Medical Properties Trust Busts Short Case

Summary

  • Medical Properties Trust has addressed and eliminated many concerns from the original short case, making it likely that the remaining concerns also will be resolved.
  • The company has implemented a new dividend strategy that allows for cash retention and growth without frequent equity raises.
  • The Prospect settlement will begin making payments in September, indicating a positive cash flow that will increase dividend coverage in the future.
  • Despite some lingering concerns, the overall coverage of payments for Medical Properties Trust is in good shape, and the company is successfully navigating the continuing challenges of 2020.
  • This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More »
Empty corridor in modern hospital with information counter and hospital bed in rooms.3d rendering

Ninoon

Medical Properties Trust (NYSE:MPW) has now eliminated big chunks of the original short case. This includes suppositions about paying too much for properties and other irregularities. However, as management has surmounted one challenge after another, there's less suppositions of the original short

I analyze oil and gas companies, related companies, and Medical Properties Trust in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a free two-week trial.

This article was written by

23.83K Followers

Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA.

He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MPW 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 and this is not a recommendation to buy or sell a security. Investors are recommended to read all of the company's filings and press releases as well as do their own research to determine if the company fits their own investment objectives and risk portfolios.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About MPW Stock

SymbolLast Price% Chg
EPS
PE
Div Rate
Yield
Short Interest
Market Cap
Volume
Compare to Peers

More on MPW

Related Stocks

SymbolLast Price% Chg
MPW
--