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 ...

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 ...

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 ...

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 ...