Wall Street Expects This Ultra-High-Yield Dividend Stock to Skyrocket 51%. Wait, Really?
Medical Properties Trust (NYSE: MPW) might provide great material for a country song. And I'm talking about one of those truck-broke-down-wife-left-me-and-there-ain't-no-beer-left kinds of country songs.
The healthcare REIT's revenue and earnings are declining. A major tenant is behind on its rent. The stock is down nearly 60% from its 52-week high. Short-sellers are betting a lot of money that it's going to fall even more.
Yet Wall Street expects this ultra-high-yield dividend stock to soar by 51% in the next 12 months.
Source Fool.com
Comments
Wall Street is an old, historic street. The 51% expected rate is also a doable number, papa's pizzeria think that.
