Medical Properties Trust(MPW)
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Medical Properties Trust Soars On Positive Steward News
Seeking Alpha· 2024-09-12 22:46
Oliver Rossi/DigitalVision via Getty Images Article Thesis On Thursday, Medical Properties Trust, Inc. (NYSE:MPW) saw its shares explode upwards by 16% as the market priced in a positive development when it comes to MPW's bankrupt tenant Steward Health Care System. The two companies agreed to transfer control of MPW's real estate to MPW, which will allow MPW to transfer operations to stronger operators that will pay rent on time. MPW continues to have issues, but this deal shows that the underlying value of ...
Medical Properties Resumes Control of its Real Estate From Steward
ZACKS· 2024-09-12 18:36
Medical Properties Trust, Inc. (MPW) — also known as MPT — recently announced that it reached an agreement with Steward Health Care System, its secured lenders and the Unsecured Creditors Committee. This agreement reinstates MPT's control over its real estate and terminates its relationship with Steward. It also enables the immediate transition of operations at 15 hospitals in the country. The settlement agreement comprises 23 hospitals that were formerly operated by Steward. The company has also collaborat ...
Why Medical Properties Trust Rallied Today
The Motley Fool· 2024-09-12 17:13
The company reached a settlement with the troubled Steward Health and inked new lease agreements with new operators for most of its facilities. Shares of Medical Properties Trust (MPW 17.84%) were rallying 16.8% in Thursday trading as of 12:45 p.m. ET. The medical property real estate investment trust (REIT) has a depressed stock price, as rising interest rates and problems with its largest tenant, Steward Health Care, forced the company to slash its dividend nearly in half over the summer -- the second 50% ...
Here's Why Medical Properties (MPW) Gained But Lagged the Market Today
ZACKS· 2024-09-11 22:56
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 ...
Upgrading Medical Properties Trust On Possible Bullish Catalyst
Seeking Alpha· 2024-09-06 17:39
| 原 T III franckreporter My Thesis Update I initiated coverage on Medical Properties Trust, Inc. (NYSE:MPW) stock on January 20, 2024, with a "Strong Buy" rating, saying that investors need to be greedy while others were fearful at the time. It was a speculative call in its nature, and the main argument I wrote was that MPW's undervaluation combined with its high short interest and solid support from the 2009 crisis made the stock attractive to medium-term dip buyers. The stock was up 23.3% after 3 months, ...
Medical Properties (MPW) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-09-03 17:01
Medical Properties (MPW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices - - has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a ...
This Ultra-High-Yield Dividend Stock Is Taking Matters Into Its Own Hands to Solve a Key Pain Point
The Motley Fool· 2024-09-03 09:32
Medical Properties Trust is taking a major step to address its biggest issue. Medical Properties Trust (MPW 1.58%) has battled a barrage of issues over the past several years. Chief among them has been the financial challenges of its top tenant, Steward Health Care, which filed for bankruptcy protection earlier this year. These troubles have forced the hospital-focused real estate investment trust (REIT) to cut its dividend twice over the past year, with the most recent reduction trimming its dividend yield ...
MPW vs. OHI: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-09-02 16:47
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Medical Properties (MPW) and Omega Healthcare Investors (OHI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positiv ...
Medical Properties Trust: Material Upside From Current Levels
Seeking Alpha· 2024-08-31 07:16
Editor's note: Seeking Alpha is proud to welcome Jon Gillett as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » PictureLake/iStock Unreleased via Getty Images Mark Twain once wrote, "The reports of my death are greatly exaggerated." These are fitting words for the current state of Medical Properties Trust, which, despite th ...
Avoid Buying This Ultra-High-Yield Dividend Stock Until After This Catalyst
The Motley Fool· 2024-08-27 10:49
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' ...