Profile
Sector:
Real EstateIndustry:
Healthcare FacilitiesCountry:
United StatesIPO:
08 July 2005Next earnings report:
08 August 2024Last dividends:
10 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:52:27 GMTAnalysts recommendations
Institutional Ownership
MPW Latest News
Medical Properties is a real estate investment trust that invests in hospitals. Its recent results suggest that its current dividend may be sustainable.
Medical Properties Trust: Why I Think It Is Worth Having A Pop
Steward Health Care and Prospect Medical Holdings, Medical Properties' tenants, face financial and legal issues, leading to potential impairment charges and shareholder value destruction. MPW's Q1 financial performance was disappointing, with declining revenue and FFO, and significant impairment charges related to Steward. Despite a high dividend yield and undervaluation, MPW's exposure to struggling tenants and questionable due diligence processes warrant a "Strong Sell" recommendation.
In the closing of the recent trading day, Medical Properties (MPW) stood at $4.66, denoting a +0.22% change from the preceding trading day.
Medical Properties Trust has a very high dividend yield. The REIT's share price has plunged due to higher interest rates and tenant issues.
Based on the totality of all factors, I think my downgrade in March 2024 was a great decision. Medical Properties Trust keeps reporting a significant financial deterioration amid a rising debt-to-equity ratio. I see a slow reaction from Wall Street analysts - it heightens the risks of future earnings misses. With a cheap valuation and short interest of 34.35%, I'd definitely not short MPW at the moment.
In the latest trading session, Medical Properties (MPW) closed at $4.81, marking no change from the previous day.
Medical Properties Trust has a high priority as a lender in the bankruptcy process and stands a good chance of recovering its investment. Impairments have affected the company's funds flow calculation, but there is still cash generated from operations. The company's management has a good track record with bankruptcies, but the current situation is a larger Steward bankruptcy.
Medical Properties Trust stock hasn't traded at its current levels in 15 years. The deeply discounted stock comes with significant risk due to the uncertainty around Steward Health, one of its key tenants.
Medical Properties Trust (NYSE: MPW) stock price has erased some of its year-to-date gains as concerns about its business continued. It has crashed by over 24% from its highest point this year, moving into a deep bear market.
What type of business is Medical Properties Trust?
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023. Since the end of the third quarter, the Company has sold four facilities and now owns approximately 43,000 licensed beds in nine countries across three continents. MPT's financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.
What sector is Medical Properties Trust in?
Medical Properties Trust is in the Real Estate sector
What industry is Medical Properties Trust in?
Medical Properties Trust is in the Healthcare Facilities industry
What country is Medical Properties Trust from?
Medical Properties Trust is headquartered in United States
When did Medical Properties Trust go public?
Medical Properties Trust initial public offering (IPO) was on 08 July 2005
What is Medical Properties Trust website?
https://www.medicalpropertiestrust.com
Is Medical Properties Trust in the S&P 500?
No, Medical Properties Trust is not included in the S&P 500 index
Is Medical Properties Trust in the NASDAQ 100?
No, Medical Properties Trust is not included in the NASDAQ 100 index
Is Medical Properties Trust in the Dow Jones?
No, Medical Properties Trust is not included in the Dow Jones index
When does Medical Properties Trust report earnings?
The next expected earnings date for Medical Properties Trust is 08 August 2024