For the quarter ended March 2024, Medical Properties (MPW) reported revenue of $271.32 million, down 22.5% over the same period last year. EPS came in at $0.24, compared to $0.05 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $283.29 million, representing a surprise of -4.23%. The company delivered an EPS surprise of -4.00%, with the consensus EPS estimate being $0.25.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Medical Properties (MPW) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.27 per share when it actually produced FFO of $0.36, delivering a surprise of 33.33%.Over the l ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Medical Properties Trust Inc (NYSE: MPW) is in the red today after reporting disappointing financial results for its first quarter. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why did MPT see weakness in Q1?Copy link to sectionThe real estate investment trust attributed weakness in Q1 to Steward Health Care System – its largest tenant that filed for Chapter 11 bankruptcy th ...

Exhibit 99.1 Birmingham, AL – May 9, 2024 – Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced financial and operating results for the first quarter ended March 31, 2024, as well as certain events occurring subsequent to quarter end. Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer, said, "We continue to execute a capital allocation strategy that we now expect will exceed our initial target of $2.0 billion in liquidity transactions in 2024. This strategy ...

Medical Properties Trust, Inc.  (MPW) — also known as MPT — is scheduled to report first-quarter 2024 earnings results on May 9, 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 36 cents, beating the Zacks Consensus Estimate by 33.3 ...

Catherine Delahaye/DigitalVision via Getty Images Article Thesis Medical Properties Trust, Inc. (NYSE:MPW) has seen its shares decline on Monday following a bankruptcy filing by one of its tenants, Steward Health Care System. While a tenant bankruptcy generally is a negative news item, MPW shares did not drop as much as the pre-market price indicated. Also, MPW continues to trade well above its 52-week-low, which could be because a Steward Health bankruptcy was not a major surprise. Let's take a look at ...

Medical Properties Trust's top tenant files for bankruptcy.Medical Properties Trust (MPW -7.60%) continues to battle seemingly unrelenting headwinds. The real estate investment trust (REIT) has had to navigate tenant-related issues and surging interest rates. These issues have weighed heavily on its stock price, driving its dividend yield into the double digits. It seems like every time the healthcare REIT takes one step forward in its recovery plan, it soon faces another setback. The latest complication co ...

Its largest tenant filed for bankruptcy, and the medical REIT will provide it even more in debtor financing.Shares of Medical Properties Trust (MPW -7.80%) fell in Monday trading, down 7.7% as of 1:39 p.m. ET.The medical property real estate investment trust (REIT) has been see-sawing this year after a disastrous 2023 in which long-term interest rates rose and its largest tenant encountered severe financial problems that caused it to stop paying rent. After hope emerged in late March, however, that tenant i ...

Could Medical Properties Trust be an underrated stock to buy right now?Medical Properties Trust (MPW 0.62%) has been a polarizing stock to own and watch in recent years. It has an incredibly high-dividend yield of 16%, which can be enticing to investors seeking a high payout. But the healthcare-focused real estate investment trust (REIT) has also slashed its dividend payments recently as it has faced problems with tenants paying their rent on time.The REIT has been resorting to selling off assets in an effo ...

spooh/iStock via Getty ImagesMedical Properties Trust (NYSE:MPW) finally declared its long-delayed dividend distribution, announcing a $0.15 per share distribution to now be paid on May 1. The prior absence of a first-quarter distribution had formed a point of angst for some shareholders and was the focal point of my last article on the ticker. MPW's dividend annualized at $0.60 per share means a substantial 13.6% dividend yield, a near-historic high, even as the REIT continues to make significant progr ...