The latest trading session saw Medical Properties (MPW) ending at $4.82, denoting a +0.42% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.07% for the day. Meanwhile, the Dow gained 0.31%, and the Nasdaq, a tech-heavy index, added 2.17%. Heading into today, shares of the health care real estate investment trust had gained 2.13% over the past month, lagging the Finance sector's gain of 4.06% and the S&P 500's gain of 2.92% in that time. Investors will b ...

Medical Properties Trust has cut its dividend twice over the past year. Medical Properties Trust (MPW -2.88%) recently declared its latest dividend payment. On the one hand, the $0.08-per-share payout puts its dividend yield at more than 7%. However, that payment was nearly 50% below last quarter's level and more than 70% below where it was in the middle of last year. The driving factor of the healthcare REIT's most recent reduction is the impact of the bankruptcy of its top tenant, Steward Health Care. It' ...

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].

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 ...

Core Viewpoint - Medical Properties Trust is facing significant financial challenges, including a $700 million impairment charge in Q2 2024 and a potential dividend cut to $0.08 per share, reflecting a 46.7% decrease from the current dividend of $0.15 per share [1][14]. Financial Performance - The trust reported a 52% year-over-year decline in normalized funds from operations, earning $0.23 per share in Q2 2024, primarily due to asset disposals and the bankruptcy of Steward Health Care, its largest operator [10][12]. - Medical Properties Trust has experienced three consecutive quarters of negative funds from operations [10][14]. Asset Management - As of June 30, 2024, the trust's portfolio consisted predominantly of hospitals, which accounted for 60% of its assets and 65% of its revenues [4]. - The trust has engaged in aggressive asset sales, generating $2.5 billion in liquidity year-to-date, which has helped address its debt issues [8][10]. Debt Situation - Medical Properties Trust currently holds $9.5 billion in total debt, with significant maturities scheduled in the coming years [8][10]. - The trust's debt maturities include $1.3 billion due in 2027 and $900 million due in 2029, among other obligations [10]. Dividend Outlook - The trust has announced a cap on its dividend at $0.08 per share, with the potential for further reductions if liquidity preservation becomes necessary [11][14]. - Despite covering its dividend with normalized funds from operations in Q2 2024, the ongoing financial pressures suggest a high risk of further cuts [11][14]. Market Valuation - Medical Properties Trust's stock is currently trading at $4.64 per share, representing a 46% discount to its GAAP book value of $10.32 per share as of June 30, 2024 [12]. - The market appears to be pricing in significant risks associated with the trust's financial stability and dividend uncertainty [12][13].

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, ...

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 ...

| --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | 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 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 ...

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 ...