Medical Properties Trust: Downgraded After Dividend Reduction, I'm No Longer Bullish

Steven Fiorillo
36.83K Followers

Summary

  • Market sentiment for Medical Properties Trust has been crushed since earnings, with shares losing around 1/3rd of their value and multiple downgrades.
  • A California regulator has halted a deal that would provide financial support to one of MPW's struggling tenants, adding to negative sentiment.
  • MPW has slashed its dividend and reported a net loss in Q2, leading to concerns about its balance sheet and debt obligations.

Money on the edge

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It's been an awful year for Medical Properties Trust (NYSE:MPW) and its shareholders. Over the past year, shares have declined by -56.77%, and since earnings on 8/8/23, shares have lost roughly 1/3rd of their

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of MPW, OHI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.

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