Latest news with #MedicalPropertiesTrust
Yahoo
2 days ago
- Business
- Yahoo
Medical Properties Trust (MPW) Raises $500M to Strengthen Balance Sheet
We recently published . Medical Properties Trust, Inc. (NYSE:MPW) is one of the best healthcare stocks. Medical Properties Trust, Inc. (NYSE:MPW) is a REIT specializing in acquiring and developing net-leased hospital and healthcare properties. It leases or loans these assets to hospital operators, enabling them to unlock real estate value and reinvest in facility improvements. As of August 2025, Medical Properties Trust, Inc. (NYSE:MPW) filed a prospectus for an at-the-market equity program to raise $500 million, aimed at debt repayment and healthcare property acquisitions. By mid-2025, its portfolio included 392 properties across acute care hospitals, behavioral health, post-acute facilities, and freestanding ER centers, leased or loaned to 53 tenants. Approximately 4% of the portfolio is either in development or unleased, with no single property exceeding 2% of total assets. Following challenges such as tenant bankruptcies, the business has focused on stabilizing operations by improving rent collections and transitioning properties to new operators. Its Q2 2025 results showed sequential improvement, with revenues and normalized funds from operations surpassing expectations, which signals a potential turnaround despite ongoing risks from leverage, interest costs, and tenant uncertainties. Looking ahead, Medical Properties Trust, Inc. (NYSE:MPW) plans to continue its acquisition strategy, leveraging the equity raise to strengthen its balance sheet and further stabilize its tenant base. While we acknowledge the potential of MPW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-08-2025
- Business
- Yahoo
This Beaten-Down 8%-Yielding Dividend Stock Is Finally on the Road to Recovery
Key Points Medical Properties Trust's new tenants are paying steadily rising rental rates. The company has a couple more catalysts ahead. It offers a high-yielding dividend and substantial upside potential as its stock price recovers. These 10 stocks could mint the next wave of millionaires › Medical Properties Trust (NYSE: MPW) has endured a rough couple of years. The hospital-focused real estate investment trust (REIT) has faced the bankruptcies of its two largest tenants. Their financial troubles occurred during a period when interest rates surged, making it challenging to refinance debt as it matured. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes However, the healthcare REIT has gotten past this rough patch. As a result, it's now finally on the road to recovery, which was evident in its second-quarter results. That puts its roughly 8%-yielding dividend on a much more sustainable foundation, making the REIT an interesting option for those seeking income and upside potential. New tenants are starting to contribute Medical Properties Trust spent much of last year dealing with the bankruptcy of its former top tenant, Steward Health Care. The REIT was able to take back control of its real estate from Steward last September as part of the bankruptcy settlement. That allowed the hospital owner to transition the hospital operations to new tenants. It ultimately replaced Steward with five new tenants at 17 properties. Those new tenants started paying rent this year under leases that steadily escalate rental rates over the next two years. The group collectively paid only $3.4 million in rent during the first quarter. That amount increased to $11 million in the second quarter as rental rates continued to escalate steadily. This represented 96% of the rent it billed to these tenants (it didn't collect $500,000 in rent from two facilities due to some start-up issues). Three of its tenants are already paying the fully ramped-up cash rate. Rising rental income from these tenants, along with continued stability from most of its existing portfolio, enabled Medical Properties Trust to book a total of $240.4 million of revenue during the quarter. Meanwhile, the REIT reported $0.14 per share of normalized funds from operations (FFO) in the period. That easily supported its dividend payment of $0.08 per share. The recovery should continue Medical Properties Trust anticipates that rents from its new tenants will increase to $17 million in the third quarter. This number should continue rising. The REIT expects to reach the fully stabilized rate in October 2026, of around $160 million annualized (approximately $40 million per quarter). That drives its confidence that its annualized cash rent will exceed $1 billion by the end of next year. "In summary, our transitional portfolio is quickly ramping performance and rent payments as expected, and our other tenants from around the world are delivering consistent performance, driven by healthy volume and cost trends," stated Rosa Hooper, senior VP of operations, on the second-quarter call. She continued, "Put simply, MPT's portfolio is well positioned to continue to generate significant cash flow and create value for shareholders moving forward." More potential catalysts ahead The company has several potential additional catalysts that could enhance its ability to grow shareholder value in the future. One is the final resolution with its other bankrupt tenant (Prospect Medical Holding). In March, the bankruptcy court approved a settlement between the REIT, Prospect, and other parties that will allow the bankrupt healthcare company to sell its hospital operations and the related real estate owned by Medical Properties Trust. As those sales occur, the REIT will receive funds that it can use to repay debt or invest in new income-generating assets. Medical Properties Trust also continues to explore ways to grow earnings, reduce its cost of capital, and enhance its valuation. For example, it continues to own very valuable hospital real estate that it could monetize, potentially through joint venture transactions. Future moves could help unlock shareholder value by selling stakes in its properties at strong valuations and recycling the capital into new, higher-return investments. These moves could boost its share price and its ability to rebuild its dividend. Healthy total return potential Shares of Medical Properties Trust currently sit more than 80% below where they were in early 2022 before interest rates started rising, and its tenant issues began to worsen. That slump is why the company offers such a high dividend yield despite two deep cuts. With its tenant and balance sheet issues now in the rearview mirror, the REIT's reset dividend is safe and could start rising in the future as its rental income increases. That growth, along with future moves to unlock shareholder value, could help drive a recovery in Medical Properties Trust's stock price. This combination of income and upside potential makes it a potentially very attractive investment opportunity these days. Trump's Tariffs Could Create $1.5 Trillion AI Gold Rush The Motley Fool's analysts are tracking a massive shift in U.S. tech. Over $1.5 trillion is already flowing into infrastructure, AI, and advanced manufacturing… and the number keeps climbing. Following a major tariff policy shift, a new AI Gold Rush is taking shape, and we think . It builds the tech infrastructure that Apple, OpenAI, and others suddenly can't live without. We just released a full write-up on this under-the-radar stock — and why now might be the exact moment to move. Continue » *Stock Advisor returns as of August 4, 2025 Matt DiLallo has positions in Medical Properties Trust. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This Beaten-Down 8%-Yielding Dividend Stock Is Finally on the Road to Recovery was originally published by The Motley Fool
Yahoo
01-08-2025
- Business
- Yahoo
Medical Properties Q2 NFFO Misses Estimates, Revenues Fall Y/Y
Medical Properties Trust, Inc. MPW — also known as MPT — reported second-quarter 2025 normalized funds from operations (NFFO) per share of 14 cents, missing the Zacks Consensus Estimate of 15 cents. This compared unfavorably with 23 cents per share recorded in the prior-year quarter. Results reflect a decrease in rent billed, income from financing leases and interest and other income revenues. Also, an increase in interest expenses in the quarter remains a concern. However, a rise in straight-line rent revenues supported the results to some extent. MPT clocked in revenues of $240.4 million in the second quarter, beating the Zacks Consensus Estimate of $228.6 million. However, the figure declined 9.8% from the year-ago quarter. Per Edward K. Aldag, Jr., chairman, president and CEO, 'During the quarter, our portfolio of new operators continued to successfully ramp operations around the country. As expected, rental income from these operators increased significantly quarter-over-quarter and, in turn, we remain confident in our visibility to annualized pro rata cash rent of more than $1 billion by the fourth quarter of 2026.' Behind the Headlines In the reported quarter, Medical Properties' rent billed totaled $177.9 million, decreasing 3.2% from the prior-year quarter. Its straight-line rent revenues were $39.7 million, up 3.3% from the year-ago quarter. Income from financing leases of $9.9 million in the second quarter decreased 64.1% from the year-ago quarter. Interest and other income were $12.9 million, down 23% from the year-ago period. Medical Properties' interest expenses were up 27.9% year over year to $129.7 million. In the second quarter, MPW sold a post-acute facility with the most recent annualized cash rents of nearly $4 million for aggregate proceeds of around $28 million and an approximate $5 million real estate gain. MPW's Balance Sheet Position Medical Properties exited the second quarter of 2025 with cash and cash equivalents of $509.8 million, down from $673.5 million as of March 31, 2025. As of June 30, 2025, it had an adjusted net debt to adjusted annualized EBITDA ratio of 9.6. MPW's Zacks Rank Medical Properties currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Medical Properties Trust, Inc. Price, Consensus and EPS Surprise Medical Properties Trust, Inc. price-consensus-eps-surprise-chart | Medical Properties Trust, Inc. Quote Performance of Other REITs American Tower Corporation AMT reported its second-quarter 2025 adjusted FFO, attributable to AMT common stockholders per share, of $2.60, meeting the Zacks Consensus Estimate. This compares favorably with the prior year's reported figure of $2.54. Results reflected a year-over-year rise in revenues, aided by revenue growth across its property and service operations segment. AMT recorded healthy year-over-year organic tenant billings growth of 4.7% and total tenant billings growth of 5.2%. Digital Realty Trust DLR reported second-quarter 2025 core FFO per share of $1.87, beating the Zacks Consensus Estimate of $1.74. FFO per share also increased 13.3% year over year. DLR's result reflected steady leasing momentum with better rental rates amid rising demand. The company raised its 2025 core FFO guidance range. Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Tower Corporation (AMT) : Free Stock Analysis Report Digital Realty Trust, Inc. (DLR) : Free Stock Analysis Report Medical Properties Trust, Inc. (MPW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
28-07-2025
- Business
- Yahoo
The 3 Things That Matter for Medical Properties Trust Now
Key Points Medical Properties Trust is a healthcare REIT focused on owning hospitals. Some income investors may be drawn to its huge 7.4% dividend yield. This is a turnaround story, but it probably won't be a quick one. 10 stocks we like better than Medical Properties Trust › Despite a lofty 7.4% or so dividend yield, Medical Properties Trust (NYSE: MPW) is not going to be an investment that will be interesting to every high-yield investor. In fact, this healthcare-focused landlord is really something of an acquired taste. If you are looking at this stock's huge yield and wondering if it is right for you, here are three things that matter (a lot) right now. 1. Don't ignore Medical Property Trust's history Just because something happens once doesn't mean it will ever happen again. And if that thing happens twice, well, that doesn't mean it will ever happen again, either. But when things start to repeat, even if it's just two times, that thing starts to feel like a possible trend. For Medical Properties Trust, that thing was a pair of dividend cuts that took the dividend from $0.29 per share per quarter to $0.08. Yikes! That's a huge decline. What happened is that the real estate investment trust (REIT) had multiple large tenants that struggled to pay their rent. Medical Properties Trust had no choice but to reduce the dividend when the rent stopped being paid. What went wrong? The answer is what matters here, and the business model is partly responsible. Medical Properties Trust owns hospitals, which are very large and specialized assets. While it owns 393 properties, it only has 53 tenants. It isn't easy to find a new tenant for a hospital property if the current tenant gets into trouble. If you are looking at the REIT right now, you'll want to understand the inherent risk of the business model here since history shows that tenant problems can quickly turn into problems for dividend investors. 2. Things are getting better for the REIT To be fair, Medical Properties Trust's roster of tenants is showing improvement, with rent coverage improving across the portfolio in 2024. For investors who like turnaround stories, Medical Properties Trust could be an interesting story to look into now. That said, you have to keep the basic business model in mind. Hospitals are large properties, and the fairly modest improvement in rent coverage isn't going to suddenly lead to huge profits for Medical Properties Trust. This is more of a stabilization of the business, which is clearly a vital step in the turnaround process, given the pair of dividend cuts that were made. It matters a lot that Medical Properties Trust's tenants are doing better, and investors should keep watching to make sure the trends remain positive. But investors shouldn't buy this stock thinking that it will suddenly be a growth story. 3. A return to strong growth may take some time One of the most important avenues of growth for a REIT is to buy new properties. The first step for Medical Properties Trust is to mend its core business, which, as noted above, it is doing. The next step will be to start buying new properties. That, however, is going to be a stretch for this REIT. Basically, the hit from its tenants resulted in a worsening of the REIT's balance sheet. And the dividend cuts led to a dramatic fall in the stock price. Since REITs generally tap the capital markets for growth capital, Medical Properties Trust isn't exactly in a prime position to go on a buying spree. So, the core operating performance matters a lot right now, but so does the company's financial position. You'll want to watch closely to see how management deals with leverage and its access to capital. What matters if you are looking at Medical Properties Trust? Every investment is unique, and every investment has its own list of complexities. Right now, a key issue for Medical Properties Trust is a business model that seemingly failed dividend investors. The work that management has done to deal with its remaining tenants to stabilize its business is an effort that seems far from over. And the REIT is in a weakened financial state, which will likely make it harder to grow in the near term. Yes, Medical Properties Trust has an attractive dividend yield. But given the facts that matter here, that probably won't make it a buy for most dividend investors. Should you invest $1,000 in Medical Properties Trust right now? Before you buy stock in Medical Properties Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Medical Properties Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The 3 Things That Matter for Medical Properties Trust Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
24-07-2025
- Business
- Business Wire
Medical Properties Trust Announces Second Quarter 2025 Financial Results Conference Call and Webcast
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Medical Properties Trust, Inc. (the 'Company' or 'MPT') (NYSE: MPW) today announced it will host a conference call and webcast on Thursday, July 31, 2025, at 11:00 a.m. Eastern Time to discuss the company's second quarter 2025 financial results. A press release with second quarter 2025 financial results will be issued before the market opens on July 31, 2025. The dial-in numbers for the conference call are 800-715-9871 (North America) and 646-307-1963 (International) and the passcode is 5278552 to join the conference. Call participants are encouraged to dial in 10-15 minutes early to ensure registration is completed prior to the start of the conference. The conference call will also be webcast live on the Investor Relations section of the company's website, A telephone and webcast replay of the call will be available shortly after the call's completion. The telephone replay will be available through August 7, 2025, using dial-in numbers 800-770-2030 (North America), 609-800-9909 (International) along with passcode 5278552. The webcast replay will be available for one year on the Investor Relations section of the company's website. About Medical Properties Trust, Inc. Medical Properties Trust, Inc. is a self-advised real estate investment trust formed to acquire and develop net-leased hospital facilities. The Company'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. For more information, please visit the Company's website at
