Richard Drury Medical Properties Trust (NYSE:MPW) reported second-quarter funds from operations of $0.23 per-share that met expectations, but the hospital REIT also agreed as part of its credit facility negotiations to limit the dividend to $0.08 per-share quarterly going forward. Since the REIT paid $0.15 per-share as recently as July, investor are headed for a 47% dividend cut. While the dividend cut was not the greatest news, the hospital REIT did make considerable progress in tems of selling assets (and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.001 per share, of Medical Properties Trust, Inc. MPW The New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the trans ...

MoMo Productions/DigitalVision via Getty Images August 8th was a very volatile day for shareholders of Medical Properties Trust (NYSE:MPW). At one point, shares were down nearly 10.5%. But by the end of the day, they ended closing up by 4.4%. This volatility came after management announced financial results covering the second quarter of the company's 2024 fiscal year. Revenue came in slightly higher than anticipated, while normalized FFO (funds from operations) came in at around what analysts thought it wo ...

Medical Properties Trust must limit its cash dividends while a key tenant remains in bankruptcy. Medical Properties Trust (MPW 4.36%) has offered a double-digit dividend yield for over a year. That big yield was a sign that the market didn't believe the real estate investment trust (REIT) would be able to maintain its dividend level, even after cutting it by nearly 50% last August. The market's skepticism proved to be correct. The healthcare REIT is indeed reducing its dividend again. The cut, which could p ...

Medical Properties Trust, Inc. (NYSE:MPW) Q2 2024 Results Conference Call August 8, 2024 11:00 AM ET Company Participants Charles Lambert - Vice President Edward Aldag - Chairman, President & Chief Executive Office Rosa Hooper - Senior Vice President, Operations & Secretary Kevin Hanna - Senior Vice President, Controller & Chief Accounting Officer Steven Hamner - Executive Vice President & Chief Financial Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Joshua Dennerlein - Ba ...

For the quarter ended June 2024, Medical Properties (MPW) reported revenue of $266.56 million, down 21% over the same period last year. EPS came in at $0.23, compared to -$0.07 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $259.38 million, representing a surprise of +2.77%. The company delivered an EPS surprise of +15.00%, with the consensus EPS estimate being $0.20. While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

Medical Properties (MPW) came out with quarterly funds from operations (FFO) of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to FFO of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 15%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.25 per share when it actually produced FFO of $0.24, delivering a surprise of -4%. Over the la ...

Exhibit 99.1 Contact: Drew Babin, CFA, CMA Head of Financial Strategy and Investor Relations Medical Properties Trust, Inc. (646) 884-9809 dbabin@medicalpropertiestrust.com MEDICAL PROPERTIES TRUST, INC. REPORTS SECOND QUARTER RESULTS Successfully Executed More than $2.5 Billion in Year-to-Date Liquidity Transactions Modified Credit Facility Terms and Conditions Birmingham, AL – August 8, 2024 – Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced financial and operating resul ...

Medical Properties Trust, Inc. (MPW) — also known as MPT — is scheduled to report second-quarter 2024 earnings results on Aug 8, before the opening bell. The company's quarterly results are expected to reflect a year-over-year decline in revenues and funds from operations (FFO) per share. In the last reported quarter, this real estate investment trust (REIT), which acquires and develops net-leased hospital facilities, posted a normalized FFO per share of 24 cents, missing the Zacks Consensus Estimate by 4%. ...

Catherine Delahaye In the coming days, it's highly likely that investors will see a great deal of volatility coming from a REIT by the name of Medical Properties Trust (NYSE:MPW). Those who follow the company closely know that the last couple of years have been rather tumultuous for it. Concerns over major tenants, not to mention high levels of debt, have caused the stock price to take quite a dive. But those who are bullish about the company, like me, currently believe that upside potential is significant. ...