates a discount as compared with the average Forward P/E of 11.8 of its industry.

Medical Properties is an American real estate investment trust company that mainly invests in healthcare facilities subject to NNN leases.