Medical Properties Trust(MPW)

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Is This 13%-Yielding Stock Due for a Dividend Cut?
The Motley Fool· 2024-08-24 19:47
Core Viewpoint - Medical Properties Trust (MPT) offers a high dividend yield of nearly 13%, but its financial performance raises concerns about the sustainability of this dividend [3][4][6]. Financial Performance - MPT has been selling off assets to improve cash flow, indicating insufficient cash generation for operations and dividend payments [3][4]. - The company reported a negative funds from operations (FFO) per share of $1.45 for the first half of the year, down from a positive $0.88 the previous year [6]. - Normalized FFO for the year so far is $0.47, significantly lower than $0.85 in the same period last year [6]. Recent Developments - MPT sold 11 healthcare facilities in Colorado for $86 million, which will be used to reduce debt and for general corporate purposes [4]. - The company executed $2.5 billion in liquidity transactions in 2024, highlighting the need for improved liquidity [4]. - One of MPT's key tenants, Steward Health, filed for bankruptcy protection, impacting MPT's share price and adding uncertainty [5]. Dividend Outlook - Although the current dividend payout of $0.30 per share suggests some sustainability, the ongoing asset sales and financial instability raise concerns about future dividend cuts [7][8]. - The overall sentiment is that MPT's dividend is not safe, and further deterioration in financials could lead to a reduction in dividends [8][9].
Medical Properties Trust: Not Yet A Value Trap, Turnaround May Be Slow, Speculative Buy
Seeking Alpha· 2024-08-24 14:00
PM Images We previously covered Medical Properties Trust, Inc. (NYSE:NYSE:MPW) in June 2024, discussing why we had upgraded the REIT as a speculative buy then, attributed to Steward's finalized bankruptcy and the long awaited FQ1'24 dividend announcements - with it providing the much-needed resolution to its ongoing tenant troubles. With FQ1'24 bringing forth a decent balance sheet as the management also guided improved liquidity in 2024, we believed that MPW was likely to weather the near-term uncertaintie ...
Despite a Series of Setbacks, This Ultra-High-Yield Dividend Stock Sees Better Days Ahead
The Motley Fool· 2024-08-22 09:05
Medical Properties Trust thinks things will look up once it puts Steward in the past. Medical Properties Trust (MPW -1.48%) continues to face obstacles in its road to recovery. The hospitalfocused real estate investment trust (REIT) has battled headwinds from surging interest rates and financially challenged tenants. It has been working to overcome these issues by selling off hospital properties to repay debt while providing additional assistance to its troubled tenants. It has also cut its dividend twice, ...
Best Income Stocks to Buy for August 20th
ZACKS· 2024-08-20 09:51
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 20: Two Harbors Investment Corp. (TWO) : This mortgage investment company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 118.6% the last 60 days. This Zacks Rank #1 company has a dividend yield of 13.2%, compared with the industry average of 12%. NexPoint Real Estate Finance, Inc. (NREF) : This real estate investment trust has witnessed the Zacks Consensus Estima ...
Medical Properties Trust: A Textbook Value Trap
Seeking Alpha· 2024-08-18 11:00
| --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | DNY59/E+ via Getty Images Let me begin this article by saying that I'm the sucker. | | | That's right. I got "suckered" into buying a modest quantity of Medical Properties Trust (NYSE:MPW) shares. | | | I'm sure others also got mesmerized by the once double-digit yield of this "mission-critical ...
Medical Properties (MPW) Disposes of 11 Facilities to UCHealth
ZACKS· 2024-08-16 16:40
Medical Properties Trust, Inc. (MPW) — also known as MPT — recently concluded the disposition of 11 freestanding emergency department (FSED), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health ("UCHealth") for $86 million. The move is in line with the company's capitalrecycling strategy. Reflecting positive sentiments, shares of MPW gained 5.34% on Aug 15 regular trading session on the NYSE. The company plans to allocate the proceeds obtained from the transaction t ...
MPW or OHI: Which Is the Better Value Stock Right Now?
ZACKS· 2024-08-16 16:40
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Medical Properties (MPW) and Omega Healthcare Investors (OHI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Ra ...
Medical Properties: Why And How To Sell Your Shares
Seeking Alpha· 2024-08-16 15:39
yuriz MPW stock: 12% dividend yield in jeopardy I last analyzed Medical Properties (NYSE:MPW) about three months ago. As you can see from the screenshot below, the article was cntitled "Medical Properties" Dividend Trap Turned Into Value Trap" was published by Secking Alpha on May 16, 2024. As the title suggests, I considered the stock a value trap with the Steward bankruptcy and argued for a sell rating. Quote: The current short interest on Medical Properties Trust stock sits around 38%, but you should not ...
Why Medical Properties Trust Stock Crushed the Market Today
The Motley Fool· 2024-08-15 23:19
The company did well financially in an 11-property deal with a business partner. For numerous valid reasons, Medical Properties Trust (MPW 5.34%) has generally been an unpopular stock this year. You wouldn't know that from the real estate investment trust's (REIT) performance on Thursday, though, as its price rose by more than 5% on news of a big divestment. That performance easily topped that of the S&P 500, which increased by 1.6% on the day. A sizable asset sale Just after market hours on Wednesday, Medi ...
Best Income Stocks to Buy for August 13th
ZACKS· 2024-08-13 10:06
Here is a stock with buy rank and strong income characteristics for investors to consider today, August 13th: Medical Properties Trust, Inc. (MPW) : This real estate investment trust has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 12.9%, compared with the industry average of 4.6%. See the full list of top ranked stocks here. Find more top income stocks with some of our great ...