| Previous Close | 17.82 |
| Open | 17.87 |
| Bid | 18.11 x 3100 |
| Ask | 18.18 x 1800 |
| Day's Range | 17.84 - 18.20 |
| 52 Week Range | 13.98 - 18.92 |
| Volume | 3,157,736 |
| Avg. Volume | 4,482,215 |
| Market Cap | 8.1B |
| Beta (3Y Monthly) | 0.35 |
| PE Ratio (TTM) | 7.10 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.00 (5.61%) |
| Ex-Dividend Date | 2019-06-12 |
| 1y Target Est | N/A |
Medical Properties Trust, Inc. (the “Company” or “MPT”) (MPW) announced today that its Board of Directors declared a quarterly cash dividend of $0.26 per share of common stock to be paid on October 10, 2019, to stockholders of record on September 12, 2019. “This marks the sixth consecutive year that we have declared an increase in our cash dividend,” said Edward K. Aldag., Jr., Chairman, President and Chief Executive Officer. “Our strategy remains to steadily increase our cash dividend each year as we grow funds from operations through immediately and strongly accretive acquisitions.
Medical Properties Trust, Inc. today announced it will host a conference call and webcast on Thursday, August 1, 2019 at 11:00 a.m. Eastern Time to discuss the company’s second quarter 2019 financial results.
Medical Properties Trust, Inc. (“MPT” or the “Company”) (MPW), today announced that it has entered into a definitive agreement with Secure Income REIT (“SIR”) (SIR.L) under which MPT will acquire freehold interests in eight private hospitals located throughout England for an aggregate purchase price of approximately $434 million. The transaction achieves a GAAP lease rate consistent with overall global cap rates for MPT’s recent transactions, resulting in an attractive investment spread and is expected to close during the third quarter of 2019, subject to customary closing conditions. The Company expects to initially finance the transaction from available cash balances and borrowings under its existing credit facility.
Medical Properties Trust, Inc. (the “Company”) (MPW) announced today that it has priced an upsized offering of $900.0 million aggregate principal amount of senior notes due 2029 (the “Notes”) by its operating partnership, MPT Operating Partnership, L.P. (the “Operating Partnership”), and MPT Finance Corporation, a wholly-owned subsidiary of the Operating Partnership (“MPT Finance” and, together with the Operating Partnership, the “Issuers”). The offering size was increased to $900.0 million from the previously announced $750.0 million aggregate principal amount.
Medical Properties Trust, Inc. (the “Company”) (MPW) announced today that underwriters of the Company’s follow-on offering announced on July 15, 2019 have exercised their over-allotment option in full to purchase an additional 6,750,000 shares from the Company at the offering price of $17.29 per share. In total, the Company sold 51,750,000 shares of common stock in the offering and estimates that net proceeds, after deducting underwriting discounts and commissions and estimated offering expenses, will be approximately $858.1 million. Barclays, BofA Merrill Lynch and J.P. Morgan acted as joint book-running managers and representatives of the underwriters for the offering.
Medical Properties Trust, Inc. (the “Company”) (MPW) announced today that its operating partnership, MPT Operating Partnership, L.P. (the “Operating Partnership”), and MPT Finance Corporation, a wholly-owned subsidiary of the Operating Partnership (“MPT Finance” and, together with the Operating Partnership, the “Issuers”), intend to offer, subject to market and other conditions, $750.0 million aggregate principal amount of senior notes due 2029 (the “Notes”). The Notes will be senior unsecured obligations of the Issuers, guaranteed by the Company. The Issuers intend to use the net proceeds from the offering of the Notes (the “Notes Offering”), together with the net proceeds from the Company’s recently announced public offering of common stock and funds from additional financing arrangements, which may include borrowings under the Company’s bridge loan facility, revolving credit facility, cash on hand or a combination thereof, to fund the Company’s previously announced acquisitions of a portfolio of 14 acute care hospitals and two behavioral health facilities from Prospect Medical Holdings, Inc. (“Prospect”), and one acute care hospital from Halsen Healthcare (“Halsen”).
Medical Properties Trust, Inc. (the “Company”) (MPW) announced today that it has priced an underwritten public offering of 45,000,000 shares of its common stock at a public offering price of $17.29 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 6,750,000 shares of its common stock. The Company estimates that the net proceeds from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, will be approximately $746.0 million, or approximately $858.1 million if the underwriters’ option to purchase additional shares is exercised in full.
Medical Properties Trust, Inc. (the “Company”) (MPW) announced today that it has commenced an underwritten public offering to sell 45,000,000 shares of its common stock. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 6,750,000 shares of its common stock. The Company intends to use the net proceeds from the offering to partially fund its previously announced acquisitions of a portfolio of 14 acute care hospitals and two behavioral health facilities from Prospect Medical Holdings, Inc. (“Prospect”), and one acute care hospital from Halsen Healthcare (“Halsen”).
Year-to-Date Acquisitions of $3.0 Billion Surpasses 2019 Full Year Acquisition Goal and Establishes Record Acquisitions Year
Medical Properties Trust, Inc. (the “Company” or “MPT”) (MPW) today announced that it has completed the previously announced A$1.2 billion acquisition of the real estate interests of 11 Australian hospitals operated by Healthscope Ltd. The Company financed the acquisition with a A$1.2 billion unsecured five-year term, Australian-denominated loan with a syndicate of banks. Medical Properties Trust, Inc. is a self-advised real estate investment trust formed to acquire and develop net-leased hospital facilities.
Medical Properties Trust, Inc. (the “Company” or “MPT”) (MPW) today announced that it has acquired for $236.5 million a 46% stake in Swiss healthcare real estate company Infracore SA (“Infracore”) from previous majority shareholder, Aevis Victoria SA (“Aevis”). Infracore’s real estate is valued at almost $900 million, making MPT’s share approximately $410 million and MPT the largest shareholder.
Medical Properties Trust, Inc. announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock to be paid on July 11, 2019, to stockholders of record on June 13, 2019.
Per Share Net Income of $0.20 and Normalized FFO of $0.31
Medical Properties Trust, Inc. (MPW) today announced it will host a conference call and webcast on Thursday, May 2, 2019 at 11:00 a.m. Eastern Time to discuss the company’s first quarter 2019 financial results. Dial-in numbers for the replay are 855-859-2056 and 404-537-3406 for U.S. and International callers, respectively. The replay passcode for both U.S. and International callers is 8498286.
Increases Company’s Acquisition Estimates for 2019 and Affirms Previous Earnings Guidance
Medical Properties Trust, Inc. (“MPT” or the “Company”) (MPW), today announced that it has entered into definitive agreements under which the Company will acquire 11 Australian hospitals from affiliates of Healthscope Ltd. (“Healthscope”) for an aggregate purchase price of approximately US$859 million, and lease the acquired real estate back to Healthscope. In a related transaction, Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) together with its institutional partners (collectively “Brookfield”) have agreed to acquire up to 100% of Healthscope’s outstanding shares.
Medical Properties Trust, Inc. today announced it will host a conference call and webcast on Thursday, February 7, 2019 at 11:00 a.m. Eastern Time to discuss the company’s fourth quarter and year-end 2018 financial results.
NEW YORK, Dec. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
NEW YORK, Nov. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Positioned for $2.0 Billion in Accretive, Low-Levered Acquisitions
Medical Properties Trust, Inc. (MPW) today announced it will host a conference call and webcast on Thursday, November 1, 2018 at 11:00 a.m. Eastern Time to discuss the company’s third quarter 2018 financial results. Facilities include acute care hospitals, inpatient rehabilitation hospitals, long-term acute care hospitals, and other medical and surgical facilities.
Medical Properties Trust, Inc. (“MPT” or the “Company”) (MPW), today announced that it has completed the sale of North Cypress Medical Center, a 139-bed acute care hospital located in Cypress, Texas near Houston, to Hospital Corporation of America (“HCA”). The $148 million sale to HCA resulted in an approximate $100 million gain for MPT and an unlevered internal rate of return of more than 17% since the completion of development in 2007. The company expects to use proceeds to make additional investments in U.S. hospital real estate and for other corporate purposes.