Richard Drury Medical Properties Trust (NYSE:MPW) reported solid results for the first fiscal quarter this week, especially when considering how stressful the situation has become with regard to one of the REIT's most important tenants, Steward. The healthcare facility operator this month declared bankruptcy and seeks to restructure its business via Chapter 11 proceedings. From an operational perspective, Medical Properties managed to support its current dividend of $0.15 per-share with normalized FFO. I do ...

Medical Properties Trust's unhealthy portfolio has cast a shadow on its healthier properties.Medical Properties Trust (MPW 5.16%) is one of the world's largest hospital owners. The real estate investment trust (REIT) owns 436 facilities in nine countries and has leased or mortgaged its properties to 53 hospital operating companies. While the healthcare REIT has a fairly well-diversified portfolio, it has become a tale of two portfolios. It's the best of times for its international portfolio and those in the ...

Medical Properties Trust, Inc. (NYSE:MPW) Q1 2024 Earnings Conference Call May 9, 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 - Bank ...

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 ...