Medical Properties Trust(MPW)
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Medical Properties Trust(MPW) - 2024 Q1 - Quarterly Results
2024-05-09 13:08
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 ...
What's in the Cards for Medical Properties (MPW) in Q1 Earnings?
Zacks Investment Research· 2024-05-08 17:05
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 ...
Medical Properties Trust: The Dreaded Steward Bankruptcy Is Here
Seeking Alpha· 2024-05-07 14:08
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 ...
This Ultra-High-Yield Dividend Stock's Recovery Plans Face Another Setback
The Motley Fool· 2024-05-07 09:31
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 ...
Why Medical Properties Trust Plunged Today
The Motley Fool· 2024-05-06 19:26
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 ...
This Is Great News for Medical Properties Trust and Its 16%-Yielding Dividend
The Motley Fool· 2024-05-05 18:05
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 ...
Medical Properties Trust: Dividend Declared, 13.6% Yield, Undervalued At 3x FFO (Rating Upgrade)
Seeking Alpha· 2024-04-22 21:24
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 ...
Why Ultra-High-Yield Dividend Stock Medical Properties Trust Is Skyrocketing This Week
The Motley Fool· 2024-04-18 20:19
This beaten-down healthcare REIT recently gave investors some much-needed good news.Shares of Medical Properties Trust (MPW 4.61%) were skyrocketing 25.1% this week as of the market close on Thursday, according to data provided by S&P Global Market Intelligence. The big jump was due to two positive announcements from the company last week.On Friday, April 12, Medical Properties Trust reported the sale of its interests in five Utah hospitals to a joint venture (JV) with an investment fund for around $1.1 bil ...
Medical Properties Trust: Your Chance To Get Out
Seeking Alpha· 2024-04-18 12:03
tumsasedgarsIntro & Thesis I have been covering Medical Properties Trust (NYSE:MPW) stock here on Seeking Alpha since November 2022 and have been neutral on the stock since then despite the apparent cheapness of the company: Various details have puzzled me, such as management's actions as well as the internal issues with Steward (at the time, the Steward risks were just arising). Seeking Alpha, my coverage of MPW stockMy last article was published on January 5, 2024 - right after the stock price plumme ...
Medical Properties Trust: A Key Level Is Now In Sight (Technical Analysis)
Seeking Alpha· 2024-04-18 07:56
Thomas Barwick/DigitalVision via Getty ImagesMedical Properties Trust, Inc. (MPW) changed the narrative for itself and passive income investors last week when the real estate investment trust sold more than $1 billion worth of hospitals. This news triggered a 19% price increase for Medical Properties Trust on Monday and caused the stock to close in on a key level that I will touch on in my technical analysis section in this article. Furthermore, I think that Medical Properties Trust’s ability to sell ho ...